Broker vs Lender vs Client: Due Diligence Boss Fight
- ricklahkar
- Apr 14
- 1 min read
Broker: It’s a cream puff—30-day close, 'light' diligence Lender: Need T-12, rent roll, estoppels, SNDA, ALTA, roof warranty, and a Phase I that time-travels Title: Surprise! Eight unrecorded easements and a mystery storm drain from 1964 Me: Underwriting IRR 17% → After diligence: free museum tour of underground tanks 🤡🧯
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