Remove Construction Remove Due diligence Remove Earnest money deposit
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Buying a House in Atlanta? Be Ready for Hot Summers and Hot Market

HomeLight

Georgia real estate contracts include a due diligence period, typically lasting between 10 and 14 days, so if you’re worried about losing out on a house in a hot market, you can make an offer and take your test drive during due diligence. Source: (I Do Nothing But Love / Unsplash).

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Real Estate Investing for Beginners: Expert Tips for Buying Your First Investment Property

Redfin

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Let’s get started! First, there are property taxes.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Meaning, buyers are charged with performing due diligence during real estate transactions to ensure they’re buying a product they’re satisfied with. This is known as the due diligence period. If the buyer isn’t satisfied with the deal, then they may back out and receive a refund of their earnest money deposit.

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When Is a House Down Payment Due and How Much Do I Need?

HomeLight

Otherwise, earnest money will be held in an escrow account until closing, and the amount is then applied toward your down payment at closing. Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

It’s essentially the idea that if you invest your returns into more investment, that money multiplies. Construction loan. Due diligence period. What if your clients are asking about their due diligence period? Earnest money deposit. Contingency. Related Article.