This period constitutes the first 2-3 weeks (length of this period is negotiable) that you are under contract on the home. During this time, you will have access to run your inspections, appraisal, survey, repair estimates, etc. to determine if you would like to move forward with purchasing the home. The Due Diligence Period also allows you the opportunity to negotiate repairs with the seller. You can request the sellers to repair specific items from your inspection reports, request money-in-lieu of said repairs which would be credited toward your closing costs at closing, or some combination of the two. In North Carolina, real estate is sold AS-IS, so the sellers are not obligated to complete any repairs, but we find that as long as the requests are reasonable, sellers typically are willing to work with us. All negotiations for repairs must be agreed to and signed off on by both parties prior to the expiration of the Due Diligence Period.