There are some important things you will want to ask your agent when you begin your new home search. Answers to these questions will help you make the right decision as to what home best suits you.
1. Is there a report that details recent sales histories of properties that are similar to what you are looking for? The information in the report will help you better negotiate the right deal.
2. How long has the property been on the market? A home that has been available longer than the market average is either overpriced or may have a known defect.
3. Are there any disclosed concerns with the property? The answer will let you know up front if you want to invest the time and money to pursue the property.
4. Why is the owner selling the home? Have they already bought another? Knowing the seller’s motivation and if they have purchased another home will help determine how much you can negotiate the price and terms.
5. Is there any personal property included in the sale? Is any fixture excluded? A purchase offer should address personal property and any exclusions.
6. What are the monthly utility bills and annual property taxes for the property? This information is part of your cost of home ownership and important to know before you proceed with a purchase.
7. Is it okay to check the water pressure? Good water pressure will eliminate the need for possible future costly improvements.
Please contact me for a thorough list of questions you should be asking.