Steal our due diligence checklist and accelerate your due diligence process. The DD is compensating the seller for taking house off the market while you do your "due diligence" to decide if you want to buy.In real estate, due diligence includes reviewing documents, financial calculations, and evaluating risks. In this detailed guide, we take you through the roles of due diligence and earnest money in South Carolina and iron out any confusing details. Due diligence is the process of "doing your homework" on the property that you're thinking about buying as an investment. The fee is meant to incentivize the seller to complete the due diligence process and provide evidence that the buyer is serious about buying the property. I would write the agreement so that my buyer can back out during the inspection period or due diligence period for just about any reason.