When purchasing a home in North Carolina, you will need to write two upfront deposits with the Offer to Purchase and Contract. The two upfront checks are called the “due diligence fee” and “earnest money.” It is important to know that the due diligence fee is non-refundable, and if you are not careful, you could […]
Tag Archives: the home buying process
Beware of Raleigh/Durham Home Closing Delays
The expectation of closing day is supposed to be exciting. You have spent countless hours searching out the best home, negotiating price, and are ready to have the keys in your hand. Unfortunately, the closing process involves many moving parts. The mortgage lender and the buyerās attorney must meet all federal guideline requirements, the appropriate […]