Development Due diligence Option period Technology 
HomeLight
MARCH 13, 2023
As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. The buyer does due diligence during the option period in Florida. The option period is negotiated between buyer and seller. Due diligence for a cash buyer is mostly title related.
HomeLight
MARCH 16, 2023
The buyer does due diligence during the option period in Texas. The option period is the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason. Krueger says the due diligence period in Houston is typically 10 days for an agent-assisted sale.
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