Updated over 12 years ago on . Most recent reply
Earnest Money
Hello
I have a quick question ... How do you put down an earnest money deposit when you don't have the 5-10% they want. Is there a strategy around this?
Your help is greatly appreciated.
Most Popular Reply
stupid question: If you don't have the 5% EMD to put down, where do you expect the other 95% to come from? Financing will require 20% down minimum and cash will require, well, the remainder to be paid in cash. What do you expect to accomplish when putting in an offer and what financing do you expect to employ?