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WHAT IS EM CERTIFIED FUNDS?

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December 15 2009
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Answers (1)

Earnest Money in the form of certified funds means that the money has to be in the form of a cashier's check or money order.  It is also called "good funds".

This is typical for banks to ask for the earnest money in that form so they don't have to wait for the check to clear.

Naima
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December 16 2009
 
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