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All Forum Posts by: Scott Calafiore

Scott Calafiore has started 1 posts and replied 1 times.

North Carolina Real Estate Q&A Discussion Forum

Post: Due Dilligence Money For Cary, North Carolina

Scott CalafiorePosted
  • Posts 1
  • Votes 3

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?

3 Votes