Backup offer Closing Due diligence Pre-approval 
RIS Media
APRIL 18, 2022
It may make sense to put in a backup offer when you’re not the winning bidder. Many buyers will put in offers on homes that are contingent just in case the home of their dreams comes back on the market. . Get pre-approved for a mortgage. The requested closing date. This one is a biggie.
Realty Biz
NOVEMBER 11, 2020
When a home sale is listed as contingent, it means that the seller has accepted an offer with contingencies. This means that certain clauses have to be completed, by perhaps both buyer and the seller, for the sale to close. Even if the buyer has pre-approval for a mortgage, things can still go wrong when they apply for the loan.
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