HomeLight

MARCH 13, 2023

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. The buyer does due diligence during the option period in Florida.

Sales 98

Sales Investor Due diligence Renovation 98

Redfin

JUNE 21, 2023

Never buy a property without having an inspection A home inspection is pivotal in identifying potential flaws within a property. Home inspections can also help determine an investor’s renovation budget and help alleviate newfound stressors throughout the rehab process.

Due diligence 59

Due diligence Earnest money deposit Investor Inspection 59

Redfin

JANUARY 23, 2025

That may mean the buyer must be approved for financing and get their mortgage or a home inspection must be completed. Active option contract When you see the active option contract status, it indicates that the seller has accepted an offer, but it falls within the option period.

Purchase and sale agreement 31

Purchase and sale agreement Due diligence Inspection Option period 31