If you uncover any red flags, it might be a good idea to reconsider the deal or negotiate terms to protect yourself before moving forward.
Sure thing! While you can do some legwork on your own, it's often wise to have professionals like real estate agents or lawyers help, especially since they know the ropes.
Typically, buyers, lenders, or investors will request these documents to make informed decisions about a property.
The time it takes can vary, but usually, it's best to allow a few weeks to collect everything you need without rushing through the process.
Common documents include property tax records, zoning information, lease agreements, environmental assessments, and any pending lawsuits related to the property.
Gathering these documents helps you to dodge any potential pitfalls and makes sure you're making a wise investment by understanding the property's condition and any legal issues.