Earnest Money

[Jaleen Anderson]

When getting a property under contract, is there anyway to get a extension date on when to have the money? Or is there any ways of getting around the earnest fee?

[Curt Davis]

Usually when you submit the contract offer to purchase you put down how many days until you have to provide the earnest money.  You could put down none but that will most likely not fly.  If your dealing with a smart seller you will not be able to avoid this.  Most earnest money is around $1,000 unless its an expensive home.  

Dont take this the wrong way but if you dont have the $1k for EM you should re-evaluate your game plan. 

Good luck