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Updated about 6 years ago on . Most recent reply

Matt Brown's profile image
Matt Brown's profile image
Matt Brown
  • Rental Property Investor
  • from Nolanville, TX
  • Member since Mar 29, 2008
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Matt Brown's profile image
Matt Brown's profile image
Matt Brown
  • Rental Property Investor
  • from Nolanville, TX
  • Member since Mar 29, 2008
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Matt Brown
  • Rental Property Investor
  • Nolanville, TX
88
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130
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Texas Real Estate Q&A Discussion Forum

Texas contract termination option

Matt Brown
  • Rental Property Investor
  • Nolanville, TX
Posted

I haven't made an offer on a Texas property yet, but wondering what's a general rule for the termination option? I've read various numbers, just curious what you negotiate (ie $300/10 days, $150/14 days, etc). 

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Khanesia Washington's profile image
Khanesia Washington's profile image
Khanesia Washington
  • Real Estate Agent
  • from Arlington, TX
  • Member since Jun 26, 2017
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Khanesia Washington's profile image
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Khanesia Washington
  • Real Estate Agent
  • from Arlington, TX
  • Member since Jun 26, 2017
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Khanesia Washington
  • Real Estate Agent
  • Arlington, TX
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Khanesia Washington
  • Real Estate Agent
  • Arlington, TX
Replied

Depends on price of home. Ive contracted as low as $100 for 7 days. Max option period 10 days

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