October 2021

Seller Credits

Understanding Seller Credits

Table of Contents Understanding Seller Credits Seller Credits are funds that the seller contributes to the buyers side of the transaction at settlement. These funds can be used to cover closing costs, pay for repairs and assist you in other areas based on lender approval.  This discussion is going to cover: An overview of seller credits  Seller credit scenarios Seller credit...

what is emd in real estate

What is EMD in Real Estate? What You Need to Know

Table of Contents Earnest Money Deposit (EMD) An earnest money deposit (EMD) is a crucial piece of the homebuying process that will help you reach your real estate goals when used effectively.  If you’re looking to make an offer on a home and want to help assure the seller that you’re serious about putting in an offer, understanding what EMD is in real estate is necessary.  This...

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