Six Questions to Ask during a Home Inspection

Thanks to the Internet and your realtor’s digital tools, you can learn a lot about a home before visiting. However, some things, are best to ask the agent in person when you’re touring a property.

Who is the owner and why is he/she selling?

It’s crucial to know who the owner of the property, their relationship to the property and their motivations.
Is it the original purchaser or the recipient of a bequest from a will?

Though, the agent isn’t obligated to tell you, he or she might. The answer could reveal
issues not included in the listing description.
Is there a new highway planned nearby?
Is the seller experiencing financial difficulty, are there litigation issues, any family disputes or criminal activity? If the agent does reveal, for instance, that the owner is desperate to close quickly, you might be able to use that to your advantage when negotiating price.
What type of title does the owner hold and will the originals be handed over at the close of sale?

Some homeowners are finicky about disclosing their title deed on a property directly to buyers for a number of reasons. however, a professional agent would have seen the document and can attest to its originality before showing the property. In that case, ask the almighty question of what type of title it is and whether or not you will be given the original copies at the point of sale.

What is the sellers’ timeline?

Does the property owner need to relocate immediately for work/green card lottery/business venture? Or are they waiting for the kids to finish the current school year? It’s important that your timeline for moving into the home and the owner’s timeline for moving out match up.

What, exactly, is for sale?

Find out precisely what is included in the selling price. Are the furniture and fittings part of the deal? What about the adjoining land/compound? Learn whether the appliances and fixtures, such as ceiling fans, are included in the sale price.

Are there any issues with the property?

Though, sellers are supposed to reveal most problems; the norm is that any problems will usually be hidden but a chatty sales agent, neighbor or landlord might reveal more than is included in the listing. It certainly can’t hurt to ask. Does the house or street flood during the rainy season? Is there security? Light?

Who are your neighbors?

Asking about the people that live nearby and their profile is a significant piece of information in your property search. Is there an ex-Governor down the street,  or perhaps a current state commission, diplomat, public servant, business mogul or first class royalty lives next door.  These personalities because of their standing and status in the society can significantly affect the attractiveness of a particular neighborhood.

Have the owners completed any major renovations?

A recently renovated house can indicate that the house is in better shape than ever and ready for you to enjoy. It could also indicate less work will be needed in the future. Be sure to get the full story about any recent property updates.