Earnest Money Deposit Explained: Understanding the Keys to Successful Real Estate Transactions

Описание к видео Earnest Money Deposit Explained: Understanding the Keys to Successful Real Estate Transactions

Welcome to my video on the Earnest Money Deposit, or EMD. I created this series because I found that I was always answering the same questions when talking with new buyers and sellers.

The earnest money deposit is a key piece to the transaction and can be used in many different ways. As a buyer you can use it as leverage to make your offer stand out. As a seller you can take solace knowing that if your buyer decides to cancel the contract after their due diligence, you'll most likely be compensated for the time your property was off market.

I'd love to hear from you! What questions do you have about the home sales or purchase process? Let me know and I'll be happy to make a video answering your question!

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