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Real estate
How due diligence works in real estate
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[QUOTE="Augusta, post: 311020, member: 25283"] There's the act of due diligence period of time in real estate which in most times is available in the purchase agreement. This works mostly within the time frame allotted to a buyer to completely assessed a property. You can do a due diligence in real estate by hiring experts to inspect the property or even perform tests on it So that you would know whether to proceed to buy or not So in essence it is to afford the buyer the opportunity to renegotiate the deal of buying which will be based on the findings made or terminate the contract if need be So due diligence enable a real estate buyer have the complete knowledge of what they are buying. [/QUOTE]
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