Option Fee

Title Tip: The Option Fee and Proof of Delivery

By Lydia Blair / July 16, 2019 / 0 Comments

The standard Texas residential real estate contract contains several options for buyers to terminate their contract for various reasons. While sellers may not like it, it makes sense that the person bringing the money has the most options. The most popular option is the paragraph that requires the buyer to deliver an option fee for […]

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Title Tip: Show Me The Earnest Money

By CandysDirt.com Contributor / June 14, 2018 / 1 Comment

By Lydia Blair Special Contributor When putting a contract on a property, a buyer can usually expect to write two checks to accompany their contract — an option fee check and an earnest money check. There is no strict rule about how much each of these checks must be. The amount of this up-front money […]

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