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Updated over 11 years ago,

Louise Whidby's profile image
Louise Whidby's profile image
Louise Whidby
  • from Wilmington, North Carolina
  • Member since Nov 17, 2011
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160
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1
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Louise Whidby's profile image
Louise Whidby's profile image
Louise Whidby
  • from Wilmington, North Carolina
  • Member since Nov 17, 2011
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Louise Whidby
  • Wilmington, NC
1
Votes |
160
Posts
Starting Out

Banks not requiring EMD for Short Sales

Louise Whidby
  • Wilmington, NC
Posted
I was planning on putting in an offer on a Short Sale property as a wholesaler. I have Buyers very interested. The banks DO NOT require an EMD, yet the Realtor is asking for earnest money. Why is this? I am trying to understand.
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