House market by Images of Money
Before we even start the search process you should meet with a financial institution to pre-qualify for a mortgage which will determine how much you can afford to spend on your new home. If you wish, we can refer you to our mortgage specialists who offer highly competitive rates.
If we are making an offer in competition with other buyers for the same house, making the offer conditional on financing will put you at a serious disadvantage. The seller will give priority to a firm offer before they consider any that are conditional.
If we are not competing with any other buyer then, only if absolutely necessary, we can make the offer conditional for about 2 to 4 days dependent upon you obtaining suitable financing. Conditional offers, regardless of whether or not it is the only offer, carry less weight than firm offers and the seller is less likely to show flexibility with the price with a conditional offer.