Making an Offer
Making an offer is a critical step in buying your first home. Learn how to structure your offer, what conditions to include, and how to negotiate the best price.
Types of Offers
Conditional Offer
The most common type for first home buyers. Your offer is subject to certain conditions being met before the sale becomes unconditional.
Common Conditions:
- Finance approval
- Building inspection
- LIM report review
- Sale of current home
Unconditional Offer
A firm commitment to buy with no conditions. Once accepted, you are legally bound to complete the purchase.
When to Use:
- You have cash or unconditional finance
- You have done all due diligence
- You want to strengthen your negotiating position
- Buying at auction
Ready to Make an Offer?
Make sure you have your finance pre-approved before making an offer. Speak to a mortgage advisor to get prepared.