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 110

HomeLight

MARCH 7, 2024

This comprehensive document details everything from the purchase price, down payment, and financing terms to contingencies, closing dates, and any specific conditions both parties must meet before the sale can be finalized. What is an option period?

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Purchase and sale agreement Earnest money deposit Option period Inspection 116

HomeLight

MAY 24, 2022

Sellers tend to prefer all-cash offers because those deals close more quickly. Even though it’s all cash to the sellers at closing, with a cash offer, “you don’t have to go through the appraisal or the bank approval process — it’s cleaner.”. But just how long does it take to close on a house with cash, compared to a traditional loan?

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HomeLight

MARCH 13, 2023

Receive your offer within a week and close in as little as 10 days. This includes the time it takes to sell the property, taxes on the property during the holding period, any necessary services (such as routine pool service), and costs associated with selling the remodeled property, such as closing costs and real estate agent commissions.

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Sales Purchase and sale agreement Inspection Due diligence 105

HomeLight

MARCH 13, 2023

Receive your offer within a week and close in as little as 10 days. The benefit of cash offers for sellers is that these deals tend to close faster and have fewer risks , ” she explains. Barrett Spray Real Estate Agent Close Barrett Spray Real Estate Agent at Keller Williams 5.0 Need to Sell Your House Fast in Orlando?

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Sales Investor Due diligence Renovation 98

HomeLight

MARCH 16, 2023

Receive your offer within a week and close in as little as 10 days. Ramcharitar says sellers also pay 2% of the sales price for closing costs and another 2% for title insurance. A house-buying company generally pays closing costs. James Krueger Real Estate Agent Close James Krueger Real Estate Agent at Krueger Real Estate 5.0

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Sales Purchase and sale agreement Earnest money deposit Investor 93

HomeLight

JULY 31, 2021

Several areas are undergoing major revitalization, particularly close to the downtown area. The buyer does due diligence during the option period in Texas (a certain number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason).

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