Questions to Ask When House Hunting

Are you gearing up for the exciting adventure of house hunting? Whether you’re a first-time buyer or looking to upgrade to a new home, knowing the right questions to ask can make all the difference in finding your dream property. To help you prepare, here's a comprehensive list of key questions to consider during your house-hunting journey:

 • Questions About the Property:

What is the asking price?

-Understand the pricing to gauge affordability and negotiate effectively.

How long has the property been on the market?

-This can reveal if the property is overpriced or even if there may be any potential issues with the property.

What are the property taxes?

-Ensure you know the ongoing costs beyond the purchase price.

What are the average utility costs for the home?

-Get a sense of what you'll be paying monthly for electricity, water, etc. (You can usually obtain these by calling the utility company)

Has the house had any recent renovations or upgrades?

-Know the condition of the house and any potential maintenance needs.

Are there any known issues with the property?

-Ask about past repairs, pest problems, or structural issues.

How old are the roof, HVAC system, and major appliances?

-Understand the age and potential lifespan of critical home components.

• Questions About the Neighborhood:

What amenities are nearby (schools, parks, shopping)?

-Consider your lifestyle and proximity to essential services.

Are there any future developments planned nearby?

-Learn about potential changes that could impact property value.

What are the local property values and recent sales prices?

-Get insights into the real estate market trends in the area.

How is the traffic and parking situation?

-Understand daily commuting challenges and parking availability.

• Questions About the Home Buying Process:

What is the seller’s preferred timeline for closing?

-Align expectations to coordinate your moving plan

• Questions About Home Maintenance:

Ask if there are any known warranties on major appliances or systems?

-Know if any warranties are transferable with the property.

Ask if anything in the home may require special maintenance.

     -make sure to ask if the homeowner will leave product brochures for items in the home. This could include items from appliances to heat or a/c sources and more.

• Ask if a home inspection is available:

-A pre-listing home inspection may be available from the seller. If an inspection is available, it can provide comfort when making your offer and can save you a few hundred dollars from doing your own inspection.

Remember, each property and buyer is unique, so feel free to tailor these questions to your specific needs and preferences. Being well-informed and asking the right questions will empower you to make confident decisions during your house-hunting journey.

Happy hunting! And if you’re looking a the assistance of a real estate professional, please feel free to give me a call.

Robert Potochniak, Lic Assoc Real Estate Broker
EXIT Realty Homeward Bound
202 Clubhouse Rd., Vestal, NY 13850
Direct Cell: 607-759-4760

Equal Housing Opportunity