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Message: <blockquote data-quote="eyexer" data-source="post: 181026" data-attributes="member: 315"><p>I'm guessing he has a buyer already, possibly from out of town that doesn't even know the purchase price your asking.  He will buy it and have it sold before he even buys it.  The 6% and 5K will cover his down payment for his extremely short term financing and the 5K will cover closing costs.  Lots of difference scenarios could be behind this.  I would call his bluff by requiring 5K in earnest money paid to you and not ran through escrow therefore if he backs out or something falls through on his end you get 5K.  If you put it in escrow you'll never see it because he is smart enough to have something in the PA that will allow him to opt out and not loose his earnest money.  But if he gives it to you it's yours.</p></blockquote><p></p>

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