Im making an offer contingent upon inspection and a 30 day due diligence period with an appraiser and city inspector to look and tell me what issues i may inherit if i purchase the park.

Looking at some seemingly great deals and wondering why they keep going contingent and then going back on the market or even sold and then back on the market so quickly.

I know that there are MANY more variables to consider here, but would I be crazy to consider making an offer contingent on the sale of my other property?

So how does a contingent seller compete in this market?

Once you turn in plans they will make you fix everything to code so you have to have a contingency budget for that alone as you won't know about these costs until after you close.Also, I haven't seen anyone complete a gut rehab in less than 10 months (in Chicago) so you have to consider your holding costs for a year (taxes, insurance, security, lawn maintenance/snow removal, water, gas, electric, cost of money).

The buyer had an inspection contingency which ended on 3/19/18.

we did notice our electric bills were quite high as well this winter. we just live a few towns over in Goodview. we will be sure to then make any offers contingent on inspections.

And because we got in early, we had done extensive evaluation of repair costs and were able to make a strong offer with no contingencies. 

I would advise that you find a company that doesn’t use high pressure sales tactics and that allows for an appraisal contingency.

The owner wants a cash buy, the less contingencies the better, and to liquidate fast so she can purchase property out of state.