Understanding Option Periods in Texas Real Estate—What Buyers and Sellers Should Know

by Tammi Freund

 

If you’re buying or selling in Texas, you’ll hear the term Option Period—but many people don’t fully understand what it means. This short window can be a game-changer in negotiations.


What Is the Option Period?

In Texas, the Option Period is a negotiated time frame after contract acceptance when the buyer can terminate for any reason—usually after inspections—by paying a small Option Fee.


For Buyers

  • Use it for inspections

  • Negotiate repairs or credits based on findings

  • Walk away without penalty (beyond losing the Option Fee) if needed


For Sellers

  • Expect buyers to negotiate during this time

  • Have your home in good repair to reduce surprises

  • Work with your agent to manage requests

Bottom Line

Handled correctly, the Option Period protects buyers and helps sellers close smoothly.

📲 The Freund Group at FIV Realty will guide you through every step—making sure your interests are protected whether you’re buying or selling. Let’s talk today.

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Tammi Freund

+1(281) 686-4109

tammi@freundgroup.com