SELLERS GUIDE
02
Due Diligence Period
Due Diligence Period
- Home Inspection During this phase, the buyer will schedule a professional inspection to thoroughly evaluate the condition of your home. The inspector will assess all major systems, structural components, and note any potential issues. After reviewing the report, the buyer may request repairs, credits, or other concessions based on the findings.
- Appraisal Simultaneously, the buyer’s lender will order a property appraisal to confirm the home’s market value. If the appraisal supports the agreed-upon purchase price, the transaction continues as planned. However, if the appraisal comes in below the contract price, the buyer may seek to renegotiate or adjust terms before proceeding to