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Eric Coffey Eric Coffey is offline
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Join Date: Nov 2000
Location: AZ
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If the appraisal allows, you can bump the price of the home up, and have the seller contribute that amount at closing. And/or if the seller has enough reserves/equity, you may be able to negoiciate a short-term seller carry-back.

Or like Steve said, you can make the purchase contingent on the sale of your current house. Just make sure that it is worded as "contingent on the SUCCESSFUL Sale & closing" of the current home. Just be careful, and know the seller's intentions/situation up front. It can get tricky if you get in a situation where the new home's owner (seller) is also in your shoes, and needs a contingency to purchase a new home. It can domino to several buyer/sellers, and create a huge cluster.
Old 01-19-2007, 03:02 PM
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