Why canât information be deleted from the credit report? Experian stores information from credit grantors and public records in compliance with the Fair Credit Reporting Act. When you use credit, a record of your payment history is reported to credit reporting agencies.
(Updated March 4, 2016) No. Earnest money is not necessary to make an otherwise accepted offer into a valid contract. Earnest money is a buyer-performance item required to be deposited after a contract is fully executed. A contract could become effective even if no earnest money is required in the agreement.
If the buyer is not satisfied with the investigation â or if they simply change their mind about completing the purchase, the buyer may unilaterally terminate the contract and be entitled to a return of their earnest money deposit, assuming notice of termination is delivered to the seller prior to the expiration of the due diligence period.