191: Do Your Due Diligence

Hustle Humbly Podcast

Alissa Jenkins & Katy Caldwell

Entrepreneurship, Realestatepodcast, Realestate, Realtoreducation, Realtor, Business

4.9 • 809 Ratings

🗓️ 3 April 2023

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

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Summary

Cold feet and buyer’s remorse are real life problems that may take your real estate transaction from pleasant to painful in an instant. As a buyer, using your due diligence or inspection period to answer your questions and check every detail of the home is crucial. As an agent helping your buyers understand what they might want to check is just as important. The goal is for every person involved in the transaction to leave the due diligence period feeling confident and most importantly excited to move toward the purchase. Imagine a world with no last minute regrets, trying to get out of a contract, getting stuck with a mortgage you don’t want, or moving into a new home and feeling like you made a mistake. This episode will get into many parts of the home purchase and help buyers and agents check off the right boxes before they head to closing. And for our agent friends we have created a FREE email template to share with your buyers to make sure they are sure before it’s too late.

Get your buyer’s “Make Sure You’re Sure” email template at hustlehumblypodcast.com/makesure.

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00:00 Start

01:52 Stucco

08:48 Existing contracts

11:30 Inspection vs. Due Diligence

27:10 Termite wall

28:40 Foundation Repair

31:03 New Home Warranty

34:24 Surveys

41:24 Insurance

46:55 Clue Report

48:05 HOA Rules

52:39 Deed Restrictions

1:05:06 Toast

Transcript

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0:00.0	Hey y'all, it's Alyssa. During this episode, we go through a laundry list of things we need to check during the due diligence period.
0:07.2	Since it's a lot of information, we may do a free buyer template, which we have called Make Sure Your Sure List.
0:13.6	You can get this template for free right now at hustle humblypodcast.com slash make sure.
0:19.1	By the way, if you are an email template owner, you will automatically
0:22.6	receive this email to your course. Check the show notes for the link. I can remember my first
0:29.4	buyer checklist had like six things on it. Right. I've had a lot of situations lately.
0:38.3	Learn for me. Learn for me.
0:39.3	Learn for me.
0:40.3	You don't own the back 30 feet of your yard.
0:43.3	Oh, that's a lot.
0:45.3	Because it's going to be a parking lot for a new retail shopping center.
0:49.3	Oh my God.
0:51.3	Wait, wait.
0:53.3	Come interview the dog. Like, you will fall. Come interview the dog.
0:55.5	Do whatever you have to do.
0:56.7	You will fall in love with the dog.
0:59.1	We're not going to go see this house because you can't have chickens.
1:03.1	Hi, y'all.
1:03.8	Welcome to Hustle Humbly.
1:05.0	It's Alyssa and Katie, and we are two top-producing realtors in the Baton Rouge market.
1:09.0	We work for two different companies where we should be competitors, but we have chosen
1:12.3	community over competition.
	...

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