Interesting article about Sellers insisting on non-contingent deals.

by Robert J. Smith on April 17, 2013

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.

Leave a Comment

Previous post:

Next post: