In real estate, what does "due diligence" often require from buyers?

Due diligence in real estate refers to the process of conducting a comprehensive investigation of a property before finalizing a transaction. This is crucial for buyers to uncover any potential issues or risks associated with the property that could affect its value or their decision to proceed with the purchase. Such investigations might include examining the property’s physical condition, verifying property boundaries, checking for liens or title issues, and reviewing any zoning regulations or restrictions.

By conducting a thorough investigation, buyers can make informed decisions, negotiate terms effectively, and avoid unpleasant surprises after closing. This aspect of due diligence aligns closely with the responsibilities buyers have to protect their interests in a real estate transaction.