A seller lease-back lets the seller stay a short while after closing. Here’s how Texas’s Seller’s Temporary Residential Lease works for buyers and sellers.
The contract is where a Houston home sale is really won or lost. These articles break down the parts that trip people up — the option period, earnest money, financing contingencies, multiple-offer situations, and what to expect at closing — in plain English. I’m Kevan Pewitt, broker-owner of Houston Prime Realty, translating the Texas paperwork so you can sign with confidence.
What is a financing contingency in a home purchase contract?
A financing contingency lets a Texas home buyer cancel and recover earnest money if their loan falls through. Here’s how the Third Party Financing Addendum works.
What is a termination option in a Texas Earnest Money Contract?
The Texas option period lets a buyer cancel a contract for any reason and get their earnest money back. Here’s how the window and option fee work.
What is an earnest money contract?
Earnest money is your good-faith deposit in a Texas home purchase. Here’s how it works, when you get it back, and how it differs from the option fee.