article thumbnail

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?

article thumbnail

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. Danielle Moy is a top Chicago area real estate agent with more than 16 years of experience. What is an option period?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Redfin

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Let’s get started! Don’t forget about taxes Yes, taxes are a significant component of real estate investing.

article thumbnail

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

HomeLight

Request Offer Inside the Los Angeles cash-for-homes market If you’re looking for a cash home buyer in Los Angeles, you’re not alone: “In 2021 nearly one-third of all Los Angeles properties were purchased with cash,” says Matthew Ornelas , a Los Angeles area real estate agent who sells homes 38% quicker than the average Chino agent.

Sales 101
article thumbnail

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

HomeLight

We’ve gathered insights from top real estate agents and investors to create this guide navigating Orlando’s cash home buyer market so you can sell your property in as fast a timeframe as you require. Barrett Spray Real Estate Agent Close Barrett Spray Real Estate Agent at Keller Williams 5.0

Sales 93
article thumbnail

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

HomeLight

Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. He speculates that this is likely due to “the competition we’re facing now. Everyone involved will need time to perform their due diligence. Real Estate Agent. Michael Simpkins.

article thumbnail

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

HomeLight

Regarding the impact of higher interest rates, if a buyer is already “liquid,” they might prefer to use their money to buy real estate rather than invest in the stock market, says Ross Speed , a top agent in Austin, who works with over 74% more single-family homes than the average agent in the market.

Sales 82