House Flipping Option period Renovation 
HomeLight
MARCH 13, 2023
Competition from house-flip companies. 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). Drive around your neighborhood to find homes being renovated.
HomeLight
MARCH 13, 2023
The buyer does due diligence during the option period in California, which is typically one to 10 days. Although there are no required disclosures because the property is being sold as-is, there is an inspection period. The buyer and seller sign the closing documents. You receive a check or have money wired into your account.
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