One of the most underutilized buying/selling strategies is submitting (or accepting if you're a seller) legally-binding back-up offers. An official back-up offer is an offer that is negotiated and executed (both sides agree upon the terms and sign off) after a property is already under contract, which automatically becomes the primary offer if the first offer falls through.
You’re in the home stretch of buying or selling a house. You’ve made it through negotiations, the inspections, appraisal, underwriting and all there is left is the closing. What is a closing? What happens at closing? Who will I see at closing? Glad you asked. Welcome to closing 101.