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Old 05-09-2014, 04:16 PM   #21
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Does the potential buyer have a contract on their home? I remember on one house we bought in the past we did have a contingency on the contract of selling our house. The seller accepted it because we were already under contract to sell our house. We closed on the sale of our house on one day and closed on the purchase of the new house the next day.

I would not accept a contingency of selling another house unless they were already under contract. If they were I might do it if my market wasn't so good that I felt I could easily and quickly get another buyer.
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Old 05-10-2014, 07:35 AM   #22
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Thanks for all the posts. Just to update on a few comments. We live in a retirement community with many types of homes, condos, attached villas, etc. Prices range from $40K to $500K. Right now I think the market has softened a little and homes aren't moving so fast. Also, the prices have gone up and buyers are thinking things over. Ours has been on the market since March 1st.
We have dropped the price $10K since the initial listing.

I guess there are many thoughts on the best way to show a home. Wife is a "heavy" decorator. Realtor told us to get rid of many things so home would appear larger. We did that. Still too crowded and got rid of some furnishings and moved things around. Moving a week from tomorrow so it will be vacant which should make our realtor happy. 2050 sq ft of open space. She should not have any more suggestions in that regard and we are not going to stage the place. What you see is what you get.

Maybe another price drop is in the making. My wife is in charge of the sale and has close ties to realtor. Told them in the beginning the price was too high, but what do I know?
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Old 05-10-2014, 07:45 AM   #23
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FWIW, while I know it goes against conventional wisdom, I prefer to view a home without any furnishings. I have no trouble visualizing how our stuff would fit into empty space plus I think it make a house look bigger.
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Old 05-10-2014, 07:51 AM   #24
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Originally Posted by pb4uski View Post
FWIW, while I know it goes against conventional wisdom, I prefer to view a home without any furnishings. I have no trouble visualizing how our stuff would fit into empty space...

A house without furnishings also makes it far easier to spot problems.
Numbers is hard
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Old 05-10-2014, 11:56 AM   #25
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I just wouldn't sell a home if the buyer had to sell their home 1st. If the buyer had sold his/her home, had financing in place and put down a non refundable deposit of at least 6% of the purchase price I'd consider it. You're stuck until they you would need a time limit, you need to know they can get financing......that takes a letter from the financing need a deadline.....probably 45 to 60 need to keep your home in saleable shape.....leaving pictures on the wall, etc. Frankly I wouldn't do it......the chances of success, in my opinion are way under 50%.
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