You’ve found the one—the house of your dreams. Your heart says “BUY IT NOW!” but your brain whispers, “Maybe check if it’s about to collapse first?”
In Alberta’s competitive market, many buyers feel the pressure to make unconditional offers—waving financing and home inspections to win the deal. But skipping these protections isn’t just bold—it can be bank-account-draining, anxiety-inducing, and potentially life-altering.
Conditional vs. Unconditional Offers – A Buyer’s Reality Check
Why Skipping Conditions Can Cost You BIG
🔎 Surprise! More than 60% of inspected homes in Alberta have issues—ranging from faulty wiring to major structural problems. (spiremortgage.ca)
💰 The average home inspection costs $450–$750—pocket change compared to the $30,000+ it might save you in unexpected repairs. (findcalgaryhome.ca)
🚨 Unconditional offers mean your deposit is at risk. If financing falls through, you could lose tens of thousands of dollars. (reca.ca)
The Bottom Line
Is winning a bidding war worth the sleepless nights, empty savings account, and unforeseen disasters? That’s up to you. But before making an unconditional offer, ask yourself:
✔️ Do I have extra cash to cover unexpected repairs?
✔️ Am I 100% sure I’ll get the mortgage?
✔️ Do I really want to risk it all just to skip a few conditions?
A home should be your biggest investment—not your biggest regret. So take a deep breath, think it through, and remember: a little patience now can save you a LOT of headaches later.