One Smart Solution to be a Non-Contingent Buyer
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Have you outgrown your space? Do you need a multigenerational space? Or are you simply relocating?
Whatever the reason, many find themselves in a similar situation and in the past, the option was to be a contingent buyer (meaning, they, the buyer – their purchase is contingent on them selling their home current to be able to buy the next home).
REALTOR Steve Ostrom with Coldwell Banker Realty sits down with the amazing, Dara Delgado with Dara’s Loans to discuss a way to be a non-contingent buyer for this type of scenario.**
Why this could be a smart idea for you in this situation, it helps you to be more competitive in multiple offer scenarios OR more appealing (possibly safer) to sellers by not having that risk of lining up two sales to close on the purchase. Less dominoes in the process to line up for success, so to speak.
Not all sellers feel comfortable going with a contingent buyer, because there is more risk involved and it can affect timelines by pushing out the closing date and when folks are trying to schedule their lives, movers, or possibly the seller doing a purchase next on their own – it does affect desirability unless the seller has been on the market for awhile. Not an absolute comment, but definitely something to be mindful to be a savvy buyer.
Not all buyers will be able to go this suggested route, but if you can and it makes financial sense for your life and finances – it can be an improved route for increasing your likelihood for buyer offer acceptance by a seller.
As with all financial decisions, always consult your trusted financial, tax, or loan person before making any decisions.
To discuss your unique scenario as a buyer (or seller that will be in this scenario) – give Real Estate Agent, Steve Ostrom a call or text 916-308-2446 or click here.
To review loans and investments, give Dara Delgado a call / txt at 916-224-3327 or click here to visit Dara’s website. NMLS #249825 | CALIFORNIA – Mortgage Broker that can assist with refinances, purchases, and loans.
*With all real estate decisions – always consult your trusted financial, tax, or loan person before making any financial decision. Any items mentioned here are not considered advice for your situation.
**With all communication, please identify if you’re represented by a real estate agent. We ethically must (and want to be) respectful of all current real estate relationships, including buyer broker agreements that may be in place.*
This video was filmed in January 2026
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