Were you outbid on your dream home? ? You’re not necessarily out of luck. A backup offer can keep you in the game.
What should you know about backup offers before entering into one?
? You will automatically go under contract if the first buyer falls through.
? You could lose valuable time searching for another home while you wait.
? Just like a primary offer, you’ll be locked into your initial bid.
Having a backup offer in place can help you get the house you want, even if you’re second in line. ?
Ready to start your home search? Contact us today!
? 757-453-6804
?info@ateamrealtygroup.com
