It's really unfortunate that Freddie Mac still won't accept contingencies based on a client's home selling even in this market in California. Just goes to show you the banks will still play by their own rules. They would rather take a cash offer from an investor that will just flip the house. When they could open up the opportunity to good local buyers that want to make it a home.... more
This happen to me in lake bluff in 2008 and i requested and they paid for after (Credit) ....ask nicely to the listing agent no Attorney , depend of the listing agent and his recommendations to freddie... more
You should add a CONTINGENCY on anything that could substantially affect the Loan or the Property:
This is to protect you from buying a "lemon".
Don't let anyone BULLY you about about CYA.... more