A conditional offer means the buyer agrees to purchase your Leamington home—but only if specific conditions are met, like financing or a home inspection. I help you navigate and negotiate each condition with confidence.
What Is a Conditional Offer?
A conditional offer is an agreement to buy your home—but it includes specific conditions the buyer must meet within a set timeline. If conditions aren’t fulfilled, the deal can be cancelled without penalty.
Common Conditions in Leamington Home Sales
– Financing: The buyer must secure a mortgage.
– Home Inspection: The buyer wants to confirm the home is in good condition.
– Sale of Buyer’s Property: The buyer needs to sell their current home first.
– Lawyer Review or **Insurance Approval**: Less common, but occasionally used for due diligence.
How Long Do Conditions Last?
Most conditions are set for 5–7 business days, though timelines can vary. negotiates I negotiate reasonable timelines based on your needs and market norms.
When the Deal Becomes ‘Firm’
Once the buyer removes or waives all conditions in writing, the deal is firm. At that point, the sale is locked in, and you can prepare for closing with confidence.
Can You Accept Backup Offers?
Yes. While the offer is conditional, you can still show your home and accept backup offers. I help you communicate clearly and maintain strong interest just in case the first deal falls through.
Linda Hakr’s Role in Conditional Offers
I guide you through every condition, advises on negotiation strategy, and ensures buyers stay on track. I willkeep the process smooth, professional, and transparent—so you can move forward with confidence.