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> It also gives the sellers certainty of sale so when they go to buy another house, they don't have to deal with contingency offers. A sale isn’t certain until
by newfoundglory 8y ago
> It also gives the sellers certainty of sale so when they go to buy another house, they don't have to deal with contingency offers.
A sale isn’t certain until it’s closed, so unless you are suggesting a sale and lease-back arrangement, it doesn’t really change the sellers situation.
- ssharp 8y agoYou can work out a lease-back for 60 days on most mortgages and some mortgages don't have any leasing restrictions. I'd say some lease-back would happen in this type of arrangement the vast majority of times.