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Name: 
Frederick Parker

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Used Car = Earnest Money

My state requires a consideration not earnest money. Consideration could be the service of marketing the property for a buyer within a certain period of time.

Or that consideration could be any item of value. A friend used a used car as consideration because the seller's daughter needed a car for college.

Check your state for local requirements. But you might be able to clean out your garage and get a free option payment!

Hi Frederick

Valuni's picture

What state are you from? You may want to fill out some information about yourself on your profile so that we may know where you're from, etc.

Wishing you great success on your rei journey,

Valerie

Hi Frederick!

kareng's picture

Welcome to the DG site. You will get a lot of valuable information here.

I recommend you use it wisely by reading as much as you possibly can.

Good luck.

Karen