Construction Due diligence Inspection contingency Loans 
HomeLight
MARCH 30, 2021
As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist.
Hank Miller Team
DECEMBER 1, 2021
Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. There are more buyers waiving due diligence and purchasing homes "as is" than ever before. The buyer is spending money and possibly losing the deal.
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HomeLight
AUGUST 9, 2022
To make a long story very short, your down payment is officially due at the time of closing. This means that on a $200,000 house, new buyers were putting up at least $12,000 and using a mortgage loan to cover the remaining balance. So the down payment is due at closing? Again, more on this later!).
HomeLight
SEPTEMBER 15, 2021
The payoff amount is the total you’ll have to pay to satisfy the terms of your mortgage loan, including any interest you owe until the day you plan to pay your loan in full. If a buyer’s mortgage lender requires a copy of the homeowners insurance, you’ll need to provide it for the loan to be approved. Home inspection report.
HomeLight
FEBRUARY 28, 2021
New homes are in huge demand in SLC and the supply is low, but construction is booming and more houses are hitting the market. Brown notes that in the age of COVID-19, some people are removing the due diligence period and will buy a house as is, without an inspection. Source: (Josh Hild / Unsplash).
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