Earnest money deposit Equity Option period 
HomeLight
MARCH 16, 2023
You’ll get speed and convenience in exchange for some of the property’s equity,” says Naumann. 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.
Redfin
JUNE 21, 2023
Consider area potential and long-term equity gains Buying your first investment property doesn’t necessarily mean it will be where you reside. When considering where to purchase, you’ll want to think about a location’s potential and the possible long-term equity gains associated with the area.
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