We have had our home on the market in Indian Land for roughly 8 weeks and have turned down several contingency offers from out of state buyers after finding out that their houses had been on the market for anywhere from 8 months to over a year.
My question is with the home buying season just heating up, should I accept a 60 day contingency offer from a local buyer currently living south of 485 who is just putting their house on the market now in order to purchase ours?
I have done some research on their house and neighborhood and there doesn't appear to be anything negative.
At this same time last year we would have accepted it, but given the state of real estate across the country and a steady influx of company funded moves into the area, we are afraid to effectively take our house off the market. Yes that sounds confusing, but that is what we are.
By the way, we already purchased our next house, no contingency, and are moving in 2 weeks. We can swing double mortgage payments for a while, if necessary.
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Advice on local contingecy offers
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