Remove Development Remove Earnest money deposit Remove Option period
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“Back on the market:” How agents are navigating the uptick in contract cancellations

Real Trends

“Recently, I have only had one cancellation by a buyer and that was because during the inspection, things were revealed that were not visible on the surface and the buyer walked away because she didn’t want to spend the time or the money to correct all of the issues.”. Anne-Marie Wurzel, of Mainframe Real Estate.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

The buyer does due diligence during the option period in Texas. The option period is the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason. Krueger says the due diligence period in Houston is typically 10 days for an agent-assisted sale.

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Real Estate Investing for Beginners: Expert Tips for Buying Your First Investment Property

Redfin

Scott Jones, the economic development director for the city of Manor, Texas , proudly showcases his community as a shining example of a location’s potential. ” Additionally, Jackson adds that you shouldn’t “complete your option period without having that inspection evaluated by a professional contractor.”