48 hour kick out clause

[jkwest]

What is the name of your state?n.j does any one have any advice on the 48 hour kick out clause i have a buyer for my home who wants to make an offer but they have a contingency on selling thiers first to get the $ for mine.the 48 hour thing was brought up but im not to excited about the hole thing can someone explain the good.. the bad ..and the ugly on this.... thanks

 

[HomeGuru]

What is the name of your state?n.j does any one have any advice on the 48 hour kick out clause i have a buyer for my home who wants to make an offer but they have a contingency on selling thiers first to get the $ for mine.the 48 hour thing was brought up but im not to excited about the hole thing can someone explain the good.. the bad ..and the ugly on this.... thanks

**A: where is your Realtor and the Buyer's Realtor?

 

[jkwest]

my realtor is working out the details with thier realtor right now .they just came in 1st bid at 25000 short of asking price.no way...if they come in higher how,should i have my lawyer word it for instanse i get a stronger buyer[in my opinion ] and /or a higher bid they have 48 hours to drop their contengency[house sale]and beat higher bid what do you think i should do ?..... thanks