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<title>Puurple / BHohnson / Voted News</title>
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<pubDate>Tue, 03 Jun 2008 20:53:32 -0700</pubDate>
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<title><![CDATA[Did You Get Your Rebate Check? Help the Local Economy - BUY A HOUSE!!!]]></title>
<link>http://www.puurple.com/Buying/Did_You_Get_Your_Rebate_Check_Help_the_Local_Economy_-_BUY_A_HOUSE/</link>
<comments>http://www.puurple.com/Buying/Did_You_Get_Your_Rebate_Check_Help_the_Local_Economy_-_BUY_A_HOUSE/</comments>
<pubDate>Tue, 03 Jun 2008 20:53:32 -0700</pubDate>
<dc:creator>susanhilton</dc:creator>
<category>Buying</category>
<guid>http://www.puurple.com/Buying/Did_You_Get_Your_Rebate_Check_Help_the_Local_Economy_-_BUY_A_HOUSE/</guid>
<description><![CDATA[Did you receive your stimulus package rebate check? Help the economy - buy a house!<br/><br/>7 Vote(s) ]]></description>
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<item>
<title><![CDATA[A Thief Cana4t Break Into a Room He Cana4t Finda4]]></title>
<link>http://www.puurple.com/Offbeat/A_Thief_Canrsquot_Break_Into_a_Room_He_Canrsquot_Findhellip/</link>
<comments>http://www.puurple.com/Offbeat/A_Thief_Canrsquot_Break_Into_a_Room_He_Canrsquot_Findhellip/</comments>
<pubDate>Tue, 03 Jun 2008 20:49:29 -0700</pubDate>
<dc:creator>susanhilton</dc:creator>
<category>Offbeat</category>
<guid>http://www.puurple.com/Offbeat/A_Thief_Canrsquot_Break_Into_a_Room_He_Canrsquot_Findhellip/</guid>
<description><![CDATA[A thief can't break into a room he can't find. Ever thought about having a room that no one knows about? How would you make it work?<br/><br/>7 Vote(s) ]]></description>
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<title><![CDATA[Career in Real Estate? - What Do You Need?]]></title>
<link>http://www.puurple.com/Buying/Career_in_Real_Estate_-_What_Do_You_Need/</link>
<comments>http://www.puurple.com/Buying/Career_in_Real_Estate_-_What_Do_You_Need/</comments>
<pubDate>Tue, 03 Jun 2008 20:31:24 -0700</pubDate>
<dc:creator>susanhilton</dc:creator>
<category>Buying</category>
<guid>http://www.puurple.com/Buying/Career_in_Real_Estate_-_What_Do_You_Need/</guid>
<description><![CDATA[Sometimes a career in real estate feels like this picture. You are starting off on uneven steps walking into the unknown. It is a daunting task ...<br/><br/>7 Vote(s) ]]></description>
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<title><![CDATA[Are You Drowning? Are You Behind in Your House Payments? Dona4t Wait!!!]]></title>
<link>http://www.puurple.com/Selling/Are_You_Drowning_Are_You_Behind_in_Your_House_Payments_Donrsquot_Wait/</link>
<comments>http://www.puurple.com/Selling/Are_You_Drowning_Are_You_Behind_in_Your_House_Payments_Donrsquot_Wait/</comments>
<pubDate>Tue, 03 Jun 2008 20:21:24 -0700</pubDate>
<dc:creator>susanhilton</dc:creator>
<category>Selling</category>
<guid>http://www.puurple.com/Selling/Are_You_Drowning_Are_You_Behind_in_Your_House_Payments_Donrsquot_Wait/</guid>
<description><![CDATA[Are you drowning in debt? Are you getting behind in your house payments? Are you thinking you may be faced with a foreclosure? LET ME KNOW!!!<br/><br/>7 Vote(s) ]]></description>
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<title><![CDATA[The Century Tree Reader Blog]]></title>
<link>http://www.puurple.com/Buying/The_Century_Tree_Reader_Blog-1/</link>
<comments>http://www.puurple.com/Buying/The_Century_Tree_Reader_Blog-1/</comments>
<pubDate>Tue, 03 Jun 2008 20:06:28 -0700</pubDate>
<dc:creator>susanhilton</dc:creator>
<category>Buying</category>
<guid>http://www.puurple.com/Buying/The_Century_Tree_Reader_Blog-1/</guid>
<description><![CDATA[Can I Cancel My Contract? Do I Have 3 Days? But I Changed My Minda4.yes - no - maybe....    We are often asked if a Buyer can cancel his contract during the &quot;3 day right of recissiona4&quot;  Sorry but to do this would mean that mixing several laws into onea4 Real estate is NOT like thata4 well sometimesa4.. but not always.When a Buyer finds the right home to purchase they write an OFFER (not a contract yet) with a Buyer's Agent.  The Offer is given to the Listing Agent and then presented to the Seller. If the Seller accepts the Offer and signs it you now have a CONTRACT which is a legally binding agreement between Buyer and Seller.So, Susan, where do the 3 days come in? Well normally in the Bryan and College Station area it isn't 3 days - it is more like 7.  To have this Option Period with an &quot;unrestricted right to terminate&quot; there must be an Option Fee presented to the Listing Agent/Seller. This Option Fee amount is a negotiable fee but in our area it is usually around $100.  During this time (length of time is a negotiable item between the Buyer and the Seller) the buyer may have inspections, check insurance prices, talk with a lender, bring in friends and family or just sit and stare at the house until they know for sure this is the one for them. You mean the buyer can pay the a4$100a4 and then just walk away during the Option Period for NO reason? The Option Period is not a &quot;3 day right of recission&quot; but it does give the buyer a little time for review, reflection and Buyer's remorse. This time is for buyers to work on making sure they can get their loan, that they love the house, that they are sure it has no defects they can't live with or anything else. Remember this is at the BEGINNING of the transaction NOT after the Buyer signs the closing papers and pays for the house!You had your &quot;right to change your mind&quot; BUT this does NOT work after you go to a4closing'. At closing the buyer signs forms and pays his money while the seller accepts the money, signs the deed and other forms and the title to the property is transferred. Now you do NOT have 3 daysa4 When you sign and pay - YOU OWN IT!Once your Option Period has passed you have given up your right to terminate for most reasons so it is expected that you will be going through with the transaction and buying the house.Do you have questions? Let me know!Susan HiltonSusan Hilton - Realtor &amp; Sales Trainer for Century 21 Beal, Inc. #1 in Real Estate in Bryan and College Station Home SalesBryan College Station Real Estate &amp; Community Blog<br/><br/>7 Vote(s) ]]></description>
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