Question Details

beautiful93, Home Buyer in Cameron, NC

CAN I BUY A HOME THATS ALREADY UNDER CONTRACT?

Asked by beautiful93, Cameron, NC Sun Jul 21, 2013

Help the community by answering this question:

Answers

2
You can submit an offer up until closing; however the seller is bound by the terms of the agreement he/she has already signed. It is a contract and unless the buyer does not perform under its terms/is in breach, it can't be broken.

Keep looking and as prior poster suggested, have your agent keep an eye on it. There are generally two contingencies that have to be cleared - inspection and mortgage. Things can and do happen causing deals to fall apart.

Good luck and best,
Jeanne Feenick
Unwavering Commitment to Service, Unsurpassed Results
0 votes Thank Flag Link Mon Jul 22, 2013
No Jasmine, you can't. You can have your agent watch the listing and if it fell through for some reason, you would have a chance to buy it. Good luck!
0 votes Thank Flag Link Sun Jul 21, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer