can i still enter a bid on a house that is under contract?
2007-11-29 13:43:37 · 5 answers · asked by ed n 1 in Business & Finance ➔ Renting & Real Estate
depends on state you live in.here in arkansas once a written offer is put on a house they cant take more offers or even show the property unless something happens and deal falls thru.
2007-11-29 13:57:36 · answer #1 · answered by mamanana9 4 · 0⤊ 0⤋
It depends on the contract, some contracts will be broken if the people have gone too long without purchasing and are outbid. It just depends on the deal, call the/a realtor and ask what it is.
2007-11-29 13:53:15 · answer #2 · answered by Ashley 3 · 0⤊ 0⤋
You are entitled to write a secondary position offer, but the primary offeror will obtain/purchase the house regardless of the amount of your offer if the primary fulfills the terms of the offer.
2007-11-29 13:47:35 · answer #3 · answered by acermill 7 · 0⤊ 0⤋
Sure, you can write a "backup offer" but the first buyer gets a chance to fulfill his contract. If he can't, yours kicks in. I've seen 4th and 5th backups work.
2007-11-29 13:53:36 · answer #4 · answered by dreamgirl 5 · 0⤊ 0⤋
If the seller still wants to accept back up offers, you may. They are under no obligation to respond.
2007-11-29 13:52:25 · answer #5 · answered by teran_realtor 7 · 0⤊ 0⤋