Is a backup offer a good move for a buyer?
Posted by Holly Smith
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The home you fell in love with has an offer on it already. Do you move on and keep looking or do you halt your search and make an offer on that home in hopes that the first offer backs out? Backup offers can work, but they can also be tricky. Learn here about the pros and cons of making a backup offer. Talk it over with your Realtor who can help you assess the current market, that specific property, and determine the best strategy for you.
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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