Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

User Stats

24
Posts
2
Votes
Jay De Guzman
  • Real Estate Agent
  • New York, NY
2
Votes |
24
Posts

Rookie mistake...earnest money deposit and closing attorney left blank

Jay De Guzman
  • Real Estate Agent
  • New York, NY
Posted

Hi BP,

I recently got a property under contract but left the earnest money deposit and closing attorney lines to use blank.

They came back with it reviewed from their attorney stating he will close the transaction and requests 10% down to be held at his firms trust.  

Do I draw up a new contract with my proposed earnest money deposit($500-$1,000) and my closing attorneys information? 

Property is in Union County New Jersey. 

Any advice would be appreciated.

Loading replies...