GA Due Diligence

What happens during the Due Diligence Period?

During the due diligence period in Georgia, your Thrive Advisor will work with you to assess the property’s condition through inspections, conduct neighborhood research, and investigate zoning laws, and environmental conditions, allowing you to assess the property’s suitability before finalizing the purchase.

Here’s a more detailed breakdown of what to review:

  • Home Inspection: A thorough inspection to identify any structural, mechanical, or other issues.
  • Termite Inspection: To check for termite damage or infestation.
  • Radon Testing: Especially important in areas with higher radon risk.
  • Roof Inspection: To assess the condition and remaining lifespan of the roof.
  • HVAC System Inspection: To check the functionality and efficiency of the heating and cooling systems.
  • Electrical System Inspection: To ensure the electrical system is safe and up to code.
  • Foundation Inspection: To identify any signs of settling or damage.
  • Water Drainage Inspection: To assess the property’s drainage and prevent water damage.
  • Asbestos, Noxious Gases, and Lead Paint Inspection: To identify and address any potential hazards.

  • Title Records: To verify ownership and identify any liens or encumbrances. The closing attorney will review these on your behalf but if you have specific questions, the Due Diligence timeframe is the best time to ask.
  • Zoning Laws and Land Use Regulations: To ensure the property’s use aligns with local regulations.
  • Environmental Assessments: To identify any potential environmental issues or contamination.
  • Neighborhood Research: To assess the area’s schools, crime rates, amenities, and overall desirability.
  • Utility Information: Request the last 12 months of utility bills and home costs from the seller to have an accurate picture of the home’s costs

Based on the property’s inspection and findings during Due Diligence, your Advisor may suggest, if applicable, that you negotiate any necessary repairs or credits based on inspection findings. The Buyer and Seller must come to an agreement before the end of the Due Diligence Period.

How to Prepare for a Successful Due Diligence Process

To ensure a successful due diligence process, buyers and sellers in Georgia should take the following steps:

Create a Due Diligence Checklist

A due diligence checklist can help ensure that no critical steps are overlooked. The checklist should include items such as property inspections, environmental assessments, and financial evaluations. For buyers, this checklist serves as a roadmap for completing due diligence within the allotted timeframe.

Hire the Right Professionals

The importance of professional guidance during due diligence cannot be overstated. Buyers and sellers should invest in experienced professionals who are familiar with local regulations and can provide accurate assessments.

Stay Organized and Communicate

Open communication between buyers, sellers, and their respective agents and attorneys is key to a smooth due diligence process. Both parties should stay organized, keep detailed records, and ensure that all necessary paperwork is completed on time.

Be Prepared to Negotiate

Due diligence often reveals unexpected issues, but this doesn’t mean the deal has to fall apart. Buyers and sellers should be prepared to negotiate based on the findings. Whether it’s requesting repairs, adjusting the purchase price, or setting new terms for the transaction, successful negotiations can help both parties reach a mutually beneficial agreement.

We’re here to guide and support you all the way to the finish line!
If you ever have any questions or concerns, your Transaction Specialist can be reached at
720-506-2200 Monday thru Friday 9am-5pm MST.