How To Buy A House Contingent On Selling Yours -
: You must list, market, and secure a buyer for your home within the agreed timeframe. Finalizing the Deal :
Because contingent offers are riskier for sellers, use these tactics to "sweeten the deal": How to Buy a House Contingent on Selling Yours - HomeLight how to buy a house contingent on selling yours
: Your agent drafts an offer that includes a specific deadline (typically 30 to 60 days ) for your current home to sell. : You must list, market, and secure a
Buying a house contingent on selling yours involves adding a to your purchase offer . This clause protects you by making your new home purchase dependent on the successful sale of your current property. How the Process Works This clause protects you by making your new
: If your home doesn't sell by the deadline, you can usually walk away and keep your earnest money deposit , unless you negotiate an extension. Strategies to Get Your Offer Accepted
: The seller decides if they can wait for your sale. In competitive markets, they often add a "kick-out clause," which allows them to keep marketing the home.
: If your home sells in time, the contingency is removed, and you proceed to closing on the new house.