If you’re geared up and excited to purchase your first house, it’s easy to overlook some crucial aspects of the property. But your dream home can quickly become a costly mistake if you don’t dig deep, which is why there are a few key questions to ask when buying a home. Sticking to these and working with a real estate agent will provide peace of mind and assurance that you’re making a sound investment. Use the questions below to get started.

Ask These 3 Questions Before Buying a Home

1. What’s the Repair History?

While a home inspection will provide the current status of the home’s foundation, primary systems, and overall integrity, you’ll also want to know what repairs have been made in the past. Ask about previous infestations, broken piping, electrical and HVAC issues, and problems with the property the owners have had to address. You want to be certain everything was repaired correctly and that there’s no potential for repeat incidents.

2. What Are the Advantages of the Location?

When buying a house, you want to make sure you’re investing in a property that will appreciate over time. Location plays a significant role in this, as well as your current well-being. Homes in reputable school districts, distinguished neighborhoods, and established or up-and-coming areas have immense appeal and will likely gain value over time. Aside from your own research, you should speak with a real estate agent and the current owners to get several perspectives on the pros and cons of the area.

3. What Is the Asking Price Based On?

Many sellers price homes subjectively, and you want to make sure you’re truly getting an accurate price based on market conditions. Ask what other homes in the area are selling for, how the owners came to the initial price, and how long the home has been on the market. These questions, along with a professional appraisal and inspection, will give you the true value of the home that you can then use in negotiations.

Realtor® Amber Lube, Keller Williams Concord/Kannapolis knows what a significant investment a home is, which is why she and her team are committed to helping buyers achieve ideal results. Whether you’re buying a home or selling, she can assist at every step and brings the real estate expertise needed to ensure a smooth process. Call (704) 467-0685 to speak with Leaurel Lube or (704) 577-5966 for Amber Lube. You can also explore homes throughout Cabarrus and Rowan Counties in North Carolina by visiting them online.