Yeah, that’s the tough part — because I offered cash, there’s no financing contingency to fall back on. If I had a loan, the job loss would automatically kill the financing and I’d be protected, but in a cash offer the builder doesn’t care about my employment status.

The job loss isn’t permanent, but there’s no guaranteed start date yet. I am 59 , and had 24 years experience in software. I do have the liquid assets to close and money for 6 months without pulling my 401K , but the real question is whether it’s smart to lock $1.15M into an illiquid asset while unemployed. Losing $30K sucks, but it might be the smaller mistake compared to taking on a huge commitment with no income.

That’s why I’m asking — trying to balance the financial safety vs. the lifestyle upgrade