If you’re buying a home in Bastrop, you’ll hear the term “option period” a lot. It’s one of the most important—but often misunderstood—parts of the Texas homebuying process.
Let’s break it down in plain English and explain why it gives you major protection as a buyer.
1. What Is the Option Period?
The option period is a short timeframe (usually 3–10 days) after your offer is accepted, during which you can cancel the contract for any reason—and keep your earnest money.
This is when you:
- Schedule inspections
- Review reports
- Negotiate repairs
2. How Much Does It Cost?
You pay an option fee (typically $100–$300) directly to the seller.
This fee is non-refundable but gives you the right to terminate during the option window.
3. Why It Matters in Bastrop
Homes here often have:
- Septic systems
- Older roofs or HVACs
- Rural infrastructure (like propane or private wells)
The option period is your chance to inspect everything thoroughly and back out if needed—without losing thousands.
4. Pro Tips
- Always use licensed Bastrop inspectors
- Don’t skip the septic or pest inspection in rural areas
- Use the report to negotiate repairs or credits
Final Thoughts
The option period gives you time to breathe, inspect, and protect your investment. Don’t skip it—and don’t rush it. I’ll help you make the most of it in every Bastrop deal.
🧾 Need a sample timeline or inspection checklist? Let’s talk before your next offer.
