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Real Estate
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]I agree w PPs. Big EMD indicates interest and ability to buy, but you can also LOSE the EMD if you back out of the purchase. So only give EMD that you CAN live without in case you lose it. (Very rarely, but last minute inspections can surprise you and with the contracts lately, sometimes you can't escape it).[/quote]
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