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Tag: Earnest Money Deposit

federal title excellent service, very knowledgeable and prepared

How to change your chosen title company after you have a ratified sales contract

Written by Federal Title on 2022-08-02.

You can change title companies with the consent of the seller, through a simple addendum to the ratified sales contract. View our settlement agent-change sample addendum.What happens if a homebuyer doesn’t know about their right to choose...

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Learning The Lingo: Earnest Money Deposit vs. Down Payment

Written by Kimberly Gentile on 2021-09-28.

Every industry has its jargon, and real estate is no exception. Don’t worry, we’ve got you covered. Here is a quick overview of two terms you will hear or read about at some point during your house search: earnest money deposit and down payment.Earnest...

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Send EMDs Electronically and Securely Now!

Written by Federal Title on 2017-05-25.

It's official - realtors and home buyers can NOW send earnest money deposits electronically and securely to Federal Title & Escrow Company with ZOCCAM! This is a leading banking application for an Iphone or Andriod that deposits and transfers...

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A better way to deliver EMDs

Written by Federal Title on 2016-09-13.

Delivery of earnest money deposit checks is about to become incredibly easy and more secure than ever. We are excited to share with you the benefits of our new partnership with ZOCCAM, a revolutionary service that lets real estate agents...

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What is an earnest money deposit?

Written by Federal Title on 2012-03-22.

An Earnest Money Deposit, more commonly known as an EMD, is one of the first steps in the home buying process. Today I will discuss the EMD and how quickly should one be deposited. An EMD is essentially a good faith deposit to demonstrate...

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