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Reply to "How common is "subject to owner finding home of choice" now?"
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[quote=Anonymous]I was just looking online at some homes for sale. I found one in the school district I want. The floor plan would work well for us, though it does not have a finished basement (this is in a planned community/suburb where finished basements are very common) and the lot it's on has a terrible view. Considering this, I thought their asking price was very high (by about 15%) and noticed that it said "subject to owner finding home of choice." How long does the owner have to find a "home of choice" before the buyer can back out? The buyer can't be expected to wait indefinitely, right? To me, a contingency like this gives the impression that the seller will be a PITA about everything--wanting it all on THEIR terms, etc.. Is that generally true?[/quote]
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