Due Dilligence Money For Cary, North Carolina
I'm thinking of buying a house in Cary near my brother, not necessarily an investment, but of course I do want to get a good deal. I was planning on doing 10-20% down. Cary is very competitive. My agent suggested that I put 10% as my due diligence to win the property. This is before inspection and really before seeing the property except online. Now I know it's competitive, but I'm curious from someone that has experience in the area if this is normal and actually what it takes to win a property there or if it's just insane to put 10% as due diligence payment?