An Offer to Purchase a home that includes one or more conditions that must be met before the sale is official is known as a conditional offer. These conditions can include obtaining a mortgage, passing a home inspection, or selling the buyer’s current home. The sale is only finalized once all specified conditions are satisfied, ensuring both parties’ requirements are met.

*The information provided is for educational purposes only and should not be considered legal advice. For specific legal concerns or questions related to your mortgage, it is always best to consult with a qualified legal professional.*

Mortgage Education

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