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Updated about 9 years ago,
Ernest Money
Hi guys i have a question about Ernest money? My realtor send me MLS listings for distress properties some are active others are reo properties. So i wanna make offers but i'm not sure if for every offer i put in i need Ernest money also i know i need POF letter, but my main concern is that i don't know how the E.M works. so if i get a offer accepted does the E.M Check get cashed or ??? please help