Buying a home is surely the most important economic decision you will make in your life. Americans spend almost 30% of their salary to pay the mortgage payment. Therefore it is a decision that you should not take lightly, and for which we have to be very informed. What aspects should you ask before buying a house? Let's take a look at the most important topic.
How is the area?
The most normal thing is that you need to know about the place before going to visit the house. But it never hurts to ask the seller. We must consider if the area is noisy if there are bars and clubs near the house, and the basic services are available nearby, the place is very good. Normally, outdoor homes are preferred, but in certain streets sometimes the tranquility of the inner courtyards is better.
How many meters are useful?
In the advertisements of a house, the measurement of the house is always indicated. But we should know how many meters are useful. These last ones would be the surface that you can step inside the house, without including partitions, galleries, ventilation ducts, and installations.
What are the community expenses and what do they include?
The payment of the community can bear additional expenses depending on the home. The people living on the building equally pay these expenses. In addition, the number of neighbors also influences the final quotas and future spills. We must ask what these expenses are and what they include (doorman, electricity, central heating ... ). We can also ask the administrator if the house is up to date with its payments to the community.
Are there any works planned in the building?
In order to anticipate future spills, it is good to ask the farm administrator about the works that have already been approved and those that are still pending.
Are any taxes pending?
For the mortgage, this data will also be necessary. Requests proof of payment of the last four annuities of the Real Estate Tax, as well as other taxes that may be pending.
How are the plumbing and electricity?
It is good to know the general and particular state of the plumbing, electricity, and downspouts, as it can mean a large following expense.
What about the decoration of inner-house?
You need to also ask about the decoration and furniture of inner-house (if the seller sells) like the color of the wall, ceiling, furniture etc. You should also visit the home and check the bathroom, kitchen properly. You need to check bathroom & kitchen fittings like faucets, sink, color etc.
You can check Bestolin’s guide to find good bathroom & kitchen fittings.
Are there charges that burden the home?
We must request the Simple Note in which, in addition to checking the name of the owners. We can see that there are no registration charges on the house. With these charges, we refer to limitations on the use or ownership of the property, such as mortgages, rentals, etc.
Is there a lease agreement?
The issue of tenants is very important since that will mean that you can dispose of the home or not at any given time. In case of being rented, we must know how much is left for the termination of the contract and if you have the right to the extension.
