I’m sure you will have a lot of questions for your real estate agent when you decide to buy a house, but there are certain questions you simply can’t forget to ask. You want the best for your family so in order to reduce stress and make an informed decision, ask your real estate agent:
What’s The Value Of The House You Are Interested In
This information will help you make a decision, although you won’t be able to get the exact number. It is important to get high and low home prices in the neighborhood, especially prices of the comparable homes. With this information, you will be able to secure financing properly. Maybe you will need to get additional loans or put a smaller down payment. All these factors are important and come into play when buying a new house.
Monthly Costs For A New House
HOA fees, insurance and taxes are some of the information you need to know in order to determine the monthly payment on your new house. Your real estate agent should be able to provide you with these information, at least approximately. You have to know how much you will need to spend in order to secure the financing properly. And if you are a first time homebuyer, you really want to know these facts before receiving monthly bills for your new home.
Is There A Future For Your Neighborhood?
This may sound a bit hasty, but you really want to consider resale value of your home. You never know what will happen, maybe you will get a new job and will have to move. So, ask your real estate agent how much value does he or she expect your home to have in 5 or 10 years. Also ask what can you do to raise the value of your new home, maybe invest in a new siding, improve the landscaping etc.