Real Estate Due Diligence Checklist

Property Analysis Checklist

Prepared By

Position

Company

Subject Property

Address

[your name]

Realtor

[your company name]

Residential Property

[your company address]

Real Estate Due Diligence Checklist

Before proceeding with any real estate transaction, it's crucial to perform a thorough due diligence to ensure that all aspects of the property are in order and meet your requirements. This checklist will help you assess the property comprehensively.

Title and Ownership:

  • Have you verified the legal ownership of the property?

  • Is the property free from any pending legal disputes or encumbrances?

Property Inspection:

  • Have you conducted a comprehensive physical inspection of the property?

  • Are there any structural or environmental concerns?

Zoning and Land Use:

  • Is the property zoned for your intended use?

  • Have you checked local regulations and zoning restrictions?

Utilities and Services:

  • Are all essential utilities (water, electricity, gas, sewage) connected and in working order?

  • Is the property accessible year-round?

Financial Due Diligence:

  • Have you reviewed the financial records and statements of the property?

  • Are there any outstanding liens, mortgages, or unpaid taxes?

Environmental Assessments:

  • Have environmental assessments been conducted, and are there any concerns?

  • Is the property compliant with environmental regulations?

Insurance and Permits:

  • Is the property adequately insured?

  • Are all necessary permits and licenses up to date?

Market Analysis:

  • Have you assessed the property's market value and potential for growth?

  • Does the property align with your investment goals?

Contract and Legal Review:

  • Have you consulted with legal counsel to review the purchase contract?

  • Are all terms and conditions satisfactory?

Due Diligence Timeline:

  • Have you established a timeline for completing your due diligence?

  • Do you have contingencies in place for unexpected issues?

Neighborhood and Community:

  • Is the property located in a safe and desirable neighborhood?

  • Have you considered the proximity to amenities, schools, and public services?

Future Planning:

  • Have you formulated a long-term plan for the property?

  • Does it align with your investment strategy?

Exit Strategy:

  • Do you have a clear exit strategy in case the investment doesn't perform as expected?

Property Management:

  • Have you made arrangements for property management if needed?

  • Is there a plan for maintenance and repairs?

Financing and Funding:

  • Is your financing secured and ready for the purchase?

  • Have you explored different financing options?

Due Diligence Report:

  • Have you compiled all due diligence findings into a comprehensive report?

  • Are you confident in proceeding with the transaction based on your findings?

Completing this Real Estate Due Diligence Checklist diligently will help you make informed decisions and minimize potential risks associated with your real estate investment.

Checklist Templates @ Template.net