hud

hud
Earnest Money Procedures on Line Item #12. This line pertains to the procedures and rights HUD retains to your EMD when your buyer fails to perform. The most confusing part is that there are two lines on which require initials and those lines are right next to one another. Often, if there are two purchasers on the contract an agent will have one buyer initial one line and the other on the following line to the right.