Real Estate

Key Part of the Buying Process

The Option Period is a key part of the buying process. When you make an offer on a home, it’s important to know what you get with the Option Period. It’s a set number of days to get inspections done and get quotes for repairs on anything that came up during the inspections. It’s also time to for your agent to negotiate with the seller’s agent, so you can come to an agreement on how those repairs will be handled. You have the right to back out of the contract during the Option Period, but you won’t get your Option Fee back.

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