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As a homebuyer, or an investor, we expect the professionals we hire to look after their area of specialty.
Realtors handle the purchase and sale… mortgage Brokers handle the financing…home Inspectors handle the inspection…
But what’s missing?
That’s a tough question to answer when you don’t know what you don’t know.
Due diligence is our responsibility as the one buying a property, but we need to know what to look for during the “DD” period.
You see, it’s not enough just to hire a team of professionals to help. All of the licensed professionals can be the best in their field, but there's always a chance for gaps to appear between their areas of specialty.
For instance… What is the zoning on the land?
It's possible that if the property isn’t zoned correctly, a lender won’t finance it.
All it takes is a small miscommunication, or a small gap in knowledge, to make a deal go south in a hurry.
On this episode of the “Real Investment Property Income” podcast, we’re talking about due diligence, and what to look out for when you’re buying a property. Whether you’re an investor, or buying your first place, you’ll want to take some notes during this one.
www.guidetothegrind.com
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As a homebuyer, or an investor, we expect the professionals we hire to look after their area of specialty.
Realtors handle the purchase and sale… mortgage Brokers handle the financing…home Inspectors handle the inspection…
But what’s missing?
That’s a tough question to answer when you don’t know what you don’t know.
Due diligence is our responsibility as the one buying a property, but we need to know what to look for during the “DD” period.
You see, it’s not enough just to hire a team of professionals to help. All of the licensed professionals can be the best in their field, but there's always a chance for gaps to appear between their areas of specialty.
For instance… What is the zoning on the land?
It's possible that if the property isn’t zoned correctly, a lender won’t finance it.
All it takes is a small miscommunication, or a small gap in knowledge, to make a deal go south in a hurry.
On this episode of the “Real Investment Property Income” podcast, we’re talking about due diligence, and what to look out for when you’re buying a property. Whether you’re an investor, or buying your first place, you’ll want to take some notes during this one.
www.guidetothegrind.com