"Real Estate Exam Question Review: Earnest Money Credit Confusion?"

Are you preparing for your real estate exam? In this episode, we break down a recently seen exam question about how earnest money is credited at closing. Understanding how earnest money applies to the final settlement statement is crucial for passing your test and succeeding in real estate transactions. Tune in as we simplify the concept, walk through an example, and give you the tips you need to ace this topic on exam day.