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What Is an Option Period When Buying a Home?

HomeLight

In the state of Texas, an “option period” allows a buyer to get these details before making the final choice. Keep in mind that option periods are specific to Texas and other states will have different processes that give buyers the time they need to make the final decision. What is an option period?

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When Can a Buyer Cancel a Home Purchase Agreement?

HomeLight

Achieve Greater Buyer Confidence With a Top Agent HomeLight can connect you with the most experienced buyer’s agents in your home shopping area. Sale price and terms: The agreed-upon price for the property and the terms of the payment, including the earnest money deposit amount and financing details.

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“Back on the market:” How agents are navigating the uptick in contract cancellations

Real Trends

I have seen a lot of emails coming to me that say ‘back on the market,’” Warren, a Houston-based Compass agent, said. “I Anne-Marie Wurzel, an agent with Mainframe Real Estate. Mandy Nichols, an agent with Brixtone Real Estate. Buyers – and sellers – are blowing up deals as the housing market cools. It’s the sellers.

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Your Ultimate Guide to Buying a Home in Texas in 14 Steps

HomeLight

Another plus is that Texas doesn’t have state income tax, according to Rach Potter, who sells homes 44% quicker than the average agent in Dallas, Texas. Whether you grew up in Texas, are relocating for work, or always dreamed of living in this affable state, it’s a great place to buy a house. It’s all about the down payment.

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Real Estate Investing for Beginners: Expert Tips for Buying Your First Investment Property

Redfin

You should identify a knowledgeable real estate agent who understands the local market and can help you identify promising investment opportunities. If so, you’re in luck because this Redfin article is tailor-made just for you. Buying your first investment property has the potential to be an exhilarating and profitable adventure.

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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. Real Estate Agent. Why pay cash for a home?

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

We get a massive amount of investors coming to us looking for us to help them with investment properties, and a lot of them are cash,” says James Krueger , a top-performing real estate agent who sells properties 42% faster than the average Houston agent. The newbie with little experience doesn’t have the money to keep it long term.

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