Sorry for the newbie question, but I never did understand what the earnest money deposit was for when doing assignment deals. So if anyone can clear that up for me then that'll be great. Thanks.
P.S. And try to be as specific as possible when answering the question, because I am a slow learner, and some times can't understand if you jump too far ahead on a subject. So take it step by step and just be understandable is all I ask lol.
"Open minds backed by knowledge, wisdom, persistence, and determination equals unstoppable excellence"