I just wanted to check back and see how your situation turned out. Were you able to get the seller to agree to the extension? Did the inspection results turn out the way you wanted? Were you able to close on your dream home?
Betina Foreman- Realtor, C.N.E.
Austin Home Girls Realty
1601 West 6th Street
Austin, TX 78703
Here's my best advise to buyers: Try to keep from falling in love with any house until you are through the inspection period at the very least! There are a number of things that can come up during this critical phase that would indicate you should seek another property. When a buyer is so crazy about a house that they aren't willing to walk away, they can make bad financial decisions. Hopefully your Realtor is helping you stay focused!
Keller Williams / Selling Austin
Your issues are not that big of deal where all parties need to work in concert with one another
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer
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If there is an Option Period extension, there needs to be some sort of "consideration" on your part. In other words you can't extend the Option Period without paying something for that, even if it was it is just $1.00 for example. If you do have a Realtor, discuss this with him or herâ€¦ If you don't, I would recommend using one next time to avoid issues such as this. There are so many hurdles and potential pitfalls in a transaction of this size that most people have no experience with. Last year over 69% of lawsuits were over real estate! Good Luck!!
Joe Jarusinsky, Realtor/Master Instructor
Keller Williams Realty