If the home seller rejects an offer after accepting earnest money,he or she must return the earnest money to the potential buyer.

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If a home seller rejects an offer after accepting earnest money, they are required to return it to the potential buyer as part of the deal falling apart. The earnest money is typically held in escrow until the sale is complete, at which point it is applied to the down payment or closing costs. If the sale does not go through, the earnest money is returned to the buyer.

If the Home Seller Rejects an Offer After Accepting Earnest