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Updated over 1 year ago on . Most recent reply

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Elizabeth Chang
  • New York
14
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31
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Las Vegas EMD - what's market

Elizabeth Chang
  • New York
Posted

Hi, I'm looking to buy a SFR in Las Vegas. Purchase price around 500k. What's the typical EMD? Thank you

Most Popular Reply

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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
9,631
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

If you have the cash available, I usually offer 5% or more. It’s 100% refundable if you find a problem, why not stand out as someone who’s obviously not throwing out 10’s of offers with $1,000 here and there. It’s not even required until they accept your offer. So win win. 

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