Home Buying in Houston>Question Details

pmay.holytri…, Home Buyer in Houston, TX

WE have a signed contract to purchase a home but the Sellers realtor sent an Addendum for Sale of Other Property to sell to others in 3 days..why?

Asked by pmay.holytrinityumc, Houston, TX Mon Aug 19, 2013

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6
It looks like you need to sell your current home and that is why the Addendum is necessary. Are you working without a Realtor? Your Realtor should be answering these questions and you should be aware of what it means. Your initial offer should have included a contingency for the sale of your home if that is necessary for you to perform to the contract.

_____________________________________________________
Don Groff | REALTOR® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | listings@dongroff.com
websites: http://www.AustinListed.com | http://www.360LendingGroup.com
Web Reference: http://www.AustinListed.com
0 votes Thank Flag Link Tue Aug 20, 2013
Do you need to sell your current home before you can buy this home? As others have recommended, your realtor should be able to answer your question as the situation is a bit unclear, without knowing the complete picture.

If you'd like to share the details and discuss further, please contact me at dana@danakhan.com or 713-594-4106.
0 votes Thank Flag Link Mon Aug 19, 2013
Are you referring to a contingency ... do you have to sell your home in order to purchase theirs? Do they need to sell their home to you in order to buy another one? It's probably one of these scenarios. Please let me know which one.

Al Geffon
(713) 213-6350
al@geffon.net
Web Reference: http://www.har.com/algeffon
0 votes Thank Flag Link Mon Aug 19, 2013
??? actually I can't offer assistance unclear of all the particulars confer back to your Realtor

Lynn911 Dallas Realtor & Consultant
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0 votes Thank Flag Link Mon Aug 19, 2013
The best person to ask would be your realtor. They should be knowledgable and able to help you out. Being outside of the situation, there are too many questions to get you the right answer. This is part of the duties of your realtor.
0 votes Thank Flag Link Mon Aug 19, 2013
Do you need to sell your current house before buying the next one?
What does your realtor say?
What does your lender say?
0 votes Thank Flag Link Mon Aug 19, 2013
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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