Due Diligence is not only a time-intensive process but also a financial one. It's important for buyers to understand that they'll incur costs during this period.
To begin with, there's a fee associated with ending Due Diligence, regardless of the outcome. This fee is typically non-refundable and serves as compensation for the seller's time and commitment to the transaction.
Additionally, buyers often enlist the services of various outside experts during Due Diligence. This includes inspectors for areas like termite, home, and environmental inspections. These professionals thoroughly examine the property to identify any potential issues or concerns.
Furthermore, buyers may opt to bring ...