Welcome to my blog! My name is Amanda Evans Marsh, and I'm your local real estate expert. Based in Union County, North Carolina (with real estate offices in Monroe and Marshville), I'm here to help you navigate real estate transactions in Mecklenburg, Union, Anson, Stanly, and surrounding counties.
What is due diligence anyways?
The due diligence period is a time for the buyer to make important decisions, test the quality of the home, and ultimately decide whether or not to buy or to walk away. The due diligence period in North Carolina is a negotiation in the offer to purchase and contract a home. It is typically somewhere between two weeks and a month away from the date the contract is signed.
Common questions and answers about NC due diligence:
What is due diligence?
“Due Diligence” is the buyer’s opportunity to engage in a process of further investigation of the property and the transaction as described in the Offer to Purchase form within a period of time agreed to by the seller and buyer.
How much does due diligence cost?
When does it start?
What do I do during due diligence?
What might the buyer investigate during “Due Diligence”?
How long is due diligence?
Is there a limit to inspections and repair requests?
What can the buyer do if the seller refuses a repair request?
If the seller agrees, when are repairs done?
Can the buyer inspect that repairs were done appropriately?
What happens at the end of the “Due Diligence” period?
If the buyer decides to terminate the contract under the “Due Diligence” clause, must the seller agree?
Bottom Line
Feeling overwhelmed? Don't be! Whether you're looking for real estate in Mecklenburg, Union, Anson, Stanly or other surrounding counties -- Amanda Evans is here to ensure you have the best representation, no matter what your end goal may be.
I'm ready to talk when you are, give me a call/shoot me a text (770)-653-7370.
Make it a great one, y'all!
Real Estate buying and selling service areas for Amanda Evans, Realtor/Broker include (but are not limited to: Mecklenburg, Union, Anson, Stanly, and surrounding counties. Amanda services sellers/buyers with their residential, land, commercial, farm and estate needs. With offices in Monroe and Marshville, North Carolina, Amanda can meet you on site for an appointment at your convenience.
Amanda's Hot Areas for purchase/sale 2022: Matthews, Mint Hill, Indian Trail, Monroe, Wingate, Marshville, New Salem, Unionville, Fairview, Waxhaw, Weddington, Wesley Chapel, Peachland, Polkton, Locust, Midland, Oakboro, Norwood, and Stanfield North Carolina.
Sources:
http://eldrethlaw.com/blog/what-is-the-due-diligence-period-in-north-carolina/#:~:text=The%20due%20diligence%20period%20is,purchase%20and%20contract%20a%20home.
https://bulletins.ncrec.gov/due-diligence-questions-and-answers/
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