Buying a house is a significant financial decision that requires careful consideration. Asking the right questions about any property you are considering helps you make an informed choice and avoid potential pitfalls:

Why is the house for sale? Understanding the seller’s motivation can give you an edge in negotiations. Are they relocating, downsizing, or facing financial issues?

What is the property’s history? Previous ownership history, any major repairs or renovations, or any unusual (criminal or otherwise) activity helps you understand the house’s condition and any potential issues.

How long has the property been on the market? A house that’s been on the market for a long time might indicate pricing issues or hidden problems and may provide leverage for negotiating a lower price.

What is the neighborhood like? Research the local area to ensure it meets your needs now and in the future. Consider factors such as schools, safety, and amenities, and future development plans for the area because these can have a major impact on a neighborhood and property values.

Are there any major issues with the house? A thorough inspection is crucial. Ask about the foundation, the plumbing and electrical systems, and the condition and age of the roof, gutters, and exterior siding and/or when it was last painted. Knowing these details can save you from costly repairs.

What is included in the sale? Clarify what fixtures and fittings are part of the sale—appliances, window treatments, lighting fixtures, security cameras, as well as landscaping décor that isn’t obviously built in, etc.

A good REALTOR® will automatically pull a lot of this information together for you. For proven expertise in establishing your home value and/or searching for a new or existing home, please call Jan at (303) 520-4340.