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How Many Days After the Inspection Does the Buyer Have to Respond? All About the Fast-Moving Home Inspection Period

Redfin

The reality check of the home inspection can be a decisive point in the homebuying process—it’s when hidden issues come to light that can make or break whether or not a home is still the right choice. If you’re wondering how long buyers have to respond after the inspection report comes in, you’re not alone.

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Option Contracts in Real Estate: A Flexible Tool for Buyers and Sellers

Redfin

An option fee is paid to secure this right. Option contracts provide flexibility for buyers and sellers in real estate transactions. Whether you’re house hunting in the Austin market, exploring homes near the beaches of San Diego , or buying property anywhere in the U.S., Why use an option contract?

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How to Find Rent-to-Own Homes: An Investor Guide

The Close

The terms of the rent-to-own contract outline the purchase price, the option period (when the tenant can exercise the option to buy), rent premiums, financing terms, and option fees. Some investors are hesitant to rent the home to tenants without stellar credit.

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Working with buyers in the nation’s hottest housing market

Housing Wire

Austin, Texas might be the hottest housing market in the country. 1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. It is just a super tight housing market. “But in other competitive markets this is what it takes to buy a house.

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What Is an Option Period When Buying a Home?

HomeLight

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?

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When Can a Buyer Cancel a Home Purchase Agreement?

HomeLight

Contingencies: Conditions that must be met for the sale to proceed, such as home inspections, financing approval, and the sale of the buyer’s current home. She says buyer’s remorse is something she’s seeing more often in the current housing market. What is an option period?

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Austin-Based REALTOR® Leverages Home Warranty Partnership in High-Demand Market

RIS Media

This home warranty partnership instills added comfort in the buying and selling process, particularly in a market with rising prices and multiple bids. . “We’re seeing buyers waiving everything, from appraisals, option periods and inspections,” says Riley, who notes that cash isn’t even winning these days.