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Updated over 11 years ago,

User Stats

44
Posts
5
Votes
Lashinda Winters
  • Wholesaler
  • Houston, TX
5
Votes |
44
Posts

Earnest Money

Lashinda Winters
  • Wholesaler
  • Houston, TX
Posted

Hello All,

I am a new wholesaler and have my first deal under contract. I've been contacted by someone responding to my online marketing identifying themselves as a cash offer closing in 30 days. They've seen pictures of the house but no tour of the house. They've offered full asking price but only $150 in earnest money. Should I be sceptical? Should I push for more earnest money and risk losing the deal?

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