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Top articles: | 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 | | | | My family decided to take a trip from Reno to Las Vegas to see how the real estate market was behavi... |
| | » NV » Real Estate news | 02/16/2012 | | | | South Florida real estate developer Martin Margulies has been sitting on prime ocean-front property ... |
| | » FL » Real Estate news | 03/15/2012 | | | | The sale of Hawaii's smallest publicly accessible inhabited island is imminent, and local leaders ar... |
| | » HI » Home buying | 06/25/2012 | | | | As part of his "To Do List" President Barack Obama visited Val and Paul Keller on Friday. The White ... |
| | » NV » Mortgage | 05/13/2012 | | | | » 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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