Earnest Money Deposit (EMD) In A Real Estate Contract
The amount of the EMD should be discussed with your real estate agent. As a seller, this can be an important consideration to prevent a buyer from walking away from the contract. For a buyer, the “good faith” deposit amount confirms to the seller your intent to complete the transaction. What is an Ernest Money
Search
Categories
Archives
Recent Posts
Recent Posts- Recording Procedures (VA)
- WHAT IS A TENANTS ASSERTION
- ATTENTION VIRGINIA HOME BUYERS AND SELLERS – NEW LAW REQUIRES SELLERS TO DISCLOSE RISK OF FLOODING TO PROPERTY
- ARE YOU BUYING A NEW HOME? DEMYSTIFYING THE RESIDENTIAL HOME PURCHASE CLOSING PROCESS IN VIRGINIA
- BUSINESS PARTNERSHIP LAWSUITS – DISPUTES BETWEEN LLC MEMBERS, SHAREHOLDERS, GENERAL PARTNERS OR LIMITED PARTNERS
