Housing Wire

FEBRUARY 14, 2024

This model is still expensive for homeowners because they are paying duplicate closing costs and leaseback fees. The third iteration was pioneered by Calque and is the most cost-effective model of the three. Calque is SOC2 compliant and only collects data required to make a backup offer on your client’s current home.

Backup offer 448

Backup offer Loan Officer Home sale contingency Branding 448

First Team Real Estate

MAY 14, 2021

Brandice and her team go to bat for their clients on everything from preferred timeline, inspections, closing costs, backup offers, repairs, and so much more.

Backup offer 98

Backup offer Branding Closing costs Inspection 98

HomeLight

JUNE 29, 2022

As interest rates start increasing, as they are right now in 2022 , sellers may not have as many backup offers to consider as they would when rates were low. Price your house right to attract competitive offers. Negotiate closing costs with your ‘win’ priorities in mind. Too many contingencies.

Earnest money deposit 111

Earnest money deposit Purchase and sale agreement Closing costs Closing 111

First Team Real Estate

DECEMBER 7, 2020

Having several offers on your home is fantastic, however, how do you guarantee you pick the very best deal and don’t miss out on an even better one? Normally, both the buyer and the sellers are accountable for paying a part of the closing costs.

Purchase and sale agreement 98

Purchase and sale agreement Pre-approval Title Backup offer 98

HomeLight

MARCH 20, 2023

A kick-out clause acts as a sort of compromise in light of an offer with a home sale contingency. They may be able to accept backup offers as well, depending on how the clause is written. Offer to pay the seller’s closing costs. Closing costs for a seller represent a significant expense.

Home sale contingency 105

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 105

HomeLight

OCTOBER 11, 2021

Buyers may find that there isn’t a lot of wiggle room on the price of a short sale, as lenders are going to base the price on the home’s current market value , and considering they are already going to be accepting less than the house is worth, they are unlikely to consider any low-ball offers.

Short sale 101

Short sale Sales Banks Backup offer 101

Windemere Selling

NOVEMBER 30, 2022

It means the seller has accepted a buyer’s offer, but there are certain contingencies that must be met before the deal goes final. Buyers who see a home listed as “under contract” may still reach out to the seller’s listing agent to make a backup offer, unless the contract that’s already in place contains a clause preventing it.

Purchase and sale agreement 52

Purchase and sale agreement Backup offer Home sale contingency Inspection 52