The fee is meant to incentivize the seller to complete the due diligence process and provide evidence that the buyer is serious about buying the property. Put down some earnest money to prove you're committed and ready to make this your dream home.The standard NC contract also has a separate amount for earnest money which is not forfeited until due diligence closes. Sell your property fast, as-is, without using a realtor and avoid paying realtor commissions. Get your no obligation cash offer in as little as 24 hours. Earnest money is refundable. You can write in the offer contract that you would like to be refunded the earnest money before certain deadline. Real Estate Services Forms. Note: These documents must be prepared in accordance with ORC 317.114 - Standard format of instruments to be recorded. Most contracts include a due diligence deadline anywhere from seven days to two weeks after the agreement date.