• calendar_month October 14, 2024
• folder Tips

Touring a home is an exciting step in the home-buying process, but it’s important to make the most of the opportunity by asking the right questions. Getting the answers you need can help you make a well-informed decision. Here are five key questions to ask when touring a home:

1. Why is the Seller Moving?

Understanding the seller’s motivation can give you insight into how flexible they might be on price and timing. For example, if the seller is relocating for a job or has already purchased another home, they may be more motivated to close the deal quickly. Conversely, if they’re not in a rush, negotiations might be more challenging.

2. How Old are Major Systems and Appliances?

You’ll want to know the age and condition of essential systems like the HVAC, plumbing, roof, and appliances. Replacing or repairing these items can be costly. Ask if there have been any recent upgrades or repairs, and don’t hesitate to inquire about warranties that might still be in place.

3. What is Included in the Sale?

It’s crucial to clarify what comes with the house. Some items, like major appliances, window treatments, or outdoor structures (such as sheds or playsets), may or may not be included in the sale. Make sure you know what's staying to avoid surprises later in the process.

4. What are the Average Utility Costs?

Ask the current owners about average monthly utility costs, including heating, cooling, water, and electricity. This will give you an idea of what to expect in terms of ongoing expenses. It can also provide clues about the home’s energy efficiency, or lack thereof, which could lead to future renovations.

5. Are There Any Neighborhood or HOA Restrictions?

If the home is part of a homeowner's association (HOA), it’s essential to understand the rules and restrictions they enforce. You might also ask about neighborhood regulations regarding things like parking, home additions, or landscaping. These factors could impact your lifestyle and future plans for the property.

Final Thoughts

Asking these key questions during a home tour will help you avoid unexpected costs and give you a clearer picture of the home’s true value. Buying a home is a big decision, and the more information you gather, the more confident you'll feel moving forward in the process.