Introduction
You may be having various questions in your mind regarding purchasing a house. Here then, the realty agent is supposed to tell the situation as it is. For this you have to put forth the appropriate questions.
The markets will not remain the same. Sometimes it may be in favor of the seller; sometimes in favor of the buyer. According to DC Fawcett It’s better to pose questions to your agent so that you gain knowledge about the nature of market.
Now let’s see some of the questions that the home purchasers should ask at the outset of purchasing the home.
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You can ask questions about the offering price. You can ask about the span the property has been in the market, the amount the seller paid, the outstanding amount of the seller etc.
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It is also good to explore about the condition of the property prior to buying. This includes the nature of foundation, the presence of insulation in the walls of the property etc.
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The world of real estate revolves around location and it goes without saying that homes in nice areas have more value. You can also know about the demographics in the vicinity, the type of houses in the neighborhood, the location of the schools etc.
These are some of the questions that you can specifically ask to the professional agent.
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You can ask the reason for the owner’s act of selling the property. It may be that the owner has some work in abroad and they have to leave the place for that.
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When you have some doubts, you can ask the neighbors too so that you would be in a better position to know even the negative factors.
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You can ask about the elements that the sale encompasses. This may include asking questions like the inclusion of garden shed.
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When you come to know that the owners are shifting from the property after a short span you can know the reason.
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You can also ask the agent regarding their prolific nature of their offers. When you know about the other offers you can easily cognize what sum you should give.
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You can know the time when the sellers should relocate. It may happen that you have to wait because they didn’t find some other place to move in.
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You can also find whether you can communicate with the sellers.
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The availability of noisy neighbor is another important thing to be considered while purchasing a property.
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You can ask the agent to elaborate on the Energy Performance Certificate.
The various online information centers may not provide you the correct estimate; it can only give a rough idea of value in your neighborhood. Agent CMA is another aspect wherein you get a comparative market analysis i.e it gives idea about the worth of your property.
Conclusion
One should remember that an online estimate cannot be an alternative for agent CMA. Also it cannot exactly take the place of an appraisal.
Dc Fawcett, the founder of the Virtual Real Estate Investing Club, has given a fair idea regarding these lingering questions about realty market scenario. You can get a clear idea by going through Dc Fawcett’s blogs and get an answer to your questions.