A Ideally, you want a firm offer for your home. That means the buyer offers you a certain price, and you can either accept
or reject it.
Sometimes, however, a buyer will make a conditional offer. For example, you may be offered your full asking price — but only on the condition that the buyer can sell their current home or secure appropriate financing within a specified period of time.
Should you accept a conditional offer?
Despite the risk that it may “fall through”. There’s no easy answer.
That’s why you should discuss these types of offers with your real estate agent in advance. A good realtor will help you determine the
conditions under which you should accept a conditional offer.
Need more advice? Call me today.