When there are many Buyers competing for the same homes and not a lot of homes for sale, Buyers tend to make Offers to purchase with minimal or short conditions (for example, a 3 day period to conduct a home inspection), in order to encourage the Sellers’ acceptance.  This may even be the case when the Buyers’ home has yet to be sold, because they have confidence that it will sell quickly, so they are willing to assume the risk that it may not. But when there are few... [read more]