Posted by RC on February 27, 2002 at 22:35:30:
I would think not - when I look at offers the earnest money is the least of my concerns because there are too many loopholes to consider it an asset (meaning the buyer has too many ways of getting it back) To my knowkedge there has never been any study to determine the psychlogical effects. It all comes down to the bottom line - that’s what’s important. The deal I just closed on today had $0 earnest money.