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Am I guaranteed the house? (California)

So I put in an offer for a house a few weeks ago but another offer was accepted. Turns out that deal fell apart and the contract will be cancelled in a few days. So the seller and I both signed the Back Up Offer (BUO) Addendum with it stating that I am back up offer #1. So assuming the seller’s original agreement gets cancelled, am I guaranteed the right to buy the house? No one can cut in front of me right? The only way I could lose this house is either if the original transaction goes through, or if the seller takes their house of the market? Thank you for the advice.

submitted by /u/underpasspunk
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source https://www.reddit.com/r/RealEstate/comments/t1s4mq/am_i_guaranteed_the_house_california/

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