![]() ![]() Our new home communities in Winston-Salem feature modern home designs and offer convenient commute times from Downtown Winston-Salem. Homebuyers searching for modern new construction homes for sale in Winston-Salem, NC, can turn to True Homes for quality construction, a seamless experience, and the True Advantage, which means the home they build will be one that suits their lifestyle. With the numerous brand-new construction homes in Winston-Salem, True Homes, as an experienced home builder, offers a chance to buy or build a brand-new home in Winston-Salem, NC, confidently. True Homes is proud to contribute to the growing Winston-Salem market with beautiful new home communities that buyers can call home. While visitors and locals enjoy discovering Winston-Salem’s rich history, including the community’s tobacco farming roots, the thriving downtown, bustling with industry and the arts, positions Winston-Salem as a prime real estate and new home market located in the heart of the state. As part of the infamous Piedmont Triad and home to renowned universities, Winston-Salem’s transformation into a modern tourist destination full of art, history and local fare makes it a popular destination. ![]() If the buyer completes the purchase, the earnest money (or deposit) is applied towards the balance they owe at closing.Winston-Salem, North Carolina, is a picturesque community that traces its origins back before the American Revolution. If the buyer terminates the contract after due diligence, but before the settlement date, the earnest money is owed to the seller. However, if the buyer backs out, the seller does keep this fee.Īn earnest money deposit is a second negotiated amount that is deposited in the attorney’s trust account for the duration of the contract period, post “due diligence.” If the buyer opts to terminate the contract before the end of due diligence, the earnest money is returned to them. If the buyer completes the purchase, the due diligence fee amount is applied towards the balance they owe at closing. Note that the term “fee” is used here rather than “deposit” because the money is given directly to the seller, who is entitled to keep those funds whether or not the buyer follows through with the purchase. When we’re sitting across the table from them, we not only know how many of them think and can strategize around their tendencies, but we also have a history of good working relationships that can help the whole process run more smoothly.Ī: A due diligence fee is paid by a home buyer to the seller in order to secure time to complete “due diligence” on a home, including home inspections, walkthroughs, contractor quotes, etc. ![]()
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