“Hi Gary, We would like to find something before we sell, so we are not left with nothing. I don’t believe what we want exists in our price range, but perhaps you can tell us. Our requirements are…”
Answer:
To be realistic, you face some big challenges:
1. Few sellers (and no bank selling a foreclosure) will take an offer contingent on the sale of your home.
2. I can’t say what you want is impossible to find, but it may be.
Here’s my best advice:
Step 1: Look hard to determine if what you want exists
Step 2A: If it doesn’t exist, change your criteria or give up
Step 2B: If it does, then put your home on the market contingent on being in the position to close on the home you want
Step 3: Get your home in escrow
Step 4: Make an offer on a home contingent on closing your escrow. Remember, foreclosures are out as banks will not accept this contingency.
Hope that helps…
