Earnest Money over $5,000
Any earnest money to be held by Maximum
One that is OVER $5,000 must be in the form of certified funds or must be wired
directly to Maximum One's escrow account
Earnest Money Checks Dishonored by Bank
If your client/customer's earnest money
check is dishonored by the bank, we will contact you first & then send
notice to the Buyer & Seller per the contract on which your agreement is
written. There is a $35 fee for the
returned check that we will put on your agent account which you may collect
from your client/customer. Replacement
funds for dishonored earnest money checks MUST be in the form of certified
funds or wire transfers to the Maximum One Escrow account.
MX1 Wiring Instructions
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ABA # 061000104
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SunTrust Main Address:
SunTrust Bank
25 Park Place
Atlanta, GA 30303
·
Maximum One Address:
Maximum One Realty
Greater Atlanta
5041 Dallas Highway, Bldg #700
Powder Springs, GA
30127
·
MX1 SunTrust Escrow Account Numbers: Make sure you use the proper account number
MXGA (NON-Realtor):
1000054277438
MXGR (Realtor):
1000101878063
·
Fees for Wire Transfers: These fees will be charged to your account so
be sure & collect them from your client/customer
$15 for domestic
$30 for International
PLUS $5 for written notification from bank
which is REQUIRED
Remote Earnest Money Deposits
You may deposit earnest money at any
Suntrust Bank. See the specific
procedures on “Remote Earnest Money Deposit”
Personal Checks
Maximum One holds personal checks for
10 business days. If you have a closing
within 10 days of turning in the earnest money, make sure that earnest money is
in certified funds.
