If you’re a prospective home buyer and have decided to attend an open house sale, then you must remember that it’s a significant step in the home-buying procedure. It’s the ideal chance to see the home in person and thereby get a better feel of everything it has to offer. Once you walk out of the open house sale, you have to ask yourself whether you & your family can reside there.
But, that’s not all though because you also need to ask other viable questions as well. Hence, we have rounded up some of the ideal questions that you should be asking before you decide to finalize the deal.
Questions To Ask During An Open House Sale
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How Long The House Has Been On The Market?
According to a reliable company for home inspections in St Augustine FL, when you search for a home online, you’ll often find information regarding the amount of time a specific property has spent on the market. You can ask this question to your realtor as well. However, you must discuss such a matter in-depth with your agent because they are the ones who can shed light on why the house has been on the market for a short or long amount of time.
It can be possible that a particular house was ready to be sold but the deal failed because the buyer’s financial support wasn’t ready at the last minute. On the other hand, it can also be possible that a house only has been in the market for a short period but is already garnering huge amounts of interest from buyers.
Hence, every bit of information matters, and the more you can obtain them, the better it will be for your purchase.
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What’s The Price History Of The House?
The original price of a house can sometimes be either the same or different from the closing price. Hence, it’s crucial to learn how many times have the seller changed the price of the house along with the relevant reason.
In case you come to know that the price has seen multiple fluctuations, then it’s a sign that the asking price of the house is highly flexible. Thus, you can use the same to your advantage.
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Why The House Is Up For Sale?
There can be various reasons why a house has been put on sale and you should try to find out the reason for the same. In case the seller’s agent (or the seller) spends less time explaining the reason for the sale, then you know that it’s a good sign. However, if the seller’s agent/seller hesitates to answer your question seamlessly, then it can be a symptom of something serious.
It can be possible that the house is located inside a bad neighborhood or there’s a lack of availability of public transport & general conveniences. So, if the seller cannot stay in his or her house, then most probably you couldn’t as well. However, personal preferences do differ.
Even if the house looks like the dream home that you always wanted, you should look for clues that can help you uncover any bigger issue. Ideally, the seller should provide you with all the available paperwork, but if you don’t happen to obtain a comprehensive picture, then it can be possible that there can be some structural problems with the house. Times like these are when you need to opt for a professional home inspection service and unearth the issues.
And that pretty much sums up our comprehensive guide. We hope you enjoyed our write-up and in case you have any further queries, don’t hesitate to let us know. We’re ready to assist you.
