As mentioned last week, let’s walk you through some more Due Diligence Period details. You have an Accepted Contract and now you are on a countdown to get your Home inspected (3 or 4 inspectors for this one…you can have many more, depending on how bad off the home is you are thinking of purchasing). In this case we have 10 Business Days to get it all looked at and then make the Final Decision to:
So right now you have been working with your Realtor® to get the Inspections scheduled. Your Realtor® would not really want to recommend anyone at this point, as there are legal issues associated with the What-Ifs. What if an Inspector missed a big issue for example..? Then you would be mad at the Realtor® for recommending them and take legal action. So it is best that YOU vet out ALL your contractors and/or Inspectors. The Realtor® could let you know who others have used in the past and give you a list for you to call and schedule yourself.
At this time (blog getting long), let’s say you have scheduled the Home Inspector, then the General Contractor and the CL100 (Termite, Wood Rot, Infestation, Mold, etc) Inspection. Next week we will go through them one by one. You also need to consider a Surveyor to come out and check property lines and elevation. Is your home in a Flood Zone (hello…you are in The Low Country…….almost everywhere is a Flood Zone….smile).