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 OPEN HOUSE $724,900
17 PRINCESS DRIVE, Quinte West, Ontario

17 Princess Drive

Quinte West, Ontario

4 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Royal LePage Proalliance Realty
For sale $1,299,900
3092 HIGHWAY 49 HIGHWAY S, Prince Edward County, Ontario

3092 Highway 49 Highway S

Prince Edward County, Ontario

4 Bedroom 6 Bathroom 2,500 - 3,000 ft2
Top Canadian Realty Inc.
For sale $1,199,000
14407 COUNTY ROAD 2, Brighton, Ontario

14407 County Road 2

Brighton, Ontario

1 Bedroom 1 Bathroom 700 - 1,100 ft2
Royal LePage Terrequity Realty
For sale $60,000
TPL08 - 486 COUNTY ROAD 18, Prince Edward County, Ontario

Tpl08 - 486 County Road 18

Prince Edward County, Ontario

3 Bedroom 1 Bathroom 0 - 699 ft2
Ici Source Real Asset Services Inc.
For sale $69,925
BSL03 - 486 COUNTY ROAD 18, Prince Edward County, Ontario

Bsl03 - 486 County Road 18

Prince Edward County, Ontario

1 Bedroom 1 Bathroom 0 - 699 ft2
Ici Source Real Asset Services Inc.
For sale $849,900
6 VAUGHN COURT, Belleville, Ontario

6 Vaughn Court

Belleville, Ontario

5 Bedroom 3 Bathroom 1,500 - 2,000 ft2
RE/MAX Quinte Ltd.
For sale $980,000
480 VERMILYEA ROAD, Quinte West, Ontario

480 Vermilyea Road

Quinte West, Ontario

5 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Royal LePage Proalliance Realty
For sale $549,900
94 RAYCROFT DRIVE, Belleville, Ontario

94 Raycroft Drive

Belleville, Ontario

2 Bedroom 3 Bathroom 700 - 1,100 ft2
RE/MAX Quinte Ltd.
For sale $599,900
93 ONTARIO STREET, Brighton, Ontario

93 Ontario Street

Brighton, Ontario

4 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Royal Heritage Realty Ltd.
For sale $449,900
34 ORCHARD DRIVE, Belleville, Ontario

34 Orchard Drive

Belleville, Ontario

3 Bedroom 1 Bathroom 1,100 - 1,500 ft2
Exit Realty Group
For sale $599,900
6 NESBITT DRIVE, Brighton, Ontario

6 Nesbitt Drive

Brighton, Ontario

2 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Land & Gate Real Estate Inc.
For sale $789,900
7 BRINTNELL BOULEVARD, Brighton, Ontario

7 Brintnell Boulevard

Brighton, Ontario

4 Bedroom 3 Bathroom 2,000 - 2,500 ft2
Royal LePage Proalliance Realty
For sale $499,999
1591 WALLBRIDGE-LOYALIST ROAD, Quinte West, Ontario

1591 Wallbridge-Loyalist Road

Quinte West, Ontario

3 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Century 21 Leading Edge Realty Inc.
For sale $1,099,000
31 BAY BREEZE STREET, Prince Edward County, Ontario

31 Bay Breeze Street

Prince Edward County, Ontario

4 Bedroom 3 Bathroom 2,000 - 2,500 ft2
RE/MAX Quinte Ltd.
For sale $688,900
81 SCUTTLEHOLE RD ROAD, Belleville, Ontario

81 Scuttlehole Rd Road

Belleville, Ontario

2 Bedroom 1 Bathroom 1,100 - 1,500 ft2
RE/MAX Quinte Ltd.
For sale $119,900
0 OLD HIGHWAY 2, Belleville, Ontario

0 Old Highway 2

Belleville, Ontario

RE/MAX Quinte Ltd.
For sale $650,000
22714 LOYALIST PARKWAY, Quinte West, Ontario

22714 Loyalist Parkway

Quinte West, Ontario

3 Bedroom 2 Bathroom 1,500 - 2,000 ft2
Exit Realty Group
For sale $599,900
285 HERCHIMER AVENUE, Belleville, Ontario

285 Herchimer Avenue

Belleville, Ontario

5 Bedroom 3 Bathroom 700 - 1,100 ft2
Royal Heritage Realty Ltd.
For sale $765,000
47 ALLEN STREET, Prince Edward County, Ontario

47 Allen Street

Prince Edward County, Ontario

4 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Exp Realty
For sale $599,000
2237 COUNTY RD 3, Prince Edward County, Ontario

2237 County Rd 3

Prince Edward County, Ontario

1 Bedroom 1 Bathroom 700 - 1,100 ft2
Royal LePage Proalliance Realty
For sale OPEN HOUSE $374,900
18 JACKSON STREET, Quinte West, Ontario

18 Jackson Street

Quinte West, Ontario

3 Bedroom 1 Bathroom 700 - 1,100 ft2
Royal LePage Proalliance Realty
For sale $499,900
61 DELANEY STREET, Quinte West, Ontario

61 Delaney Street

Quinte West, Ontario

3 Bedroom 1 Bathroom 1,100 - 1,500 ft2
Royal LePage Proalliance Realty
For sale $1,849,000
60 BAKKER ROAD, Prince Edward County, Ontario

60 Bakker Road

Prince Edward County, Ontario

4 Bedroom 5 Bathroom 3,500 - 5,000 ft2
Chestnut Park Real Estate Limited
For sale $699,900
4 KINGFISHER DRIVE, Quinte West, Ontario

4 Kingfisher Drive

Quinte West, Ontario

3 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Royal Heritage Realty Ltd.