WebWhen you work with a real estate agent, you'll get selling support at every step, from prepping and listing your home to marketing that gets buyers in the door. Find an agent. ... After accepting an all-cash offer to sell your home, it's time to prepare for closing. Read on to know what to expect, the 5-step closing process and ways it differs ... WebAug 29, 2024 · A mortgage contingency is a contingency that protects the buyer and seller from getting into a real estate sale without a proper loan. Under this contingency, the buyer has a specified period...
The Guide to Making a Contingent Offer on a House - US News
WebOct 9, 2015 · A tactic that is not often discussed is the practice of submitting what’s known as a “backup offer.” A backup offer is a legally binding contract in which an interested buyer offers to purchase the home at a certain price, under certain terms, if … WebDec 10, 2024 · Why Do Sellers Accept Back up Offer? A backup contract is an addendum to a primary offer for a house. A backup offer is a legally binding contract in which an … easter cute background
NCREC Bulletins – How to Handle Multiple Offers
Offering above the asking price will, of course, catch the seller’s eye, but that’s not the only way to make your backup offer seem tempting. Did something about the home or neighborhood really strike your fancy? Let the homeowner know. “When I craft a backup offer, I try … See more Although it might seem like a long shot, putting an offer on a house that’s under contract actually has a reasonable chance of scoring you a home. Deals fall through for all kinds of reasons, so if you’re in the backup position, you’ll … See more When making a backup offer, it’s important to remain realistic about your chances. “Getting attached to a house that you most likely can’t get is like … See more If the first offer on the home does fall apart, don’t assume you’re in the clear just yet. While the contract may have foundered due to … See more WebDec 27, 2024 · A backup offer puts you in line to buy a home that already has a contract in play. Contingencies such as appraisal, approval of buyer's inspection and successfully … WebJan 24, 2024 · A backup offer acknowledges the existence of an existing offer and says, if the first buyer cancels, then you are automatically in contract with the seller. A backup … easter customs and traditions czech republic