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You Need This If You’re Buying & Selling

Nov 23, 2022 | Buyer Tips, Real Estate, Seller Tips

You Need This If You’re Buying & Selling

If you’re shopping for a new home in Cincinnati and you have to sell your current home as part of your move, you need to understand how competitive the real estate market is among buyers.

In many cases, you’re going to find yourself in a multiple offer situation where you’re competing with other buyers’ offers in order to win the bid on your dream home.

That’s why you need to be prepared before you write an offer with a pre-approval letter for financing that is Not Contingent On Selling your current home.

The other buyers’ offers aren’t going to include this contingency and if your offer does, the sellers won’t even consider your offer.

The sellers simply don’t want to take on any additional risk if they don’t have to. And adding the sale of your home as a contingency to your offer adds a significant risk to the sellers that your offer won’t close.

If you have any questions about how to get pre-approved without selling your home, click the link to schedule a call.