Development Finance Option period 
HomeLight
MARCH 13, 2023
Speed: One of the biggest benefits is a fast sale, as cash buyers are able to close the transaction quickly without the delays often associated with traditional home sales, such as waiting for financing approval or appraisal. The buyer does due diligence during the option period in California, which is typically one to 10 days.
HomeLight
MARCH 13, 2023
You don’t have to deal with negotiating offers, low appraisals, or the risk of a buyer’s financing falling through. The buyer does due diligence during the agreed-upon option period in Texas (the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason: typically one to 10 days).
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HomeLight
MARCH 13, 2023
You are either replumbing the house, rewiring the house, or putting a new roof on the house prior to closing so that a financed buyer can get insurance. As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. The buyer does due diligence during the option period in Florida.
HomeLight
MARCH 16, 2023
You don’t need the added stress that comes with the risk of the buyer’s financing falling through or a home inspection turning up unpleasant surprises. Less hassle: You won’t need to worry about showings, open houses, fielding offers, negotiating, low appraisals, or the risk of the buyer’s financing falling through.
Redfin
JUNE 21, 2023
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. Explore your loan options When buying your first investment property, it’s essential to explore the available loan options.
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