Questions to ask during a showing
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Key Questions to Ask During a Showing 🏡💬
1 - How long has the property been on the market? Knowing the duration a property has been listed can offer valuable context. A longer listing period may indicate room for negotiation, while a shorter time frame might signal high demand.
2 - What is the sale history of the home? This can provide valuable context regarding previous transactions, price fluctuations, and potential red flags. Understanding the property's past can help you make informed decisions about its value and suitability.
3 - How old is the roof? The age of the roof is a critical factor in assessing the condition and potential maintenance costs of the home. Knowing the age allows you to anticipate future expenses and plan accordingly.
4 - Are there any recent upgrades or repairs? Recent improvements not only showcase the care put into the property but also helps assess its current condition. From updated appliances to renovated bathrooms, these upgrades contribute to the overall value and livability of the home.
5 - What's the motivation behind selling? Understanding the seller's motivation can provide leverage during negotiations and give insight into the home/neighbourhood. Whether it's due to relocation, upsizing, or downsizing, knowing their circumstance allows you to tailor your offer accordingly and potentially learn more details about the home and neighbourhood.
6 - Is the property part of a Homeowners Association (HOA)? Understanding the existence of an HOA and its regulations is crucial for evaluating the overall cost of homeownership and any additional rules or restrictions that may impact your lifestyle. From monthly fees to community guidelines, knowing about the HOA ensures you make a well-informed decision.
By asking these strategic questions, you gain deeper insights into the property and the seller's situation so you can make confident decisions in your home buying journey. Let's embark on this exciting adventure together!
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