Palmdale Real Estate

Back Up Offers When a seller accepts a buyer's offer it is the primary offer and escrow is opened up. All the offers after the primary are back up offers. If the buyer is really interested in a property a back up offer is a very good idea. Primary offers can fall part in the first 2-3 weeks of inspection and financing. The primary buyer will be released from the contract and the back up offer will be notified of the new status of primary.