Table of Contents
What questions should I ask my Realtor before making an offer?
7 must-ask questions before you make an offer Why is the seller selling the house? How much did they pay for the house? How much does the seller have left on their mortgage? What’s the housing market like in your area? Are there any recent sales to compare this property to?.
What questions should I ask the seller when buying a house?
10 Investigative Questions to Ask a Home Seller Why Are You Selling? Length of Time on Market. Previous Selling Prices. What Is Included in the Sale? Area Nuisances and Neighbors. Lead Paint and Natural Hazards. Past Problem Conditions. Age Of Components.
What questions to ask before buying?
5 Questions to Ask Yourself Before Making a Purchase Do I need it? First and foremost, determine if your prospective purchase fulfills a need or is simply something you want. What is the real cost? How long will it make me happy? What do I gain by buying this? Is there something else that can bring me joy?.
Can I ask my realtor what to offer?
Your real estate agent will know what you should offer to secure your future house. In a buyer’s market, you can offer lower than the asking price. You’ll still have a good chance of getting the house. On the other hand, in a seller’s market, you’ll need to offer at or above the asking price.
Should I offer less than the asking price?
As with all negotiations, when you are making an offer on a house, start low. A good rule of thumb though is to offer 5% to 10% lower than the asking price. Don’t forget that sellers often take this into account and deliberately put their house on the market for more than they expect or would accept.
Can Realtor lie about other offers?
In conclusion, yes, real estate agents can lie about offers. However, it is more likely they are using vague “sales speak” or being upfront about a specific proposal. It is up to you to discover which, retain control over your purchasing and to act in your own best interests.
What is a good deep question?
Deep Hypothetical Questions If you could have one human talent that you don’t currently have, what would it be? If you had the power to correct one problem in the world, what would you fix? Where would you go if you could teleport anywhere in the world? If you could be an animal for a week, what would you be?Jan 3, 2019.
What questions should I ask at closing?
10 Questions to Ask Before Closing Your First Home Mortgage What will my monthly payment be? When will my payments be due? Will my payment change? Will the seller pay some of the fees? Is there a pre-payment penalty on this mortgage loan? Is the neighborhood right for my family? Is all of the paperwork signed?.
What’s the best month to buy a home?
Therefore, the best month to buy a house is August. Generally speaking, buyers in the fall and winter will have fewer options yet more flexibility in price, and spring and summer buyers will have more options, but less negotiating power.
What are three important buying principles?
In this section, you’ll learn about three basic buying princi- ples that can help you and all consumers achieve this goal. They are: (1) gathering information; (2) using advertising wisely; and (3) comparison shopping.
How do you usually decide whether to buy something?
Here’s how to decide whether to buy or not to buy Ask these 7 questions before buying. Want money or item? Can you wait? Will you use it in the long term? Have you invested first? Are you buying the item for social media? Is it an emotional buy? Are you addicted?.
How do you make a big purchase decision?
7 Questions to Ask Yourself Before You Make a Big Purchase Do I Have Cash to Pay for the Item? Do I Really Need This Item? If You Do Need the Item, Do You Need It Right Now? Can You Find a Used One that Will Work? Is It Worth the Investment to Purchase the Higher-Quality Product? When Does the Item Usually Go On Sale?.
How do you pick a realtor?
How to find a real estate agent Talk to a lender before you hire a real estate agent. Get referrals from your network. Research potential candidates. Interview at least three real estate agents. Request references — and check them. Go with your gut. Take a close look at your contract.
Can I outbid an accepted offer?
If the purchase contract hasn’t been signed, the seller could accept another offer, even if you think they’ve accepted yours. The seller generally cannot cancel your contract if you are in compliance simply because the seller received a better offer from another buyer.
Can you put an offer on a house that already has an offer?
You can make an offer on a house that already has an offer, provided the executed contract has not been signed. You can also have an offer accepted in this situation, or ask the seller if they could put your on their back up list.