A buyer's dilemma

If you presently own a home and wish to buy another it can be a disappointing and frustrating process.

I am sure that you can understand from the seller's point of view that the least desirable offer is one that is contingent upon the sale of a home that is not yet sold. Of course if the seller has no other offers than they would certainly consider a contingent offer. In the event the listing lingers on the market, we would then have an opportunity that the seller would consider a contingent offer on their home. However, you will generally not be in a strong negotiating position as far as price, because we will have to negotiate the contingency. I wish I could change this aspect of home buying, but I can’t.

So we have three options:

don’t list your home, keep looking & hoping that we will find a home where a seller will take a contingency because they don’t have any better prospects

List your home & ask for 60 day escrow & two 30 day rent back options I have done this successfully with many sellers and have only had one in a rental (but that is a long story…and her family is now in their dream home); I have had a 95% success rate with families moving only once.

Buy a house while your home is not listed or in escrow and then carry 2 homes & 2 mortgages until we sell your house