Embarking on the journey to find your dream home is exciting, but let's be honest, it can also feel like a full-time job. Within a whirlwind of properties to see and decisions to make, it's easy to get swept up in the excitement. But fear not, because we are here to arm you with some sharp questions that will turn you into a house-hunting pro in no time!
So, you've found a home that catches your eye - it's got the charm, the space, and hey, even that little garden you've always wanted. But how do you really know if it's "The One"? Simple - ask your agent! Your real estate agent is your ally, your guide, and sometimes your reality check in this home-buying journey. Let's turn you into a savvy home-buyer who knows exactly what to ask to avoid those pesky, unforeseen problems down the road.
Here are five key questions to help you uncover the real story behind each property you visit...
Before you fall head over heels for a house, let's talk numbers. Your first mission is to get the full picture of the property's value. A CMA will show you how the asking price stacks up against similar homes in the area. If it's higher, it's time to sharpen your negotiating skills. If it's lower, well, that might just be a red flag. It's also helpful to get the scoop on the neighbourhood - is it on the upswing or heading towards a row of "for sale" signs?
Here's where a bit of curiosity pays off. Knowing why the seller is packing up can give you insight into the home and some potential wiggle room on the price. Is it a job move, a need for more space, or did they find something about the house or neighbourhood less than ideal? And hey, if the house has been playing musical chairs on the market, you've got to wonder why. This info might just give you the upper hand in negotiations.
Now it's time to get specific. It's important to clarify what's part of the deal and what's not. Are those stylish light fixtures and the fancy built-in closets included, or will they disappear before you get the keys? Make sure that what stays and what goes is crystal clear in the sales agreement. Nobody likes surprises on moving day!
Your wallet will thank you for this one. Understanding the ongoing costs, like property taxes and utility bills, is crucial. Also, are there Sectional Title Scheme levies or a homeowners association lurking around with its own set of rules and fees? Make sure that you are aware of the whole financial picture of the home. Better to know now than to get an unexpected welcome note (and invoice) later.
Finally, make sure there are no skeletons in the closet, literally or figuratively. Many uninformed buyers end up investing in a fixer-upper without knowing it. Ask about any disclosures, from lead paint to water damage. It's better to have these chats now than to uncover unpleasant surprises later. Knowing the full history of the house can help you make an informed decision.
Stepping into each viewing armed with these questions will put you miles ahead in your house-hunting journey. Remember, the right home is out there, and with a little bit of detective work (and a great agent by your side), you're sure to find it.
Reach out to our team at SAproperty.com to connect with friendly and experienced agents who can't wait to guide you every step of the way to your new home sweet home!