Contingencies on an offer aren’t a joke

I heard a mortgage horror story the other day from a friend as he was buying a new house and selling his town home. He had arranged to have back to back closings to make it easy, but as it came time to close on the sale of his house the buyer was a no show…it seems that he had just lost his job and now was not in a position to qualify for the loan, much less make the payments. He very quickly was put in the position where he was being pressed to make a decision on signing his closing papers without having a resolution.

Now it’s at this point where most people feel forced into making poor decisions and pay dearly, and this is exactly why this I was reminded of this story by a candidate today. He had just accepted a position that he was very excited about and was going to be receiving not only a much better career path, but a substantial pay increase. Of course, the offer is contingent on his ability to pass a drug screen and as is the norm we highly recommend that a candidate wait to resign until receiving the results, because no matter how much you know you’ll pass we all know about Murphy’s Law. However, prior to taking and receiving the results from his drug screen he went ahead and resigned (unbeknownst to me). Now he’s scheduled to take it tomorrow and I hope that he’ll pass because I don’t want to see him in the unemployment line. So try and remember not to be in such a rush or be pressured by people (recruiters, companies, spouses) into not letting the hiring process work itself through.

BTW: Good news on the mortgage front. After two days the buyers Mother co-signed allowing my friend to move into his new home.

Views: 44

Comment by Nancy Ford on July 22, 2008 at 1:27pm
I'm glad everything worked out for your friend, and good luck on your candidate with the drug test! I usually advise my candidates to lay off the crack when they're in that final interview phase. That usually does the trick. ;)
Comment by bill martineau on July 22, 2008 at 5:44pm
Very good advice indeed.


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