when filling out a sale and purchase agreement who gets the binder deposit -seller or escrow company? also when do you give the title company the contracts?
This is all dependent upon how you negotiated the deal.
Deposits in most cases will be held in escrow
To provide the contracts to the title company can be done in person or by mail.
john michael,
i read that it’s a good idea to use a promissary note instead of actual cash or check with your purchase agreement. what do you think of this?