Further to the above point, asking about any recent building work will give you an insight into the property. Yet buyers need to pause and ask what, when and whether to buy. These are important questions. If they … If it's a foreclosure flipper, you might not be able to secure financing for 90 days. 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. Bad neighbours are thought to knock as much as £130k off the value of a home. 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! I was devastated however to find that the survey highlighted a couple of issues that need urgent attention such as a problem with damp. Question 8: What are the owners intending to leave at the property? It's also well worth speaking to a mortgage broker before starting to view homes to get an accurate idea of your budget. 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. var addy_textee7006a9c498f8e5d026d90a12a0087c = 'info' + '@' + 'pettyson' + '.' + 'co' + '.' + 'uk';document.getElementById('cloakee7006a9c498f8e5d026d90a12a0087c').innerHTML += ''+addy_textee7006a9c498f8e5d026d90a12a0087c+'<\/a>'; Receive our weekly blog posts straight to your inbox. Question 11: Would the owners consider any offers? Buying a home can be an emotional rollercoaster, so preparation is key if you want to avoid making mistakes you may regret later on. The average cost to remove radon in water is $5000-$6000. Other questions to ask when buying a house include any homeowner’s association fees. Conveyancing. Many people hate asking this question as they feel as though they are prying, but you are well within your rights to do so. Don't worry if the seller says they don't know the answers. But, the questioning is far from over! Are there sex offenders in the neighborhood? Fear not. 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. 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. You should never be afraid to enquire about such important factors, but there are ways in which these conversations should be had. 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Knowing which way the garden faces is an important question that many people forget to ask. This email address is being protected from spambots. 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. 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. You need JavaScript enabled to view it. What are your total costs? What is the reason for the sale? Watch our short video below to find out the most important things to check when viewing a property, such as local schools, traffic and noise. Basic Questions: (An essential step) Ask the seller the following questions. What is the condition of the windows? You need JavaScript enabled to view it. Video: things to check when viewing a property. You can use the browser settings to change your cookie setting. Q: I have found a property that I really want to buy and my offer has been accepted. “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. That being said, now that you know how some agents might perceive the question, you can qualify it by explaining why you are asking. Site by Starberry | Sitemap. Finding out about who is going to be living around you could save you a lot of hassle later on. Are they the owners or tenants? Buying a house is exciting. Buying a new home can be overwhelming at times, but it doesn’t have to be a stressful experience. var prefix = 'ma' + 'il' + 'to'; var addyae97e3db82afbf85339dd15fac1a140c = 'enquiries' + '@'; You need JavaScript enabled to view it. How much should I save for a down payment? addyae97e3db82afbf85339dd15fac1a140c = addyae97e3db82afbf85339dd15fac1a140c + 'pettyson' + '.' + 'co' + '.' + 'uk'; What is the seller's moving position? Agents, particularly if they’re local to … 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. It’s easy to get a feel for whether a solicitor is right for you, and this question can help you find it … Revealed: the top 10 search terms most used by homehunters in 2020 . When you move into a new property one of the big unknowns is often how well you’ll get on with the neighbours. November 25, 2020. document.getElementById('cloakae97e3db82afbf85339dd15fac1a140c').innerHTML = ''; Find out about noise, parking, litter collections, congestion, schools, and anything else you can think of. Questions to ask when viewing a house or flat. What is the position of the sellers? Question 9: Does the garden get the best of the weather? Yet, be sure to clarify this or work to negotiate certain items into the asking price. 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? In many ways this is the most important question that should be asked, and is something that is far … It helps to ask about the age of the appliances and to be sure they work well. 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. How much are closing costs? Prices go up and … Question 3: Have the current owners had any works carried out or built an extension? Even if you’re not a first-time buyer, chances are it’s been some years since you last went through the process. In 2018 he was ranked as the #3 RE/MAX Real Estate agent in New England. Knowing exactly why the … All property news. What do you think of this suburb, this street and this location? addyee7006a9c498f8e5d026d90a12a0087c = addyee7006a9c498f8e5d026d90a12a0087c + 'pettyson' + '.' + 'co' + '.' + 'uk'; Has there been any offers? Check out how their property looks too. 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. With more and more people living in ever closer quarters, issues with neighbours is not unusual. Question 1: How long has the property been on the market? House price growth close to three-year high. "Not knowing" is also important information. 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. 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. Question 10: What are the local amenities like? 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. Conveyancing. 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? Again, don’t be scared to ask questions when you are making a purchase of this significance. var prefix = 'ma' + 'il' + 'to'; 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? Appliances, blinds, curtain rods, and ceiling fans are often included with the home. 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. Moving. When I was viewing houses to buy, I was worried about getting it wrong – not asking the right questions, or missing something important. Convey the answers to these questions to your septic test consultant.> “When buying my first house I took some friends back with me for a second viewing, and I’m so glad I did. 11 things to watch out for when buying a leasehold property. document.getElementById('cloakee7006a9c498f8e5d026d90a12a0087c').innerHTML = ''; Know the regulations for the area where you are buying. Call Beaumont Legal – First Time Buyer’s Best Law Firm for Conveyancing for the past two years – on 0845 122 8080 for a quote or visit beaumont-legal.co.uk 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. "Markets change. Buying a house can be an intimidating, exciting and nerve-wracking experience, especially if you’re a first-time buyer. Questions to ask when buying a house. November 23, 2020. A south facing garden will mean long summer evenings, whereas a north facing one may mean you’ll be sitting indoors! 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. 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?’. 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. 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 5: What is the area like and is there anything we need to know? 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. 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. 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. 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. Will you get to keep any of the white goods? Question 4: What is the reason for the sale? 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. If house price mania had a World Cup, Britain would lift the trophy. 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 The well cap should be uphill or on level ground. 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. Knowing exactly why the current owners are selling up will give your further information and strengthen your position as buyers. 10 questions to ask when buying a home. Why? Is it in a state of disrepair? If there has been work done in the last few years, ask why it was carried out. How long have the previous owners lived there? Time to double check a few details: Here are some things to ask when buying a house: If your outdoor space is a big part of your life, ask this question before you move ahead. It’s always a good idea to meet the owners of a property. We have placed cookies on your device to help make this website better. This will give you a wider overall perspective of the area. You’ll know the signs, so take heed of them. var addy_textae97e3db82afbf85339dd15fac1a140c = 'enquiries' + '@' + 'pettyson' + '.' + 'co' + '.' + 'uk';document.getElementById('cloakae97e3db82afbf85339dd15fac1a140c').innerHTML += ''+addy_textae97e3db82afbf85339dd15fac1a140c+'<\/a>'; If you find that the test has determined there are high levels of radon in the water it can be fixed easily enough. It is, however, not cheap. The well and the septic system should be at least 100 feet apart. However, similar to question number 5, this query needs to be handled in such a way that doesn’t imply generic interest. 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. Otherwise we'll assume you're OK to continue. Buying a house is daunting. 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. Ideally, try and visit when the owners are at home, so you can ask them questions directly. 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. var addyee7006a9c498f8e5d026d90a12a0087c = 'info' + '@'; If the house has changed owners several times in … Question 6: What are the neighbours like? You can also do your own homework by visiting the property at different times of the day. While these things won’t always be the case, it’s important to have them in mind whenever you are doing your research. 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. Bill Gassett has been one of the top RE/MAX Real Estate agents in New England over the last decade plus. 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. It is vital to know if the sellers are serious or toe-dippers. Unless you’re paying cash, the sticker price of a house is not the actual … 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. 11 things to watch out for when buying a leasehold property. You’ll be surprised at the amount of things that can affect this question, so be sure to ask it. 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. var path = 'hr' + 'ef' + '='; The property should have at least an acre or two if it has a well. 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. Massachusetts Real Estate exposure is a marketing site designed to give Massachusetts home sellerâs a dominant online presence. Whatever the reason, you won’t know unless you ask. Bill Gasset | Return to Top ↑. Price . The last thing you want is to buy a house next to a … Buckhurst Hill office - 020 8504 5403 or This email address is being protected from spambots. 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. 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. What is the seller's moving position? Question 7: What are the running costs for the property? Zoopla. Do your research about water in the area. Old windows have serious charm and character but they are … 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. Question 2: How long have the owners lived there? Don’t be afraid to ask whether or not the owner would be willing to negotiate over the asking price. Last, but definitely not least, is the price. 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. Is the owner leaving anything behind? "Am I planning on living in the area for three to 10 years?" 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. 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. As £130k off the value of a property that I really want to buy and my offer has been of... New England property should have at least an acre or two if it has a well of. Owners are at home, so take heed of them prices go up and buying... And strengthen your position as buyers it helps to ask about the age of the weather knock as as... Suburb, this street and this location going to be sure to clarify this or work negotiate. Definitely not least, is the reason for the area with damp not be to! 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