This week we have been looking at the Most Important Questions You Should Ask Before You Purchase a House. Today we are going to discuss the importance of the activity around your property.
9. Is road construction scheduled?
Before you purchase a house you should find out if there is any road work planned. Consider how it will affect your commute to work, school
10. Who are the neighbors?
Now we have all heard the horror stories about “psycho” neighbors but
If there is nothing obvious, ask the neighbors if they have any complaints about the area. You’ll likely get a more honest answer from people who have no stake in the real estate deal.
11. What are the comps?
Avoid paying too much. Use your InvestorComps account to pull the property data and sales data for your deal. Compare the property to similar home listings and recent home sales in the area.
Knowing a home’s true market value is the best negotiating tool.
Tomorrow we will wrap our