if your in first backup possition and a house goes back to active what does that mean for us

Asked by jasonandtracey02@yahoo.com, Ceres, CA Sat Sep 22, 2012

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Janet McCart…, Agent, San Diego, CA
Sat Sep 22, 2012
Hi Jason,
If you are in first back-up position then you will be the first person called when the agreement is cancelled with the first buyer.
If your agent correctly contacted the listing agent and kept in touch then you should be getting a call notifying you that you now have the opportunity to buy the house.
Good Luck
Janet McCarthy
Connect Realty
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hi janet we were notified by our agent that the seller had gone with another buyer but we were in first backup possition last nite we were on the computer and found that the house had returned to active status we called our agent and he sent a text this morning saying that they would be reviewing monday morning things im reading on the internet are saying that we should have sighned papers for the backup but our realitor never sent us anything it was all verbal now the house is pending again and we havent heard anything any thought to this thank you
Flag Sat Sep 22, 2012
Tim Moore, Agent, Kitty Hawk, NC
Sat Sep 22, 2012
If your backup was approved and accepted as a back up and the primary falls apart, then as soon as the primary's withdrawal is signed off then your offer becomes the primary offer.
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