7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate
Raleigh Realty
AUGUST 17, 2021
Introduced in 2011, due diligence money is a fee that is paid directly to the seller in a real estate transaction and is due immediately though sometimes it is paid a few hours after the execution of the contract. Inspections are an expense that is paid by the buyer. You can be present during your inspection, but it is not required.
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