Common Homebuyer Missteps: Part 4

Home Buyer Misstep #4: Lack of Due Diligence

The concept of due diligence is quite possible the most important tool in a buyer's toolkit. This does not simply mean attending all inspections and asking questions during those inspections- although this is a very important step. Due diligence means going the extra mile to confirm information from sources such as the municipality or even by Googling the property address. While the seller does have the legal responsibility to disclose information on a property, simply trusting the seller is not enough. As a buyer, you want to have as much information as possible before you are fully committed to a particular property. So take some extra time in your home search to understand all the ins and outs of a prospective property. It could save you major headaches down the road.