Updated about 9 years ago on . Most recent reply
Fannie EMD
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