Talk of The Villages Florida - View Single Post - TV house sold on contingency?
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Old 07-11-2013, 10:42 PM
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I'm sorry, I just don't understand why any seller, especially here in The Villages, would accept an offer with such a contingency.
First, the seller would be taking their home off the market for a sale that may never happen???? Let's reverse the situation, put yourself as the seller. Would you do that for someone you don't know? I doubt it.
Second, the market here in The VIllages is very strong compared to most areas in the country. There are a lot of good, strong buyers coming into The Villages every day, so to take your home off the market for a "maybe" sale, just doesn't make good business sense.
Third, the seller has no knowledge or control over the sale of anothers home in another state. A few examples which come to mind are: What if the home was overpriced and it does not appraise? What if there was a contingency on that contract? What if the home was in disrepair and there was a home inspection clause which could possibly cancel the contract?
If you were buying in The Villages and could not afford to carry two homes in the event that yours didn't sell, you may want to sell yours in another state first and rent here in TV's for a bit until you find exactly what you want.
Don't blame the seller, they were the one's using common sense in this business dealing.

Last edited by Phanatic Luvr; 07-12-2013 at 07:48 AM.