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 should a buyer ask?
Asking the Right Questions How long have you been looking? Are you working with another salesperson/broker? How many are in your family? Do you own now or are you renting? Must you sell or complete the lease period before buying? Have you seen any homes/investment properties that you really liked?.
What should you not say when buying a house?
Ross says there are three things you never need to disclose with your real estate agent: Your income. “Agents only need to know how much you are qualified to borrow. How much you have in the bank. “This is for your lender to know, not your real estate agent,” he adds. Your personal and professional relationships.
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.
What to do before putting an offer in on a house?
9 Things to Do Before Making an Offer on a House Have your cash ready. Get prequalified/pre-approved for a mortgage. Do some (more) research. Run the expenses through your budget. Take another walk through the house. Get a home inspection. Talk to the neighbors. Evaluate the commute to work.
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?.
Can agents lie about other offers?
The Realtor Code of Ethics states that agents must disclose offers on the property to any other broker seeking cooperation. Realtors cannot lie to or hide information from another broker who is requesting information in an attempt to cooperate on the sale.
What should I check before buying a house?
8 Critical Things to Check Before Buying a Home Check That All Appliances Work. Bring a Phone Charger to Test the Outlets. Take a Peek at the Electrical Panel. Open and Close All Windows and Doors. Test Toilets, Sinks, Showers, and Baths. Scout Out Areas of Potential Leakage. Pay Close Attention to Basement Walls.
Can you talk to the seller when buying a house?
Can A Buyer And Seller Communicate Directly? While it is unethical for a REALTOR to speak to another agent’s client, there is nothing wrong with a buyer and seller communicating directly. They are not held to the same ethical standards. It is completely ok for a buyer and seller to directly speak to each other.
How do you screen potential when buying a house?
Prepare Yourself Before meeting with any potential buyers, put yourself in a business state-of-mind. Remove your emotional attachment to the house. Be brief when pointing out all the improvements you’ve made. Leave the buyer alone to wander the house and free to converse without you overhearing.
How much money should you have saved up before buying a house?
When saving up for a home, it’s key to have a reserve of cash savings — or an emergency fund — that isn’t used for the down payment or closing costs. It’s a good idea to have at least 3-6 months of living expenses saved up in this cash reserve.
What do you say when buying a house?
15 Questions to Ask When Buying a House What Questions Should You Ask Before Buying a House? What’s my housing budget? How much should I save for a down payment? How much are closing costs? Do I need to save for moving expenses? How will I furnish and decorate? What’s the neighborhood like? What are the schools like?.
Is my Realtor lying?
If you’re unsure whether an agent is lying to you about their production, a simple phone call to their broker to find out their track record will usually uncover whether they’re lying or not about their sales history.
