The Offer With Strings Attached
You finally put your house for sale. You work hard to make it look appealing to prospective buyers. Then, you get an offer at last.
But the catch is the offer comes with an attached string or two, a few “conditions”, should you be worried about that?
Please do not panic, because it’s given that offers have terms and conditions. An offer is sometimes conditional on the buyer securing adequate funding or passing a home inspection on your property.
These conditions are usually dealt with within a couple of days, and the offer should be confirmed. (In other words, you’ve likely sold your house!)
There are, however, some types of offers that may be worrying. For example, a buyer may offer to buy your “conditional” house only if he sells his current home at a specific price. Of course, there is the concern that the buyer won’t sell his house. The deal will then fall through, and you’ll have to put your house back on the market. If you’re looking for an accurate market value for your home, contact us at 401-396-2888 for a free valuation. We’re always glad to help!