Questions to Ask Before Buying a House

 

The process of buying a home is both exciting and stressful.  There are so many aspects that play into your Home Search and eventual purchase.  Hopefully, if you are going through this process, you have hired a fantastic real estate agent who is helping ease some of that stress.  In this process, where tensions can tend to run high, it’s important to not get carried away with any of the stress or the excitement.  Sometimes buyers dismiss wonderful homes due to very minor issues, simply because they don’t understand the details of the problem.  Opposite that, sometimes buyers get so excited about a particular house that they fail to look at it objectively and don’t ask the questions they need to be asking.  Here is a list for those of you who are emotionally driven, because it can be difficult to think of the right questions to ask when you are filled with excitement about a home.

 


 

Can I see the seller’s disclosures?

 

It is very important that you get all the information you can about the home you may potentially Buy.  A seller’s disclosure will have information regarding the safety and details about the home.  No matter how excited you may be about the possibility of buying this home, it’s important that you look at the seller’s disclosure objectively.  It may reveal an issue that should be a deal-breaker for your current circumstances, but you may have a vision clouded by excitement.

 

What are the zoning guidelines?

 

This is important for a number of reasons.  If you plan on adding on to the house, you will need to know what the zoning restrictions are and what that entails for you and your home.  One thing to consider when buying a home and considering the zoning guidelines is the future.  It’s easy to look at your life and what you need at the moment to find a home that will work for you, but you also need to consider where you’ll be in five years, as well as how long you may end up staying in that particular home, on the generous end.

 

For another thing, if you are planning on ever raising animals at the house you are looking to Buy (like chickens, cows, goats, etc), you need to be sure that the home you are buying has the right zoning for that to happen.

 

What home inspections are available?

 

It’s important for you to try and understand all that you can about this home.  Ask for the results of the home inspection, because there may be details of issues that still remain in the home.  Furthermore, if there are any that have been remedied, you may get an idea of any potential problems to arise again. 

 

Why is this home for sale?

 

More than likely, you will get a generic answer, because a Buyer isn’t going to be inclined to tell you if the reason they are selling their home is something that could steer you away from purchasing their home, however, it’s important for you to ask this question nonetheless.  For instance, if the sellers answer that the house no longer accommodates their growing family, you may want to consider how long you may live in this house and if you are likely to run into a similar issue.

 

How old are the appliances?

 

You, as the Buyer, should inquire about any of the appliances being included in the sale of the home.  Find out when they were purchased and whether the seller bought or received a warranty on the appliances.   This may give you some insight into how soon you may have to be spending a decent chunk of change on new appliances, and for that reason, it is very important to ask.  Furthermore, if the seller bought the hot water heater ten years ago, when you move in, you may want to drain the appliance to remove any sediment build-up and to extend the life of the water heater.

 

What updates have been made to the home?

 

Be sure to ask about whether or not the sellers made any updates or improvements to the home and how long ago the updates took place.  These facts can be very helpful to know!  For instance, if the home recently received a new roof, you will have a better idea of when you will need to get the roof done on the house.

 

What’s the average cost of utility payments?

 

Just because you can afford the monthly home loan payments does not necessarily mean that you can afford to pay the bills once you move in.  The monthly living expenses you will encounter once you move should definitely be factors you are considering in your Home Search.  If the house is much larger than your current or last home, you may be shocked at the extra energy required for every day usage.  Also, an older home often is less insulated, meaning that energy bills will go up more than expected during the summer and winter months.  Be sure that the utility bills are within your budget range before you fall in love with a home.

 

What are the annual taxes?

 

The cost of the yearly taxes for a home are even more important to know than the average utility bill cost.  Taxes can end up being a large amount, and it is important to know what they will likely be before you move forward in purchasing the home.  To consider whether or not you can afford the taxes for a home, do the math from last year’s tax bill, which your real estate agent will be happy to provide you with, and break it down into monthly payments.  Chances are, if you are looking into buying a home, you have figured out your monthly expenses and income.  If not, it’s a good time to do so.  Add in the monthly cost of the taxes, and be honest in your consideration of whether that will leave you enough money to be comfortable with.

 

Ultimately, there are so many questions that could possibly be asked before you Buy a home, and they would differ enormously depending on what is important to each individual situation.  However, hopefully this list served as a guide to start thinking about what questions will be important to you.  Don’t ever hesitate to ask your real estate agent about what questions you should be asking, either.  They have a lot of experience in the field, and they want you to feel confident moving forward.