Buying real estate is a costly endeavor, both in terms of money and time. During the purchasing process, it is not uncommon to face competition from other buyers. When this happens, a seller may demand that you show your commitment to buying the property by providing a deposit. While this deposit could help separate you from the pack of buyers, it is never a good idea to give cash to a prospective seller. And that is assuming you can even come up with that amount of cash in time.

In such cases, you may wish to offer an earnest money promissory note as evidence of your good faith to purchase the property. The promissory note will detail the amount of your earnest money deposit, which is essentially money put up by a potential buyer to show that they are seriously interested in making the purchase. The money is usually paid within 24-48 hours after the offer is accepted, and is held by a third party or escrow company until the deal is completed.

There are many factors to take into consideration when it comes to using an earnest money promissory note. These factors are discussed in detail in EQTax's Earnest Money Promissory Note package. The sample document and instructions will help you customize and complete your earnest money promissory note, and get you well on your way to purchasing the property.

It's not uncommon for business owners to borrow money from less formal sources, like friends, colleagues, and relatives. If you're looking to do that, a promissory note may be your best option so that everyone feels comfortable with the arrangement. We created a simple promissory note form (amortized payments) to make the process easy.

To stay afloat, businesses often must borrow money from less formal sources, like friends, colleagues and relatives. When that time comes, a promissory note may be your best option to secure a loan. EQTax has created a Secured Promissory Note (Demand) to make the process easier than ever.

To stay afloat, businesses often must borrow money from less formal sources, like friends, colleagues and relatives. When that time comes, a promissory note may be your best option to secure a loan. EQTax has created a Secured Promissory Note (Installment with Balloon Final Payment) to make the process easier than ever.

To stay afloat, businesses often must borrow money from less formal sources, like friends, colleagues and relatives. When that time comes, a promissory note may be your best option to secure a loan. EQTax has created a Secured Promissory Note (Interest-Only with Balloon Final Payment) to make the process easier than ever.

To stay afloat, businesses often must borrow money from less formal sources, like friends, colleagues and relatives. When that time comes, a promissory note may be your best option to secure a loan. EQTax has created a Secured Promissory Note (Lump-Sum Payment) to make the process easier than ever.

To stay afloat, businesses often must borrow money from less formal sources, like friends, colleagues and relatives. When that time comes, a promissory note may be your best option to secure a loan. EQTax has created a Unsecured Promissory Note (Amortized Payments) to make the process easier than ever.

To stay afloat, businesses often must borrow money from less formal sources, like friends, colleagues and relatives. When that time comes, a promissory note may be your best option to secure a loan. EQTax has created a Unsecured Promissory Note (Demand) to make the process easier than ever.

To stay afloat, businesses often must borrow money from less formal sources, like friends, colleagues and relatives. When that time comes, a promissory note may be your best option to secure a loan. EQTax has created a Unsecured Promissory Note (Installment with Balloon Final Payment) to make the process easier than ever.

To stay afloat, businesses often must borrow money from less formal sources, like friends, colleagues and relatives. When that time comes, a promissory note may be your best option to secure a loan. EQTax has created an Unsecured Promissory Note (Interest-Only with Balloon Final Payment) to make the process easier than ever.

To stay afloat, businesses often must borrow money from less formal sources, like friends, colleagues and relatives. When that time comes, a promissory note may be your best option to secure a loan. EQTax has created an Unsecured Promissory Note (Lump-Sum Payment) to make the process easier than ever.

Because the end of an agreement is just as important as the beginning, it is important to have a clean break once a note has been paid off. EQTax has created a Release of Promissory Note that will give you peace of mind at the end of a loan arrangement.