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OT: Advice on purchasing a home

PharmD Blue

All-League
Mar 25, 2008
2,615
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I know there has been a lot of great discussion on this board pertaining to this topic in general in the past. My wife and I are looking to move from our current house to a new one that is closer to our jobs. Obviously, the housing market is pretty crazy if you are a potential buyer and out here in California has been even more insane lol. We are trying to figure out everything we can do to make our offer more competitive and have gotten some pretty sound advice from our agent.

I was curious if anyone on the board has experience with removing their loan/financing contingency as part of their offer? Certainly, there are huge risks to doing this but if you are in a strong position and know that you very likely should have no problem qualifying for a loan it seems like this may be something to consider to help boost your offer, even if you are not an all-cash buyer? Thanks in advance!
 
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