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Reply to "Earnest money in MD - where do buyers come up with 5-10% before selling their previous home?"
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[quote=Anonymous]OP again. Thanks to everyone for your responses, it was so helpful. I went back to our realtor and confirmed that 3-5% is more in line with what's customary in our price range and market situation. Frankly, this makes a lot more sense to me, although I'm not sure I'd do 5% unless I really thought it would make the difference in getting the house. That is a lot of money. Anyway, thanks again.[/quote]
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