Negotiating when sellers have accepted an offer on the home you want. one problem, though: your agent says the seller will only accept a backup offer.
Dec 17, 2019 – Other reasons sellers will accept backup offers. “’Active with a backup offer’ could mean the seller accepted an offer but doesn’t feel sure that.
Accept the higher offer as backup. Sellers don’t have tons of options when it comes to backing out. But one thing a seller can do—though it’s not.
Submitting a backup offer on a property after the seller has accepted another buyer’s offer allows you to swoop in if the deal falls through. A seller might accept.
Oct 31, 2011 – The seller can accept multiple backup offers, in which case they are ranked: backup offer No. 1, backup offer No. 2, and so forth. It’s rare in the.
Some sellers will offer to fix problems that were found on inspection, but. If you have a backup offer accepted, and the first offer falls through.
Be flexible if seller is accepting backup offers. “Some sellers may want to close as soon as possible,” says Malow. “Others may have broader.
Oct 28, 2019 – The seller has accepted an offer from a buyer, but there are. you may see in the multiple listing service (MLS) is accepting backup offers.
Why do sellers accept backup offers? Sellers often advertise that they are considering backup offers to try to motivate the primary buyers.
May 15, 2019 – So why would a seller want to accept a backup offer? The most straightforwa.