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Old 08-22-2019, 07:53 AM   #14740
quasi
Willing to sell body for a few minutes on RS
 
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Join Date: Jul 2001
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Quote:
Originally Posted by punkwax View Post
I’ve bought a few homes subject to sale. It was very common before the market went nuts. My next purchase will likely be subject to sale as well. I don’t have 1M+ sitting in the bank.
I was the opposite mindset, I was looking at the other end and didn't want to buy without selling first. I know for me I wouldn't even consider a subject to sale that wasn't near close to ask, way harder to negotiate from that position. If you have already sold you have way more leverage, especially in this market. I'd probably consider offers 1-2% lower from a person paying in cash vs someone who is subject to sale and when you're getting close to that 7 figure sales price it's significant dollars.
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