Tuesday, August 6, 2013

Just the facts, ma'am



We want to know the facts.
Want to know what ingredients are that being used in the food we eat; "google it".
Want to know if the chemical being used in your home is safe for your family, animals, and environment: google it.
When you are making a purchase as important and expensive as buying a home of course you want to know the facts and some of the answers you will not on the internet. Who better to ask then those who know first hand, the sellers.

Here are some questions that will help lead you to make the best decision for your investment:
  • How long has the property been on the market?
  • How much did seller pay for the home?
  • How did the seller come up with the asking price? 
    • How flexible is the price?
  • How much does the seller still owe on the home?
  • What is the property worth in the current market?
  • How many offers have been received? 
  • What is included? 
    • real vs. personal property

  • Why is the seller moving? 
  • What is the neighborhood like? 
    • neighbors?
    • schools?
    • noise?
    • crime? 
    • HOA?
    • any foreclosures in the neighborhood? 
  • The history of the home? 
    • average cost of the utilities? 
    • has the property ever been rented? 
    • repairs done? 
    • repairs needed? 
    • preventative maintenance? 
    • remodels?
    • flood zone?
    • haunted? 
    • any problems? 
      • roof? how old is it?  
      • foundation? Any cracks or areas of concern?
      • electrical?
      • plumbing?
      • termites? 
  • What do you like/ dislike about the property? area? neighborhood? 
Do research...
What is close by? shopping? Parks? major roads? public transportation? Any foreclosures in the neighborhood? 

Stay tuned for the next blog on home inspections! 



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