Due Diligence

The investigation period (typically 30-60 days) after a purchase agreement where buyers verify all aspects of the property: physical condition, financials, legal status, and market position.

Key Points

Understanding due diligence is essential for evaluating real estate investments
This concept helps investors compare opportunities objectively
Our Free Snapshot tool automatically calculates relevant metrics for any property

Related Terms

Title Insurance

Insurance that protects against financial loss from defects in title to real property. Title issues could include unknown liens, fraud, errors in public records, or undisclosed heirs claiming ownership.