When you buy a house directly from the owner, you still need to ask all the questions you would ask a real estate agent. The problem is that many people feel uncomfortable doing this. If you are worried about the questions that you should ask, there are some that you need to know about.
Ask About The Structural Integrity
When you view a house that is being sold by the owner, one of the questions that you need to ask is whether there has ever been any structural damage to the property. This could be cracks in the walls, rotting floorboards or any other damage. If the house has a basement, you will also need to ask about whether or not there is damp. Repairs for these issues will be expensive and you need to know about them up front.
Why Are They Selling?
A question that a lot of people forget to ask when looking at a home is why the owner is selling. The answer to this question could make or break the sale and you need to remember this. If the owner is selling for personal reasons such as moving away, you might be able to negotiate a lower asking price.
However, if the owner is evasive on this question, there could be problems with the house or neighborhood. Owners who are selling because of problems with the property will generally try to avoid answering this question when possible.
Have Any Renovations Been Done?
It is important that you ask the owner if they have completed any renovations to the house. This is important because renovations can increase the value of the house. There are times when owners will complete renovations and not increase their asking price. This could result in you getting a good deal on a property because the renovation was done a while ago.
Has The Roof Been Replaced?
Roofs have a lifespan of up to 30 years and there is a chance that the owner has never changed replaced the roof. This is important because it could mean that you will have to replace the roof after you buy the house. If the owner states that they have never replaced the roof, you will need to ask them if they know when this was last done.
It is important to note that the owner might not be aware of the exact date of when the roof was last replaced. However, they should be able to give you a ballpark for this. If they cannot, you should ask how long they have lived in the house and this will give you some idea of when the roof will need to be replaced.
There are many questions that you need to ask when you view a home and these should be asked when you are looking to buy directly from the owner. Many of the questions you would normally ask an agent will be pre-empted because the agent will know what the common questions are. This is not something that you will find when dealing with the owner and you need to ask your questions. Visit here at https://3cre.com/retail/ to learn more.