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HOME BUYER DUE 
DILIGENCE CHECKLIST 
Or, How to Avoid Making the Biggest 
Mistake of Your Life 
© 2014 Quill Realty Sign with confidence.
What is “Due Diligence”? 
“Due diligence” is how a prudent buyer goes about making 
sure it is a good decision to buy the house, warts and all. 
Since every house has warts, it is essential that you identify 
them prior to closing. 
If you don’t, you may end up making a very expensive 
mistake. 
© 2014 Quill Realty Sign with confidence.
When does it happen? 
Before Making an Offer 
• In a competitive market, 
strengthen your offer by 
completing your due 
diligence before making 
the offer. 
• Downside: You incur costs 
before you have house 
under contract, and not as 
thorough so more risk 
Once Home Under Contract 
• Contract should include 
contingencies (e.g. 
Inspection) 
• Best opportunity to fully 
evaluate home 
• Offer not as strong if 
contingent on inspection 
© 2014 Quill Realty Sign with confidence.
Review the 
Form 17 
In WA, every seller must 
provide a Seller 
Disclosure Statement, 
aka the Form 17. Review 
it closely. But remember 
the Golden Rule: Never 
rely on what the seller 
has said. You need to 
investigate 
EVERYTHING to your 
own satisfaction. 
© 2014 Quill Realty Sign with confidence.
The Inspection: the Heart of Your Due 
Diligence 
• A physical inspection of the home is the most essential 
part of your due diligence. 
• Start with a general inspection using a home inspector. 
• Follow up with specialists as needed (e.g. roofing 
contractor, stonemason, electrician, etc.) 
• For an older home (<1960) seriously consider a sewer 
scope. A failing side sewer can be an expensive problem! 
It is impossible to “over-inspect” a home prior to closing… 
© 2014 Quill Realty Sign with confidence.
Review 
Title 
You will receive a 
preliminary title 
report from the title 
insurer. An 
attorney should 
review it to identify 
anything on title 
that might impact 
you as the owner. 
Only an attorney is 
qualified to read 
and interpret a title 
report. 
Possible concerns: 
• Easements (someone else has a right to 
use the property for a specific purpose) 
• Covenants, Conditions, and Restrictions 
(CCRs, restrictions on what you can do 
with the property) 
• Assessments due after closing 
© 2014 Quill Realty Sign with confidence.
Know the Community! 
What’s up with the 
Home Owners Assoc.? 
• Newer homes in 
particular may be part 
of an HOA 
• Review the rules! 
• What are dues? What 
do they cover? Is it 
financially sound? 
What’s up with the 
neighbors? 
• There is no cure for a 
“bad neighbor” 
• Go knock on doors, 
introduce yourself 
• Look out for many 
dogs, junk cars, etc. 
© 2014 Quill Realty Sign with confidence.
Make SURE the house works for you 
• Take some time to really imagine yourself in the home 
• Take some measurements – will your cherished couch fit 
in the living room? 
• Will your car fit in the garage? 
• Can you handle having to go downstairs to use the only 
bathroom? 
Once you close, it’s too late to realize this isn’t quite the 
right house for you. 
© 2014 Quill Realty Sign with confidence.
Sign with Confidence. 
Sign with Quill. 
QuillRealty.com 
info@QuillRealty.co 
m 
@QuillRealty 
(206) 512-8883 
655 S. Orcas St. 
#100 
Seattle WA 98108 
Craig Blackmon 
Managing Broker 
Quill is a new model in real estate. Our agents work hand-in-hand with affiliated 
attorneys to give our clients complete representation. Quill agents list houses for sellers 
and show homes to buyers, provide insight on values, negotiate offers, and close deals. 
Our lawyers explain the risks in every transaction and make sure you take the right 
steps to reduce them. Quill charges a 2% commission that includes the attorney’s fee, 
with a rebate at closing for buyers. So with Quill, you get more and pay less. 
© 2014 Quill Realty Sign with confidence.

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Due diligence slide show

  • 1. HOME BUYER DUE DILIGENCE CHECKLIST Or, How to Avoid Making the Biggest Mistake of Your Life © 2014 Quill Realty Sign with confidence.
  • 2. What is “Due Diligence”? “Due diligence” is how a prudent buyer goes about making sure it is a good decision to buy the house, warts and all. Since every house has warts, it is essential that you identify them prior to closing. If you don’t, you may end up making a very expensive mistake. © 2014 Quill Realty Sign with confidence.
  • 3. When does it happen? Before Making an Offer • In a competitive market, strengthen your offer by completing your due diligence before making the offer. • Downside: You incur costs before you have house under contract, and not as thorough so more risk Once Home Under Contract • Contract should include contingencies (e.g. Inspection) • Best opportunity to fully evaluate home • Offer not as strong if contingent on inspection © 2014 Quill Realty Sign with confidence.
  • 4. Review the Form 17 In WA, every seller must provide a Seller Disclosure Statement, aka the Form 17. Review it closely. But remember the Golden Rule: Never rely on what the seller has said. You need to investigate EVERYTHING to your own satisfaction. © 2014 Quill Realty Sign with confidence.
  • 5. The Inspection: the Heart of Your Due Diligence • A physical inspection of the home is the most essential part of your due diligence. • Start with a general inspection using a home inspector. • Follow up with specialists as needed (e.g. roofing contractor, stonemason, electrician, etc.) • For an older home (<1960) seriously consider a sewer scope. A failing side sewer can be an expensive problem! It is impossible to “over-inspect” a home prior to closing… © 2014 Quill Realty Sign with confidence.
  • 6. Review Title You will receive a preliminary title report from the title insurer. An attorney should review it to identify anything on title that might impact you as the owner. Only an attorney is qualified to read and interpret a title report. Possible concerns: • Easements (someone else has a right to use the property for a specific purpose) • Covenants, Conditions, and Restrictions (CCRs, restrictions on what you can do with the property) • Assessments due after closing © 2014 Quill Realty Sign with confidence.
  • 7. Know the Community! What’s up with the Home Owners Assoc.? • Newer homes in particular may be part of an HOA • Review the rules! • What are dues? What do they cover? Is it financially sound? What’s up with the neighbors? • There is no cure for a “bad neighbor” • Go knock on doors, introduce yourself • Look out for many dogs, junk cars, etc. © 2014 Quill Realty Sign with confidence.
  • 8. Make SURE the house works for you • Take some time to really imagine yourself in the home • Take some measurements – will your cherished couch fit in the living room? • Will your car fit in the garage? • Can you handle having to go downstairs to use the only bathroom? Once you close, it’s too late to realize this isn’t quite the right house for you. © 2014 Quill Realty Sign with confidence.
  • 9. Sign with Confidence. Sign with Quill. QuillRealty.com info@QuillRealty.co m @QuillRealty (206) 512-8883 655 S. Orcas St. #100 Seattle WA 98108 Craig Blackmon Managing Broker Quill is a new model in real estate. Our agents work hand-in-hand with affiliated attorneys to give our clients complete representation. Quill agents list houses for sellers and show homes to buyers, provide insight on values, negotiate offers, and close deals. Our lawyers explain the risks in every transaction and make sure you take the right steps to reduce them. Quill charges a 2% commission that includes the attorney’s fee, with a rebate at closing for buyers. So with Quill, you get more and pay less. © 2014 Quill Realty Sign with confidence.