Home › Forums › Closed Forums › Buying and Selling RE › Advise on making offer on short sale › I didn’t know you put earnest
I didn’t know you put earnest money on short sale offers – especially back up offers – until the bank accepted them.
I thought short sales were “fire and forget” since the process takes so long and is non-binding until the bank accepts it.
(I can see having a deposit required after the bank approves your offer.)