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Real Estate - Home ยป FAQs ยป Due Diligence

Due Diligence

January 26, 2023 By Libby Guthrie Leave a Comment

A

Due Diligence

Posted by Libby Guthrie
Due Diligence
Due Diligence

What is Due Diligence?

How to prevent #buyersremorse ๐Ÿ‘‡

When buying a home, itโ€™s extremely important to do your โ€œdue diligence.โ€ During this period, youโ€™ll look into the condition of your chosen property and compare it to other homes like it to make sure itโ€™s really a good fit and value.

When a homebuyer investigates facts about the physical and financial condition of the property and its area before they make an offer and after their contract is accepted.

Due diligence is reasonable steps taken by a person in order to satisfy a legal requirement, especially in buying or selling real estate.

As your agent, weโ€™ll guide you through this process by pointing out and addressing any of the homeโ€™s red flags so you feel completely confident about your purchase.

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Category: Home Buyers
Tags: Homebuyer Terms, Real Estate Terms

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
๐Ÿก Helping You Make the Move to Knoxville
๐Ÿ“ฑ Cell: 865-364-0200
๐Ÿก Good People, Great Homes!

๐Œ๐จ๐ฌ๐ญ ๐๐ฎ๐ฒ๐ž๐ซ๐ฌ ๐–๐š ๐Œ๐จ๐ฌ๐ญ ๐๐ฎ๐ฒ๐ž๐ซ๐ฌ ๐–๐š๐ง๐ญ ๐š ๐Œ๐จ๐ฏ๐ž-๐ˆ๐ง ๐‘๐ž๐š๐๐ฒ ๐‡๐จ๐ฆ๐žIs your home TRULY move-in ready? The majority of homebuyers say it's important!Don't let outdated features or minor repairs stall your home sale.Visit our blog for an action plan to prep for today's market!๐Ÿ”— [Link in Bio]#homestaging #moveready #sellingtips #homeupgrades #realestatestrategy #sellerprep
Here's the big question: Would you ratherโ€ฆโฃ
โฃ
๐Ÿ…ฐ Pay less for a home today with a higher mortgage rate?โฃ
ORโฃ
๐Ÿ…ฑ Wait and pay more for a home with a lower rate?โฃ
โฃ
๐Ÿ‘‰ If you're unsure, consider this: Buying at a lower price (even with a higher mortgage rate) can mean less competition and a chance to refinance later if rates drop.โฃ
โฃ
Which would you choose? Let us know in the comments! ๐Ÿ’ฌโฃ
โฃ
#RealEstate #RealEstateAgent #HomeBuyingTips #MortgageRates #WouldYouRather
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