what happens after the option period
Since more damage discovered AFTER inspection and option period had expired, and we had severe rain storms, and I was IN THE HOME DURING THE RAIN STORM, to see water seeping under the doors into the kitchen, I requested ANOTHER inspection. Seller refused to let us enter home after storms.
Buyer has an Option Period, usually 7 to 10 days, to examine the property and conduct whatever other due diligence buyer deems appropriate. During this Option Period, the ball is entirely in the buyerâs court. If the buyer does not terminate prior to the end of the Option Period, the deal continues unchanged.