Web4 Jan 2024 · A backup offer in real estate allows for a seller to have a second buyer lined up through a binding contract. Should the first offer not go through, the backup offer would … Web17 Dec 2024 · According to Clara Nicolosi, a broker and owner at Re/Max of Hot Springs Village, AK, “active with backup offers” is also known as “taking backup offers.”. It’s a scenario in which all ...

Contingent Vs. Pending: What’s The Difference? Rocket Mortgage

Web19 Jun 2024 · How to make a winning backup offer. If you and your agent decide to put together a backup offer, here are a few touches that can help turn the tables in your favor: … Web11 Oct 2016 · Nov 2011 - Apr 20245 years 6 months. Milwaukee, wisconsin. Consulting at Rockwell Automation since November, 2011. Promoted to Senior Consultant, Program Manager. Customer Experience; Joan Marenda ... tammy in love

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Web21 Oct 2024 · If you are a buyer and would like to make an offer on an active contingent property, you need to talk with your Realtor about exactly what the current offer is contingent upon. After that, you can decide if you want to make an offer known as a “backup offer.” Your offer could only be considered for acceptance if the current contract falls through. When you see that a house is pending and accepting back up offers, that means that the sellers will consider other offers. This is in case the first one falls through. Sometimes you might see pending but continue to show. It’s sort of the same thing without asking for additional offers but in the hopes that you … See more Recently, my husband and I were looking to invest in a local duplex. We knew that the rental market in our town was quite tight. And the property manager we’d been working with told us that she could rent out both units easily. … See more The next day we went to see the duplex. It was perfect. I asked our Realtor to find out whether the people who’d make the original offer had … See more It was too late. Our Realtor told us that they’d already received one backup offer, but declined it. I’m guessing someone else took the full-price … See more After the showing we asked our Realtor about making a backup offer. She said it couldn’t hurt to submit one, but that we needed to know the … See more Web8 Apr 2024 · According to Clara Nicolosi, a broker and owner at Re/Max of Hot Springs Village, AK, “active with backup offers” is also known as “taking backup offers.”. It’s a … tammy huynh arrest