When purchasing property, you can negotiate with the Vendor to make the sale subject to certain conditions, e.g., satisfactory finance, sale of an existing property or a satisfactory building inspection, etc.
An auction contract is generally unconditional however some terms, such as deposit amount or settlement date can often be negotiated through the agent prior to the auction should you be the successful bidder.
Talk to us today about the need for, and how to note conditions prior to entering in to a contract.