Hey,
The wife is retiring and we are moving to be near the grandkids so having to sell the homestead. We are having multiple people interested and saying they are going to get financing. We want to get earnest money from each, subject to securing third-party financing and then selling the property to the highest bidder in the end. Wondering about legality of this in the state of Texas? Any ideas?
Peace,
Richard
You can get an earnest money check from all of them with their offers. Once you accept the highest and best offer then you just give that check to your title company or agent (if your using one) and they hold it in escrow. Then you give the other checks back… 
Hey,
Thanks for the input. Figured that is how it would work. Never had a flip have as many interested as this house so never as issue before. Thanks again.
Peace,
Richard