Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

6
Posts
0
Votes
Andrew Jacobson
  • Investor
  • Dallas, TX
0
Votes |
6
Posts

Wire earnest money before contract is executed

Andrew Jacobson
  • Investor
  • Dallas, TX
Posted

I had an offer "accepted." It is an REO that went into multiple offers and they have accepted my offer. The listing agent asked me to sign their contract documents, which is fine. They have asked me to submit the contract with receipt of deposited earnest money at which point they will have the sellers sign and send me the executed contract?

Anyone heard of sending earnest money before receiving an executed contract?

Loading replies...