HomeLight

SEPTEMBER 16, 2022

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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Option period Earnest money deposit Due diligence Inspection 84

HomeLight

MARCH 7, 2024

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. Sale price and terms: The agreed-upon price for the property and the terms of the payment, including the earnest money deposit amount and financing details.

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Purchase and sale agreement Earnest money deposit Option period Due diligence 104

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

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Sales Purchase and sale agreement Due diligence Inspection 89

Housing Wire

APRIL 13, 2021

If they get a higher offer that has financing, then when appraisal comes back, the buyer is going to renegotiate the sales price to be closer to appraised value.”. She might also recommend increasing their earnest money to 2% or more, offer a very large option fee for a very short amount of time and even waive buyer’s approval.

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Marketing Option period Lending Loan Officer 534

Real Trends

OCTOBER 1, 2022

Houston is one among many markets that has experienced an uptick in the number of pending home sales falling through , a consequence of skyrocketing mortgage rates and stubborn sellers who haven’t adjusted to a cooler market. “I have not had anyone back out of a deal, but more and more buyers are clearly backing out now.”. In Houston, 20.6%

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Earnest money deposit Agents Purchase and sale agreement Marketing 68

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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HomeLight

AUGUST 29, 2022

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. As of June 2022, the median sales price in Travis county was $665,000. The median sales price for a home in Hood county was $330,000 as of June 2022.

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Earnest money deposit Title Inspection Title search 93