Hi Eva,
Not sure of the whole story
but in Texas you have most likely negotiated a Termination option on
page 8, section 23 of your contract. This option gives you the
UNRESTRICTED right to terminate the contract by giving written notice
with in the # of days negotiated after the effective date.
So you you and your partner
go under contract and you decide you don’t like something about the
home you can terminate the contract and let the seller keep the $$$
you paid for the option. This includes anything from structural to
cosmetics to just the way the sky looks in the evening. You do not
need an excuse.
Talk with your real estate
agent, Realtor® but this option
period is on every contract for resale homes in state of Texas. New
home contracts are different but talk with the sales rep at if new
home and make sure you get in writing any option period they provide
after signing an intent to purchase. It is not always called the same
thing but most builders do have a period of time after signing that
they will release you from your obligation.
I
hope it all works out for you in the end. I know it can be a
stressful process but every real estate search has a situation behind
it that started the process and sometimes it is good to go back and
remember that reason and see if the goals are being met with each
decision that is made.
Let
me know if I can assist any further. Please feel free to call or text
: 512-922-4922
Bob
Kenney, Realtor®
Reilly
Realtors
No comments:
Post a Comment