The Due Diligence Fee in North Carolina is one of the most talked about subjects for home buyers. This fee is NON refundable. In the video, I explain the ONLY two ways you are getting it back. Hint – it has NOTHING to do with inspections or financing. Many homebuyers in Cabarrus County North Carolina will ask “What is the average due diligence fee?”. Although it is completely negotiable, the past few years have made it 99% impossible to get an offer accepted without one. Furthermore, the amount will often depend on market conditions at the time, and the condition of the home. Currently, we are seeing an average of around 1/2%-1% of the purchase price. Of course if there are multiple offers, that may change. Your trusted Real Estate Agent will help navigate through that process.
Kim Drakulich
26 reviews
Reviewed by Kamryn (Vendor) 20 Feb 2024
Leave a Reply