Have you ever wondered what happens to the earnest money deposit when residential transactions fail to close? The answer is found in a piece of legislation created by the State of Washington called the Interpleader. Intending to resolve uncertainties surrounding the proper disposition of earnest money deposits, this process was clarified for SeattlebyDesign, by one of our favorite Title & Escrow companies, and we felt obliged to share it with you. Note that earnest money can be held by title companies, escrow agents, and real estate licensees.
Let’s visit PALM SPRINGS with Realtor and Principal to Team LANGE BLEA, Marc Lange! Marc is a 17-year real estate veteran and Top Producing Agent in the Coachella Valley, a favorite destination for Pacific Northwesterners. He co-leads a skilled team that has represented no fewer than 84 transaction in the last 12-months. Marc’s 15-year hospitality background is well-evidenced by a 4.9 client rating across an astonishing 185 Zillow reviews! If you’re thinking about a second home in Palm Springs or perhaps relocating and spending summers back in Seattle, Marc is definitely someone you should schedule some time with and it would be our pleasure to introduce you. 
