What Are Conditions in a Real Estate Offer?

Conditions are clauses that must be satisfied before a home purchase is firm, like financing, inspection, or status certificate review.

These protect buyers by giving them time to confirm key details before committing:

• Financing condition: Ensures your mortgage is approved.
• Home inspection condition: Allows you to confirm the property’s condition.
• Status certificate review (condos): Lets your lawyer review the condo corporation’s financial and legal health.
• Sale of buyer’s home condition: Allows time to sell your current property before closing on a new one.

If conditions aren’t met, buyers can typically walk away with their deposit refunded.

The Fox Marin Real Team helps buyers decide which conditions are necessary, how long they should last, and when it’s safe to go firm, balancing protection with competitiveness.

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