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Cocoa Beach, Brevard County and Melbourne Information:

About Cocoa Beach - Moving to Cocoa Beach, Florida? Get info here...
About Brevard County - Relocating to Brevard County, Florida? Get info here...
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School Reports in Cocoa Beach, Brevard County and Melbourne, Florida

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Making An Offer >Keeping Your Earnest Money Safe

When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?

The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.

If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.

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Q	What is considered the oldest surviving non-native building in the U.S.?
A	The governor's palace in Sante Fe, New Mexico, built in 1609, was constructed with materials and methods adapted from the native Indians.
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Barbara Zorn, REALTOR®, real estate agent and broker for Cocoa Beach, Brevard County and Melbourne Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Barbara Zorn
Prudential Star Real Estate
1733 North Atlantic Avenue
Cocoa Beach, FL 32931
Office: 321-799-0300
Fax: 321-868-5566
Barbara@SoldByBarbara.com
Barbara Zorn is in the top 1% of all agents in the United States for Sales Success. In one year she sold 172 properties. "It takes attention to detail and great support behind the scenes to give the best in service, I couldn't be as good as I am if it wasn't for systems and customer care coordinators who work with my clients to insure they are receiving the best at all times" says Barbara. Barbara has a Masters Degree from the University of Central Florida where she majored in Marketing and Finance. David, her husband, is constantly adding new computer programs that enhance Barbara's career. In their spare time Barbara and David enjoy watching their daughter, Samantha, play soccer.

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