5 Things to Ask Your Realtor® When Buying a House

Are you in the market for a new home? If so, it's important to ask your realtor the right questions.

There are certain things you should be sure to find out before you sign any contracts.

In this article, we will discuss five of the most important questions you should ask when buying a house. By knowing the answers to these questions, you can make an informed decision about which property is right for you!

What's the Total Cost of the Property, Including Taxes and Fees?

When you're looking at a property, it's important to know how much the total cost will be. This includes not only the purchase price, but also any taxes and fees associated with the property.

Your real estate agent should be able to give you an estimate of these costs so that you can factor them into your budget.

It's important to have an idea of the actual total cost because  it could affect your ability to get a mortgage or afford the property. 

What is the Current State of the Real Estate Market?

The real estate market is constantly changing, and it's important to know where it stands before you start looking at properties.

Your realtor® should be able to give you an overview of the current market conditions.

This includes things like the average price of homes in the area, how long properties are staying on the market, and what kind of demand there is for houses.

By understanding the current state of the real estate market, you can make a more informed decision about whether now is a good time to buy or if you should wait for a better time. 

How Long Has the Property Been on the Market?

If a property has been on the market for a long time, there might be something wrong with it.

On the other hand, if it's a new listing, you might have to compete with other interested buyers.

Either way, it's important to know how long the property has been on the market before making an offer.

Your real estate agent should be able to tell you how long the property has been listed and give you some insight into why it hasn't sold yet. 

What Are the Terms of the Contract?

Before you sign a contract, it's important that you understand all of the terms.

Your realtor® should be able to explain anything that you don't understand. For example,  you should know how long you have to complete the purchase, what happens if you default on the loan, and what repairs or renovations are included in the sale.

By understanding all of the terms of the contract, you can avoid any surprises down the road. 

Be sure to ask about things like the length of the contract, the purchase price, and any contingencies that are included.

By knowing all of the terms of the contract, you can avoid any surprises down the road. 

When Can I Move In?

This is an important question to ask because it can affect your plans.

If you need to move quickly, you might not be able to wait for the current owner to move out.

On the other hand, if you're not in a hurry, you might be able to get a better deal on a property that's already vacant.

Your realtor should be able to give you an idea of when the current owner is planning to move out and how long it will take for the property to close. 

Asking your realtor® these five questions will help you make a more informed decision about which property is right for you! By knowing the answers to these questions, you can avoid any surprises down the road and be sure that you're getting the best deal possible.

Work With the Best Agents When Buying a House!

At Harvey Goodman, Realtor®, our agents aren't just the best at what they do, they're also the most driven when it comes to finding your new home.

We love our communities, and we love to help them grow by helping our neighbors find the homes of their dreams.

If you're thinking about buying a house, give us a call today and we'll work with you to find a new place to call home.