What happens if problems are discovered during due diligence?
Category:
Commercial Real Estate
If issues are discovered during due diligence, the next steps depend on the contract terms, the nature of the issue, and the parties involved. Some concerns may be resolved through additional information, repairs, price adjustments, credits, or revised terms.
In other cases, a buyer may decide the issue changes the risk or value of the opportunity. This is why due diligence exists—to help buyers evaluate facts before proceeding.
If concerns arise during a transaction, I can help facilitate communication and help you understand the general options typically discussed among the parties.
