Click To View Links

Due Diligence

by Alice
(Michigan)



I always hear make sure you do your due diligence on any property you are considering. What exactly is this and how can I make sure I do it correctly. Thank You

=====ANSWER=====

Hello Alice,

I'm from Michigan also. You must be my neighbor!

What a great question you are asking. When a person is going to do their "Due Diligence" when considering buying their first home, it all starts with what is called "curb appeal".

In other words, how do you like the look of the house from the curb? How do you like the neighborhood? Is the house in a nice bedroom community? Is it on a busy street? How about a corner lot?

Houses on busy streets and corner lots are probably the least preferred.

As far as property value, the Realtor can help you with this. Taxes need to be considered, utilities and their cost.

How are the schools? Is it close to shopping? Then you might even consider a home inspection if it passes these tests.

That's just a few ideas of the due diligence process. By doing this, over time you get a feel for the house and if the pros outweigh the cons then you may want to make an offer on it.

Hopefully this is helpful.

Regards,

Jeff

Comments for Due Diligence

Click here to add your own comments

Property Due Diligence
by: Ramona

I always wondered what people meant by the phrase "do your due diligence". Now I have a better understanding! Thanks!

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Ask The Expert.

New Jersey Grants

Click on Image to Learn More

South Carolina Grants

Click on Image to Learn More

Recent Articles

  1. Great Southern Homes

    Nov 01, 17 03:23 PM

    Great Southern Homes, the biggest Home Builders in South Carolina and a renowned voice in new home constructions. ____________________________________________________________

    Read More

  2. Ann Carr Real Estate

    Nov 01, 17 03:19 PM

    Whether you’re a long-time resident, moving to or moving away from the Abilene, TX area, I hope we can work together to simplify the home buying and

    Read More

  3. South Carolina Real Estate Agents

    Nov 01, 17 03:08 PM

    Looking for South Carolina Real Estate Agents? Find the best SC Real Estate Agents and Brokers listed here in this FREE directory.

    Read More

Buyer Programs

fha loans

The FHA Loan Products

Home Buyer Grants

zero down home loans

Zero Down Home Loans


Follow Us On Twitter

follow me on twitter