That link will show you all the differences between the FAR/BAR and the FAR. Hope this helps you!
That is something I dont feel I can answer without knowing all the facts of your offer. Your Realtor should be able to find out if there are any backups that you may not know about, I would hate to see you lose your offer by taking such a risk. Other backups offers may have been submitted since you placed your offer.
Just so you know, Realtors work for buyers for free. The commission is paid by the seller. People who don't use an agent have no way to know if they are paying too much, or having their rights protected. We can be your very best ally in this endeavor.
Louise Hamel, Realtor, GRI
Michael Saunders & Co.
61 S. Blvd of the Presidents, Sarasota
Re/Max Alliance Group
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are you working with an agent? if so what are they telling you.?
if you are not working with one, this is why you should to help you walk through the process for this is what we do and do well
If you are working with an Agent who is familiar with Short Sales and back-up contracts, the agent would have clearly defined if you are "Back-up Buyer Number 1" or Back-up Buyer Number Two" or so on down the line. You should know exactly where you are and all contract dates.
These date are very important to you in moving forward.
Faye Doyle, LLC
BRIAN A. MCGREEVY
Broker/Owner, REALTOR, MBA, GRI, RRS, ABR, AHWD
2007, 2008, 2009, 2010 & 2011 Best in Client Satisfaction
Five Star Award Winner
Sarasota Home Realty
2100 Constitution Boulevard
Sarasota, FL 34231
Phone: (941) 544-6763 FAX: (941) 866-7588
The bottom line is if it is a FAR contract, I have a good expiration date in place, but if it is a FAR/BAR, I might do what I stated in my question to move the process along and force the sellers hand. After all, if the deal falls through after I withdraw the back up offer, the listing agent who is not representing the current buyer will immediately contact me. I am very confident that there are no there back up offers in place. What do you think?