ROYAL LEPAGE ATLANTICROYAL LEPAGE ATLANTICROYAL LEPAGE ATLANTICROYAL LEPAGE ATLANTIC
  • HOME
  • PROPERTIES
    • Properties – Grid View
    • Properties – Map View
    • Exclusive Properties
    • Commercial Properties
    • New Construction
      • New Brunswick
        • Moncton, Shediac
        • Saint John, Rothesay, Sussex
      • Nova Scotia
        • Halifax, Bedford, Dartmouth, East Hants
        • New Minas, Windsor
    • Open Houses
  • CAREERS
    • Becoming a REALTOR®
      • Preparing for the Real Estate Exam
      • Real Estate Career Seminar
      • Licencing in New Brunswick
      • Licencing in Nova Scotia
    • Available Positions
    • A Look at Our Offices
  • COMMUNITIES
    • Nova Scotia
      • Halifax and Surrounding Areas
      • Annapolis Valley and Surrounding Areas
      • Pictou County and Surrounding Areas
    • New Brunswick
      • Moncton and Surrounding Areas
      • Saint John and Surrounding Areas
  • AGENTS
    • New Brunswick Agents
      • Moncton Agents
      • Shediac Agents
      • Rothesay Agents
      • Saint John Agents
      • Sussex Agents
      • Oromocto/Gagetown Agents
      • Fredericton Agents
      • Oromocto Agents
      • Charlotte County Agents
      • Miramichi Agents
      • St. Andrews Agents
    • Nova Scotia Agents
      • Dartmouth Agents
      • Halifax Agents
      • Bedford Agents
      • Enfield Agents
      • Windsor Agents
      • New Minas Agents
      • Greenwood Agents
      • Stellarton Agents
      • Digby Agents
      • Mahone Bay Agents
  • ADVICE
    • Blog
    • Market Information
    • Realtor Advice
    • Selling Your Home
    • Buying a Home
    • First Time Home Buyers
    • Relocation
      • Relocation
      • Military Relocation
  • CONTACT US
    • Our Staff
    • All Offices
    • New Brunswick
      • Moncton Office
      • Shediac Office
      • Rothesay Office
      • Saint John Office
      • Sussex Office
      • Fredericton Office
      • Gagetown CANEX Office
      • Oromocto Office
      • Miramichi Office
      • St. Andrews Office
    • Nova Scotia
      • Dartmouth Office
      • Halifax Office
      • Bedford Office
      • Enfield Office
      • Windsor Office
      • New Minas Office
      • Greenwood Office
      • Stellarton Office
      • Mahone Bay Office
Find us here!

HRM Agent Resources

Saint John Agent Resources

Moncton Agent Resources

Valley Agent Resources

✕
More Options

The Conditional Period

purchasing process
The Purchasing Process
April 2, 2019
Halifax Economy
April 3, 2019
April 2, 2019
Categories
  • Sellers
Tags

Conditional Offers

 

What Needs to Get Done?

 

The conditions that are the most common in Nova Scotia include a building inspection (including Well and septic inspections if needed), financing approval, insurance approval and lawyers approval. Typically, your agent will ensure that the date for you to complete all of the conditions will be the same – about 7-10 days out in most instances. Satisfying yourself as to each of these clauses is your responsibility (as opposed to the seller), so it means that you will pay for any testing that you want to be done to the home, including home inspection, well and septic inspections, independent appraisals that you want to complete, and anything else that you want. It’s important to note that you will get another chance to ask for concessions from the seller during this period, but they do not have to agree with anything you ask for, and in some instances, may then make your original agreement null and void.

 

What if I’m Unsure What to Do?

 

In any event, this is a time where you should rely on your agent to be the point person for you – helping you to arrange any appointments and service providers that you need. You have typically put down a deposit by this point, and at the end of this 7-10 day period, you are committed to buying a home unless you have notified the seller that you are unsatisfied by then.

Share
0

Related posts

August 10, 2023

4 Things to Consider Before Listing


Read more
July 31, 2023

The Revival of Open Houses in 2023


Read more
July 27, 2023

Essential Steps for Property Cleanup After Flooding


Read more

Search Blog

✕
  • Buyers
  • Exclusive Listings
  • First Time Home Buyers
  • Market Information
  • Realtor Advice
  • Relocation
  • Sellers
  • Uncategorized
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2017

Follow Us

ROYAL LEPAGE ATLANTIC
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
© 2018 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc.

Powered by YOAPress.com

Sign into your account

Create an account

Reset Password

Reset Password

Register here! Forgot Password? Back to Login