Questions to ask yourself when your buying your first home.

does it fit

Buying your first home is a big deal, and it’s natural to be nervous. It is important to work with a good realtor, so that they can use their experience for your benefit, and you can get the right questions answered before you buy. Some of the questions you should be asking, and the information you want to find out are:

1.) Is the listing price fair and appropriate with the market value? Market values change with time. Have your realtor show you reports of recently sold homes in the same area and of the same size and age. From this information, you can determine if the home you are looking for is priced well or not. If the house has been on the market a long time, it might be a sign that the price is too high.

2.) What are the annual taxes? Make sure you figure this into your budget, so you are sure you can afford the payments.

3.) When can we close? The closing date might be negotiable. The current owner may want to delay closing while they are finishing the sale on their new property, or they may want to speed it up. This is not the same for every home, so if you have a specific date in mind, make sure you discuss it with your realtor.

4.)Are there any easements on the property? Sometimes, a utility company or a neighbor might own an easement on the property. If there is one, find out all the details about it. It may not be an issue, and you can move forward.

5.)What is included in the sale? Many times, appliances, window coverings, area rugs and swing sets are included in the sale price of a home. This is not always the case, so it’s best to find out.

6.)How old is the ____? Fill in the blank with roof, appliances, hot water heater, furnace, well pump, garage door opener, etc. Find out as much information on these items as possible. They may need to be replaced in the future, and knowing their age can help you determine future maintenance costs. In addition, if the items are relatively new, they may still be on warranty.

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Michelle Manter Giglietti

Owner~Realtor at Manter Realty Group of Keller Williams
Top Producing Realtor and recognized blogger. In her free time you can hear her screaming fore at the local golf course,or catch her at home enjoying fresh cooking and a glass of wine with her husband and favorite 6 pound Morkie named Pedro.
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