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| | » CA » Home buying | 02/11/2011 | | | | The gap between the average sale price of a foreclosed home and that of other properties grew wider ... |
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| Back-Up ContractA contract or offer that is in a secondary position to an already existing contract. This contract shall be elevated to the first position if some condition in the first contract is not met. If the first position contract is consummated, then the second contract is no longer in effect. See also:Back-Up ContractBalloonBankruptcyBill of SaleBinderBridge LoanBrokerBuyerBuyer`s Agent
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