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Updated over 4 years ago,

User Stats

68
Posts
11
Votes
Deonte Palmer
  • Flipper/Rehabber
  • Chicago, IL
11
Votes |
68
Posts

Earnest money deposit problems with buyer

Deonte Palmer
  • Flipper/Rehabber
  • Chicago, IL
Posted

I've been dealing with buyers that are saying that a 3k earnest deposit on a deal with a 107k purchase price with a 200k ARV. Is this usual cause my train of thought is that if you are serious about buying it shouldn't matter. (The buyer has done a walkthrough if the property already) Or is it something I am missing about this. I'm also in the process of getting my brokers license so any help on that would be nice to.

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