Remove Construction Remove Due diligence Remove Proof of funds Remove Termite Report
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Construction loan. Due diligence period. What if your clients are asking about their due diligence period? Liens can come from unpaid mortgages, construction bills, even HOA fees. Proof of funds. Buyers with all-cash offers still need a proof of funds letter, but for the entire amount.