Jason Robie: Yeah but

If you were paying attention a few weeks ago, we talked about some strategies for making a successful offer on a home purchase. The goal was to help new buyers ensure that their bid would be accepted over the others (assuming there were competing offers). While I talked about eliminating as many "stumbling blocks" as possible, these were intended to allow your offer to rise to the top of the heap and make it easy for the sellers to say "yes".

For some reason, the universe (if you subscribe to that sort of thing), has been teaching me the lesson that there are always two sides to every story. Be it the anti-fracking folks trying to retain their potable drinking water or the anti-Monsanto groups working for food that has not been through Frankenstein's lab. This week I'd like to talk about the flip-side of the simple offer. Granted, minimal contingencies might make your offer easier for the sellers to accept, it could also leave you exposed, and even forced to buy the home regardless.