Earnest Money – we now take electronic checks! (ACH)
O’Kelley & Sorohan (OS) has set up an electronic check system for Buyers to deposit Earnest Money (EM) if there is a need for OS to hold the EM. The cost for this EM deposit option is 75 cents and can be paid at the closing of the transaction. We are hopeful that users will find this option convenient and easy to use.
To use, go to our website and you will be able to click on the “Send Earnest Money” tab. The largest amount that can be deposited is $5,000.00 in this “electronic check” option. If you have questions, please call your attorney in the chosen closing office on your contract. And remember, please be sure to send in your contract to your chosen closing office.
In the event you run into an issue with the EM option on our website, please call us and we will send a direct link to our Earnest Money site. We will only send that link in a secure email, so if anyone receives something from us regarding an email link, that is unencrypted, do not use that link!!!
Thank you everyone for your support and we hope this option is helpful to you and your customers!