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Updated over 9 years ago, 08/31/2015

Robert B.'s profile image
Robert B.'s profile image
Robert B.
  • Investor
  • from Upstate, New York
  • Member since Aug 18, 2015
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User Stats

8
Posts
1
Votes
Robert B.'s profile image
Robert B.'s profile image
Robert B.
  • Investor
  • from Upstate, New York
  • Member since Aug 18, 2015
Connect
Robert B.
  • Investor
  • Upstate, NY
1
Votes |
8
Posts
Foreclosures

100% as Earnest Money Deposit

Robert B.
  • Investor
  • Upstate, NY
Posted

Hi,

I just put a cash offer on a foreclosure that was listed last night. It's a good deal and I'm first in line. However, the seller countered my offer demanding 100% earnest money deposit.

Is that normal...?

Thanks,

Robert

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