Buyers walk into your home in your area and fall in love with it. There is one problem--they will have to sell their home before they can buy yours. Their offer contains a contingency clause which makes the purchase dependent upon selling their present home. Should you accept such an offer?
Your decision should be based on several factors. Is their home being professionally marketed at this time, or are they trying to sell it themselves (a risky proposition!)? How long has it been on the market? Is it overpriced? If the house doesn't sell, can the buyers take out a bridge loan or make other arrangements to get to the closing table? How important is timing for you? Will the buyers agree to let you continue marketing your home and accept a non-contingent contract (and void theirs) if their house does not sell? Contingent contracts often work out well, but you need the help of a professional to weigh the pros and cons.
Where would you go to enjoy a soak in the world's largest bathtub?
A
The Spa Resort Hawaiians in Fukushima, Japan, offers an outdoor soaking tub that occupies a total area of 10,760 square feet and can accommodate 1,500 persons at one time.
I was born and raised in Bellefontaine, Ohio. I've been in the real estate business for over 25 years and formed Royer Realty in 1988, specializing in residential real estate throughout Logan County and surrounding areas.
www.RoyerRealty.com
is brought to you by Dava Royer, real estate for
Bellefontaine, West Liberty and Logan County, Ohio
- NUMBER1EXPERT 
