What is Due Dilligence when buying a home in 2026?
When it comes to buying a home, t he stakes are incredibly high. Buyers often hear the phrase due diligence and wonder what it means. Due diligence isn't just about a home inspection, a survey or getting your home appraised. It is the forward looking lense when buying. Due diligence is about understanding precisely why you are buying a home. It requires one to peel back the layers to uncover hidden risks, and potential rewards. Another way to think about this phrase is to simply ask; 1. How long will I be in the home after I buy it? Buying and then selling within a short time will easily cost you thousands of dollars. For many areas if you buy and then sell within 5 years, you will likely lose money. 2. What location do I need and desire for my home? All things been equal, you can improve your home but not a bad location. Think hard about the location of your home and what is around the home. The distance from amenities, lack of transport, remote location, ...
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