The Importance Of Including Conditions In An Offer.

Feb 2, 2023 | Buying, Tips and Tricks

As a buyer, it’s important to ensure that you and your real estate agent are protecting your best interests when entering into a real estate transaction. One way to do this is by including conditions in your offer on a property known as the agreement of purchase and sale. These conditions are essentially clauses that outline specific actions that must be taken, or certain conditions that must be met before the sale of the property can be completed.

There are several different types of conditions that you may want to consider including in your agreement of purchase and sale. For example, you may want to include a financing condition, which allows you to back out of the sale if you cannot obtain financing for purchasing the property.

Another condition you may want to consider is a home inspection condition, which allows you to have a professional inspection of the property and to back out of the sale if the inspection reveals any issues that are not acceptable to you as the purchaser. Other conditions you may want to include could be a condition related to the status of the property’s title, a condition related to the property’s zoning, or a condition related to the property’s environmental condition.

It’s important to keep in mind that the conditions included in your agreement of purchase and sale should be reasonable and can be negotiated between you and the seller. You should also consult with a real estate professional or lawyer to ensure that your interests are adequately protected.

Including conditions in your agreement of purchase and sale can help protect your interests as a buyer and give you peace of mind during the real estate transaction process. Be sure to consider which conditions are appropriate for your situation carefully and to negotiate them with the seller.

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For sale $595,000
46 BARKER STREET, Prince Edward County, Ontario

46 Barker Street

Prince Edward County, Ontario

4 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Harvey Kalles Real Estate Ltd.
For sale $739,000
33 KINGSLEY AVENUE, Brighton, Ontario

33 Kingsley Avenue

Brighton, Ontario

5 Bedroom 3 Bathroom 3,000 - 3,500 ft2
Royal Heritage Realty Ltd.
For sale $652,900
35 FOREST VALLEY DRIVE, Quinte West, Ontario

35 Forest Valley Drive

Quinte West, Ontario

4 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Royal LePage Proalliance Realty
For sale $799,000
1015 COUNTY 2 ROAD, Prince Edward County, Ontario

1015 County 2 Road

Prince Edward County, Ontario

4 Bedroom 3 Bathroom 2,500 - 3,000 ft2
Harvey Kalles Real Estate Ltd.
For sale $665,000
22 BUTLER STREET W, Brighton, Ontario

22 Butler Street W

Brighton, Ontario

5 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Royal LePage Proalliance Realty
For sale $279,999
UNIT C - 209 NORTH PARK STREET, Belleville, Ontario

Unit C - 209 North Park Street

Belleville, Ontario

3 Bedroom 2 Bathroom 1,000 - 1,199 ft2
Intercity Realty Inc.
For sale $949,000
39 SUMMER BREEZE DRIVE, Quinte West, Ontario

39 Summer Breeze Drive

Quinte West, Ontario

4 Bedroom 3 Bathroom 2,000 - 2,500 ft2
RE/MAX Community Realty Inc.
For sale $109,800
486 CTY RD 18 - 20 DRAGONFLY LANE, Prince Edward County, Ontario

486 Cty Rd 18 - 20 Dragonfly Lane

Prince Edward County, Ontario

2 Bedroom 1 Bathroom 700 - 1,100 ft2
Royal LePage Proalliance Realty
For sale $4,525,900
37 BELLAVISTA DRIVE, Prince Edward County, Ontario

37 Bellavista Drive

Prince Edward County, Ontario

6 Bedroom 5 Bathroom 5,000 - 100,000 ft2
Real Broker Ontario Ltd.
For sale $1,690,000
33 CARRYING PLACE ROAD, Quinte West, Ontario

33 Carrying Place Road

Quinte West, Ontario

10 Bedroom 8 Bathroom 5,000 - 100,000 ft2
Exit Realty Group
For sale $1,495,000
911-913 COUNTY ROAD 13, Prince Edward County, Ontario

911-913 County Road 13

Prince Edward County, Ontario

4 Bedroom 1 Bathroom 2,000 - 2,500 ft2
RE/MAX Quinte Ltd.
For sale $550,000
56 CORTLAND CRESCENT, Quinte West, Ontario

56 Cortland Crescent

Quinte West, Ontario

2 Bedroom 4 Bathroom 1,100 - 1,500 ft2
RE/MAX Quinte Ltd.
For sale $1,295,000
108 MURRAY STREET, Quinte West, Ontario

108 Murray Street

Quinte West, Ontario

4 Bedroom 4 Bathroom 2,500 - 3,000 ft2
Sandbanks Realty Ltd.
For sale $399,900
604 - 344 FRONT STREET, Belleville, Ontario

604 - 344 Front Street

Belleville, Ontario

2 Bedroom 2 Bathroom 1,000 - 1,199 ft2
Royal LePage Proalliance Realty
For sale $299,900
337 COLEMAN STREET, Belleville, Ontario

337 Coleman Street

Belleville, Ontario

4 Bedroom 2 Bathroom 1,500 - 2,000 ft2
RE/MAX Quinte Ltd.
For sale $499,900
322 COLEMAN STREET, Belleville, Ontario

322 Coleman Street

Belleville, Ontario

4 Bedroom 4 Bathroom 2,500 - 3,000 ft2
RE/MAX Quinte Ltd.
For sale $124,000
13 BEACH VIEW LANE - 486 COUNTY ROAD 18, Prince Edward County, Ontario

13 Beach View Lane - 486 County Road 18

Prince Edward County, Ontario

3 Bedroom 1 Bathroom 700 - 1,100 ft2
Royal LePage Proalliance Realty
For sale $2,695,000
229 MAIN STREET, Prince Edward County, Ontario

229 Main Street

Prince Edward County, Ontario

4 Bedroom 4 Bathroom 5,000 - 100,000 ft2
RE/MAX Quinte Ltd.
For sale $499,000
99 BUCHANAN STREET, Prince Edward County, Ontario

99 Buchanan Street

Prince Edward County, Ontario

3 Bedroom 2 Bathroom 1,100 - 1,500 ft2
RE/MAX Realty Services Inc.
For sale $779,000
476 HISCOCK SHORES ROAD, Prince Edward County, Ontario

476 Hiscock Shores Road

Prince Edward County, Ontario

6 Bedroom 2 Bathroom 1,500 - 2,000 ft2
Royal LePage Quest
For sale $398,900
41 WALLACE STREET, Quinte West, Ontario

41 Wallace Street

Quinte West, Ontario

3 Bedroom 2 Bathroom 1,500 - 2,000 ft2
Century 21 Lanthorn Real Estate Ltd.
For sale $525,000
16 DAYTON COURT, Prince Edward County, Ontario

16 Dayton Court

Prince Edward County, Ontario

2 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Harvey Kalles Real Estate Ltd.
For sale $535,000
75 MILLS ROAD, Brighton, Ontario

75 Mills Road

Brighton, Ontario

2 Bedroom 2 Bathroom 700 - 1,100 ft2
Royal LePage Proalliance Realty
For sale $399,000
44 CATHARINE STREET, Belleville, Ontario

44 Catharine Street

Belleville, Ontario

3 Bedroom 3 Bathroom 2,000 - 2,500 ft2
Exp Realty