Wholesale Earnest Money clause
Does anyone have a good clause to get your earnest money back when you don't end up buying an REO property from an agent. I would want to get my EM back just in case I don't find a buyer for the property. Also whats another good clause I would need to get out of the agreement? I want to do some wholesale type deals by buying the REO property first then finding a buyer. I figure once I have a property then I can build my buyers list so they'll know I'm serious. Its hard to build a buyers list when you have no properties to sell.