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Updated about 10 years ago on . Most recent reply
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Can Only View property After Offer (Option Period)
I'm looking into a couple of multi unit properties and they are all being sold by the same seller. They seem like good deals, but you can only see the inside of them during a paid option period after your offer. The seller said this is to prevent annoyances to the renters. Has anyone experienced this before?
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This is SOP as Wayne said especially on multi-family such as a 4-plex or larger. It is almost impossible to coordinate with 4 tenants constantly for buyers to walk through the property. In the past, we have tried to keep one unit vacant or accessible to show a buyer but that is not always possible. With the option period in Texas, you can walk away for any reason during that period. So try to get a low fee of $25 and a longer period like 14 days