You can make your offer contingent (or dependent) on
a certain event. That means that youll only buy
the house if that event occurs. The most common contingencies
in an offer include:
Getting a loan. If you cant find a loan, then
you won't be bound by your offer.
Getting a job in the area, if youre relocating,
or just a new job.
Receiving a satisfactory report from your home survey
within so many days after acceptance of the offer.
If the inspection reveals major defects, you can withdraw
your offer or negotiate with the seller to have the
repairs made.
Remember, get all the details spelled out in writing
in the contract.
Estate
Agents, Letting Agents and Management in Hampstead, West Hampstead,
South Hampstead, Belsize Park, St Johns Wood, Kilburn and Maida
Vale, Swiss Cottage, Cricklewood and North West London