Do sellers increase EMD for out of state or country buyers?
Made an offer for a property in Sanford yesterday and the seller countered which was expected. However, he also disclosed that he is a licensed agent and said he would put that in an amended offer/contract. We're not thinking this is a big deal. However, he also asked to increase the escrow deposit from $2k to $5k.
I'm assuming he wants to increase it because the PoF I provided is in a foreign currency. Is this a normal occurrence, has anyone here had a similar experience? I don't really have much of an issue increasing the EMD since I'll transfer those funds from my FL bank and the bank charges the same, but I thought it was a bit of an odd confluence of events.