
07-12-2013, 01:47 AM
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Senior Member
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Join Date: Sep 2011
Location: Living in Buttonwood. lived in New York our entire lives.
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Contingency
Quote:
Originally Posted by Phanatic Luvr
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 possible 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.
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What you're saying is very valid. However, the sellers knew all about this. We told them we were in contract, that the people were paying us cash, and they agreed, and signed the contract. They never hesitated for a minute. That's what got us. The funny thing though, is that we really liked this house in Buttonwood, it was brand new, and we liked many things better. We decided to take the one in Amelia, because I was totally overwhelmed with the size of The Villages, and was afraid I'd never find my way arounnd. The home in Amelia, was closer to Colony for shopping. I paniced, and that's how that happened. Things worked out, and we're happy. Thanks for your comments. Trish
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