How EMD Works
Simple, transparent, and secure earnest money deposits
Find Deals You Love
Browse through our AI powered selection of properties and discover the perfect deal that matches your investment goals.
Submit Refundable EMD to Offa
Secure your offer with a refundable earnest money deposit. Your funds are protected during the due diligence period.
Send Nonrefundable EMD to Title/Escrow
Once you're ready to commit, convert to a nonrefundable deposit and finalize your purchase with confidence.
FAQ
Everything you need to know about EMD
All EMD minimums are $5,000. This standard amount ensures serious commitment from buyers while remaining accessible for most real estate transactions.
EMD is 100% refundable before it's sent to the Seller. Once you submit the refundable EMD, you have time to complete your due diligence. After you're satisfied and convert it to nonrefundable, it can no longer be returned.
EMD proves to sellers that you are serious, and gains you additional chat access with the seller. This direct communication helps you get answers faster and build a stronger relationship during the transaction process.
Nonrefundable EMD is never sent to the seller, it is sent to the Title company named in the transaction. This ensures your funds are held securely by a neutral third party until closing.
Once Nonrefundable EMD is accepted by the Seller, it cannot be returned. However, while your EMD is still in the refundable stage, you can withdraw your offer and receive a full refund if you decide not to proceed with the purchase.