What Is A Seller’s Contingency?

Wanting to move but worried you won’t find a replacement property? There’s a way to do that!

Consider putting your home on the market with a seller’s contingency that states upfront that the sale is subject to finding a suitable replacement property. In a tight seller’s market, most buyers will accept this clause which then allows you, the seller, to procure a replacement property. In the event you do not, then the sale does not consummate and you can remain in your property or establish new timelines with the buyer. 

Contact Michael De Hetre to learn more!

Customer First | Real Estate