Frequently Asked Question

What is Due Diligence for Home Buyers?: Think of due diligence as the home buyer being given time to do their homework. It is the period of time between an accepted offer and closing, that affords the buyer time to scope out the area, order a Property Disclosure Report, review the Seller's Disclosures (on Form 17), hire inspectors, get an appraisal, title report, the right type of insurance, check the HOA covenants and restrictions, and more.
Why is it important?: Due diligence allows time for the home buyer research, investigate, and analyze information to make sure that the property meets their expectations for the price to be paid. Failure to perform your due diligence means that the buyer is willing to accept the property "as is". For the unwary buyer, this could result in unwanted and costly surprises.

Warning: Even the most diligent research efforts may not uncover all issues or unexpected problems.