← All episodes · Episode 9
20:56 · Published August 11, 2026
A 21-minute explainer on how the North Carolina Due Diligence Period actually works. The difference between the Due Diligence Fee (paid to seller, non-refundable) and the Earnest Money Deposit (held in escrow, refundable inside the window).
Who keeps which dollar in a termination, at closing, or in a breach. How the effective-date clock starts, why 5:00 PM Time is of the Essence has no grace period, and what changed in the July 1 2026 revision of NC Form 2-T. Essential mechanics for anyone signing a purchase agreement in North Carolina.
The full article with all the numbers, comparison tables, sources, and Teresa's direct guidance is at homesintriadnc.com/blog/nc-due-diligence-period-explained-2026-timelines-fees-negotiation-nc-contracts.