There could be a couple of reasons for this. The contracted purchase price or conditions may be such that they question whether it will be sufficient for the seller's lenders' to accept. In that case, a backup offer may well win the day. Another reason may be that they want to solicit more offers so they can be submitted to the bank as proof that the original contract is as good as can be expected in this market.
In either case, as a buyer's agent I would never allow my clients to agree to the home they are in contract on to be placed in AWC status. What's the point of a binding contract? This status implies that the buyer's aren't 100% invested in buying the home.
Please get yourself into a relationship with a Buyer's agent. They don't cost you anything and will get you all the viable properties available in the area you are searching without you having to figure out what's real and what's not.
Century 21 Professional Group, Inc.
The property under contract, but not pending. Although they have an expected closing date. Let me know if there is any way I can help you find what you are looking for.
Z House Realty Group
U.S. Army Retired
I see you are looking in the Lee Vista area. Let me know if I can help.
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