When A High Bid Isn’t Enough

Source: The New York Times

In a housing market starved for inventory, buyers are stepping over one another to bid on desirable properties. But a high bid may not be enough – sellers also are seeking offers without mortgage contingencies.

Read the full story:
http://www.nytimes.com/2013/05/12/realestate/sellers-seek-offers-without-mortgage-contingencies.html?ref=realestate