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Updated about 8 years ago,

David Gunn's profile image
David Gunn's profile image
David Gunn
  • from Indianapolis, IN
  • Member since Mar 23, 2015
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22
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8
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David Gunn's profile image
David Gunn's profile image
David Gunn
  • from Indianapolis, IN
  • Member since Mar 23, 2015
Connect
David Gunn
  • Indianapolis, IN
8
Votes |
22
Posts
Wholesaling

Is $2,000 Non-Refundable Earnest Money Deposit (EMD) Normal?

David Gunn
  • Indianapolis, IN
Posted

I've got a seller who is asking for $2,000 Non-refundable EMD. I'm new at the buying game and would like to know if this is standard. When I do my due diligence and find out that the property is not a good value for me then wouldn't I be out $2K?

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