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What Is an Option Period When Buying a Home?

HomeLight

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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Working with buyers in the nation’s hottest housing market

Housing Wire

The Lone Star State’s friendly tax policies combined with the city’s huge tech scene and its cool factor have made it a destination for Silicon Valley types for several years. In addition to the same demographic factors driving growth elsewhere — all those millennials buying homes — the number of companies relocating there is a huge draw.

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When Can a Buyer Cancel a Home Purchase Agreement?

HomeLight

Buying a home is rarely done with casual disregard. You’ve planned, juggled finances, worried about finding the right house, and then you finally sign a contract. But what happens if you’re now facing the decision of submitting a buyer cancellation of the purchase agreement? What is a home purchase agreement?

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

The Close

If youre looking to buy a home but have financial concerns or hesitations about bank loans, choosing the rent-to-own path is a great option, as opposed to the traditional mortgage path. Lets dive in so you can decide if this option is right for you. This is also useful with an incoming tenant interested in a rent-to-own option.

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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

Why pay cash for a home? Mortgage interest is tax-deductible , and many homeowners appreciate the deduction. If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. Despite this, there are benefits to a cash offer. Why does it take this long?

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

RIS Media

“We’re seeing buyers waiving everything, from appraisals, option periods and inspections,” says Riley, who notes that cash isn’t even winning these days. With 15 years of experience in the business, Riley launched her career in Atlanta before settling in Texas in 2008.

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How to Connect with Cash Home Buyers in San Antonio

HomeLight

San Antonio, Texas, is already the seventh-most-populated city in the country, and each day, 66 more people join the party. Many are relocating from California, likely drawn by the lower cost of living and ample job opportunities, but others come from all over the country. A mix of out-of-state buyers flock to Alamo City.

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