Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply
Releasing EMD Early
Was set to close on my first house on 9/12. Seller's name on purchase agreement didn't match the name listed on the LLC and we had to have an AKA signed for underwriting which required an extension to yesterday, 9/16. This process (I'm told, by RE Agent and Loan Officer) was difficult to resolve mostly due to the seller being out of the country. Yesterday, I signed an E-Mail docusign to extend COE on 9/23 after Loan Officer and RE Agent indicated the issue had been resolved and we would have Closing Disclosure by Monday to close by Thur/Fri. I am now being asked to sign another docusign extending COE to 9/23 and additionally release EMD to seller. Any questions or advice as this doesn't seem appropriate given the situation. Maybe I'm wrong, but that's why I'm here. Thanks in advance.