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What to know when making an offer contingent on selling your home

(Cindy's Blog about Portland Oregon Real Estate & Stuff)
What to know when making an offer contingent on selling your home
Oh, there it is, that perfect house. You pull up and nab a flyer just knowing that it has to be out of your price take a double take and see that it is actually well within your price range. You call your REALTORĀ® and after looking at the inside you realize this home is the one you want.
Only thing have to sell your home first. In fact, you haven't even put your home on the market yet.
The optimal thing of course when you are actively looking for homes when you have a home to sell is to sell your home first. Yeah, I know, why put the cart before the horse right? I so understand how this can be risky...I mean..what if your home sells and you haven't found a new home..will you have to rent..move your stuff twice? Maybe. Unless you are in a rare position where you can buy the one home without needing the proceeds of your current home, you'll need to make an offer contingent on you selling your home.
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