Offer to Purchase Terms Explained

June 15, 2022

Fixtures vs Personal Property

When touring a home, it is good to know what will be included in the sale and what must be written into the contract to be conveyed in the sale. Anything physically attached to the home or property is a fixture and will be conveyed in the sale. A good ...

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June 15, 2022

Due Diligence & Earnest Money

According to ncrec.gov, Due Diligence Fee is a negotiated amount of money paid by the buyer to the seller in exchange for the buyer’s right to terminate the contract for any reason (or no reason) during the "Due Diligence Period". Earnest Money is a separate amount given by the ...

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