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Real Estate
Reply to "Making Earnest Money Deposit Stick (and Mean Something)"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I've never actually deposited my EMDs. I just wrote a check and they scanned it- the money never left my account. I think EMDs are fake. I did breach contract once and 100% got my EMD back. I lost my job the day after we put in a contract on a house in Falls Church. We used the HOA doc clause to get out of the contract even though nothing was wrong with the HOA docs. My realtor said a lot of people use the inspection clause too to get out. [/quote] What are you talking about, you don't control whether your EMD check gets deposited by the title company? (saying "I've never actually deposited my EMDs" makes no sense - you can't just pretend to make an EMD)[/quote] The title company made a copy of my check, but the money never left my account. I've bought 2 houses within the past 3 years. I wasn't pretending to pay, the money was there if they wanted to cash the check. [/quote]
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