Lake Forest Homes

Price & Terms

Beware of agents "Buying the listing"

Price vs. Market time

Setting the right price

Property can't appraise if set to high

Contingency Sale

Selling Your Home As-Is

Lockbox-good or bad?

Should I Have a sign?

Contingency Sale

When you want to make sure you have a home to move into before closing escrow on the one you have to sell, we can set up what we call a "contingency sale." Before a buyer makes an offer on you property, we make sure they understand that this one they are buying will only close escrow if the one you have bought closes escrow concurrently. Sometimes this can discourage a Buyer to make an offer, but it is not uncommon in today’s market to have a contingency sale. Sometimes, the Buyer may even have their own contingency in the offer with you about a house they are selling to buy yours.

As Realtors, we know when these types of contingencies are involved, the transaction can become strenuous. However, we have experience in coordinating these types of transactions and know how to arrange a concurring closing.

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Written By Shan Roberts