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What is the Due Diligence Period?

Meghan Riley Home Buyer Tips Leave a Comment

The first stages of buying a home include getting pre-approved, hiring a REALTOR™, and finding the perfect home. But what happens after a buyer makes an offer that’s accepted? In North Carolina, acceptance is immediately followed by a stage of investigation called the Due Diligence Period. What is the Due Diligence Period in North Carolina? As soon as a buyer …

Construction Notes

After Hurricane Florence: Inspection Updates for New Hanover, Pender, and Brunswick County

Melanie Cameron Homeowner Tips

This information was provided by Wilmington-Cape Fear Home Builders Association, a non-profit organization. They have been a great resource after Hurricane Florence. If you have ties to real estate and are not a member, consider joining. Their efforts help to promote quality, affordable housing and commercial development. Hurricane Florence Update – Bulletin #7 Here is a general Inspection Department update …

Melanie Cameron - Survey

Do I Need to Get a Termite Inspection? | Home Buyer Tips

Melanie Cameron Home Buyer Tips Leave a Comment

Realtor Melanie Cameron explains why it’s recommended to get a termite inspection when buying a home for sale. This is especially important for homes sold in humid locations, like North Carolina. Get more great tips in our 60-page Buyer Guide. Don’t forget to comment, share, and like this video on Facebook and YouTube to be entered into the monthly gift …

Should I Have a Home Inspection Completed Before the Appraisal?

Meghan Riley Home Buyer Tips Leave a Comment

When your North Carolina Offer to Purchase is accepted by the seller, you immediately enter into the Due Diligence Period. This is a period of time that you, as the buyer, can investigate certain concerns about the property, have inspections completed, and finalize your financing without fear of losing your earnest money, if you choose to back out of the …

If I Get a Home Warranty, Do I Need to Get An Inspection?

Meghan Riley Home Buyer Tips Leave a Comment

Your offer has been accepted and you’re now in the Due Diligence Period. This is when all of the digging begins – inspections, surveys, appraisals, title searches, HOA research, etc. This includes the home inspection, which is a close look at all the major systems of the house to make sure there’s nothing wrong with them. The results can be …

In Addition to a Mortgage, What Costs Should Be Factored Into Owning a Home?

Meghan Riley Home Buyer Tips Leave a Comment

For some home buyers, the extra costs of owning a home can be a surprise. When calculating how much home they can afford, they focus wholly on the mortgage payment (including taxes and PMI), which is, of course, a large chunk of their monthly expenses, but there are some other expenses they may or may not be aware of. We …