When you’re ready to buy a house, it’s common to fall in love with the first property you see. However, as attractive as the home might seem, you should glean as much knowledge as you can before committing to a purchase. Your real estate agent is the best resource during the house-hunting process, and below are five key questions to ask them before you buy.
4 Questions to Ask Your Realtor® Before You Buy a House
1. What Is the Home’s History?
Inquire about the history of the home to avoid any unwanted surprises down the line. First, ask about prior sales, specifically when the house sold last and how much the current owners paid, as this will be valuable if you decide to make an offer. In addition, ask about any unique events that occurred in the home that may be a red flag, such as a death, crime, or pest infestation.
2. What Are the Monthly Fees?
While your monthly mortgage payment will be the bulk of what you owe, consider maintenance and utility bills, too. Inquire about the type of power the home uses, whether it be gas, oil, electric, or a combination thereof, as this will affect your energy bills. In addition, ask whether there’s a homeowners association fee to help determine whether you’ll be able to afford the property.
3. How Old Is the Roof?
Next, consider the age and condition of the roof, as a repair or replacement could put you out of budget. Newer roofs typically have a life expectancy ranging from about 15 to 50 years. If the structure surpasses this time frame, discuss it with the inspector to determine whether any repairs are necessary prior to closing.
4. Have Any Appliances Been Replaced?
Learn whether any appliances have been replaced in the home and whether plumbing and wiring have been updated. These renovations can be costly and may put you over budget. Don’t get caught up in the latest appliance trends; the most important factor is that everything is functioning properly.
If you’re ready to buy a house, put your trust in Nancy Olmos - Realtor - John L. Scott HWP, Bellevue. With over 27 years of experience in residential real estate in the Seattle area, she assists in everything from home preparation to marketing, remodeling, and staging. To schedule a free real estate consultation or start house hunting, give her office a call at (206) 235-1332, or visit the website for more information.