A secondary offer to buy propert, used in case the initial offer falls through.
A secondary offer for a property that is conditional upon the failure of the first offer.
Just as it sounds, if a Seller accepts one offer, but still has interest in the property from other buyers, he may accept a back up offer in case the first offer falls through.
A bid that a seller will accept if their first choice offer falls through.
Another offer or bid for a property to be considered by the property seller if the current offer falls through.
a second buyer who is in a position to replace a first buyer if a transaction fails to materialize.
There is always a provision of an alternate bid or second offer on a property if the first offer does not work out. However, this second offer has to be accepted.
In situations where a seller has received multiple offers, one may be designated as a backup offer. If for some reason the first-priority offer falls apart, a qualified buyer with a backup offer is next in line for negotiation. Ideally, the seller will explain the terms governing the backup offer position to that potential buyer.
An additional bid for a property that can be accepted if the initial offer falls through.
An offer to buy submitted to a seller with the understanding that the seller has already accepted a prior offer; a secondary offer. Sometimes the seller accepts the backup offer contingent on the failure of the sales transaction on the part of the first purchaser within a specified period of time. The seller must be careful how he or she proceeds, however, when the time for buyer's performance under the first contract has expired.
Secondary, tertiary, etc. bids for a property that the seller will accept if the first offer doesn't close.
A secondary bid for a property that the seller will accept if the first offer fails.
A secondary bid for a propertythat is accepted if the first offer fails.
A secondary offer to buy property although the first offer has been accepted, useful in case the first offer fails.
A bid for a property that the owner will consider if the current transaction falls through.