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Contingent Offers

Happy Wednesday! I hope you are doing well. For this week’s video I want to discuss making a contingent offer. We have had a lot of people ask if sellers will accept a contingent offer yet and unfortunately the answer is still no in most cases. However, we do have a few solutions if you can’t buy a new home before selling your current home. Please see below and watch my video for more details. Options if you have to sell before you can buy. 1.Negotiate a 60-day rent back once you sell your home. 2.Find a way to come up with a minimum down payment without selling – 401k, Stocks, Gift Money, or bridge loan. And then do a recast once your home sales. 3.Ribbon Cash Offer 4.Last option is to sell, rent and then buy. Weekly Newsletter

Stewart Sadler Managing Partner Cornerstone Mortgage Group ​404-441-4765 ​ Georgia Residential Mortgage Licensee: 21412 • Company NMLS: 147913 • Individual NMLS: 147938

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