The buyer contingency is when a buyer needs to sell home A in order to purchase home B. The great thing about a buyer contingency is that it is “pro-buyer,” with very low risk. For this reason, in competitive markets, sellers avoid taking a buyer’s contingent offer if they have any other offer available.
Now, finally, you can be a contingent buyer and find more sellers to work with!
This means, if you really need to sell your home in order to make a new purchase, now is a great time to consider that move. You probably have equity, maybe not as much as you did in the peak of 2022, but likely a great profit you can turn into the next home we negotiate for you.
Did you know that your inspection period on the next home doesn’t begin until you get an accepted offer on the current home? If you’ve been on the fence about making a move because the contingency seems impossible, we would love to walk you through the process.