I’m fine waiting out the redemption period before taking possession but I don’t want to tie up funds if I’m not going to get the property in 6 months.

Hey there,Looking to make a home purchase with a new agent and there is a clause in the exclusivity contract.Is it common to list a "protection period" for several months after the contract ends?

I’m fine waiting out the redemption period before taking possession but I don’t want to tie up funds if I’m not going to get the property in 6 months.

@Crane Xu, some lenders have a seasoning period, where you need to own a property 6 or 12 months to refi.

Investing in Frisco is very tricky Period.

If they are so certain that the ROI will be higher than the guaranteed 10% after the 1st year, why are they not guaranteeing for a longer period?

In most cases, there would be a deadline marking the end of your inspection or due diligence period.

STRs will provide a much higher return, but require more periodic maintenance of course.

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They may agree to lower it for you for a period but I would not be shocked if they have a hard time doing something on your homes that is out of sync with everyone else homes they manage.