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What Is an Option Period When Buying a Home?

HomeLight

Before inspections, you may fear the state of the home or the seller’s willingness to negotiate repairs if the home needs serious work. In the state of Texas, an “option period” allows a buyer to get these details before making the final choice. What is an option period? When does an option period begin?

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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. Closing and possession dates: When the sale will officially close and when the buyer can take possession of the property.

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Working with buyers in the nation’s hottest housing market

Housing Wire

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Real estate agents and lenders are working together to try to get buyers into houses. In fact, Austin has just about 1.2 months of supply, and has seen a 19.7%

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Find Cash Home Buyers in Los Angeles for a Fast, Simple Sale

HomeLight

Receive your offer within a week and close in as little as 10 days. This includes the time it takes to sell the property, taxes on the property during the holding period, any necessary services (such as routine pool service), and costs associated with selling the remodeled property, such as closing costs and real estate agent commissions.

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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. Keep in mind that this doesn’t include the funds you will need for closing costs. They provide assistance up to 5% towards the down payment and closing costs.

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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. Consulting with local experts and real estate agents can help identify up-and-coming areas that can play a pivotal role in creating high ROI opportunities.

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

HomeLight

Sellers tend to prefer all-cash offers because those deals close more quickly. Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. He estimates that on a $200,000 house, you could save between $5,000 and $6,000 in closing costs. Real Estate Agent.