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Updated almost 9 years ago on .

Cesar Sagastume's profile image
Cesar Sagastume's profile image
Cesar Sagastume
  • from Orlando, Florida
  • Member since Dec 2, 2015
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Cesar Sagastume's profile image
Cesar Sagastume's profile image
Cesar Sagastume
  • from Orlando, Florida
  • Member since Dec 2, 2015
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Cesar Sagastume
  • Orlando, FL
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Buying & Selling Real Estate

Earnest money for wholesale deals

Cesar Sagastume
  • Orlando, FL
Posted

On a private seller deal, how does the earnest money get processed when it comes to closing? Or rather, where does the deposit go to if the title company is holding it from the 1st side HUD to the 2nd side HUD? Is the private seller getting the earnest money at closing, or is the original buyer from the 1st side receiving it?

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