Buying a home is one of the most important purchases anyone can make. You owe it to yourself to find out everything you can about the home and its location before making an offer.
Here are essential questions you should ask home sellers:
- Why are they selling?
There are plenty of reasons why a homeowner would put their house on the market. They could be moving because they’re relocating abroad, retiring, upsizing, or establishing a business elsewhere. Finding out why the homeowner is selling helps you gauge the seller’s openness to negotiate.
- What is included in the sale?
Always ask what comes with the property and get it in writing to avoid confusion when you move in. You may want some of the home’s key pieces like armoires and the like so it pays to inquire. Be attentive to small items you wouldn’t normally think about like bookshelves.
- How much did the seller buy the home for?
Knowing how much the seller originally paid for the home gives you an idea of how open they will be to negotiating.
- How long has the property been on the market?
If the house has been for sale for more than three months, find out why. Often, luxury homebuyers are in no hurry to sell; some don’t even list their properties. But asking how long the house has been on the market might uncover another reason that may affect your decision to make an offer. There might be underlying problems you aren’t aware of yet. A house could also be on the market too long because it’s overpriced. Consult your agent on the best course of action.
- What’s the condition of the house?
In Colorado, sellers are required to disclose information about structural conditions, problems with appliances or equipments, environmental conditions, wiring problems, water damage or damage due to pests, heating and cooling systems, ventilation, plumbing, and drainage. Knowing about the condition of the house can save you from maintenance issues in the future.
- Has the house undergone renovations?
If a home has been renovated, determine the exact nature of the work that was the done and the contractor who oversaw their completion. Ask for the corresponding permits. You can have a home inspector check the integrity of the renovations.
- What are the neighbors like?
Even if you move into a gated community, you’ll always want to know about the people who live in your neighborhood. The home seller is your best resource. If you have kids, it would be nice to know if there are other children they can be friends with. Ask how tight-knit the community is and how active the home association is. You may want to attend a few community events to get to know the neighbors.
- How is the neighborhood?
Ask the seller about their favorite parks, shops, and restaurants in the area. It’s good to get the inside scoop from people who live there. You should also inquire about the school district, the trash pick-up schedule, and the like. Knowing the lowdown on the neighborhood will give you a better idea of what life is like in the area and if it’s right for you.
Looking for the perfect place in Colorado? Just give us a call at 702-44-1796 and 720-24-1796 or send an email to Jodi(at)RandaCoProperties(dotted)com.