Thinking about making an offer on a new home? Remember, thorough due diligence is key!
Before you take the plunge, be sure to ask these 5 key questions:
What is the Property’s History?
Understanding the property’s history can provide insights into past ownership, renovations, and potential issues to be aware of.
How Long has the Property been on the Market?
Knowing the listing duration can help gauge marketability and potential room for negotiation on the asking price.
Are there any Known Issues or Disclosures?
Inquire about any known issues or disclosures related to the property, such as previous damage or ongoing maintenance concerns.
What is the Neighbourhood Like?
Take the time to research the neighbourhood, including schools, amenities, crime rates, and future development plans, to ensure it aligns with your lifestyle and preferences.
What is the Seller’s Preferred Timeline?
Knowing the seller’s preferred timeline for settlement can help you tailor your offer to meet their needs and increase the likelihood of a smooth and timely transaction.
