We closed today on a Fixer Upper Home in Northwest Indiana.
It was not the first offer written on the property, that offer expired and our seller did not want to grant any further extension of time since showings were plentiful.
It was not even the second offer on this property, that was supposed to be "a sure thing" to close, but it wasn't :(
It was the Back - Up Offer to the second offer that Closed within a few days of a mutual release being executed by all parties!
We have always encouraged our clients to continue showings on their property that is listed with us, even after an accepted offer to purchase has been agreed upon by all parties!
We also encourage other co-operating REALTORS who show our properties, that BACK UP OFFERS are welcome!
Sale Pending Does Not Mean SOLD !
At the beginning of each Listing, we relay to our Sellers, that the REAL WORK in REAL ESTATE TRANSACTIONS begins after the negotiated contract has been signed by all.
Getting the deal to Close nowadays is where professional expertise is vital.
Having a Back Up Offer in Place is good, just in case circumstances come up....things that are not re-negotiable or unforseen, that may cause the First Deal to Die.
A Backup offer is the best shot of Adrenalin to restart Seller Confidence that the Home will Sell and CLOSE.
This is just one in a series of Posts For Localism By Jeff & Grace Safrin, F.C. Tucker Advantage Realty, Serving Northwest Indiana...on HOMES SOLD IN A MARKET THAT's NOT SUPPOSED TO BE GOOD....
Jeff & Grace Safrin REALTORS - "Spouses Selling Houses' TM
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NW INDIANA remains a Great REAL ESTATE MARKET check our past---> SOLD HOMES !
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Disclaimer: The opinions expressed by those providing comments are theirs alone, and do not reflect the opinions of Jeff and Grace Safrin of F.C. Tucker Realty. Jeff and Grace Safrin and F.C. Tucker Realty are not responsible for the accuracy or content provided.
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