Development Due diligence Earnest money deposit Proof of funds 
HomeLight
MARCH 16, 2023
Ramcharitar advises asking for proof of funds such as a bank statement to ensure the buyer has enough resources to cover the price of the home. The buyer does due diligence during the option period in Texas. Krueger says the due diligence period in Houston is typically 10 days for an agent-assisted sale.
The Close
DECEMBER 29, 2022
These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. Cost of funds index (COFI). Due diligence period. What if your clients are asking about their due diligence period? Earnest money deposit.
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