Asked by: Arvin Parr
asked in category: General Last Updated: 11th April, 2020

How long is due diligence?

The recommended due diligence period is 30 days from the date your offer is accepted by the seller because of the multiple steps and parties involved when you are in the process of buying a home. At its shortest, the due diligence period can be 10 days.

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Likewise, people ask, how long should due diligence take?

60 days

Also, what is a period of due diligence? Due diligence period usually refers to the time after signing a contract that the buyer has to inspect the property and make a decision whether they want to buy the property or lease the property or otherwise go forward with the transaction. Before due diligence expires, you can still walk away.

Besides, what is a 10 day due diligence period?

This is the period of time a buyer has after agreeing to a contract in which to have a professional home inspection done. This gives the buyer detailed information about anything that may be wrong with a given property.

How long is due diligence period in Georgia?

10 to 14 days

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