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Updated almost 12 years ago on . Most recent reply

Gary Mariencheck's profile image
Gary Mariencheck's profile image
Gary Mariencheck
  • from Horn Lake, Mississippi
  • Member since May 5, 2013
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Gary Mariencheck's profile image
Gary Mariencheck's profile image
Gary Mariencheck
  • from Horn Lake, Mississippi
  • Member since May 5, 2013
Connect
Gary Mariencheck
  • Horn Lake, MS
3
Votes |
31
Posts
Wholesaling

Earnest money on contract.. Need correct info

Gary Mariencheck
  • Horn Lake, MS
Posted

I'm getting conflicting information on earnest money down for getting a property under contract. I'm told that 10% EM is the standard in TN and that you have to prove funding before you lock a house under contract. Is this correct info or am I being mislead or possibly misunderstood?

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