In fact, you can still make an offer without contingency, knowing that your mortgage banker will not give you a mortgate till you either sell your current condo or rent it out. That was what happened to me, and because my offer did not have any contingency, my offer got the house, but then the mortgage company forced me to rented out my condo, and many people want to rent, so I just rented it.
And, because I got this super low ARM only 3.875%, my rent end up more than my monthly payment, and I got one more house, big house.
Vijay did the same thing and first get out all his equity on his condo at Edison, and then use that as down payment to buy a bigger home in Edison, and rented out his 1br condo.
While he moved to bigger home, he was selling his condo earlier while renting out. He ended up to sell his 1br condo at top price because, he said, otherwise, he could not close. So, the buyer decided to pay fair market price to buy his condo.
Samething as Kelly who bought her $650k house in Edison first, then hold 3 open houses on her 2br condo after getting it painted and upkept. It was sold. These area all recent stories.
Where is your condo located? which town and complex name? maybe I can tell you where your prospective buyer communities area ... One thing you need to remember is that many first time buyers, once buy, they want to close in 4 to 5 weeks due to the fact rental lease expiration, with fewer than 60 days to decide to move out or renew.
So, you need to at least find out some houses that you are ready to move in and out of your condo, or you would be in a very difficult situation like Huan-Ching's friend who sold his Westgate townhouse and buyer wanted to move in by last Xmas, and they really got a panic, since the new home not going to be complete till months later ... very panic experience ... found no apartment want to lease for just a few months ...