Terms and conditions are added during the offer submission process to outline any specific requirements or contingencies you have as a buyer. These can include:
Financing Conditions: Ensuring that you can secure a mortgage.
Inspection Conditions: Allowing for a home inspection to ensure the property is in acceptable condition.
Sale of Current Home: Making the offer contingent on the sale of your current property.
Other Conditions: Any other terms that you and your agent deem necessary for the offer.
Adding these terms and conditions is crucial as they protect your interests and provide clear expectations for the seller.