Questions To Ask A Home Seller Before Buying

Posted by Dan Wolf on Thursday, April 18th, 2013 at 1:14pm.

When you are in the process of looking for a new home, it can seem like an intimidating process. The best way to approach it is to treat each seller with respect and the expect respect in return. If you do not feel that a seller is respecting your offer, then it is time to pull the offer and move on to a different property. As you go through the process of looking for a home, there are a few questions you should ask each seller before making your final decision.

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One of the first things you should ask a home seller is to describe any remodeling or repairs that have been done recently to the home. A prepared seller will have invoices to verify the date and scope of any projects that have been done on the home. That will help you to really see what kind of investment was made in the property and how much value was actually added to it.

Another good question to ask is about the monthly utility bills. Some utility companies will give you a general idea of how much a homeowner pays for heat and electricity each month, and some will not. Once again, the prepared home seller will have bills for you to review to give you an idea of what utilities cost each month. This is important because any home improvements made to increase the cost-efficiency of the home could save you hundreds of dollars each year on your utility bills.

A question you should ask the neighbors of the property is what they think of the neighborhood. Too many home buyers neglect to investigate the neighborhood they will be moving into by simply walking around the area and asking questions of the local residents. The people who live next to and near the home you are considering buying will want to find out about their new neighbors just as badly as you need information about the neighborhood. So this is a mutually beneficial exchange of information that every home buyer should engage in.

Before you visit a home you are considering buying, you need to create a list of questions you have and things that you need to know before you make the purchase. The more research that you do on a prospective property, the better value you will get when you finally do sign on the dotted line.

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