Homepath Cash Offer 100% Earnest Deposit

[Bob Ebaugh]

I just had an offer countered by Homepath for a property on the market now for 3 months where they want the full purchase price as an earnest deposit. Anyone else seen that? While it looks to be in pretty good shape, I'm a little hesitant since inspections might find something unknown. And also concerned after that that there could be delays closing. Hmmm...

[Phil Z.]

I guess that settles it. Otherwise I was going to say that maybe you were in a bidding war with another offer that had a full price deposit.