Real estate blog entries tagged with due diligence period by Richard Weisser, Richard Weisser Retired Real Estate Professional (Richard Weisser Realty)

Home : Blogs : Richard Weisser : Coweta County Real Estate Facts and Info by Richard Weisser : Tag "due diligence period"

due diligence period: How long should a due diligence period last? - 09/14/13 10:31 AM

One of the terms commonly addressed in a real estate offer is the length of the due diligence period.
The due diligence period allows the buyer to make all necessary inspections and investigations about the condition of the property and the neighboring area.
A seller does NOT have to agree to ANY amount of time, but most buyers would either walk away or offer a lower price.
ANY period of time can be negotiated between a buyer and a seller. Typical number range from 7-14 days for single-family residential properties and substantially longer for raw land, commercial, or multi-family parcels.
Keep … (25 comments)

Related Links: