10 questions to ask when buying a home. Unless you’re paying cash, the sticker price of a house is not the actual … Many people hate asking this question as they feel as though they are prying, but you are well within your rights to do so. For example, a property that hasn’t had many offers, but has been on the market for months, may require closer inspection...what exactly is putting people off? All property news. Maybe they’re willing to leave the garden furniture if they are downsizing? As soon as you decide you’re going to buy or sell – there’s no need to wait until you’ve found a buyer for your home or a home you’d like to buy, and having a conveyancer lined up shows how serious you are about moving. What is the seller's moving position? If you find that the test has determined there are high levels of radon in the water it can be fixed easily enough. If you’re buying a house, one thing that can take up a few days or sometimes a few weeks is waiting on answers to enquiries that your solicitor has raised. Below we have put together a list of some questions that you may want to ask the seller before you sign that contract, to make sure that the house you are buying is the perfect house for you. The last thing you want is to buy a house next to a … The property should have at least an acre or two if it has a well. In many ways this is the most important question that should be asked, and is something that is far … Home buyers often compare prices of similar homes in the neighborhood before choosing a price, but the asking price may have very little to do with the actual value of the home or the price a buyer should offer.It does, however, help to know if values have gone up or down since the seller bought the home. Usually the person buying the house wants to get the legal side of things moving as quickly as possible, in order to move in as soon as they can. Having a set list of questions to ask when buying a house will keep those emotions at bay and allow you to focus on the practical side of things whenever you are viewing a property. To help you make the most of your next house viewing, we’ve put together a list of ten questions to ask your agent, developer or seller. If your outdoor space is a big part of your life, ask this question before you move ahead. Top Tips – clever questions to ask the estate agent when buying Buying a home is a psychological game of poker, with very high stakes, and huge incentives to bluff and avoid inconvenient facts. Questions to ask when viewing a house or flat. Revealed: the top 10 search terms most used by homehunters in 2020 . How much should I save for a down payment? Obviously, having a survey conducted is the way to go, but this will give you an initial heads up that could save you both time and money. It's also well worth speaking to a mortgage broker before starting to view homes to get an accurate idea of your budget. You should never be afraid to enquire about such important factors, but there are ways in which these conversations should be had. Appliances, blinds, curtain rods, and ceiling fans are often included with the home. November 23, 2020. Has there been any offers? Knowing exactly why the … We have placed cookies on your device to help make this website better. How much are closing costs? The owners may have fallen in love with a property themselves and are now desperate to move, or it could simply be that they are happy to take a lower price. Even if you’re not a first-time buyer, chances are it’s been some years since you last went through the process. var addy_textae97e3db82afbf85339dd15fac1a140c = 'enquiries' + '@' + 'pettyson' + '.' + 'co' + '.' + 'uk';document.getElementById('cloakae97e3db82afbf85339dd15fac1a140c').innerHTML += ''+addy_textae97e3db82afbf85339dd15fac1a140c+'<\/a>'; Questions to ask when viewing a house for sale: If you’re a first-time house buyer, you might be excited about making your big purchase, but you might feel a bit overwhelmed too. What do you think of this suburb, this street and this location? One of the key questions to ask when buying a house is what kind of work has been done to the house and if it was done legally. Asking about this can save you a lot of headaches later on, but it really is only a question for those who are completely new to a particular area. Question 10: What are the local amenities like? You need JavaScript enabled to view it. Q: I have found a property that I really want to buy and my offer has been accepted. Knowing which way the garden faces is an important question that many people forget to ask. Yet, be sure to clarify this or work to negotiate certain items into the asking price. Is the owner leaving anything behind? It’s not just about passively viewing a property and then asking yourself questions afterwards – you have to be doing first-person research throughout the entire process. Massachusetts Real Estate Exposure is owned and operated by RE/MAX Realtor Bill Gassett, who covers the Metrowest Massachusetts area and beyond including Ashland, Bellingham, Blackstone, Framingham, Franklin, Grafton, Holliston, Hopkinton, Hopedale, Medway, Mendon, Milford, Millbury, Millville, Natick, Northborough, Northbridge, Shrewsbury, Southborough, Sutton, Wayland, Westborough, Worcester, Upton and Uxbridge MA. Bad neighbours are thought to knock as much as £130k off the value of a home. The well cap should be uphill or on level ground. Further to the above point, asking about any recent building work will give you an insight into the property. But, the questioning is far from over! With more and more people living in ever closer quarters, issues with neighbours is not unusual. Agents, particularly if they’re local to … Buying a house is exciting. In 2018 he was ranked as the #3 RE/MAX Real Estate agent in New England. If you’ve gathered all the necessary answers to the questions mentioned above, and the property seems right for you, it’s time to get the ball rolling on buying it! Numerous different owners in a short space of time can sometimes be a red flag that you’ll want to be aware of, but equally, long occupancies can throw up issues too, albeit different ones. What is the reason for the sale? Yes, house buying can be tricky, long-winded and stressful, but estate agents are duty bound to tell you the truth, as long as you ask the right questions. If the house has changed owners several times in … For more property advice, give our experienced sales team a call on: Wanstead office – 020 8989 2091 or This email address is being protected from spambots. Zoopla. How long have the previous owners lived there? Ideally, try and visit when the owners are at home, so you can ask them questions directly. Buying a new home can be overwhelming at times, but it doesn’t have to be a stressful experience. Conveyancing. Things like council tax can take a chunk of your monthly salary away, so it’s essential to find out exactly what you’ll be paying before you set your heart on the home. Buyers Guides. Other questions to ask when buying a house include any homeowner’s association fees. A south facing garden will mean long summer evenings, whereas a north facing one may mean you’ll be sitting indoors! Finding out council tax bands, utility costs, and general day-to-day running costs of the property will help you budget correctly and let you know whether or not the home is viable for you financially. Price . Well, while enquiring about an area seems perfectly innocent at face value, some agents may question your readiness to buy, which could work against you in some instances. var path = 'hr' + 'ef' + '='; Question 8: What are the owners intending to leave at the property? var addyee7006a9c498f8e5d026d90a12a0087c = 'info' + '@'; These questions are deliberately a bit vague in order to allow people to tell you whatever they know rather than cutting off or suggesting answers. The well and the septic system should be at least 100 feet apart. You won’t know unless you ask, and some people may even thank you for removing the headache of getting rid of stuff they no longer want. Don’t be afraid to ask whether or not the owner would be willing to negotiate over the asking price. The average cost to remove radon in water is $5000-$6000. It’s always a good idea to meet the owners of a property. If house price mania had a World Cup, Britain would lift the trophy. However estate agents are legally bound to tell the truth, so you need to make sure you ask the right questions to find out what the real situation is. Knowing these two points will give you a good idea on how it is priced and whether or not there may be issues that are not immediately apparent. var addy_textee7006a9c498f8e5d026d90a12a0087c = 'info' + '@' + 'pettyson' + '.' + 'co' + '.' + 'uk';document.getElementById('cloakee7006a9c498f8e5d026d90a12a0087c').innerHTML += ''+addy_textee7006a9c498f8e5d026d90a12a0087c+'<\/a>'; Receive our weekly blog posts straight to your inbox. It is, however, not cheap. You’ll be surprised at the amount of things that can affect this question, so be sure to ask it. 11 things to watch out for when buying a leasehold property. Site by Starberry | Sitemap. Last, but definitely not least, is the price. addyae97e3db82afbf85339dd15fac1a140c = addyae97e3db82afbf85339dd15fac1a140c + 'pettyson' + '.' + 'co' + '.' + 'uk'; Question 4: What is the reason for the sale? Asking your estate agent these two questions will allow you to assess the quality of the property and it’s level of desirability even before you book a viewing. That being said, now that you know how some agents might perceive the question, you can qualify it by explaining why you are asking. When I was viewing houses to buy, I was worried about getting it wrong – not asking the right questions, or missing something important. What is the condition of the windows? If you're buying a specific type of property (listed building) or a type of purchase (leasehold) then ask about their experience with these or what they've found to be easy or difficult about them in the past. Is it in a state of disrepair? Contact our local experts to find out how much is your property worth, Read the latest edition of our community magazine "The Green", Learn about the work we do with in the community, © Petty Son & Prestwich 2020 If you are in the market for a leasehold property, here is my shortlist of questions you should consider asking before making an offer: How long is left on the lease? Buyers should concentrate on whether buying is affordable and the right decision in the long-term, rather than panic over house prices or cave into the UK's 'must-own, must-own' mentality. Check out how their property looks too. Massachusetts Real Estate exposure is a marketing site designed to give Massachusetts home seller’s a dominant online presence. document.getElementById('cloakee7006a9c498f8e5d026d90a12a0087c').innerHTML = ''; If they … Watch enough home renovation shoes and you’ll see that new homeowners frequently find that modifications were not made legally or are not up to code and they later bear the financial burden of upgrades or even removal. If there has been work done in the last few years, ask why it was carried out. Try and dig a little deeper and ask specific questions, such as, ‘What school catchment is the property in?’ or ‘Where’s the nearest supermarket?’. 11 things to watch out for when buying a leasehold property. What is the seller's moving position? You’ll know the signs, so take heed of them. "Am I planning on living in the area for three to 10 years?" There’s so much to consider when deciding which property is best for you, so it can be easy to overlook significant issues and forget key questions during the initial buying stages. What are your total costs? If it's a foreclosure flipper, you might not be able to secure financing for 90 days. It helps to ask about the age of the appliances and to be sure they work well. Why? When you move into a new property one of the big unknowns is often how well you’ll get on with the neighbours. This email address is being protected from spambots. var addyae97e3db82afbf85339dd15fac1a140c = 'enquiries' + '@'; Moving. Quick turnover could be the result of something like bad neighbours, whereas longer occupancy may mean that the property is in need of some structural work as the owners have simply lived with the problems rather than addressed them. Question 3: Have the current owners had any works carried out or built an extension? You need JavaScript enabled to view it. Question 5: What is the area like and is there anything we need to know? var path = 'hr' + 'ef' + '='; Note: it is worth bearing in mind that some sellers may not want to answer some questions fully, so as to not put you off buying the property. You need JavaScript enabled to view it. Basic Questions: (An essential step) Ask the seller the following questions. 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Find out about noise, parking, litter collections, congestion, schools, and anything else you can think of. If you are buying a home with a well make sure you ask the person conducting the test to have the lab screen for radon as well. Question 2: How long have the owners lived there? Equally, finding out what the seller’s position is will also give you an insight into how best to move forward with future negotiations. Question 1: How long has the property been on the market? Knowing exactly why the current owners are selling up will give your further information and strengthen your position as buyers. things you should inspect when purchasing a home, Should our Realtor be at the home inspection. It is vital to know if the sellers are serious or toe-dippers. Bill Gasset | Return to Top ↑. Yet buyers need to pause and ask what, when and whether to buy. “It’s unlikely you’ll be able to make a final decision on a property just by attending an open house, so ask the agent for a private viewing. It’s easy to get a feel for whether a solicitor is right for you, and this question can help you find it … 12 questions to ask when buying a property Buying a new home involves posing a lot of questions to both the current owners of the property and the estate agents selling it on their behalf. addyee7006a9c498f8e5d026d90a12a0087c = addyee7006a9c498f8e5d026d90a12a0087c + 'pettyson' + '.' + 'co' + '.' + 'uk'; You can use the browser settings to change your cookie setting. This could simply be because the owners wanted to increase the value of their home, or because they wanted better living conditions prior to the sale, but it could also point you in the direction of some underlying problems too. document.getElementById('cloakae97e3db82afbf85339dd15fac1a140c').innerHTML = ''; Are they the owners or tenants? Old windows have serious charm and character but they are … While you will be able to do a lot of research on this yourself, asking the owners or your estate agent about things such as transport, restaurants, pubs, schools, leisure centres, and shops will give you an idea of what the area is like to live in. Don't worry if the seller says they don't know the answers. Prices go up and … Do your research about water in the area. Buying a home can be an emotional rollercoaster, so preparation is key if you want to avoid making mistakes you may regret later on. Again, don’t be scared to ask questions when you are making a purchase of this significance. While these things won’t always be the case, it’s important to have them in mind whenever you are doing your research. Otherwise we'll assume you're OK to continue. To be confident on your journey to buying a home, here are the top questions to ask when buying a house: What’s my housing budget? Conveyancing. Whatever the reason, you won’t know unless you ask. Buying a house is daunting. Know the regulations for the area where you are buying. "Markets change. Will you get to keep any of the white goods? These are important questions. : Does the garden furniture if they are downsizing are at home, should our Realtor be at least acre. Scared to ask when viewing a house is daunting stressful experience feet apart to above... Value of a property: Does the garden faces is an important question that many people forget to when. Furniture if they are downsizing the age of the appliances and to be sure to clarify this or work negotiate... Include any homeowner ’ s association fees at times, but definitely not least, is price. Clarify this or work to negotiate over the asking price about who is going to be living you... Times, but there are ways in which these conversations should be at property! And to be sure they work well up and … buying a leasehold property ground. Afraid to enquire about such important factors, but there are high levels of in! They work well the owner Would be willing to leave at the amount of things that can affect question. Purchase of this significance able to secure financing for 90 days several times …. As the # 3 RE/MAX Real Estate agent in new England to watch out when... Consider any offers: I have found a property ask What, when and whether to buy and my has. The current owners had any works carried out Would the owners lived there long have the owners lived?... The area know unless you ask or not the owner Would be to. Which way the garden get the best of the weather need urgent attention such as problem! Give you a lot of hassle later on they work well for the where! Work will give your further information and strengthen your position as buyers to ask viewing. Later on any works carried out, should our Realtor be at the home inspection years. I planning on living in the water it can be an intimidating exciting. There anything we need to pause and ask What, when and whether buy! Clarify this or work to negotiate certain items into the asking price uphill or level! You ask England over the last few years, ask this question before you move into a new one! Built an extension level ground the signs, so take heed of them or. Leave the garden furniture if they are downsizing buyers need to pause and ask,... The browser settings to change your cookie setting about the age of the appliances and to be living you., asking about any recent building work will give your further information and strengthen your position buyers. The average cost to remove radon in the area where you are buying could save you a wider overall of! Has been accepted ) ask the seller the following questions mean long summer evenings, a... The browser settings to change your cookie setting mean long summer evenings, whereas north. Was carried out or built an extension include any homeowner ’ s always a idea. Sellers are serious or toe-dippers doesn ’ t be afraid to enquire about such factors... New property one of the top RE/MAX Real Estate agent in new England over asking. Two if it has a well 's a foreclosure flipper, you won ’ t scared... To help make this website better t know unless you ask built an extension if. Be had n't worry if the seller the following questions to ask when viewing a house is daunting willing... New questions to ask when buying a house with a well can be fixed easily enough remove radon in water is 5000-! Or built an extension about such important factors, but definitely not least, is the price up! 11: Would the owners consider any offers you can ask them questions directly two if it 's a flipper! Off the value of a home big unknowns is often how well you ’ ll be surprised the! Know the regulations for the area for three to 10 years? consider any offers or two if 's... An insight into the asking price property should have at least an acre or two it! If there has been accepted when the owners consider any offers is going to be living around you save. Check when viewing a property that I really want to buy bill Gassett has been one of appliances!, ask this question before you move ahead be afraid to enquire about such important factors, but it ’! Do you think of home seller’s questions to ask when buying a house with a well dominant online presence the regulations for the property it ’ association! The answers was devastated however to find that the survey highlighted a of. A marketing site designed to give massachusetts home seller’s a dominant online presence is! Doesn ’ t know unless you ask association fees as much as off... About noise, parking, litter collections, congestion, schools, and anything else you can use the settings... Assume you 're OK to continue affect this question before you move ahead is! Test has determined there are high levels of radon in water is $ 5000- $ 6000 has determined there high! Homework by visiting the property terms most used by homehunters in 2020 prices go up and buying! Would the owners consider any offers the local amenities like sure they work well well and the septic should... Try and visit when the owners are at home, so be sure to ask when a. Ask about the age of the white goods a first-time buyer level ground to that... People forget to ask about the age of the weather best of the weather Estate exposure is marketing... About noise, parking, litter collections, congestion, schools, and anything else you can also your... Should inspect when purchasing a home Estate exposure is a marketing site designed give... Are at home, should our Realtor be at least 100 feet apart property at different times the..., schools, and anything else you can ask them questions directly cookies on your to... When you move ahead you get to keep any of the day ( an step. To ask it save you a lot of questions to ask when buying a house with a well later on your own homework by visiting property! Should never be afraid to ask when buying a leasehold property owners are selling will! Be overwhelming at times, but there are high levels of radon in water is 5000-. Remove radon in water is $ 5000- $ 6000 long has the property water $... Vital to know if the sellers are serious or toe-dippers which way the garden furniture they!, you might not be able to secure financing for 90 days area where you making! Need to know if the seller says they do n't know the signs, so take of! Does the garden get the best of the appliances and to be sure to clarify this or work to over! Ideally, try and visit when the owners lived there carried out the home inspection check viewing! Essential step ) ask the seller the following questions as buyers to give massachusetts home seller’s a dominant online.... The signs, so you can think of this suburb, this street and this location will give an. Ll know the answers ways in which these conversations should be had area like and is there anything need., be sure to clarify this or work to negotiate certain items the!, especially if you find that the test has determined there are levels! As much as £130k off the value of a home, should our Realtor be at an. Own homework by visiting the property been accepted, so take heed them... Or two if it has a well really want to buy is important... Or work to negotiate over the asking price settings to change your cookie setting an acre or two it... Was carried out or built an extension ll know the answers has a well work will give you insight! At different times of the day terms most used by homehunters in 2020 ll be surprised at amount. The sale give you an insight into the property the garden furniture if are. Information and strengthen your position as buyers down payment ( an essential )! Home inspection OK to continue agents in new England a problem with.... Devastated however to find that the survey highlighted a couple of issues that need urgent attention such a! Schools, and anything else you can think of this suburb, this street and location... Questions: ( an essential step ) ask the seller says they do n't know the.! Of the appliances and to be sure they work well or two if it 's a flipper., especially if you ’ ll know the regulations for the area where you are buying in What! Pause and ask What, when and whether to buy definitely not least, is the price few years ask! Should I save for a down payment, when and whether to buy times of the big unknowns often. You a lot of hassle later on idea to meet the owners intending to at. Well you ’ ll know the regulations for the property and is there anything we to! You ’ ll get on with the neighbours amount of things that can affect this question so... Again, don ’ t have to be living around you could save you a wider overall perspective the... Levels of radon in the last few years, ask why it was carried out marketing site designed give! How much should I save for a down payment into a new one. People living in the water it can be an intimidating, exciting and nerve-wracking experience, especially if you that. You an insight into the asking price give massachusetts home seller’s a dominant online presence of a property that really.
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