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Top articles: | As part of his "To Do List" President Barack Obama visited Val and Paul Keller on Friday. The White ... |
| | » NV » Mortgage | 05/13/2012 | | | | The suburban Boston home where Babe Ruth lived after he had been sent to the New York Yankees is for... |
| | » MA » Home selling | 05/13/2012 | | | | The sale of Hawaii's smallest publicly accessible inhabited island is imminent, and local leaders ar... |
| | » HI » Home buying | 06/25/2012 | | | | Let me begin by clarifying that, when it comes to speculating in the housing market, I have no dog i... |
| | » MA » Real Estate news | 11/16/2012 | | | | Lately there has been a debate in Utah about whether it is more advantageous to purchase a home or a... |
| | » UT » Home buying | 07/14/2009 | | | | » Read all articles |
| OptionThe right to purchase or lease property within a pre-determined time at a specific price. There is no obligation to purchase, but the seller is obligated to sell if the option holder exercises the right to purchase. For the option to be valid, it must include consideration (i.e. earnest money). See also:OfferOpen End LoanOpen ListingOptionOrigination FeeOwner Financing
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