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Author: YewGuise Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127803  
Subject: Re: Am I Crazy? Buying a house while selling ano Date: 6/18/2012 6:04 PM
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...received one offer but it was below our asking and we passed on it.

Why didn't you make a counter-offer?

We ... fear selling without having lined up our next place.

(1) Worst case, you rent for a while. Kind of a nuisance to move twice, but not a financial disaster, which buying before selling could be.

(2) Since you're willing to buy a fixer-upper, you won't have trouble finding another place if this one gets away. So many people want "move-in ready" that you'll have little competition when bidding on any place that needs work.
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