HomeLight

SEPTEMBER 16, 2022

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?

Option period 92

Option period Earnest money deposit Due diligence Inspection 92

HomeLight

MARCH 7, 2024

This comprehensive document details everything from the purchase price, down payment, and financing terms to contingencies, closing dates, and any specific conditions both parties must meet before the sale can be finalized. What is an option period?

Purchase and sale agreement 110

Purchase and sale agreement Earnest money deposit Option period Due diligence 110

Housing Wire

APRIL 13, 2021

Richardson also noted that there have been fewer property inspection waivers issued by Fannie Mae in the last several months, keeping appraisers, inspectors and others in valuation very busy. At this point, looking at what closed in January feels like ancient times compared to just earlier this month.

Marketing 534

Marketing Option period Lending Loan Officer 534

HomeLight

MARCH 13, 2023

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.

Sales 96

Sales Purchase and sale agreement Due diligence Inspection 96

HomeLight

AUGUST 29, 2022

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Keep in mind that this doesn’t include the funds you will need for closing costs. Closing date.

Earnest money deposit 100

Earnest money deposit Title Inspection Title search 100

RIS Media

AUGUST 17, 2021

“We’re seeing buyers waiving everything, from appraisals, option periods and inspections,” says Riley, who notes that cash isn’t even winning these days. But she’s never seen anything like the past year. ” This is where American Home Shield® (AHS®)—a home warranty leader for 50 years—comes in.

Marketing 98

Marketing Option period Closing costs MLS 98

Redfin

JUNE 21, 2023

Never buy a property without having an inspection A home inspection is pivotal in identifying potential flaws within a property. Home inspections can also help determine an investor’s renovation budget and help alleviate newfound stressors throughout the rehab process.

Due diligence 57

Due diligence Earnest money deposit Investor Inspection 57