We're looking for anything that can help us right now.
2007-05-27 08:02:51 · 9 answers · asked by *em* 1 in Business & Finance ➔ Renting & Real Estate
1. Can we afford it.
2. How much work need to be done after buying the house.
3. How much remodeling can we actually afford after buying the house.
4. Can we see ourselves celebrating holidays here?
5. Does this fit our needs?(if always in the kitchen is the kitchen big enough, do we have enough bedrooms etc.)
6. Is the yard fenced in. (good if you have a dog)
7. Is the house behind us on a hill?(not good when it rains because the water will go in your yard)
8. Good schooling nearby?
9. Is it a good,safe community?
2007-05-27 08:07:04 · answer #1 · answered by xoxox 4 · 0⤊ 0⤋
#1 - CAN WE AFFORD IT?
Who are you asking questions to, your Realtor or the home owner?
If you are asking the home owner, ask them to tell you a little bit about the house. They will hit on features they think are important. Ask about the neighbors, are they renters or is mostly owner occupied homes? Talk about how long they have owned the home, make small talk, and glean as much as you can.
If you are asking your Realtor: You want to know how the homes you are considering compare to other things on the market. There is a ton of inventory in this buyers market, you may be able to buy more house elsewhere. Make a list of things that are *must haves* - not just bedrooms and baths, items that are non-negotiable, such as storage, garage, appliances included - whatever you must have so this does not get blurred as you view properties. Then assemble a wish list, things you would place a property over another on your list.
It is easy to get overwhelmed once you start looking at houses, if you have your "road map" in place, it can keep you on track. And you won't waste time by considering properties that don't meet your needs.
Good luck and have fun! Home buying should be enjoyable!
2007-05-27 14:10:56 · answer #2 · answered by godged 7 · 0⤊ 0⤋
A few and not in order of importance:
1. What will be my interest rate?
2. What will my home owner insurance premium be?
3. Will I need lender insurance?
4. If the house is not brand new--what guarantees do I have on heating system, plumbing, termites, roof, etc?
5. What(how much) are the property taxes?
6. Can I afford the payments when all specialty interest rates are done and I have to pay interest + principle each month?
2007-05-27 08:12:19 · answer #3 · answered by cgm 2 · 0⤊ 0⤋
What kind of neighborhood is it?
How much are the taxes?
How old are the roof? Furnaces? Windows? Stove?
Is this a gas or oil furnace.boiler?
How much are your utilities? Heating Oil(if applicable)
Have u ever had termite problems? Roach? Rodent? Deer? Bear?
Ask a homeowner that you know PERSONALLY, and ask then what u should ask while u house hunt. These were just a few questions that I can think of.
2007-05-27 08:17:39 · answer #4 · answered by Mass Appeal 2 · 0⤊ 0⤋
Take a good look at the neighborhood that the house is in. Look during the day and then the evening. Notice the activity around the area, Kids, dogs etc.
2007-05-27 08:13:18 · answer #5 · answered by jim l 2 · 0⤊ 0⤋
Usually the agent you work with has all the questions but just to keep everybody honest, you should always ask for a seller's property condition disclosure. This disclosure will tell you what the seller knows is right and or wrong with the property, it will also tell you if there is a need for a federally mandated lead abatement review based on the age of the home etc. If you want to see more about what is required or just general knowledge of real estate I suggest that you go to http://www.realestateformnm.com/ResearchLink.aspx and browse through their real estate research categories including those shown for your particular state.
Best of luck to you.
2007-05-27 08:08:39 · answer #6 · answered by newmexicorealestateforms 6 · 1⤊ 0⤋
Ask how old the roof is, the furnace/air conditioner. I would also ask if they've had any drainage problems. All of those thing are really expensive to fix. When you buy a house, you need to have it appraised and inspected, so hopefully they could help you in that area. Its always good to ask how much their utility bills run also. Good luck on your house buying!!
2007-05-27 08:09:08 · answer #7 · answered by pebbles 6 · 1⤊ 0⤋
What do you know about the house, area, or anything that happened here that suggests that we NOT buy?
Ask this of everyone. Potential neighbors, local shopkeepers, sellers, other lookers you happen to meet, agents, co-workers, etc. [Some may not answer -- agent is usually legally bound to represent the owner's interests.]
2007-05-27 08:08:29 · answer #8 · answered by Spock (rhp) 7 · 0⤊ 0⤋
an exciting new community in downtown Stouffville.
2007-05-27 08:05:53 · answer #9 · answered by Anonymous · 0⤊ 1⤋