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Updated over 1 year ago on . Most recent reply

Elizabeth Chang's profile image
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Elizabeth Chang
  • from New York
  • Member since Jul 12, 2018
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Elizabeth Chang's profile image
Elizabeth Chang's profile image
Elizabeth Chang
  • from New York
  • Member since Jul 12, 2018
Connect
Elizabeth Chang
  • New York
14
Votes |
31
Posts
Las Vegas Real Estate Forum

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

Las Vegas, Nevada
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Bill B.'s profile image
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Bill B.
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Bill B.'s profile image
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Bill B.#2 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Las Vegas, NV
9,507
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Bill B.#2 Real Estate Deal Analysis & Advice 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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