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Updated almost 11 years ago on . Most recent reply

User Stats

90
Posts
26
Votes
Jesse Andrews
  • Investor and Licensed Agent
  • Glocester, RI
26
Votes |
90
Posts

Seller wants Earnest Money

Jesse Andrews
  • Investor and Licensed Agent
  • Glocester, RI
Posted

Hey All-

Met with a motivated seller last night, and it seems a go! The numbers are going to work, and I am ALMOST in contract with my first deal.

The seller is an ex- RE agent, and wants "good faith" earnest money.

How would you all go about this? Pay 1k out of pocket (making sure my 10 day inspection period is solid)

Not too sure what to say/do or how to respond.

Any information will be appreciated!

thanks

Jesse

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