What’s the Deal with Making a Cash Offer on a House?
HomeLight
AUGUST 31, 2021
A loan contingent on appraisal could fall through, and the seller would have to find another buyer or reduce the price. Due diligence is the time that a buyer has to investigate a property,” explains Bragg. During this period, the buyer pays a due diligence fee and they lose that money if they terminate for any reason.
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