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Updated over 10 years ago on . Most recent reply

Seller objection to small EMD?
Hi, I'm just wondering if anyone has had any experiences with a seller objecting to a small EMD, like $100? If so, what rationale do you use to explain it?
thanks!
Most Popular Reply

Are you planning to buy the property or tie it up and try to resell to someone else? I would look at $100 to be no skin in the game at all especially on something more than a $15k-$20k class property. Maybe they have heard of people not really wanting to buy the houses and walking away when they couldn't find a buyer. Personally I put up $2000 at least to show I am serious.