Purchasing a home can be daunting. Even if you're not a first-time buyer, chances are you haven't gone through the process in a while.Yes, house buying can be tricky, long-winded and stressful, but estate agents are duty bound to tell you the truth, as long as you ask the right questions.
With so many properties on the market, how do you make sure it's the right one? Here are a few important questions to ask when buying a property.
How long has the house been for sale?
When it comes to what to ask when buying a house, this is a great place to begin.If the house has been on the market for three months or more, you should inquire as to why. Is there a flaw in it that you haven't seen yet but that others have?Surveys will reveal any potential difficulties, but it's best to find out about them before you get too connected to the notion of buying a home.
Why is the property being sold by the owner?
This is very important. The owner may simply be relocating to a different region or a larger property, but there could be a variety of additional reasons that make the property unappealing to a prospective buyer. Is the property too close to a busy road? Are they tired with the upkeep?
How old is the property?
Finding out how old your property is will provide you with hints as to how it was built.Is it a new or recent construction that takes use of energy-efficient systems and greener building regulations? Or was the property constructed in the 18th century out of a material that insurance companies may have a problem with, such as composite building materials like bungaroosh, mundic, or wattle and daub? Or any other wall-building technique that used earth, chalk, lime, and gravel.
Have there been any major renovations done or extensions built recently?
Make sure you can see planning permission for any recent works and consent of the freeholder (if applicable). If proper permission wasn’t obtained for an extension, then you could have to tear it down.
When do the current owners need to move by? Have the sellers found somewhere new?
Being in a chain might cause issues for buyers because any delays or challenges for the sellers will have an impact.The ideal situation is that the property is chain-free but, if not, knowing that the sellers are organised and keen to move quickly can bode well for an uncomplicated sale.
Has there been an asbestos survey carried out?
This may not apply to a new or recently constructed home. On older homes, you should find out if an asbestos inspection was performed because this substance, though once frequently employed in building, contains warnings that it is detrimental to health in the long run. According to the Health and Safety Executive, asbestos kills more people than car accidents each year.Asbestos decomposes, releasing airborne fibers that cause cancer and lung thickening, resulting in shortness of breath.Asbestos is commonly found in old fire blankets, roofs (including the garden shed), floor packing and insulation panels, ceilings, and doors.
Thinking of buying, selling or renting? Let us assist you in reaching your real estate goals! Contact us at (978) 857-9580. Visit our website www.dohertyproperties.com
Check out this article next
