A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
$1,495,000
Lake Placid3330 27th Ter, Lighthouse Point, Florida 33064
Real estate owned, or REO, is a term used to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction.
$1,450,000
Lake Placid3531 30th Ave, Lighthouse Point, Florida 33064