On the hunt for property? Check the due diligence list first
On the hunt for property? Check the due diligence list first
Today let’s talk about due diligence.
Simply put, this is a time frame allotted for a buyer to study a purchase. Generally, there is no obligation to proceed if something untoward is discovered. Also referred to as a contingency period, a “free look,” or in some cases, an option, these 30-75 day periods are chock full of action.
As a buyer of commercial real estate, you’ll either occupy the…