Questions to ask a Real Estate Agency When Buying a Home

Photo by Andrey Yachmenov via Unsplash

Photo by Andrey Yachmenov via Unsplash

Real estate agencies are in the business of helping you purchase a home you’ll love. It’s easy to get caught up in the excitement of buying a home and forget to ask some important questions. Here are some top questions you’ll want to ask your real estate agent when buying a home.

What’s The Neighborhood Zone?

Knowing what school districts and service agencies fall in your county is imperative when buying a home. If you want your children to go to a specific school or you’re trying to take advantage of lower tax rates, you’ll have to make sure your potential new home is in the zone you think it is. This isn’t a time to assume. Be very clear with your real estate agent in your desires, and always make sure that the home falls within that specific area. Besides the impact on your own family, the zone your home is in can dramatically impact the resale value and process. Homes securely within desirable districts are more likely to sell than those on the border of a desirable district and an undesirable one.

Is This A Flood Plain?

Understand the geography of your potential purchase. If you know the potential of the property to flood or be susceptible to other natural disasters, it will help you buy more authoritatively. Homes that are in areas that make them more susceptible to flooding or storm damage, just to name two scenarios, will also likely have higher insurance rates. Save yourself money in the long run by understanding how natural disasters may affect your new home.

Is There An HOA?

It’s always important to know about any homeowners association, or HOA, costs or expectations that come with your home. Understanding the role that an HOA will have in your day to day life is important. Know the costs as well as the benefits of the HOA. If there’s a community center, pool, tennis courts or other recreational areas that you can access with your HOA membership, that’s important to know upfront, as it could help you make a decision that will benefit your family.  

What Parts Of The Property Are New?

Be upfront with your agent, and don’t forget to ask about the major systems in any home you’re considering purchasing. Get a sense of which parts of the home are new and which have not been replaced recently. That might include the roof, the AC and heating unit, the plumbing, and the electrical systems. Make informed decisions when you’re purchasing a home so that you’re not hit with major repair costs soon after purchasing.

It can be easy to forget to ask questions during the buying process. Real estate agencies like Brick and Mortar Real Estate will make sure that you know all the relevant information before buying a home. If you’re looking to buy a home that you will love for decades to come, contact us today at 02-4709-6130 or info@bricksmortar.com.au.

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Questions to ask a Real Estate Agency When Buying a Home