Remove Contracts Remove Easement Remove Lending Remove Sellers
article thumbnail

7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

article thumbnail

11 Land Buying Tips: How to Buy Land

Raleigh Realty

And if you are buying with cash, you'll want proof of income to show the seller's agent. It will help you learn if there are any easements or restrictions on the land that you need to know about. There may be a representative of the lending institution present to make the payment to the seller.

article thumbnail

9 Things to Know BEFORE Your Home Appraisal

Raleigh Realty

They can keep buyers up at night after going under contract on a home. The seller accepts your offer and you are officially under contract and the home will be marked contingent. Mortgage lenders do not want to lend more money for a home than the home is worth. 9 Things to Know BEFORE Your Home Appraisal Home appraisals.

Appraisal 148