by Ashland Auction Group Staff | Jan 17, 2021 | Buyers, Preparing for an Auction
Preparing for an As-Is Sale Auction Sale What is a contingency in real estate? A contingency in real estate is a clause that accounts for a specific circumstance or event and stipulates what may happen as a result of that unforeseen occurrence. Since public auction...
by Ashland Auction Group Staff | Jan 17, 2021 | Buyers, Preparing for an Auction
What is an EMD? What is an Earnest Money Deposit (EMD)? An earnest money deposit is an amount of money that you present with an offer to purchase a property to show your good faith. The amount may vary, but it is usually a fixed amount or a percentage of the purchase...
