Still putting the pieces together so may change. After dropping the first house, we got contract accepted on another a couple days ago. Closing scheduled for Aug 16. but could change. Now just have to sell this one off... had a good showing yesterday with contract likely, but contingent on them selling first.. Have 3 more showings today and one tomorrow, so perhaps a better offer will come in.
Yes, if we end up accepting it, we'll still take backup contracts for sure... but a bird in the hand.. If we can close on our house first, we can free up our VA loan certificate and put much less downpayment on house than if we have to use conventional loan. We can do it, and would lower payment/loan, but nice to keep more cash on hand as able.
Taking subject to termination of previous contract contracts is smart. I used to advise my clients do so in subject to sale conditions. It just makes sense Surprisingly many agents here do not suggest it however that's got more to do with the amount of paperwork that it takes than anything else. Lazy buggers.
It's a good time to keep some cash in one's pocket I think so it seems like you're moving in the right direction.
When is the move out?
Still putting the pieces together so may change. After dropping the first house, we got contract accepted on another a couple days ago. Closing scheduled for Aug 16. but could change. Now just have to sell this one off... had a good showing yesterday with contract likely, but contingent on them selling first.. Have 3 more showings today and one tomorrow, so perhaps a better offer will come in.
Ah ok, moving forward but slowly. Subject to sale deals are a little awkward, but I'm sure it'll work out.
Yes, if we end up accepting it, we'll still take backup contracts for sure... but a bird in the hand.. If we can close on our house first, we can free up our VA loan certificate and put much less downpayment on house than if we have to use conventional loan. We can do it, and would lower payment/loan, but nice to keep more cash on hand as able.
Taking subject to termination of previous contract contracts is smart. I used to advise my clients do so in subject to sale conditions. It just makes sense Surprisingly many agents here do not suggest it however that's got more to do with the amount of paperwork that it takes than anything else. Lazy buggers.
It's a good time to keep some cash in one's pocket I think so it seems like you're moving in the right direction.