How many days is a buyer allowed to deliver earnest money after an offer is accepted?

A buyer is required to deliver earnest money within three days after their offer is accepted. This timeline is a crucial part of real estate transactions, as it demonstrates the buyer's seriousness about purchasing the property. The earnest money acts as a deposit that signals the buyer’s commitment to follow through on their offer.

This three-day period is designed to maintain momentum in the transaction and helps protect the interests of the seller. It ensures that the seller isn't left waiting indefinitely for an indication of the buyer's intent, which might delay the closing process or other prospective offers.

Understanding this timeframe is vital for anyone involved in real estate transactions, as adhering to it can prevent unnecessary complications and foster a smoother negotiation and closing process.