Why a Financing Condition Is Your Best Friend When Buying a Home

I always recommend including a financing condition in your offer — and honestly, I love to see a home inspection too. These conditions protect you and give everyone a chance to ensure the financing and the property are exactly what they should be.

That said, I completely understand that in today’s market, having conditions isn’t always possible. Sometimes, competitive offers mean you need to move quickly or submit a clean deal.

That’s why it’s so important to show all your documents to your broker upfront.

Before you write an offer, I do a full review of your income and employment

• Go over your down payment details

• Review the MLS listing for potential financing red flags

• And most importantly, come up with a Plan B, C, D, E, and F — just in case something unexpected happens

The Takeaway

A condition of financing is your BFF when you’re buying a home — it protects you. But if you’re in a situation where you can’t include one, let’s talk first. I can do a full review and make sure you’re as protected as possible before you go firm.

Just remember: going in without a condition is risky, and it should always be a last resort after you’ve had a detailed review of your financing.

Congrats to my amazing buyers this weekend who secured their homes after doing all the legwork upfront. I’m so happy for you — this is exactly how smart, prepared home buying should look.