Palmdale Real Estate
Real Estate, Offer, Contract, Back Up Offers
RECENT BLOG POSTS
0
Comments
Palmdale, Ca is a nice place to live and work. I have been here for almost 10 years. I moved here from Carson, Ca. It is very different but there are a lot of things you will learn to appreciate in the Antelope valley. About me: I have 9 years experience in home loans and real estate with a backg...
10/14/2013
65
Comments
Why is it that some agents are so bad at communication? I know agents are busy listing and selling property, but you must include time in your daily plan to return phone calls and e-mails. The most common complaint i get from clients who have dumped their last agent is that the agent never return...
10/14/2013
3
Comments
That is a good question. Most homeowners do not realize that it is good practice to stay up to date on the value of their home. Not just when it is time to sell but also when it is not. If your home was purchased with less than 20% down you may be paying private mortgage insurance (pmi). If your ...
10/28/2012
Rainer
25,003
25,003
Johnny James
Service Areas
Real Estate Resources
Back Up Offers
When a seller accepts a buyer's offer it is the primary offer and escrow is opened up. All the offers after the primary are back up offers. If the buyer is really interested in a property a back up offer is a very good idea. Primary offers can fall part in the first 2-3 weeks of inspection and financing. The primary buyer will be released from the contract and the back up offer will be notified of the new status of primary.