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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. A home purchase agreement , often referred to as a real estate contract, is a legally binding document between a buyer and seller outlining the terms of a property sale.

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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. I have not had anyone back out of a deal, but more and more buyers are clearly backing out now.”.

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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. As of June 2022, the median sales price of homes in Dallas county was $520,000. As of June 2022, the median sales price in Harris county was $241,500. Find a local Texas agent.

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

Redfin

Learning from experienced investors can vastly build your understanding of how it works, beginning with market research and ending with either the sale or signing a tenant in your new rental. You should identify a knowledgeable real estate agent who understands the local market and can help you identify promising investment opportunities.

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

HomeLight

Do you need to connect with cash home buyers in Houston for a fast sale? Perhaps you’re relocating for your dream job in two weeks, but you don’t have the time or money to replace the roof on your University Place ranch that has sprung a leak. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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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. But other than reaching the closing table faster with cash, another advantage to a cash offer is that it saves you money long-term. Real Estate Agent. A cash sale: Start to finish.