Posted by Brent_IL on April 13, 2002 at 12:11:23:
Make your offer as soon as you decide to buy. If you snooze, you lose.
There is no due diligence period after your offer is accepted unless you specify some kind of review period or contingency in the purchase contract.
There may be a state-mandated time to rescind. I think someone from California posted that a buyer had five days to back out of the deal, so that would be the due diligence period in that state.