Definition Due diligence

glossary: Due diligence definition
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Glossary: Due diligence

Due diligence is the analytical assessment of the merits, prices and overall potential of an investment opportunity with the main intent to provide financing. Due diligence usually takes place after an offer has been made and accepted, but prior to closing. Due diligence may involve credit checks, appraisals, UCC searches, lien searches, or on-site visits with clients.

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Definition: Due diligence

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