December 01, 2022

The Ins and Outs of Back-Up Offers

By Laura Miller December 01, 2022 Back-up offers include several if-then situations that sometimes confuse buyers and sellers. This flowchart can help you keep time frames and responsibilities straight, so you and your clients know what to expect when using the Addendum for “Back-Up” Contract (TXR 1
Background

By Laura Miller December 01, 2022

Back-up offers include several if-then situations that sometimes confuse buyers and sellers. This flowchart can help you keep time frames and responsibilities straight, so you and your clients know what to expect when using the Addendum for “Back-Up” Contract (TXR 1909, TREC 11-7).

BackupFlowchart

Laura Miller , Staff Attorney