Valued Contributor
Posts: 1,115
Registered: ‎10-31-2011
Re: Question on earnest money amount in CA

Keg2012 wrote:
We just got a response from the seller, they are now asking 520k! The house has been on the market 50 days, there was no open house over the weekend and they said they got multiple offers, total bs! We are NOT paying more than asking (499). I just can't believe it!

this would be a good situation to walk away if you didnt want to deal with it BUT if you did have the funds and settled on a quick close with 0 money down, seller paying closing cost, and if the accept a reasonable offer you will get the earnest money back at closing