What is Option Period?

Option period is buyers' insurance that allows them to back out of the contract for any reason without disclosing it. If they choose to back out within this period, option money will not be returned to the buyers while earnest money will.

Option period is usually a period of 7 to 10 days starting the day after contract execution. For the option period to have a legal meaning - the option money must be delivered to the seller or the listing agent. Time is of the essence in this situation and  the option money - usually $75-150 (depends of what was negotiated in the contract) are due within 3 calendar days upon the contract execution. The seller or listing agent must receipt the check dating it within those 3 days.

Option period is very common in Texas. For majority of the buyers - this is the time to perform home inspection and discover anything that can be brought to seller as a negotiable item to repair. 

Option period ends at midnight on the last day of the period. By that time, the buyers and the sellers must agree on list of repairs and sign the Amendment to contract. Repairs need not to be made during this time, just an agreement must be reached.

Option period can be extended if both parties agree, for example when one party needs more time to get estimates for repairs.

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Leeza Morris, REALTOR®, Broker, MCNE

(940) 391-5080

Master Certified Negotiation Expert
MBA, GREEN, e-PRO®, SFR, CDPE
Broker/Owner at Cloud Realty (Mi Real Estate Cloud, Inc.)

www.TxCloudRealty.com

Your Time Is Of The Essence 

Denton, TX real estate market goes HOT!

We have been selling Real Estate in Denton, TX for over 8 years and have seen the downs of the latest financial mortgage crisis in 2008-2010, as well the ups of post crisis low interest rate environment which made 2013 the busiest and hottest market after that period. Properties received multiple offers on day one on the market! 2014 was back to normal year, but still days on the market were very minimal and sellers often received full priced offers!

The beginning of 2015 promises to be just like the last two years! Currently, we are in the low inventory period with many buyers looking to purchase their home in Denton, TX!

Currently, there are 183 properties available on the market in Denton, TX, while 122 are under contract! If you are looking to sell your home - call us and we will set a no obligation appointment and walk you thru the proccess step by step! We are local experts!

Check www.TXCloudRealty.com for new listings and updates on homes for sale in Denton, TX~

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Leeza Morris, REALTOR®, Broker, MCNE

(940) 391-5080

Master Certified Negotiation Expert
MBA, GREEN, e-PRO®, SFR, CDPE
Broker/Owner at Cloud Realty (Mi Real Estate Cloud, Inc.)

www.TxCloudRealty.com

Your Time Is Of The Essence 

@Blog #Home for Sale in #Krum at #306 Cheyenne

Buyers looking for an immaculate (better than new!), cozy home just outside the city will fall in love with 306 Cheyenne in Krum, Texas. This 4 bedroom, 2 bathroom home is located just a few miles northwest of Denton, Texas and has so much to offer you.

Walk into this Krum home for sale and enter the open living room with lots of space! Imagine decorating for the holidays in a large space that opens to the kitchen. Entertaining guests is a breeze with the open floor plan!

The master bedroom is roomy with a huge walk-in closet with built-in shoe shelves. Escape to the luxurious master bathroom and enjoy peace and quiet. Wide doorways accommodate wheelchairs if necessary. There are many small details that bring this home for sale together, including decorative lighting and energy efficient features!

Aside from being a wonderful home at 306 Cheyenne, the Eaglechase community in Krum is a great place to be! Click Home for Sale in Krum, TX - 306 Cheyenne in Eaglechase for photos and details about the property and contact Leeza Morris – Mi Real Estate Cloud for more information. 

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Leeza Morris, REALTOR®

Certified Negotiation Expert
MBA, GREEN, e-PRO®, SFR, CDPE
Broker/Owner at Mi Real Estate Cloud, Inc.
Innovative real estate solutions for you
www.MiRealEstateCloud.com

Please Read Information About Brokerage Services
 
cel/txt. 940 391-5080
1308 Teasley Lane #112
Denton, TX 76205

My profiles: Facebook LinkedIn Twitter Yelp Google Blogger YouTube

@Blog #Home for Lease in #Denton, Texas #701 Chateau

If you are looking for a home for lease, look no further than 701 Chateau in Denton, Texas. This home for lease is perfectly cozy with 3 bedrooms, 2 bathrooms, and a good-sized backyard.

Enjoy being close to the Denton Public Library – North Branch and the many free activities and classes they offer for children and adults alike. See their website page City of Denton Library Calendar for more information about these classes. Parents will like the Denton ISD schools nearby the home as well!

Take a peek inside the home for lease in Denton by clicking 701 Chateau - Home for Lease in Denton, Texas. Picture yourself entertaining family and friends in the open living space with the brick fireplace pictured above. Please contact LeezaMorris – Mi Real Estate Cloud for more information. 

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Stay Informed! Sign up for FREE market update!

Leeza Morris, REALTOR®

Certified Negotiation Expert
MBA, GREEN, e-PRO®, SFR, CDPE
Broker/Owner at Mi Real Estate Cloud, Inc.
Innovative real estate solutions for you
www.MiRealEstateCloud.com

Please Read Information About Brokerage Services
 
cel/txt. 940 391-5080
1308 Teasley Lane #112
Denton, TX 76205

My profiles: Facebook LinkedIn Twitter Yelp Google Blogger YouTube

@Blog #SOLD at #1305 Paco Trail #Denton, Texas

Mi Real Estate Cloud is happy to congratulate the buyers and sellers of 1305 Paco Trail in Denton, Texas. This SOLD HOME is a 3 bed / 1 bath charming home, near shopping, schools, parks, and dining in Denton. Click SOLD home at 1305 Paco Trail Denton, Texas to see details on this sold home.

One of the great things about this neighborhood is how near it is to the DCTA A-Train! The A-Train can get you from Denton to Downtown Carrollton in no time. Switch over to DART and get to Downtown Dallas without any traffic hassles! Click DCTA Information for details on this great service in Denton. 

There are many other great homes for sale in Denton, Texas. Contact LeezaMorris – Mi Real Estate Cloud for more information!

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Stay Informed! Sign up for FREE market update!

Leeza Morris, REALTOR®

Certified Negotiation Expert
MBA, GREEN, e-PRO®, SFR, CDPE
Broker/Owner at Mi Real Estate Cloud, Inc.
Innovative real estate solutions for you
www.MiRealEstateCloud.com

Please Read Information About Brokerage Services
 
cel/txt. 940 391-5080
1308 Teasley Lane #112
Denton, TX 76205

My profiles: Facebook LinkedIn Twitter Yelp Google Blogger YouTube

Just SOLD in #Denton, Texas #Country Lakes

Mi Real Estate Cloud is happy to congratulate the buyers and sellers of 5916 Meadowglen Drive in Country Lakes in Denton, Texas!

Country Lakes is a great community with many amenities for residents. Enjoy the pool, hiking trails, the playground, and the community clubhouse. Nearby schools include the award-winning Denton ISD and Argyle ISD. Students and parents will be pleased with the programs at both school districts.

You can read more about County Lakes and all it has to offer you at Country Lakes in Denton, Texas. Contact Leeza Morris – Mi Real Estate Cloud for more information! 

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