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North Carolina Real Estate Q&A Discussion Forum
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Updated almost 3 years ago, 01/08/2022

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Scott Calafiore
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Due Dilligence Money For Cary, North Carolina

Scott Calafiore
Posted

I'm thinking of buying a house in Cary near my brother, not necessarily an investment, but of course I do want to get a good deal. I was planning on doing 10-20% down. Cary is very competitive. My agent suggested that I put 10% as my due diligence to win the property. This is before inspection and really before seeing the property except online. Now I know it's competitive, but I'm curious from someone that has experience in the area if this is normal and actually what it takes to win a property there or if it's just insane to put 10% as due diligence payment?

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