Updated almost 6 years ago on . Most recent reply
Earnest money process question
We are going to start putting in some offers to put properties under contract for wholesaling Now that we have a good buyers list. I'm kind of confused on the process and Hoping to get some clarity.
When we find a motivated seller and agree upon a price and signing the contract, do I physically give them $100 to $500 in earnest money while I'm locking up their property for 40 days or do I give it to the lawyer office who does the title search?
I'm in Georgia so we use lawyers, not title companies.