REALTORS® serving Calgary and area

 

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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

Stories Tagged - purchase contract

Middle-ring neighbourhoods like Canyon Meadows have many of the amenities of an established inner-city community, combined with the large lots and green spaces typical of a newer suburb.
CREB®Now Archive
News

May 28, 2018 | CREBNow

Making the sale

10 things to keep in mind when selling your home
“Subject to a satisfactory home inspection” is a condition of sale that frequently appears in purchase contracts.
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News

Sept. 13, 2017 | Geoff Geddes

Read the fine print

Conditions of sale are a fact of life for homebuyers and sellers alike

During any real estate transaction, buyers and sellers need to understand what conditions of sale are all about and how they can impact both parties.

"It's important to note that conditions of sale are for the buyer's benefit," said CREB® president David P. Brown.

"Often a seller will try to influence the conditions by requiring financing in four days instead of 10 or something like that, but a well-educated REALTOR® shouldn't allow it."

While there are no standard conditions of sale, two of the most common are "subject to financing approval" and "subject to a satisfactory home inspection."


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CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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