All About the Earnest Money Process in our office –

24 Hour Title

Automated notifications when funds are deposited into our trust account and posted to the closing file (and signed EMD acknowledgement for your records).

As we receive Earnest Money Deposits (EMD), funds are posted to our software, in a specific ledger that we have created just for your closing!

Receiving EMD is considered a “milestone” for your closing. Once we receive the funds on our end, this milestone is marked as “completed” in our system and we automatically sign the EMD acknowledgement (Page 15) of the purchase contract. This information is then posted to our online portal and email notifications are automatically sent to Realtors, lenders, buyers and sellers. Our online portal will also provide all of the approved parties to the transaction with access to download the SIGNED EMD acknowledgement (along with other documents after closing).

Important: if we receive the EMD prior to receiving the purchase contract, then the file has not yet been created in our system, and we are unable to post the EMD to your dedicated closing ledger. The trust account is reconciled on a daily basis and all incoming credits must be accounted for. Therefore, we must post the funds to a miscellaneous ledger while we wait to receive the purchase contract. Once we have the purchase contract, and the file is setup in our system, and we can then transfer the funds to the correct ledger to apply towards closing.

If you have not received the email notification that the EMD milestone has been completed, and you would like to inquire about whether or not we have received EMD for an in-process file, then send an email to: [email protected].

In this email, you must include the following information for us to confirm this information for you:

1. METHOD of EMD Transfer. Was it a wire, did you mail a check, did you use https://24hourtitle.paymints.io?

2. AMOUNT of EMD

3. DATE of transfer

Once we have these above 3 details, EMD funds can be located in our trust account (if we have them) within a nanosecond and we can respond to your inquiry promptly.

For more information about how to get your EMD to us, click here

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What Our Customers Are Saying

    
 
 
        
   Kaila Ramos 
 2021-11-12
 
 
  Great environment, professional and nice people, clean and beautiful office set up. They care about their clients. The best real estate company I have ever dealt with. Highly recommend!
  
 
       
   Aaron Caddel 
 2021-10-20
 
 
  When nothing goes as planned with your closing, 24hr Title manages to still get it all done seamlessly.
  
 
       
   Danica West 
 2021-09-30
 
 
  Love working with Harry and Melissa!!! They are always so prompt and professional. They go out of their way for their customers. Lucky to call them colleagues and friends!
  
 
       
   Curtis Waters 
 2021-09-30
 
 
  I use 24 Hour Title for personal & client closings.  They have streamlined their technology for earnest money deposits, authorizations, and info sheets.  They are the go-to firm for both investors & homeowners, and able to tackle needs for difficult titles or quick closings.  Harry Marsh, Kaitlin Rush, Amanda Phillips and the rest of their team make the closing process seamless!
  
 
       
   Tranquil Realty 
 2021-09-30
 
 
  I have probably closed a dozen or more deals with Harry Marsh Law/ 24 Hour Title. They have always been great. Many of the deals we do are complicated and previous attorneys always made mistakes. 24 Hour Title is extremely detail oriented and used to the difficulties and intricacies of our complicated deals. I highly recommend them!
  
 
       
   Megan coon 
 2021-09-27
 
 
  100% recommend using 24 Hour Title as your closing attorney! I was very impressed with how responsive they are, including the Attorney himself. Their team is willing to go above and beyond to help you through the process from start to finish! If you’re looking for a closing attorney in the area, I highly recommend this one- you will not be disappointed!
  
 
       
   Julie Butt 
 2021-09-26
 
 
  Hands down, 24 Hour Title is the best in the Real Estate business. They cater to all of your needs with efficiency, professionalism and quickly. If you're looking for an A-1 go to Real Estate Attorney, look no further.... 24 Hour Title all. The. Way!
  
 
       
   Wilson Borabo 
 2021-09-25
 
 
  If you're looking for the best and prettiest paralegals in NC County, you're on the right company! I've had an Ez Smooth transaction with them. Definitely recommend these guys. for me 5stars is not enough to describe their service.
  
 
       
   Melissa Francis 
 2021-09-24
 
 
  Harry Marsh is hands down the best attorney I have ever worked with! His patience and knowledge is just amazing! The team he and Kaitlin have built are the best around! They have slid into the new technologies and have streamlined the closing process to a tee!!
  
 
       
   Kristin Baker 
 2021-09-24
 
 
  When picking a closing attorney you have many options..but when you see a gargoyle on the roof what more could you ask for?! 24 hour title is wonderful to close with! They go above and beyond for their clients and are always very helpful. I would recommend them to anyone! Thank you guys for all you do and making this process so smooth and easy!
  
 
  
  
 
 
   Google rating score: 5.0 of 5, based on 14 reviews