FAQ Forum

CONVERSATIONS AND FAQ

  • BIC Tip #1056: Understanding the Seller’s Rights in the NC
    When it comes to North Carolina real estate, buyers often focus on what they can and can’t do during the due diligence period. But sellers also have important rights under the Offer to Purchase and Contract (Form 2-T) — …
  • BIC Tip #1055: Closing Delays in NC Real Estate
    In North Carolina, buyers and sellers often circle a date on the calendar and call it “Closing Day.” But here’s the truth: in our state, the closing date listed in the contract is a target date, not a guaranteed deadline…
  • BIC Tip #1054: Understanding Due Diligence Fees in NC
    Buying real estate in North Carolina comes with unique rules and procedures that every buyer should understand. One of the most important — and often most misunderstood — is the Due Diligence Fee.
  • Why HOAs Are Material—and Why Buyers Should Review the Rules
    When buying real estate in North Carolina, one of the most important questions a buyer should ask is: “Is there a Homeowners Association (HOA)?”
  • Are Buyers Required to Pay the DD fee?
    Q: When a buyer makes and offer and the seller accepts and signs (and communicates acceptance) we have a contract. The buyer gets excited but suddenly gets cold feet and wants to terminate. They have not yet provided me …