13h • ❓ Questions
EMD Timing Question
When a deal needs TFH EMD funding, what’s the recommended best practice for the EMD deadline? Standard CA RE forms default to 3 business days. Might be different in other states.
How much time does TFH ideally need after signed PSA to review, approve, and fund cleanly... so it's not a RUSH job?
Also, on the inspection/due diligence side, I’m thinking minimum 10 business days, ideally 15, so there’s enough time to validate/dispo the deal before EMD is ever at risk.
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EMD Timing Question
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