Av­er­age buyer needs just 25 mins to de­cide

Macclesfield Express - - SPORT -

THE av­er­age home­buyer spends just 25 min­utes view­ing and de­cid­ing to buy a house.

Which is a bit quick when you think what a huge un­der­tak­ing it is.

Ex­perts ad­vise that within those 25 lifechang­ing mo­ments you find the time to ask the fol­low­ing es­sen­tial ques­tions:

How long has the house been on the mar­ket? The most im­por­tant ques­tion of all as it gives you an ac­cu­rate in­di­ca­tion of how sought-af­ter your po­ten­tial new home is. If it’s been on the mar­ket for over six months you need to ask your­self why.

What’s the area like? What are the schools like? What ameni­ties are there? Make sure you do some in­de­pen­dent re­search as well as ask­ing your agent.

Has there been any ma­jor work on the build­ing? If you don’t in­tend to have a full struc­tural sur­vey on your home make sure you find out about work that’s been recently un­der­taken and ask to see ev­i­dence, like builders’ re­ceipts or guarantees.

Also, is the prop­erty listed and are there re­stric­tions on the changes you can make?

How long have the own­ers lived there? If they’re mov­ing out af­ter a short pe­riod, why? Find out if the prop­erty has re­peat­edly changed hands – if it has there may be some neighbourhood prob­lems.

Ex­actly what’s in­cluded in the sale? Is the gar­den shed or green­house in­cluded? Are the fix­tures and fit­tings? Ex­actly where does the bound­ary lie? Make sure you know what you’re get­ting for your money.

How much are the coun­cil tax and util­ity bills? Try and get ex­act amounts as this is an ex­pense which will add to the monthly cost of own­ing your home.

What is the min­i­mum price the seller will ac­cept? This may sound silly but ask­ing if their bot­tom line is ac­tu­ally ne­go­tiable can save you thou­sands. Es­tate agents will of­ten give you an in­di­ca­tion as it is in their in­ter­est to make a sale.

What of­fers have they had so far? It’s not a secret if there have been other of­fers, so you can ask. You prob­a­bly won’t get told ex­actly how much they were for though.

If you can find out about the other of­fers, it ob­vi­ously makes it eas­ier to know where you stand.

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