<p>cpt, thanks. BTW, I am not selling my home. I am asking for a relative. </p>
<p>somemom, where this property is anyway, if there is a contract, the realtors aren’t going to work on selling it.</p>
<p>My husband won’t take any deals with house sale contingencies, etc. In this market, he is more flexible then in the past however…there are NOT that many people out there looking to buy, and if you have a likely deal, its not smart to be too difficult. Ideally, a buyer should have their financing in order before the begin to look…knowing just how much they qualify for etc. This is something that wasn’t necessary just a few years ago. People with no money could qualify for outrageous mortgages…which, is what put us all in the housing market crash!! </p>
<p>I would be working with whatever buyers I had “on the hook”…It is very difficult to keep a deposit if the house sale falls thru, so the best scenario is to leave the house on the market till the paperwork is dry. You can add in “time is of the essence” to make the sale go quicker, and put some pressure on the buyers. But, like I said…just having a buyer in this market is a big thing! I would do what I could to make that deal go through.</p>
<p>Thats coming from the wife of a builder who has been sitting on 2 houses, for about a year now!! Not alot of people out there looking, in our area these days, unfortunately. He’s even adding in things like, big screen tv in the media room etc…lol, anything to try to get rid of these houses!!</p>
<p>papengena, you are of course correct. This is prime selling season now, so they don’t want to enter into a contract with people who will not be approved for a mortgage either.</p>
<p>papengena is correct. What used to apply in better days has no importance now. You ride each offer until it dies completely. You might not get another one for months.</p>
<p>barrons, they know that. They also don’t want to kill the selling season. Red flags went up bc the realtor has not presented anything to show that they are prequalified for a mortgage. It went same day from “cash deal” to they want financing. Well, who knows, maybe the deal will happen. Sounds weird to me.</p>