What does “Active Due Diligence” mean?

Meghan Henderson Home Buyer Tips Leave a Comment

While searching for Wilmington homes for sale, did you see the listing status “Active Due Diligence”? If you haven’t bought real estate in the past few years, you may not be familiar with the term. But it’s an important term to know, so we’re here to educate! If you see “Active Due Diligence”, that means the property has a contract …

8 Things to Expect and Not Expect in a Multiple-Offer Situation

Meghan Henderson Home Buyer Tips Leave a Comment

We’re frequently seeing multiple-offer situations in the Wilmington housing market due to the shrinking home inventory, so it’s important for buyers to know what to expect if they find themselves putting an offer in on a home that already has one. Buyers need to understand that it’s not the listing agent who decides how to handle a multiple-offer situation. Ultimately, …