Solution · Understand the sale dependency

Home-Sale Contingency

A home-sale contingency makes the purchase depend on successfully selling your current home under the agreed terms. It may be needed because of purchase funds, qualification, or both.

It offers protection—and adds a dependency.

For you, the provision may protect against a purchase you cannot complete without selling. For the seller, another transaction must also work out.

A few things matter.

Your agent advises on the seller’s priorities and the offer’s appeal in the market.
Your attorney advises on the terms, deadlines and what happens if your sale does not close.
Tony checks whether the financial reason for the dependency can be addressed another way.

Could I solve the reason I need it?Start with equity, qualification and comfort—not a decision to remove protection.How should we think about offer protections?Prepare the discussion with your agent and attorney.

I’m getting confused by all these options.