When you buy a new home, there are questions that you may not be able to answer on your own. If you get a chance to ask the previous owner these questions, you will get deeper insight into what it’s like to live in this new place. Here are a few of the most pertinent questions.
Question Number One: What is the Best Part of Your Home?
Every home has its pluses and minuses. No one knows this better than the person who’s been living there. That’s why they’re the one to ask about these things – particularly the positives, which they will hopefully be able to fill you in on in spades. This is the time to ask not only about elements of the home, but the surrounding community, which will give you a good start in your new place.
Question Number Two: Does the Neighborhood Have any Nuisances?
Does that neighbor down the street play loud rap music until 3 in the morning? Are there heavy smokers whose odors float your way? What about litterbugs? This is another important question to ask the former owner. While you may or may not get the true dirt, at least you can get the credit for trying. Another option is to contact the local authorities to see about neighborhood crime statistics.
Question Number Three: What is Your Reason for Selling?
This will give you an understanding of just how motivated this seller is. While there are as many reasons for moving as there are people who move, there are also certain life situations that mandate movers to act quickly. For example, if he or she is being relocated for a job, they likely want to get out quickly so that they can get settled in their new community and get to work. This is information you can use in determining the lowest offer they are likely to accept.
Question Number Four: How Long Has the House Been on the Market?
Here’s another point of negotiation – the longer the home has been on the market, the more motivated the seller is likely to be. You can expect to get an honest answer here because after all, the record will reflect it even if the seller is reluctant to provide the truth. Keep in mind that the longer a home is on the market, the harder it is to sell – making a seller even more motivated to get that For Sale sign in the yard.
Question Number Five: What is Included in the Sale Price?
Here’s where you need to get everything in writing. You can’t rely on that cute little antique cabinet being included in the sale – you need to ask and ask twice if it’s not clear. Oh, and did we mention getting this in writing? Yes. Get everything in writing.
Questions? Get in touch!