Ideally, you want a firm offer for your home. That means the buyer offers you a certain price, and you can either accept or reject it.
Sometimes, however, buyers will make a conditional offer. For example, you may be offered your full asking price — but only on the condition that the buyers can sell their current home or secure appropriate financing within a specified period of time.
Should you accept a conditional offer, despite the risk that it may “fall through”?
There’s no easy answer. That’s why we should discuss these types of offers. This way you will be prepared to determine the conditions under which you should accept a conditional offer.