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What is Due Diligence When Buying a Home and Why is it Important?
Due Diligence When Buying a Home - It's Important!
 
When buying a home in Carlsbad CA, or anywhere for that matter, it’s critical to do your due diligence as the buyer during the contract period, which will vary not only by state but by what might be negotiated between you and the seller. You will want to check with your Realtor about your specific rights and obligations.
 
Thorough due diligence is essential to ensure you know as much as possible about the property you are buying so you can make an informed decision about whether to proceed with the purchase within the defined time frame in the contract, or not.
 
And keep in mind there are certain contingencies in the contract that must be removed by a particular time (e.g., home inspection) and which depend on your due diligence and investigation. You can read more about how to remove contingencies here!
 
Here in California the Residential Purchase Agreement (RPA) sets forth the time period, often also referred to as the contingency period, during which a buyer has some pretty specific and important tasks to carry out. These tasks include, but are not limited to, the following:
 
Home Inspection (read how to prepare for your home ... more

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