Home Buying in Crestline>Question Details

Christine, Home Buyer in Crestline, CA

What does backup offer mean on the status of a mls? Is that good or bad?

Asked by Christine, Crestline, CA Tue Nov 11, 2008

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Joan Patterson-951-204-1864’s answer
Hi Christine,

A back up offer means the agent is looking for other offers. For some reason, he/she is not confident in the current buyer. I would have your agent contact the listing agent and find out what is up with this particular home and why they are looking for other offers. That may help you decide if you want to go through the trouble and write an offer or not.

I have seen many buyers get homes by means of a back up offer. So, find out first what is going on and then you will be able to make up your mind.

Good luck!

Joan Patterson, B.A., A.S.P., G.R.I., Realtor
Keller Williams Realty
8250 White Oak Avenue, Ste 102
Rancho Cucamonga, Ca 91730
951-204-1864
1 vote Thank Flag Link Tue Nov 11, 2008
backups go through if the first offer falls through. they procceed just as if they were buying the house without an offer on it, that way if the first does fall through it will be a smooth transition.
0 votes Thank Flag Link Tue Nov 11, 2008
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