Navigating the Option Period: A Crucial Phase in Home Buying
By Rosie Crow, Exceeding Expectations. Delivering Results
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
So, after searching for homes, you finally found that dream home you want to buy, and you've signed the contract, sealing the deal with the seller. But what happens next? The first major step you need to focus on is the option period. This is a crucial phase that can impact your journey to homeownership. In this blog, I will explain why the option period is a big deal and why having a trusted REALTOR ® by your side can be a game-changer during this critical time.The Option PeriodDuring the option period, you have a specific window of time to get the home inspected and to negotiate any needed repairs with the seller. The key factor to remember here is that any repairs that you request must be negotiated and agreed upon during the option period. If the option period expires and no agreeme...
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