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Updated over 12 years ago on . Most recent reply

Jerry Kisasonak's profile image
Jerry Kisasonak's profile image
Jerry Kisasonak
  • Residential Real Estate Agent
  • from Mc Keesport, Pennsylvania
  • Member since May 14, 2012
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449
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Jerry Kisasonak's profile image
Jerry Kisasonak's profile image
Jerry Kisasonak
  • Residential Real Estate Agent
  • from Mc Keesport, Pennsylvania
  • Member since May 14, 2012
Connect
Jerry Kisasonak
  • Residential Real Estate Agent
  • Mc Keesport, PA
153
Votes |
449
Posts
Wholesaling

Who gets the earnest money deposit when dealing with FSBO's, the seller or the title company?

Jerry Kisasonak
  • Residential Real Estate Agent
  • Mc Keesport, PA
Posted

I see many wholesalers just giving the seller a $10-$100 cash deposit, but many of the contracts state that the deposit money is to be held by the title company / closing attorney. I'm going on my first wholesale appointment tomorrow so this is kind of important to me right now!

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