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DEFINITION OF 'DUE DILIGENCE - DD'
1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to a sale.
2. Generally, due diligence refers to the care a reasonable person should take before entering into an agreement or a transaction with another party.
We Explain here 'DUE DILIGENCE - DD'
1. Offers to purchase an asset are usually dependent on the results of due diligence analysis. This includes reviewing all financial records plus anything else deemed material to the sale. Sellers could also perform a due diligence analysis on the buyer. Items that may be considered are the buyer's ability to purchase, as well as other items that would affect the purchased entity or the seller after the sale has been completed.
2. Due diligence is a way of preventing unnecessary harm to either party involved in a transaction.
DEFINITION OF 'TITLE SEARCH'
An examination of public records to determine and confirm a property's legal ownership, and find out what claims are on the property. A title search is usually performed by a title company or an attorney, who researches the vested owner, the liens or other judgments on the property, the loans on the property and the property taxes due.
We Explains here 'TITLE SEARCH'
Before you close a deal on the purchase of a home, a title company will search public records on the property's ownership. Once the search is finished, you'll receive a preliminary title report. If there are any issues or problems with the title, you can point them out to the seller. Some problems are easily cleared up while others may take so long that they jeopardize your loan commitment.
We as a company provides and facilitate our customers (i.e Buyers / Sellers / Lessors / Lessee etc) for the Due Diligence and Title Search Reports to enable them for property decision making in buying / selling / leasing.
For more details / discussions you are requested to call us Call at 767676 8282