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.
$635,000
Winston Towers 200251 174th St Unit 2318, Sunny Isles Beach, Florida 33160
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.
$629,000
Winston Towers 500301 174th St Unit 1701, Sunny Isles Beach, Florida 33160