You found your dream home, but before popping the champagne, there's a crucial step: due diligence. It might sound intimidating, but it's your chance to uncover everything about your future property.

Think of it like detective work for your home! You'll be reviewing documents to ensure there are no surprises after closing. Here's what you'll be looking for:

• Hidden restrictions: Are there shared wells, septic systems, or easements that impact your access or privacy?

• Community rules: In condos or home owner’s associations are there regulations about pets, renovations, or parking?

• Insurance hurdles: Will getting affordable property and flood insurance be easy?

Why is this important? Let's say the seller forgot to mention a shared well with your neighbor, who might not be keen on you adding a hot tub. Or, your condo might have strict rules against your beloved dog, Charlie.

Due diligence is your safety net!

Here's the good news:

• You have a set time frame to review all documents and get answers.

• Your real estate agent can help you understand everything.

• Most importantly, you'll be a more informed buyer, ready to confidently move into your dream home!

Embrace due diligence, and have a smooth and happy closing!