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Small Down Payment to Hold |
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I am in the process of selling my condo here in ct and relocating to florida. I have found a great condo. Can I put down a small down payment to hold until I sell my place. Will be putting down 20% after I sell my place. |
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You can make any arrangement you want as long as you find a seller who agrees. But you'd better make sure your written purchase offer says this depends on your selling your present condo. Then you have to get the seller to agree to wait to see if you do. If you already have a buyer for the Connecticut condo, you'll be in a stronger bargaining position than if you have just put it on the market.
I can't give you negotiating advice -- for that you need to work with a real estate broker. |
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Edith
Originally published on July 14, 2008 |
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