There seems to be some confusion around Earnest Money Deposits. Also called EMD or Good Faith Money.
Some questions I've received include...
What is good faith money?
Where does good faith money go?
What does good faith money mean?
Do you get good faith money back?
So I thought I'd answer these questions in a video...
If you have any other questions about Earnest Money, give me a call at 202.271.5301.
So very true. And if they read a real estate book, they aren't learning the local norms. Best to ask questions and get answers.