Asked by Alex, Los Angeles County, CA • Wed Nov 6, 2013
If I give EMD to escrow company with a check, can it be post dated till the day contingencies are removed? Or can I request them to hold the check(and not deposit in bank) till contingencies are removed? I am newbie so just learning all this. Can escrow under any situation not return deposit if we decide to back out within our contingency period? As seller is going to pick the escrow company for the transaction so not sure if that is good or a bad thing. Hence I want to protect EMD.
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