These are 100% Norma. I have always paid cash and always had an EMD required, as well as POF. I have had EMDs as low as $1000 and as high as $11,000. Obviously the lower the better, however keep in mind if you are competing with other cash buyers, the EMD becomes something the seller looks at when reviewing the offers.
POF is easy to just show the account with balance or get a letter from the bank (I've done both).
Thanks Brian! Just starting out in the real estate game as an active duty Army Officer in Germany, so it’s hard to trust “out of state” realtors that I’ve never met.
Thanks for the confirmation