O'Hara has enjoyed a successful loan spell at Molineux during the second half of the campaign and scored in Sunday's 3-2 home defeat by Blackburn.
He is keen to stay and revealed a fee has been agreed between the clubs but is now waiting to here from Wolves boss Mick McCarthy that he has a long term future at Wolves.
Staying up: Jamie O'Hara (right) netted a crucial goal for Wolves on Survival Sunday
O'Hara said: 'I think they've got a week to decide what they want to do. I want to stay. Hopefully the gaffer will want me to stay. I haven't spoken to him about it to be honest.
'We will see what happens. Hopefully I'll be speaking to him over the next week or so and get something sorted.
Child's play: O'Hara celebrates after the final whistle
'There is a deal on the table and they need to say that they want me. We will see what happens. There is an agreed fee with Tottenham, which has got to be done within a week, but that is up to the chairman (Steve Morgan) and the gaffer (McCarthy) to see what they want to do.
'I want to get myself sorted. I'm happy here and enjoying my football.'
O'Hara added: 'I'm not going back to London. I'm staying here until I know what is going on. I've moved out of my house. I'm up here. I'm not planning on going back to London. My whole family is settled up here and I've got some great friends here so we'll see what happens.'
O'Hara was relegated last season when on loan to Portsmouth but claimed: 'This is completely different. This club is a proper football club. It is run fantastically, the chairman is brilliant, the gaffer is absolutely amazing. He gets everyone involved in everything. It's a proper football club and it's been a real honour to play for this club.'
Midfielder Stephen Hunt scored the second goal against Blackburn which kept Wolves up before Birmingham's last-gasp defeat at Tottenham meant they eventually finished a point clear of trouble.
Irishman Hunt was desperate to make an impact after an injury hit campaign and admitted he took inspiration from Leinster's comeback against Northampton to win rugby union's Heineken Cup.
Hunt said: 'I said three weeks ago that I needed to have a short-term impact for the lads that have worked their socks off all season and to try and help them after what they've been through. Luckily I've done that in the last three games.
Decision time: O'Hara's fate rests in the hands of Molineux manager Mick McCarthy
'Mick's half-time team talk got us going again after we were 3-0 down but you also saw what Leinster did in the Heineken Cup on Saturday.
'We didn't win like they did but I saw Johnny Sexton (scored 28 points). I looked to him and what he did and that inspired me a little bit.'
Hunt went down with Reading and Hull and admitted: 'I'm still hurting from the relegations. Of course it still hurts. But we move on now at Wolves, we learn from it, we'll try and get better as a team and get better as a club.'
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Source: Daily Mail
Source: Daily Mail