Remove Development Remove Earnest money deposit Remove Seller disclosure
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What is Due Diligence in Real Estate?

Redfin

In some states, buyers may also pay due diligence money—a non-refundable fee paid directly to the seller in exchange for this inspection window. While not required everywhere, it’s an important part of the process in certain markets and is separate from the earnest money deposit.

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Big-City Convenience with Small-Town Charm: How to Buy a House in Arlington

HomeLight

You’ll need to crunch the numbers to develop a realistic budget for Arlington’s housing market. . Minimal seller disclosures. Virginia requires a seller to disclose material defects , but not latent defects. The high cost and limited availability of land mean most residents live in vertical developments.