Final answer:
In a buyer's market, buyers hold more negotiating power due to a surplus of goods or properties, allowing them to negotiate longer timelines for financing conditions.
Step-by-step explanation:
The statement that in a buyer's market, buyers can negotiate longer timelines in financing condition is true. In a buyer's market, there is an abundance of goods or properties relative to the demand. This means that buyers have the upper hand because there are fewer people looking to buy, and more people looking to sell. Sellers are likely to be more flexible in negotiations, which can include agreeing to extended timelines for financing conditions. This flexibility can be beneficial for buyers who may need extra time to secure a loan or manage other aspects of their finances before finalizing the purchase.