The EMD is a buyer’s initial deposit (1-5% of the sale price) showing commitment to the purchase. It’s typically held in escrow.
« Back to Glossary IndexEarnest money deposit (EMD)
« Back to Glossary Index
The EMD is a buyer’s initial deposit (1-5% of the sale price) showing commitment to the purchase. It’s typically held in escrow.
« Back to Glossary Index
Join our mailing list to receive the latest news and updates from our team.