Buying a home is exciting, but when you are working with a Realtor®, you want to ensure you are asking the right questions about a potential investment. Below are a few questions and some facts to consider when looking at houses for sale.

A Guide to Viewing Houses for Sale

How long has the property been for sale?

It is important to know how long houses for sale have been on the market. A long time may mean there is an issue with the property. It may also mean the seller is not willing to budge on the asking price. These details can impact your desire to purchase the home.

Why are the owners selling?

Find out the reason behind the sale. If they are moving out of town or downsizing, you will feel much better about the investment than if there is a structural or environmental issue pushing them out, like a problematic foundation or a crime spike in the neighborhood. Also, ask how long they lived there. Longevity in the same place is a positive.

What are the disclosures?

If there are issues with the house, the seller is legally obligated to disclose that information. This includes structural problems, heating and cooling system troubles, appliance issues, and more. Disclosures may make you change your mind or you can use it as a leverage in negotiating the price.

Is the price right?

Ask the Realtor what the property is worth. They can compare the asking price to similar houses in the area so you can make a well-researched offer if you choose to bid on the home.

Have the owners renovated lately?

Ask if the current owners have had any major renovations. A structural survey will reveal work, but you can also ask for evidence like construction receipts. It is also wise to request proof that they received the right permissions for projects like decks and additions. Not having the right permits may mean you will be on the hook for removing these projects.

When you are ready to look at houses for sale, you want a trustworthy Realtor with whom you are comfortable. That is where M R Real Estate comes in. Located in Miamisburg, OH, the real estate agency brings more than 50 years of experience to the Dayton area, ensuring both buyers and sellers have what they need for their properties. To speak with a real estate agent, call (937) 865-5211. Visit their website to explore available listings.