There are important things to consider when working with any investor. We use an acronym to make it easier to remember: POET.
Proof of Funds from a reputable bank.
Option Period is 10 days or less, with at least $100.
Earnest Money Deposit is at least 1% of the contract close price.
Texas Real Estate Commission contract: There’s no reason to use another custom made contract. It should be simple and a win/win for both parties.
Time to sell
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