Closing Inspection Option period 
HomeLight
SEPTEMBER 16, 2022
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?
Housing Wire
APRIL 13, 2021
Richardson also noted that there have been fewer property inspection waivers issued by Fannie Mae in the last several months, keeping appraisers, inspectors and others in valuation very busy. At this point, looking at what closed in January feels like ancient times compared to just earlier this month.
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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?
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?
RIS Media
AUGUST 17, 2021
“We’re seeing buyers waiving everything, from appraisals, option periods and inspections,” says Riley, who notes that cash isn’t even winning these days. But she’s never seen anything like the past year. ” This is where American Home Shield® (AHS®)—a home warranty leader for 50 years—comes in.
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.
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. He adds that negotiations and home inspection issues could further reduce the price by 10%. A house-buying company generally pays closing costs.
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