Buying and selling a house can be a scary, confusing, frustrating experience. If you do not have all of the information that you need right from the start. If you do not have all of the right paperwork or the right people involved, it can be one of the most arduous, backbreaking experiences that you’ll ever go through.
Then there are all the things to specifically consider for each instance. It is a lot to take in at a time. That’s why it’s a good thing you came upon this article. Read it through and you will find yourself just a little more prepared to tackle a buying or selling a house.
- What To Look for When Buying a House
When looking at houses for sale, what factors do you need to consider?
- If you have kids, what is the school district like? Is it a good place for them to grow up?
- What are property taxes going to look like, on top of mortgage payments?
- Have there been any major remodels, renovations, or repairs?
- If the house is old enough, the glass, paint, and pipes may have lead in them.
- If you’re looking in the country, you must be told where the septic tank, the well, and the leach lines are located. No excuses.
- Has there ever been a problem with pests in the past?
Looking for land upon which to develop still requires you to scrutinize, just with different criteria in mind.
- How solid is the soil? Is it safe to build upon?
- You should have a soil toxicity test taken as well. If you ever want to garden on the property, this will tell you how safe it would be. As well as how safe ground water is.
- If you do not have access to city facilities, is there a place to dig a well, or find a natural well for the house? And is it safe enough to place a septic tank in?
- Are your property lines clearly distinguishable?
- What are property taxes going to be for this plot?
- Will you be able to get electricity, phone, internet, et cetera, lines run out?
And finally, when you’re selling your house in anticipation of buying the new, there are yet more things to take into consideration.
- Will you have a place to go if it sells before you buy?
- Can you afford to buy if you find a place before it sells?
- How low will you let the price be haggled down (because it’s going to happen)?
- What do you have planned if the home just will not sell?
- Will you allow multiple agents to show the home, or set up with an exclusive agent?
- Are you willing to invest money just to make it more appealing to sell?
I think I have proven my point. Buying or selling, it is not an easy process. There is a lot to think about and work around when you get to that point. But, if you have all of your answers prepared ahead of time, even if you don’t ever have to face some of these problems, you will experience a much smoother, less stressful process. Get more on this here: www.chrisboise.com This is a great source for more.