all offers are to be uploaded into REOCentral for review & approval cash offers require 10 percent EMD or $1000 minimum whichever is greater all financed offer require 1 percent EMD whichever is greater once offer is approved agent will have 72 hrs to upload STATE PROMULGATED CONTRACT & APPLICABLE ADDENDUMS buyer is required to submit their EMD to the seller's TITLE COMPANY within 48 hrs of the seller executed contract EMD is to be payable to SELLERS TITLE COMPANY unless state or local ordinance dictates otherwise buyer winning the highest & best must understand that they participated in a highest & best multiple offer situation & that any requests to the seller for special concessions repairs or switch in financing could result in seller terminating & retaining buyers EMD
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