What is Due Diligence in Real Estate?
Redfin
JUNE 23, 2025
During the due diligence period, the buyer is allowed a set amount of time, typically outlined in the purchase agreement, to fully investigate the property before finalizing the sale. If the appraisal is lower than the purchase price, it can lead to renegotiation or an appraisal gap issue.
Let's personalize your content