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| | » CA » Home buying | 02/11/2011 | | | | The gap between the average sale price of a foreclosed home and that of other properties grew wider ... |
| | » CA » Foreclosure | 02/25/2011 | | | | Selling your home via a short sale is an increasingly popular method that homeowners in south Florid... |
| | » FL » Foreclosure | 02/24/2011 | | | | 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 | | | | The 2009 NH Real Estate market was one of the worst on record as the recession deepened with rising ... |
| | » NH » Home buying | 01/24/2010 | | | | » 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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