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.
There is no set amount for an earnest money check. Some agents advocate offering as low as possible, but others will encourage you to submit enormous sums. There's no doubt that greater amounts better demonstrate how serious you are, but $1,000 will typically suffice without undue financial burden.