Conditionally Sold? Escape Clause? Sold Firm? What does that mean?
Posted on Apr 13, 2018
If you're looking for real estate you have likely contacted a listing realtor and heard that a property on MLS or Realtor.Ca is "Conditionally Sold" or is now "Sold Firm" Also, some conditionally sold properties may have an 'escape clause' as part of the conditions.
When an offer is made on a property, there are often 'conditions' attached to the of...
Should I have a Home Inspection?
Posted on Apr 03, 2018
This question comes up often with Buyers considering an offer on a property. In Ontario in 2016,2017,2018 the 'sellers market' means that many Buyers are competing with other buyers to purchase a property. When there are multiple offers on a property, the conditions (specifically the LACK of conditions) attached to the offer can often determine whi...
