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The Pros and Cons of a Backup Offer on a House

RIS Media

When another offer has been accepted on a house you set your heart on, there is still hope in the form of a backup offer. A backup offer allows you to position yourself… The post The Pros and Cons of a Backup Offer on a House appeared first on RISMedia.

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What Does Accepting Backup Offers Mean?

Maximum Exposure Real Estate

What Are Backup Offers in Real Estate? What is a backup offer in real estate? How do backup offers work? Does backup offers accepted mean I can still buy the house? When buying a home, will writing a backup […] The post What Does Accepting Backup Offers Mean?

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Accepting Backup Offers in Real Estate: What You Should Know

Maximum Exposure Real Estate

What Are Backup Offers in Real Estate? What is a backup offer in real estate? How do Backup offers work? When buying a home, will writing a backup contract make sense? A backup offer is […]. Some excellent questions for those buyers who have lost out on their dream home!

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4 Things Sellers Need to Know About Backup Offers

First Team Real Estate

The only way around re-listing is to accept backup offers, so during the planning phase of your home sale, talk to your listing agent about the pros and cons of backup offers. What does it mean when it says accepting backup offers? What is a backup offer? Backup offers, however, can be tricky.

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Should You Consider a Backup Offer?

Hank Miller Team

Should you consider a backup offer? Are backup offers good options for home buyers and sellers? In highly competitive housing markets with desperate buyers and multiple offers, it might seem pointless to write a backup offer, but why not? What is a Backup Offer?

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Can a Home Seller Under Contract Still Accept a Higher Offer?

Realtor.com

You could, for example, insert terms in the purchase agreement that allow you, as the seller, to continue to accept offers and for the buyer to be allowed the option to match or exceed any higher offers. Buyers can also take backup offers (more on these options later). Can home sellers accept backup offers?

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Knock expands availability of Home Swap solution in Texas

Housing Wire

Knock said that it will provide a backup offer on the old house just in case it doesn’t sell within six months, but Knock claims 90% of homes sell in 90 days or less. Knock Home Swap is accessible for 8,000 agents in Atlanta, Phoenix and the Texas markets.