A Homebuyer's Master Checklist
We have received inquiries from a few readers regarding the types of questions that should be asked when looking at a property to buy. We reached out to W.C. & A.N. Miller agent Pamela Wye to help us compile a list of questions and concerns that first-time homebuyers should keep in mind.
If you go to visit a property, the first thing that you should do is ask for a fact sheet. This will tell you the age of the home/condo, taxes, size of lot (if available), and give the general features/amenities of the property.
Here is a list of questions that should be asked by homebuyers (both first-time and those who have been through the process). Note: Most listings for sale will have disclosure packets that will answer a number of these questions.- How long have the sellers owned the property?
- Have there ever been any structural problems with the roof, walls or floors?
- Does the home have a history of leaks?
- Is there a lot of moisture in the basement?
- Have there been any problems with heating/cooling, plumbing or electrical systems?
- Has the property had any problems with rodents or insects that might hurt the structural integrity of the home?
- Has there ever been any exterior damage to the home?
- Is the property a DC landmark?
- Has lead-based paint been used in the home?
- What type of updates will need to be made in the next five or ten years?
- How far is the property from public transportation?
- What type of development plans are in the works for the surrounding neighborhood?
- What are the zoning laws in the area?
- Is there a lot of undeveloped land in the vicinity? If so, what could be built there?
- Have home values in the area been rising or declining?
Are we missing any important questions on this list? Let us know in the comments.
See other articles related to: condo buying, dclofts
This article originally published at https://dc.urbanturf.com/articles/blog/a_homebuyers_master_checklist/765.
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