Judith Sutton ABR CRS IDS PMN ASP IAHSP SRES GREEN
Judy@JudithSutton.com 908 803-0472
EXPECT MORE
WHAT TO ASK WHEN BUYING A HOME
Questions you can Ask When Buying a House, cont.
11. How old are the appliances?
Imagine moving into your new house only to find out all the appliances are not in the greatest shape. If you know that certain major appliances are on their last leg before you buy the house, you could probably work out a deal with the seller with your trusted advisor negotiating for you. So ask about the current life expectancy of all the items that come with the house and when they might need to be replaced if the information is not clear on the Seller's Disclosure. This includes the HVAC system, water heater, washer/dryer, refrigerator, stove, and dishwasher. A home inspection will address these issues, but it's good to ask.
12. What’s included when I buy?
You’ll definitely want to ask what’s included with the house you’re buying. Just be careful not to assume you’re keeping all the appliances, lighting fixtures, and window treatments when you make an offer. Through the negotiations, I will make sure all these questions are answered.
13. What are similar homes selling for?
This is a question I can help you answer. I will provide you with a current up-to-the-minute competitive market analysis (CMA) of current home sales and home types in the area where you’re looking to buy. Answering this question can help you see if the home you want to buy is set at a fair price.
14. What’s the reason for selling?
See if you can find out why the seller is leaving. The reasons most sellers sold their homes recently were because they felt it was too small (15%), they wanted to move closer to friends and family (14%) or they relocated for a job (13%). This information might also help you at the negotiating table. For example, say the seller is on a tight timeline because they’re moving for a new job and don’t want to miss their start date. They might be more willing to work with you on the price to get it sold faster. A good Realtor may be able to help with this if the information is available, to your advantage.
15. How many days has the house been on the market?
This is another question that can help you be a smart negotiator. The longer a house sits on the market, the more buyers wonder if something is wrong with it. How long is too long? Every market is different. So ask your real estate agent to give you an idea of how fast houses are moving in the market where you’re shopping.
There are probably many other questions and concerns you may have for your advisor. I will be there to guide you through the process in a calm and professional manner.
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