Equity House Flipping Option period Title 
HomeLight
MARCH 13, 2023
But there are other factors also pushing the cash-buying market in Austin, according to Steve Hoeke, owner of House Buyers Texas. These include: Out-of-state buyers flocking to Austin – particularly California sellers who cashed out the equity in their expensive homes and can afford to pay cash in Austin. High interest rates.
HomeLight
MARCH 13, 2023
Once both parties agree on the price, they sign a contract and submit it to a title company (at which point it goes into escrow). The buyer does due diligence during the option period in California, which is typically one to 10 days. When you sell your home for cash, you’re sacrificing your equity for speed and convenience.
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