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John McAuley
  • Investor
  • Oxford, NC
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39
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Fannie EMD

John McAuley
  • Investor
  • Oxford, NC
Posted Oct 11 2016, 20:29

I've read a few things in past forum posts suggesting that the EMD won't be returned to an investor on a Fannie property. Is that truly the case? We are under contract on a Fannie property and our due diligence period is about to expire. We may pull out of the deal by end of week but I was wondering about the EMD. We put $1000 EMD and of course asked for the due diligence period for inspections, etc.. Thanks for the help.

John

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