Back to Results

Tools

Partner Tools


Selling agent to write a backup offer for me on a short sale. What provisions should I watch out for

Profile picture for JohnyDude
There is a house on a short sale market and which is just accepting backup offers.  Is it a good idea to have the selling agent write a backup offer for me on this house? He was the one who showed this house to us.
what provisions should I include in my offer?  I am very new to home buying and want to make sure that I watch for things I should in this short sale.
  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 12 - Central
RSS

Answers (1)

Profile picture for acrewdog
Sounds like a waste of your time.
Short sales take forever.  If the sale does not go through you would have a chance to write up an offer.  Generally the bank only wants one single accepted offer presented to them at a time. 
If you really love the house I would have their Realtor get your information to contact you first if the house falls through. 
  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 12
 

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion

 
Most Active Central Real Estate Agents
Subscribe via RSS
  1. 43 listings
    Local Expert
  2. 8 listings
    Local Expert
  3. 196 listings
    Local Expert
  4. 32 listings
    Local Expert
  5. 27 listings
    Local Expert
Related Articles about Buying Foreclosures
Current Last Week
Need a Mortgage?

Zillow Mortgage Marketplace

  • Competitive rates
  • Accurate, custom quotes
  • Thousands of lenders

... and, it's free and anonymous

Get instant mortgage quotes
Estimated purchase price Current mortgage balance Desired loan amount
98104

Learn about Zillow Mortgage Marketplace

Zillow Poll:
Suggested by xitstrgty
How large of a lot do you own?
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy

pageName