Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 11 years ago, 06/30/2013
backup offers
Do anyone here have any experience on submitting backup offers to short sales?
What is the success rate?
I have a number of properties that I am interested that went into pending on day one, or before I can arrange a visit.
My agent suggest I submit back up offers site unseen just in case some of them fall through.
My thought is most of those will not fall through very likely those are buyers with inside track and a backup offer is a waste of time.
Thoughts?