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Updated over 9 years ago on . Most recent reply

Scott Gardner's profile image
Scott Gardner's profile image
Scott Gardner
  • Investor
  • from Salt Lake City, Utah
  • Member since May 28, 2015
Connect

User Stats

31
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1
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Scott Gardner's profile image
Scott Gardner's profile image
Scott Gardner
  • Investor
  • from Salt Lake City, Utah
  • Member since May 28, 2015
Connect
Scott Gardner
  • Investor
  • Salt Lake City, UT
1
Votes |
31
Posts
Starting Out

Earnest money

Scott Gardner
  • Investor
  • Salt Lake City, UT
Posted

How much should I pay for an Earnest Money Deposit? I have been told by many people that they don't pay anything or maybe up to $100. I have been told by a number of others that the absolute most they pay is $1000. The REA that is presenting the offer I am trying to put in is asking for $2000 in 4 days... I don't necessarily have a problem with paying that much other than I have never heard of anyone I know of in the business paying that much

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