We're getting close to buying a home and have set up a second visit to the house and to meet with the seller.

William
Home Buyer
Stamford, CT

I'm wondering what kind of questions should I ask, I want to know how much utilities are and if the window treatments are going to stay, but I'm sure there's a lot more important questions that I should be asking that I'm forgetting, does anyone have a list or a website I can go to for a better idea?

Thanks

Answers (6)
Laura-Marie LoF...
Agent
Brookfield, CT

The link did not cut a paste. Here it is again:
http://www.criteriumhomeinspection.com/100questions.pdf

Fri May 1 2009, 18:55
Laura-Marie LoF...
Agent
Brookfield, CT

Hi William,

Some additional questions should be:

How much are the taxes?
When was the property last assessed?
Are all the appliances staying?

I found a great site that is pretty in depth, but I think you may find some of the questions good ones to add to your list.

Cut and paste the link into your web browser:

http://:www.criteriumhomeinspection.com/100questions.pdf+questions+… target="_blank" rel="nofollow">http://74.125.95.132/search?q=cache:-BIf1hKDIawJ http://:www.criteri…

Congrats to you!

Sincerely your real estate professional,

Laura-Marie

Fri May 1 2009, 18:54
Christopher Rich
Agent
Southport, CT

Hi again William,

Radon is fairly common in Fairfield County and the levels can change over time. For the minimal cost involved (Typically around $75 through an inspection service or a home test kit available at Home Depot), I recommend to all my clients to have it done. I have sold many homes that had a radon level higher than the recommended level and in almost every case, I negotiated for the seller to cover the cost of a radon mitigation system.

As far as mechanicals, I am referring to the home's furnace, water heater, ac, appliances, etc. Depending on the type of roof and how many layers of roofing are layed down, a roof generally lasts from 15 to 30 years.

Of course, all of these things are items that a home inspector will review when inspecting the home, but it is still advantageous to have all the facts up front. Make sure that you have an inspection contingency in the contract and have the home inspected.

Christopher Rich
HomeStyles Real Estate
(203) 513-2541

Thu Apr 30 2009, 11:01
William
Home Buyer
Stamford, CT

I have read the disclosure forms and no issues there, in fact a radon test was done 10 years ago, do you think I need to do another one? It is not a short sale, when you say the age of mechanicals and roof, can you be more specific. It is gas and is hooked into the city's sewer system.

Thu Apr 30 2009, 09:36
John the Bruce
Home Buyer
Connecticut

The most important question would be, what did this home sell for circa 1999-2000? (Or, if it didn’t sell in that timeframe, what was the approximate value at that time?)

Check it out on Zillow, most times historical sales prices are listed there.

Thu Apr 30 2009, 09:10
Christopher Rich
Agent
Southport, CT
FIRST ANSWER

Hi William,

Congratulations on your potential home purchase. Here are a few things you should inquire about:

1. The seller should have disclosure forms (general, lead, mold) that will provide you information about any known existing problems with the home, the age of mechanicals and roof, etc. This is very important information to have and can affect the value of the home and what you might offer to pay for it.

2. Make sure the seller is not in a short sale situation. A short sale is when the seller owes more money than they are asking for the home. In a short sale situation, both the owner and the bank/lender will have to agree to accept your offer. If the seller does not want to disclose this information, you can research it through public records.

3. You need to discuss time frames for the move, contingencies in your offer such as an inspection and mortgage contingencies.

4. You need to analyze current comparable sold, active and expired homes in order to determine a fair offer for the home.

For more home buying articles and how-to's you can visit my website. If I can be of further help or you are interested in being represented and guided through the whole buying process from offer to closing, don't hesitate to contact me. In most cases, the seller with pay the buyer's agent commission and you will have the advantage of being represented.

Best wishes,
Christopher Rich
Managing Broker/REALTOR
HomeStyles Real Estate

Thu Apr 30 2009, 09:08

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