Certified Residential Specialist (CRS)

What does 'due diligence' mean in the context of a buyer's residential purchase in the US?

The buyer's obligation to pay earnest money promptly The buyer's right to inspect and investigate the property before closing The seller's duty to disclose all defects A lender's review of the buyer's financial documents

Correct Answer:

The buyer's right to inspect and investigate the property before closing

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