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5 Questions home buyers usually ask the agent.

 

 

  1. Why are they selling?

Understanding the reasons motivating the current owner's decision to sell is crucial for navigating negotiations effectively. Is it driven by market opportunities, financial constraints, or the burden of maintenance expenses?

2. What is the condition of the house?

Ensure to inquire about the house's age, condition, and any recent upgrades or renovations. Additionally, gather information about the status of key systems such as the roof, foundations, and any work needed.

3. How long has the property been on the market?

While the real estate market can be unpredictable, prolonged listing periods may raise concerns. Are there abundant similar properties competing for attention? Have any building and pest inspection revealed any areas of concern? This situation could potentially open avenues for negotiation, especially if the seller is eager to finalise the sale.

4. Are there any property or land-related concerns?

Be diligent in addressing any potential issues with the property, including structural integrity or zoning restrictions. Failure to clarify these aspects team could result in unforeseen expenses post-purchase.

5. Are they negotiable on price?

Understanding the seller's stance on price negotiation is vital for aligning your budget and making informed offers. Given the significant financial commitment involved in home buying, knowing the seller's willingness to negotiate can influence your decision-making process.


 

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