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4 Must-ask Questions When Buying a Property

Serious about buying a property in El Cerrito, CA? Then you surely must be aware of the fact that “knowledge is power.” It specifies that there will be loads of questions you need to ask the real estate agent in El Cerrito before finalizing that stunning property you have had your eye on for long.

Not sure what to ask a real estate agent when buying a property?

These four questions should be able to make on the top of your list.

QUESTION 1 - How long the property has been on the market?

This question will let you think over the point whether the vendor is really keen to sell the property. Most vendors usually become eager to sell their home sweet home the longer it’s on the market. Once the El Cerrito homes for sale have been on the market for 6-8 weeks, countless vendors and realtors think that the selling price is awfully high, so it could be the main reason why the property has been on the market for almost 6 weeks.

Did the real estate agent tell you that the property’s been on the market for 6 weeks?

Make sure you ask the agent if the price of the property has come down or whether the vendor would consider a reduced price. A great benefit which might sound like a bonus to you is that if the realtor’s contract to sell the property is approaching its end they might be overeager to sell the property. In this situation, the agent might provide you with all the required info you need to purchase your favorite property at the lowest possible price.

QUESTION 2 - Will the real estate agent negotiate on the price?

This particular question may sound odd, but don’t you underestimate its power? Asking this question to your real estate agent dealing with El Cerrito homes for sale might give you the information you need to know about prior to making an offer.

QUESTION 3 - Why is the real estate agent selling the property?

Asking this question will work to your advantage because you can get to know how eager the realtor is to sell the property. It will thus enable you to work on their deadline they have set for selling. For instance, if the agent tells you that they’re moving up to Walnut Creek to start their work in 6 weeks, you would know that they are getting keen to sell the property.

QUESTION 4 - What are the seller’s disclosures?

It’s a must for you to ask your real estate agent whether or not there’s any additional information or known defects in the home that might change your decision to buy the property and affect your offer. Even if you like the home, don’t act hasty about making a decision pertaining to any seller disclosures that you have not checked out the way they should have been.

The above questions are a must-ask before finalizing your desired property.

Summary: If you have made up your mind to buy your first property, there are four important questions you must ask a real estate agent. These questions will help you make the right choice when it comes to buying the right property that suits your needs and other preferences.