Is earnest money/deposit necessary to put on the short-sale contract if I am doing the negotiating and buying the property myself? Do they really care if you just don’t put it or if you put $100. I mean I could put $1000 but really there are no other parties involved at that point so nobody would actually be holding that $1000 so I’m wondering if it even matters.
I can’t think of any short sales in which I have agreed to put earnest money down. My point of view is if they want any money they can accept my short sale offer. They accept and I pay, they don’t accept I’m not taking any chances.
Good Luck! :beer