We have clients that found a home they love. The only problem is they have to sell their home in order to purchase the new home. After explaining that most likely the sellers of the new home aren't going to be interested in a contingency offer, but that it would definitely help if their current home was listed and listed at a good price. When they were talking about what to offer for the new home, they decided on a low ball offer, because there had been a couple of foreclosures sold in the community. When it came to deciding on a price for their current home, all the reasons they are considering for the low ball offer are no longer valid. According to them, foreclosures shouldn't count. So, of course, they want to list high and buy low. What else is new?
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