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Top articles: | 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 | | | | As part of his "To Do List" President Barack Obama visited Val and Paul Keller on Friday. The White ... |
| | » NV » Mortgage | 05/13/2012 | | | | A recent headline on the Good.is. website, "Can a Font Help a City Make a Comeback?," sounds simulta... |
| | » TN » Real Estate news | 02/22/2012 | | | | South Florida's housing crash may be old news, but recent data offer some valuable perspective.
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| | » FL » Real Estate news | 01/20/2012 | | | | 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 | | | | » 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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