Local real estate experts say homes sell quickly in McKinney and the hot market requires prepared, decision-ready buyers.
Buying process
Making an offer In a hot market, buyers have less time and room for negotiation.
Acceptance of the offer
NewsMcKinney
Homebuying Guide
Homebuying Guide
KW
1 min read
Open title Once the sale contract is agreed upon, a copy of the contract and earnest money are delivered to the title company.
Option period This is a window (usually 10 days) secured by option money in which the buyer can inspect the home or exit the deal without losing the earnest money.
Inspections Buyers should hire a home inspector to check the house during the option period.
Appraisal Lenders require an appraisal to ensure the property’s value.
