Backup Offer

Posted by Jean-Luc Andriot on Tuesday, August 30th, 2022 at 10:48am.

August 2022 - Jean-Luc Andriot - Submitting a backup offer for Jean-Luc Andriot blog 083022

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!

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