Thursday, September 24, 2009

Concerned About Selling Before You Find Another Home?





Many buyers have justifiable concerns about timing when they are both buying and selling a home. But if you find yourself not wanting to move twice, ask us about contractual language to give you a negotiable close date, or to opt out of the selling process entirely if the timing is just completely wrong.


A contractual clause like this can allow you to go ahead and sell your current home with a much greater comfort level. And then you have also eliminated having to buy contingent to selling your current home.

In our current Buyer's Market, contingencies are not being readily accepted. Even if they are accepted, they frequently don't result in a closed sale. Another buyer who is "ready and able" can pull the carpet right out from under you! Most sellers who accept contingencies employ a "48 hour clause" that gives them the right to move on within 48 hours of notifying you that they have a buyer without the home selling contingency (even though you are under contract).


So if you are nervous about the timing of selling your current home, be sure and consult with The NO BULL Team. We can help keep those jitters at bay and get you through the process and into your next home!


Marianne and Dwayne Smith
The NO BULL Team
nobullteam@kw.com
615-517-6560
615-509-2428

No comments:

Post a Comment