Buyers will occasionally face temporary liquidity which prevents them from tying up and securing a property with a contract. Some of the reasons might include the following:
This earnest money deposit program gives buyers the control they need to compete in today’s fiercely competitive real estate market without the risk of losing a deal due to a temporary lack of liquidity. It is structured as a real estate option similar to a stock option, giving the buyer the right, but not the obligation, to buy (call) the property at an agreed upon price within the due diligence period.
This program requires a minimum earnest deposit of $500K.
Earnest Deposit Money Program