Buying with a Home Sale Contingency - EP163 - Homeownership

<p>In this episode we learn why for most buyers it is impossible to buy a new home before selling their existing home. This is where a home sale contingency comes in stating that in order to buy their next home they must first sell their home. In a seller’s market using a home sale contingency can be challenging. Often the sellers choose to go with a less risky offer. While in most cases a home sale contingency can hurt an offer, 2022 is a strong year for sellers. With so much confidence in a home selling, sellers may feel more at ease accepting an offer with a home sale contingency than normal.</p>