Re: Steps & Strategies
Many sellers will not accept a contingent on sale contract in this market. Do you have a place you can stay if you sell your home first and cannot find another home quickly enough?
If you try to find a home first, you run the risk of the seller not accepting your COS contract or being bumped if they do. I'd rather sell first and once I got an accepted contract I'd probably start looking since a Contingent on Close contract is more acceptable to sellers.
However, I'm seeing pre-approved buyers getting turned down by PMI companies and other crazy stuff so it ain't closed until it closes and can create a bad domino effect.
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