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Old 08-21-2008, 08:17 AM
 
Location: Virginia Beach, VA
2,124 posts, read 8,839,562 times
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OK, here is my most reasonable response:

Is your house currently on the market? How long has it been on the market? If not, when would you put it on the market? would you be using an agent or "trying it on your own?" those are the questions the real estate for the property you want would ask.

Now, if you believe the house is overpriced at 299k, then why bother making a contingent offer? It should still be there when you get your home sold. Or do you think the house is going to get sold at 299K? in which case, it is now priced correctly, right? The only reason to put in a contingent offer is because you believe the property in question will be sold before you can get your home sold....

Get your house on the market first.

Shelly
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Old 08-21-2008, 05:20 PM
 
1,151 posts, read 2,992,867 times
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Originally Posted by shellytc View Post
The only reason to put in a contingent offer is because you believe the property in question will be sold before you can get your home sold.
Not true. Contingencies, even of this kind, can be used for negotiating leverage down the road.
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