Due Diligence

Do your due diligence prior to closing on any property. Ensure that the data you are provided is accurate. MLS listings say at the bottom of every page, “Information deemed reliable but not guaranteed.” This is an important statement that is often overlooked in the Purchasers’ (and often enough, the Realtors’) zeal to get to Contract and Close. While most do their best to provide the best and most accurate information, mistakes happen.

Verify property lines. Verify that the train “doesn’t run after 11pm” (I have actually heard that one from an unwitting Purchaser – after closing!).  Make sure that DSL or Cable actually run to the house. To whom does the liquid propane tank belong? In general, ask those questions … just to make sure.

(Visited 1 times, 1 visits today)