Important Questions to Ask When Buying a Home
Buying a home – what an exciting time! But don’t get carried away with all the excitement. Now more than ever, you need to think carefully about your decisions. It’s easy to get emotional about a home you fall in love with. Many times people will let their emotions take over and not ask the important questions that need to be asked before buying a home. And that can lead to some major buyer remorse.
What are the most important questions to ask when buying a home? Here’s a few to consider.
What Is the Home’s Market Value?
This is a very important question since it will determine the amount you’ll offer for the home. You need to know what the market value is to make a solid offer. But also remember that there’s no magic formula for making an offer. But the market value is certainly the biggest factor in making a decision.
How Much Did the Seller Pay For the Home?
Many people will buy a home just to flip it for a huge profit. Some may have made improvements to the house that will increase the value, but that’s always the case. Knowing how much the previous owner paid will give insight into whether or not the home is overpriced.
How Long Has the Home Been on the Market?
You can sometimes tell the motivation level of a seller by how long the home has been listed. Sure, it’s also the agent who can affect this factor. Your agent can look to see how many times the home has been relisted and the pricing history.
Click here to find more important questions to ask when buying a home. And always feel free to call or contact Sandi and her team for expert advice.
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