Blog
Tuesday
30
APRIL
2013
The Dangers of Writing an Unconditional Offer to Purchase
In today’s competitive housing market, where you may be competing against multiple buyers in a bidding war, you may be tempted or even encouraged to write a “clean” offer to purchase, without including any conditions. This is a binding sales contract once the sellers accept your offer. The most common conditions placed in offers allow buyers time to obtain their financing commitment from their mortgage lender, and may also include a satisfactory home inspection...