Finding a home on the market that you like that fits within your budget is every buyer’s dream come true. Unfortunately, finding yourself in this situation isn’t always good. Sometimes, people sell low because of some undisclosed issues within the home, and discovering that issue right after moving in is the last thing that you would want.
Atlanta is home to some of the best real estate agents who can help you find your dream home. However, before they do that, it's essential to know what your ideal home looks like. To achieve that, you need to ask the right questions to the sellers of the homes you're interested in. The answers will provide you and your real estate agent with the necessary information to identify the best home for you at the best price.
Here are some of the crucial questions you should ask:
Why are you selling your home?
There are various reasons why people list their Atlanta homes for sale, such as downsizing, upsizing, job relocation, retirement, or life events like marriage or divorce. The seller's answer will give you an idea of how much room you have for negotiations. If the seller is in a hurry to sell the home, there may be more room for bargaining.
How long has the house been on the market?
If a home stays on the market for too long, it may indicate that the seller has attached a high price tag to the property. This could create an impression among buyers that there might be something wrong with it, which is why it hasn't sold yet. Sellers who have had their homes listed for a long time may be more willing to negotiate to sell their property.
For how much was the property bought?
Knowing the purchase price of the property will give you an idea of how much room you have for negotiations. If the seller is unwilling to disclose this information, you can obtain it from public records.
Does this property have any previous problems?
Sellers are obligated to disclose any current or past issues with the home. Knowing about the home's issues will help you predict potential future problems, giving you more leverage in negotiations. It's crucial to know who did the repairs to the house in case you encounter similar issues in the future.
How old are the components in the home?
Knowing the age and condition of the major components of the home will help you estimate potential expenses you might incur after purchasing the home. Components such as the roof, water heater, electrical systems, HVAC systems, plumbing, and septic system require your attention.
What did you like most about this home?
Asking this question will provide you with unique insights into the home, community, and neighborhood. Additionally, it will give you an idea of how much the seller enjoyed living in the home.