Answers by Jacob Worley

Definitely, in this market there are many reasons why a transaction may not close. Submitting a back up offer will put you in a good position if the transaction falls out of escrow.

The very first step is to talk with a mortgage lender to get a look at what financing is available to you. Once you have a pre approval from a lender then you will know what price range to shop and what condition the house must be in for your loan program.