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.
59 Responses to Understanding Due Diligence and Earnest Money on the NC Offer to Purchase and Contract. 1  Sharan wrote: Well, doesn't this just open the door to buyer manipulation and abuse!!! 2  Chad Hendrix wrote: Well, Sharan, all of these terms are negotiable and have to be agreed upon before there's a contract.