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Updated over 2 years ago,

Terry N.'s profile image
Terry N.'s profile image
Terry N.
Pro Member
  • Architect
  • from Raleigh, NC and Mid Michigan
  • Member since Aug 16, 2014
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User Stats

102
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15
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Terry N.'s profile image
Terry N.'s profile image
Terry N.
Pro Member
  • Architect
  • from Raleigh, NC and Mid Michigan
  • Member since Aug 16, 2014
Connect
Terry N.
Pro Member
  • Architect
  • Raleigh, NC and Mid Michigan
15
Votes |
102
Posts
Real Estate Deal Analysis & Advice

Earnest money in due diligence. Non refundable?

Terry N.
Pro Member
  • Architect
  • Raleigh, NC and Mid Michigan
Posted

Got this response from a seller.  Does this sound reasonable?

“…seller accepted most of the initial terms of the offer, but requested the earnest money be $3500 in due diligence (non refundable) and $1500 in earnest money.”

what would your response be? 
totally rehabbed place with a one year warranty.  

  • Terry N.
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