Could someone please help me understand why buyers think getting in to contract on a purchase before selling their existing home is ok?  And how about when the buyers have not even listed their existing home yet?!  I would love to say, "Hey, I love the optimism, Mr. Smith." but these days I find myself saying more and more, "What the &$%# were you thinking?!"  Any thoughts?  Words of wisdom?

W. Todd Galde
Senior Mortgage Advisor
Landmark Mortgage Group
TGalde@LMGlending.com

www.ToddGalde.com 

 
Posted by Todd Galde on 07/27/2010 04:18 PM   Comments (2)   Overlapping Purchases in the ActiveRain Channel  
Generate short URL

2 Comments on Buyers who get into contract before selling their existing home: wussup with that?!

JUL
27
2010
284,116 Points 9 Featured Posts Attended Rain Camp Called Shot Master

Back in the day, you could do that because the sellers would take contingent offers.  But not any more.  No way.  What were they thinking?
4:19pm • #1
1,210,622 Points 118 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hmm, I have clients who buy before selling, and I do not have any trouble with that as he does not depend on that money. Maning that he does not have to seel in order to buy.
4:21pm • #2


What does the graphic say?
Leave a response…

(optional)
Spam Prevention:
 
Tg-seated_606x612

Todd Galde

Danville, CA

More about me…

RPM Mortgage

Address: 370 Diablo Road, Suite 103, Danville, CA, 94526

Office Phone: (925) 263-3087

Cell Phone: (925) 381-8190

Email Me

Helping Home Loan consumers and Realtors who serve them to become more empowered during the home buying (or refinancing) process. Because "your mortgage matters", it's important to pay attention to the details and treat it with the importance it deserves.


Links

Archives

RSS 2.0 Feed for this blog