Archives by Tag 'back up offer'
Appraisals, Back up offers, Appliances and Avoiding foreclosure
By admin - Last updated: Thursday, October 6, 2011
It is normal for a buyer or seller to have questions regarding the process. Each transaction is unique so the questions will vary depending on the individual. I have posted several pages dealing with specific questions I have encountered through my career. I am including links to definitions and answers to 4 questions or concerns [...]
Why would a seller request backup offers?
By admin - Last updated: Monday, July 5, 2010
It is not unusual for a home buyer to discover a home that is under contract and the seller has instructed their listing agent to note in the MLS that backup offers are requested. Why would a seller request backup offers? Backup offers may be requested because of a variety of reasons including: The seller has concerns about their buyer’s [...]