Getting a lawyer is a smart move when it comes to option agreements. They can help navigate the legal waters and ensure that everything is above board, so you're not left high and dry.
Once an option agreement is in place, sellers can't just change their minds without consequences. They are bound by the terms, so it’s important for both parties to understand their rights and obligations.
While they aren't the norm, option agreements are certainly used in Seattle, especially in competitive markets where buyers might want to secure a property while they figure things out.