CAN I BUY A HOME THATS ALREADY UNDER CONTRACT?

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

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Jeanne Feeni…, Agent, Basking Ridge, NJ
Mon Jul 22, 2013
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
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