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Updated over 5 years ago,

Andy Levin's profile image
Andy Levin's profile image
Andy Levin
  • Rental Property Investor
  • from Dallas, TX
  • Member since Oct 15, 2018
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User Stats

21
Posts
6
Votes
Andy Levin's profile image
Andy Levin's profile image
Andy Levin
  • Rental Property Investor
  • from Dallas, TX
  • Member since Oct 15, 2018
Connect
Andy Levin
  • Rental Property Investor
  • Dallas, TX
6
Votes |
21
Posts
Tax, SDIRAs & Cost Segregation

States with Option Periods

Andy Levin
  • Rental Property Investor
  • Dallas, TX
Posted

In Texas, option periods are the norm in real estate contracts. These option periods allow for buyers to back out of the purchase for ANY reason at all - even if the buyer just decides “no, nevermind.”

I am curious to know if these option periods exist in Oklahoma, where I am looking to invest. For what reasons can buyers back out of contracts in Oklahoma?

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