Interesting article about Sellers insisting on non-contingent deals.

Interesting article in The Real Deal about sellers in this tight market insisting that buyers purchase apartments without financing contingencies. This is like walking a tightrope without a net. Given the uncertainties inherent in the lending process, I always advise against it, because even the most qualified borrowers can be turned down due to some quirk the lender finds with the building’s condition or its finances. http://therealdeal.com/issues_articles/good-bye-mortgage-contingencies-tight-inventory-leads-buyers-to-risk-their-down-payments/