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Shopping for a new home can be exciting, but it can also be overwhelming. There are so many questions to consider, from the condition of the property to the neighborhood to the asking price. Luckily, your real estate agent is there to help you navigate the process and ensure you have all the information you need to make an informed decision. Here are seven questions to ask your agent once you’ve found a house:
What is the condition of the property?
One of the most important questions to ask your agent is about the condition of the property. This includes any known issues or needed repairs. Knowing the condition of the property can help you determine if it’s worth the investment and if there are any repairs or renovations you’ll need to make.
This doesn’t necessarily have to be a deal breaker – you can negotiate on these items to be included.
What is the neighborhood like?
The neighborhood can have a big impact on your enjoyment of the home, so it’s important to know what it’s like. Ask your agent about the safety, amenities, and overall feel of the area. This can help you determine if it’s a good fit for you and your family.
How much are property taxes in the area?
Property taxes can vary widely depending on where you live, so it’s important to know how much you can expect to pay. Your agent should be able to provide this information, which can help you determine if the property is within your budget.
How long has the property been on the market?
If a property has been on the market for a long time, it may indicate that there are issues with the property or that the seller is willing to negotiate on the price. Ask your agent for the property’s history to help you determine if it’s a good deal.
Are there any known issues with the property?
It’s important to know if there are any known issues with the property before you make an offer. Ask your agent if there are any known problems with the property, such as structural issues or pests.
This can help you determine if the property is worth the investment and if there are any repairs or renovations you’ll need to make.
What is the asking price compared to similar properties in the area?
It’s important to know if the asking price is in line with other properties in the area. Ask your agent to provide information on comparable properties to help you determine if the asking price is reasonable. This can help you determine if the property is a good investment.
Is the seller open to negotiation on the price?
Knowing if the seller is open to negotiation on the price can help you determine how much you should offer for the property. Ask your agent if the seller is willing to negotiate and if there is room for negotiation on the price. This can help you determine if the property is within your budget and if there’s an opportunity to get a better deal.
In conclusion, asking your real estate agent these seven key questions can help you make an informed decision when shopping for a new home. By knowing the condition of the property, the neighborhood, property taxes, the property’s history, known issues, the asking price, and the seller’s willingness to negotiate, you can make a well-informed decision on whether or not to make an offer on the property. Your agent is there to help you every step of the way, so don’t hesitate to ask these important questions to ensure you find the perfect home for you and your family.