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Updated over 16 years ago on . Most recent reply

Greg P.'s profile image
Greg P.'s profile image
Greg P.
  • from Los Angeles, California
  • Member since Feb 11, 2009

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Greg P.'s profile image
Greg P.'s profile image
Greg P.
  • from Los Angeles, California
  • Member since Feb 11, 2009
Greg P.
  • Los Angeles, CA
50
Votes |
717
Posts
Wholesaling

$3,000 Earnest money on REO's?

Greg P.
  • Los Angeles, CA
Posted

Hi everyone. I just spoke to a realtor and he said if you wanted to make a offer on a REO it would be $3,000 or 20% for a earnest money deposit whichever is higher. Is this heard of? Sounds high.. THanks

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