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

Raleigh Realty

It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract. This is a task that your realtor can be present for on your behalf.

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Does a Home Seller Have to Disclose Repaired Defects?

Hank Miller Team

In many cases, a known easement or encroachment or even pending land use changes can be considered latent defects. Real estate agents have certain obligations as well. While a listing agent might not have the same firsthand knowledge as a seller, they cannot misrepresent the home.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value. The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase.

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