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.
Put up earnest money deposits in stages. This is slightly more attractive to a seller. The buyer could propose, for example, $1,000 of earnest money payable upon execution of the contract, with another $4,000 due after the buyer clears her due diligence contingencies.he buyer could propose, for example, $1,000 of earnest money payable upon execution of the contract, with another $4,000 due after the buyer clears her due diligence contingencies.