I would consider making a reverse offer to everyone. If you drop the price while there is active interest, it may spur that interest to move quickly before others "find" your home. I've done this effectively and variations. If you make a reverse offer to a specific party, they may wonder how much lower you can go. Why not just drop the price and prepare for an offer?... more
Two months is not too long. This "rule" depends on the lender. Basically the only issues are -- you still need to be living in the place (for real) and you may not be able to refinance right at the price you were trying to sell at -- maybe for a bit less.
There is no such rule of thumb for FHA loans. But you may be asked to provide an explanation -- like keeping a job, or changing your mind, or describing your "plan B" justification. Should be ok with most lenders. Call around. Should not be a big deal, especially at this time when a lot of people are trying a lot of nontraditional techniques.... more