We are doing a buy/sell and both are hot markets. We need to be strong in an offer on the buying side but I'd prefer not to do a bridge loan. Our house should get multiple offers very quickly when it goes on the market next month. If we put an offer on a house, how strong is contingent on settlement if we are competing against a few offers? We understand that non-contingent is better and contingent on sale takes us out of the running. I just don't want to blow the $10K in fees on a bridge loan if we don't have to. Thanks everyone!
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source https://www.reddit.com/r/RealEstate/comments/1siihfm/how_much_stronger_is_contingent_on_settlement_vs/
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