Backup offer Closing costs Debt-to-income ratio 
Real Trends
MARCH 8, 2023
If your sellers have a backup offer, evaluate all the facts before you switch to accepting that deal. If there is no backup offer, request a 2-week extension so you have time to resolve the issues. You can still get to the closing table. Ratio issues What does this even mean? Find out the specifics.
Housing Wire
MARCH 21, 2025
If you have a backup offer, know the facts before switching to that deal. If you don’t have a backup offer, get a 2-week extension, so you have time to resolve the issues and still get to the closing table, then get to work. Down Payment issue, and / or closing cost issue? -If Ratio issue?
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