Due diligence is initiated by the __________ once the offer to purchase has been accepted?

Due diligence is a critical process that's initiated by the buyer once the offer to purchase has been accepted. This phase is essential for the buyer to confirm that the property meets their expectations and requirements before finalizing the transaction. The due diligence process typically includes reviewing documents, property inspections, and verifying the property's condition and title. By conducting thorough due diligence, buyers protect themselves from potential issues that may arise after the purchase is completed.

The involvement of the seller, title company, or lender occurs at different stages in the transaction process, but it is the buyer who leads the due diligence efforts to ensure they are making an informed decision concerning the property.