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Buying & Selling Real Estate

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Tony Marcelle
  • Bessemer, AL
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581
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Can I use earnest money deposit as leverage?

Tony Marcelle
  • Bessemer, AL
Posted Sep 22 2018, 07:12

If I was to buy a house from someone who is asking for too much earnest deposit, could I lower my offer price to make up for the bigger earnest money deposit? Could I not just increase earnest money deposit from the next buyer buying from me? That is why I never liked buying from other investors or bank owned properties that charge too much in earnest money deposits.

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