Can I Make a Non-Contingent Offer Without Selling First?

5 days ago 3

You’ve found a new home, but your purchase offer contains a home sale contingency; you can’t afford to buy it unless your current house sells. This clause weakens your offer, and now you’re afraid someone else will win the home. But can you make a non-contingent offer without selling first? While making a non-contingent offer without selling your current home is possible, it’s a strategy often fraught with financial risks. An offer with no contingencies can make you a more competitive buyer, but it exposes you to the potential burden of owning two homes at once. Fortunately, innovative programs like HomeLight’s Buy Before You Sell provide a secure path to making a strong, non-contingent offer by eliminating the need to juggle two mortgages or rush through a stressful home sale. Yes, You Can Buy Before You Sell. Why Move Twice? Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Can you really make a non-contingent offer without selling your current home? Yes, it is possible to make a non-contingent offer on a new home ev...

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