by Bryan
Posted on 02-12-2020 05:02 PM
No house is going to be perfectly upgraded, especially if it’s a steal in price. But maybe you’re mesmerized by the beauty of the bay window, or the lovely wood floors, or how nice the house could be after you’ve gotten your diy hands on it.
Sometimes a home’s potential is its selling feature, along with the price and the promise of its beauty. But you must take a hard look at how outdated the house really is. How much will it cost to upgrade your new home? how much time will be involved if you attempt some diy projects yourself? are you being realistic regarding what you can accomplish, in time and budget? if you have kids, consider if you’ll have enough time away from the kids to get these projects done. Otherwise, you may end up years later with rooms still donning the hideous wallpaper because there just isn’t enough time to get the house “done. â€.
We’ve gone through the issues that a homebuyer should be aware of and investigate related to coop finances. But, that’s only the first step in the process. There are a ton of other concerns you’ll need to ask and be aware of before you make your final offer to purchase. Coops are known to be a painfully annoying and its reputation is entirely justified. If anything, its reputation is underselling how frustrating dealing with coops can be.
Do you currently rent, and if so, where?
how long have you lived in your current home?
why are you looking for a new place to live?
what date would you want to move in?
what kind of work do you do?
what is a rough estimate of your income?
how many people would be living with you?.
Let the agent know how you plan to use the building, and ask if the zoning ordinances allow for your intended use. After location, zoning is the most important consideration in commercial real estate, according to nancy chadwick, commercial broker and president of chadwick real estate inc. If your intended use is nonconforming, you may be able to get a variance, but you can't count on that. Before you make an offer, ask the agent if you can make a purchase offer contingent upon getting a variance, and ask how to apply for a variance.
This is the first question you should ask the agent. It will help you to assess the value of the property as well as the selling time frame. Although some real estate agents might not feel comfortable to discuss these details, learning the motivation behind the sale will give a fair idea of what type of seller you are dealing with. It gives you an insight into how eager they are to sell the house.
Private property south africa lea jacobs • apr 27, 2018 18 questions to ask your estate agent that will save you a great deal of heartache and money in the long run. Knowledge is power and asking your estate agent the right questions could save you a great deal of money and heartache in the long run.
What we discuss on this show: 1:10 - how long have you been a full-time agent in this market? 3:58 - how many homes do you sell or buy each year? 7:06 - ask, who is going to be my primary point of contact? 8:24 - how long does it take for buyers to get through the process?.
A first-time home buyer is someone who has not bought a house in the last three (3) years. If you previously bought and owned a house but haven’t done so in the last 3 years, you’re considered a first time home buyer; even though you are not a first time home owner. Here’s a compilation of first time home buyer questions that are frequently asked:.
April 23, 2008, 7:55 pm utc / source: today contributor by barbara corcoran so you think you have found the house you want. It’s been a long search, and you feel about ready to give in and move in. Before you take the plunge though, you should stand back a moment; this is a big commitment and there are a lot of things that could stand between you and the happiness you seek in your future home. There is also a good chance you can get a better price.
Admittedly, this is a question you want to ask early in the process — and before you sign anything. In a real estate deal that doesn’t involve a new build purchase agreement, you can back out or renegotiate if, for instance, the house appraises for less than the sale price, or if the home inspection discovers significant problems.
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You've searched far and wide to find the right home for you and finally have your eyes on that cute craftsman on the hill. You have cash for the downpayment and are excited to make an offer. But before you buy a home, there are some very important questions you'll want to ask first. Remember, this will likely be the largest purchase you make in your lifetime; so it's important to do your homework in order to eliminate surprises down the road. The following are some of the most important questions to ask before signing on the dotted line.
The seller and his/her agent should answer all questions first verbal to you (i can be with you) but then in writing. How many acres is the house on? if it says ). 5 acres more or less, that is too vague. It may be a lot less and too small a lot to sell in the future. You want to know the exact size plus or minus a number, like 0. 5 acres plus or minus 0. 01 acres.
Q: i'm thinking about making an offer on a short sale. What questions should my agent and i ask the listing agent to make sure the transaction goes smoothly? fiona in mill creek, wa a: short sales are complicated transactions even for those highly experienced in short sale negotiation. Properties that are represented by agents with little or no short sale experience can cause considerable headaches to buyers. Here are a few questions you can ask to determine whether you want to move forward with an offer.
Since buying a house is an enormous investment, it’s best to know what questions to ask at the beginning of your home search. Acquiring information about the qualifications of your agent and the homebuying process can help protect you from unpleasant surprises and increase the likelihood of a positive outcome. Here are some essential inquiries to make:.
A raw, vacant, undeveloped parcel of land can represent a golden opportunity for a savvy investor eager to build residential or commercial real estate on the property or flip the location. But plenty of risks and ambiguities are involved -- from zoning worries and easement issues to utility problems and restrictive covenants. To allay your concerns, investigate key aspects involved before committing to this transaction, including:.
/ 3 comments /in rli post , the voices of land even if a piece of property seems perfect, there are a lot of questions you should ask before you take out that checkbook. There’s so much you need to know about a property that a seller might not tell you right away. These thirteen questions cover the most important topics for landowners to know about so that you can make sure the land is worth your hard-earned cash.
By mark weisleder special to the star fri. , july 25, 2014timer3 min. Read buying a house in the city or suburbs can be complicated enough, but buying a cottage or vacation property outside of town requires even more due diligence. In town, you probably wouldn’t ask if the water coming out of the tap is drinkable. Nor would you wonder if the plumbing was hooked up to the sanitary sewer. But these are exactly the sorts of questions you should ask when buying a cottage, plus a few more.
What are the right questions for a buyer to ask when considering purchasing a piece of rural land for sale ? it all depends on the objectives the buyer has in mind when making their purchase. A recent article on landthink entitled, “top 20 questions for land buyers†garnered a lot of attention and created quite a bit of controversy among landthink readers. I read many of the comments, and started thinking about what my list of questions would look like as i perform due diligence for myself or my clients when considering a property. That list would need to be tweaked a little depending on the objective for the purchase. For example, a person considering developing a tract into a subdivision on a river would have some significantly different questions to answer than a person merely buying a rural retreat for their family. So the following list would be my jumping off point for most buyers of rural tracts:.
Buying a lakefront property can be challenging because there are so many things you need to consider and it’s very different from buying a non-lakefront home. But what if you’re trying to buy a lakefront property as your vacation home? now that’s an entirely different ballgame altogether, because you have just added a whole other spectrum of difficulties and obstacles you probably didn’t even know existed. Therefore, we are going to go over some of the questions you should ask when buying a lakefront property, as well as the questions you need to ask when buying a lakefront property as your vacation home. This will give you the information you need to make an educated decision about whether or not this scenario is right for you and your family. First we’ll start by discussing the considerations for buying a lakefront vacation home, then will discuss the questions you need to ask before you actually buy a lakefront property.
By than merrill | @thanmerrill key takeaways there are at least three universal questions i would advise every new investor to consider before they buy their first property. The more you know about not only the property you intend to buy, but also what you intend to do with it, the better your chances of realizing success are.
Updated april 23, 2019 every landlord should have a standard set of questions t o ask any prospective renter who contacts them to view the property. This is one of the first steps of a successful tenant screening process. These questions should be the same for every tenant to avoid being accused of discrimination. Here are thirteen essential questions to ask prospective tenants.
Know what you are getting into before you agree gpointstudio / shutterstock. Com from: the legal minefield is ever-changing, and agents need to understand the best practices. Understanding what costs are involved when working under a broker is essential to the viability of your business. Make sure it’s all in writing. If necessary, seek legal counsel to ensure your interests are protected.