Wife and I called on two houses down in an area that is red hot as far as home sales. We have our home paid off and willing to add cash if needed, so we are not financing.
We were told by the two agents that sellers are not accepting any contingencies. We need to come with cash in the bank and have bank statements to prove it, all other offers rejected. The agents advised selling our house first and moving into a rental or with relatives, which means moving twice.
One of the agents we talked to said he had 23 offers over the weekend and the other agent said 18 during the middle of the week (hadn’t even gotten to the weekend).
Yup. I think we will do the same when putting ours on the market in June.