MCCORD REALTOR

View Original

What is due diligence?

When buying a house, or watching HGTV, you might hear people talk about due diligence. What is due diligence? Essentially, it’s doing your homework and investigating the details of an investment you’re looking to make. In home buying this is the time allotted to check out the property by having licensed pros weigh in.

This is when home inspections, appraisals, loan applications, etc are conducted. I made a short video explaining how due diligence and contingencies work hand in hand. Check it out HERE.

Make sure you give the video a thumbs up and subscribe to my YouTube channel (also, click the notification bell so you receive an alert when that new video comes out). I put out a new video every week to help first timers and veterans that could use a refresher understand the real estate purchasing process.

Leave a comment and share the video with a friend.

See this social icon list in the original post