"What do you mean I have to pay two fees?" Realtor Melanie Cameron breaks down the differences between the Due Diligence Fee and Earnest Money Deposit when buying a home, including which ones are credited to the buyer at closing and which one gets refunded if they terminate the contract in a timely manner.
Sometimes simply explaining the difference helps to bring clarity to the situation.
Melanie Cameron
Wilmington, NC
Great advice, enjoy your day and have a wonderful, safe Holiday weekend. Bill
Melanie Cameron
Wilmington, NC
Bill Salvatore - East ...
Chandler, AZ
Good morning Melanie,
I like your simple explanation of how these two fees differ! Once buyers understand the fees they don't have a problem with it because they are both a benefit!
Melanie Cameron
Wilmington, NC
Great information, thanks for sharing. I hope you have a great day.
Melanie Cameron
Wilmington, NC
Comments(5)