Earnest Money Delivery
Earnest money deposits have been a part of real estate transactions in Florida for over a century. Actually, the practice of “earnest money” itself, which involves a buyer providing a deposit to indicate serious intent to purchase a property, has roots that go back even further. Earnest money deposits can be traced back to English common law, which heavily influenced American legal and business practices in the 19th and 20th centuries. In the early 1900s, as the real estate market grew in the United States, the use of earnest money deposits became more common and standardized in real estate contracts. Today, Rocket Title Services offers 3 ways to collect your earnest money deposit:
- Wire Funds to Rocket Title Services via your Bank or Financial Institution (Preferred)
- Hand Deliver a Cashier’s Check to our Office at 2114 W Columbus Dr., Tampa, FL 33607
- Electronic Money Deposit Payment (the newest option – see details below on this page)
Regardless of the option you choose, we look forward to serving you in your next Florida real estate transaction.
Wire Funds to Us Via Your Bank (Preferred)
Hand Deliver a Check to Our Office
Electronic Money Deposit Payment
Submit Your Earnest Money Deposit (EMD) Electronically
Avoid the rush to the title office within 72 hours to deposit your funds
No need to wait for wiring instructions anymore
No more visits to the bank required
How It Works
1. Initiation: Buyers can initiate their earnest money deposit through our secure online portal or by email.
2. Electronic Transfer: Funds can be transferred electronically using secure bank transfers or credit/debit cards.
3. Confirmation: Receive instant confirmation of the deposit for peace of mind.
Why Choose Electronic Delivery?
Embracing electronic delivery benefits all parties involved:
Efficiency: Streamline the process with instant delivery and reduced paperwork.
Accessibility: Conveniently manage transactions from anywhere with an internet connection.
Security: Utilize encrypted platforms for secure transactions.
Environmental Impact: Reduce paper usage and support sustainability efforts.
Get Started on Your Closing
Ready to experience a smoother real estate transaction with Rocket Title’s electronic earnest money delivery? Contact us now to learn more or to initiate your deposit electronically.