Real Trends

MARCH 8, 2023

If your sellers have a backup offer, evaluate all the facts before you switch to accepting that deal. If there is no backup offer, request a 2-week extension so you have time to resolve the issues. You can still get to the closing table. Get to work to solve the problem. Most problems do have a solution!

Debt-to-income ratio 94

Debt-to-income ratio Finance Backup offer Agents 94

Windemere Buying

JUNE 22, 2022

It means the seller has accepted an offer and there’s a good chance the deal will go through, but because the sale is not yet final, the property is technically not off the table. Other interested buyers will make backup offers in case the first offer falls through. Now you’re ready to close!

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Seller concession Backup offer 52

First Team Real Estate

DECEMBER 7, 2020

Having several offers on your home is fantastic, however, how do you guarantee you pick the very best deal and don’t miss out on an even better one? Normally, both the buyer and the sellers are accountable for paying a part of the closing costs. If required, will the purchaser spend on a brand-new survey?

Purchase and sale agreement 98

Purchase and sale agreement Pre-approval Title Backup offer 98

HomeLight

MARCH 20, 2023

Title Contingency: If the title inspection reveals problematic issues, the buyer can insist upon remedies from the seller or walk away from the purchase. A kick-out clause acts as a sort of compromise in light of an offer with a home sale contingency. Offer to pay the seller’s closing costs. Money talks!

Home sale contingency 91

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 91