Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Earnest Money in Assignment Contract
I got a contract and put down $100 earnest money and $50 option money. I assigned the contract for $1000 paid directly to me. Should the earnest and option money get reimbursed to me at closing or does it get credited to the end buyer? (If it’s credited to the end buyer, then I really only made $850).