Dear David, Two of my friends bought homes this spring. They had to purchase without conditions and found it to be nerve-wracking. I’ve heard that the real estate market is different now, and that conditional offers are being accepted. Is this true? – PLAYING IT SAFE DEAR PLAYING: Over the course of the last five
Dear David: What happens if a buyer submits an offer without a financing condition and the bank doesn’t approve their mortgage? Assuming the offer is accompanied by a deposit cheque, does the buyer lose their deposit if they are unable to close? – WONDERING DEAR WONDERING: The issue of deposit cheques must be weighing on
We have an offer on our home that’s conditional upon financing for 10 days. Can we accept another offer in the meantime?
Dear David, I found real estate forms online and want to use them to buy my neighbour’s house. My wife is concerned that this might not be safe. – Self Sufficient Dear Self Sufficient: Because they are available for very little cost, online forms may seem appealing when you’re trying to reduce expenses. But there