Wholesaling OnMarket EMD and Escrow

[Kimberlyn L Moultrie]

I have a property under contract and am planning to wholesale and double close. I'm still looking for an end buyer but want to make sure I understand the process before I submit EMD..

Once I have an end buyer, their non refundable deposit will replace my EMD, and my EMD will be refunded to me.

Let’s say I don’t find an end buyer and terminate the agent’s agreement  before the end of the inspection period.. according to the contract my deposit will be refunded. Will there be any fees associated with title company??