Key Words : Back Up Offer

by Christina Sparks

 

Placing an offer on a home that's already under contract is more common when housing inventory is low. 

A seller may accept backup offers so that if the current buyer walks away, there is another buyer ready to close the deal. 

By collecting backup offers, the seller avoids having to remarket the listing, show the home again, or sift through numerous new offers.  

If you think you found your dream home but it's under contract, message me today and let's get a back up offer on the table!

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