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If you've ever had a contract accepted for the purchase of the house you want to call home, then you know what a relief it can be. It's a major portion of the home buying process that you can cross of the to-do list.
But what comes after? It's easy to forget that the contract being accepted is the beginning of another portion of the home buying process. During escrow, the time between a contract acceptance and closing, is when buyers must do their due diligence. Due diligence is essentially making sure you want to actually buy the property by having it inspected and researched.
Alabama is a buyer beware state for existing home sales, which means exactly what it sounds it does.
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