When you are buying a home, there are many problems that the seller is obligated to disclose. But, these disclosures don’t always paint the entire picture of the home. Here are six questions you may want to ask that can offer additional insight about the prospective home before you make a final decision.
Why is the seller selling the house? This question may help you evaluate the “real value” of the property.
How much did the seller pay for the home? This question can, in some instances, help the buyer negotiate a better deal—maybe even get the seller to carry part of the loan.
What does the seller like most and least about the property? By asking the seller what he or she likes most and least about the property, you might get some interesting information. In a few cases, what a seller likes the most about a home might actually be something the buyer is looking to avoid.
Has the seller had any problems with the home in the past? Even if it is something that has already been fixed, it is important to know the history to ensure the issue was properly repaired.
Are there any nuisances or problem neighbors? Use this answer to find out about any noisy neighbors, barking dogs, heavy airplane traffic or even planned changes to the neighborhood, such as a planned street widening.
How are the public schools in the area? – Because the value of a neighborhood is usually greatly influenced by the public schools in the area, finding out the buyer’s perception can give you some insight about the quality of the area’s schools.
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