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Active with contract taking backup offers

13.03.2021
Sheaks49563

31 Jan 2019 Your REALTOR® tells you that just means the contract is contingent. listing is still active, talk to your buyer's agent about making an offer. Only the buyer can do this, once a seller accepts a back-up offer they are held to it. Then the house in question is suddenly back to active status rather than pending or under contract. The difference in price is $5000 in one case and $9000 in the  16 Oct 2019 Appraisal; Appraisal contingency; Backup offer; Blind offer; Home sale known as a mortgage contingency) in an offer contract that allows a buyer to An actively licensed real estate agent and REALTOR® are often used  13 Feb 2019 A home sale contingency is one type of contingency clause frequently included in a real estate sales contract (or an offer to purchase real 

A “Back-Up Offer” is an offer that is submitted when a home is already Under Contract (as seen on FranklyMLS with the strikeout line) with another buyer. ( sidenote: this post kinda conflicts with my “this home is not available” post on

16 Oct 2019 Appraisal; Appraisal contingency; Backup offer; Blind offer; Home sale known as a mortgage contingency) in an offer contract that allows a buyer to An actively licensed real estate agent and REALTOR® are often used  13 Feb 2019 A home sale contingency is one type of contingency clause frequently included in a real estate sales contract (or an offer to purchase real  As a result, homes can be listed for sale and receive multiple offers all in the same day. No matter how good the offer is, another offer may win the contract. “Sold” search criteria unchanged. May 2009 – Stat parameters changed to exclude “Active Under Contract Taking Backup Offers” and “Active Under Contract 

A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape If the buyer cannot fulfil the contingencies in time, the original contract will cancel and the back-up offer will move into first position. The term 72 -hour 

All of our experts agree that you should indeed submit an offer on a house whose status is active with backup offers. “In the event that the primary offer does not go through, the second offer will go to contract without the house going back on the market,” says Jamie Safier, a licensed real estate salesperson at Douglas Elliman in New York. All of our experts agree that you should indeed submit an offer on a house whose status is active with backup offers. “In the event that the primary offer does not go through, the second offer will go to contract without the house going back on the market,” says Jamie Safier, a licensed real estate salesperson at Douglas Elliman in New York.

Then the house in question is suddenly back to active status rather than pending or under contract. The difference in price is $5000 in one case and $9000 in the 

31 Jan 2019 Your REALTOR® tells you that just means the contract is contingent. listing is still active, talk to your buyer's agent about making an offer. Only the buyer can do this, once a seller accepts a back-up offer they are held to it. Then the house in question is suddenly back to active status rather than pending or under contract. The difference in price is $5000 in one case and $9000 in the  16 Oct 2019 Appraisal; Appraisal contingency; Backup offer; Blind offer; Home sale known as a mortgage contingency) in an offer contract that allows a buyer to An actively licensed real estate agent and REALTOR® are often used  13 Feb 2019 A home sale contingency is one type of contingency clause frequently included in a real estate sales contract (or an offer to purchase real  As a result, homes can be listed for sale and receive multiple offers all in the same day. No matter how good the offer is, another offer may win the contract. “Sold” search criteria unchanged. May 2009 – Stat parameters changed to exclude “Active Under Contract Taking Backup Offers” and “Active Under Contract 

21 Jan 2020 The seller does not have the ability to accept another offer. When the home is marked contingent, the seller may still accept back up offers. and a contract is executed, the listing status changes from an active listing to pending status. for a loan, such as taking on new debt or losing or changing jobs.

31 Jan 2019 Your REALTOR® tells you that just means the contract is contingent. listing is still active, talk to your buyer's agent about making an offer. Only the buyer can do this, once a seller accepts a back-up offer they are held to it. Then the house in question is suddenly back to active status rather than pending or under contract. The difference in price is $5000 in one case and $9000 in the  16 Oct 2019 Appraisal; Appraisal contingency; Backup offer; Blind offer; Home sale known as a mortgage contingency) in an offer contract that allows a buyer to An actively licensed real estate agent and REALTOR® are often used  13 Feb 2019 A home sale contingency is one type of contingency clause frequently included in a real estate sales contract (or an offer to purchase real 

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