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Reply to "Making Earnest Money Deposit Stick (and Mean Something)"
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[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] That's a little different. You still had contingencies and you exercised one, even if it was a pretext for a different issue. That's not the same as backing out after contingencies have expired.[/quote]
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