When you are buying or selling rural land in Alabama or Mississippi it is helpful to understand what Earnest Money is and how it works. You are in the process of negotiating an acceptable purchase price or sales price on a piece of land, and while completing the contract there will inevitably be a question about how much earnest money is deposited. What is Earnest Money? This is a demonstration in good faith of the sincerity of the purchaser to follow through Read more…