The due diligence period
Due diligence is your time, after going under contract, to check the home out and make sure you still want it on the same terms.
What usually happens:
- You bring in a home inspector to walk the property (often a few hours).
- If something material turns up, you can ask the seller to reduce the price, give a credit, or make repairs, or a mix, through a repair request.
- You confirm everything else that matters to you before your inspection deadline passes.
GIDDY DIGS surfaces a due diligence checklist right inside your transaction so nothing important gets skipped, including the wire-fraud warning. Closing-money scams are real: always verify wire instructions by phone using a number you trust, never one pulled from an email.
Keep an eye on your due diligence deadline in the transaction view. Once it passes, your options to renegotiate or back out narrow. For advice specific to your situation, consult a licensed attorney.