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Real Estate
Reply to "Can you use earnest money towards closing costs or down payment?"
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[quote=Anonymous]We have put $15,000 as earnest money deposit (EMD) and we are moving towards closing in about a couple of weeks. The EMD is being held by our realtor's company (buyer agent). Since on the day of closing we are required to have the down payment and the closing costs in the form of a certified check (or something of that sort), is there any way to use the EMD towards this payment? Thanks[/quote]
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