Friday, April 25, 2008

8 IMPORTANT QUESTIONS TO ASK IF YOU ARE PURCHASING PROPERTY

This morning on the Today Show, there was a segment on buying real estate. The guest's topic focused on important questions to ask when purchasing property. I took notes and want to share with you......


1) Why is the seller moving?

2) How long has property been on the market and how many price reductions have there been?

3) Please provide me a list of similar houses that have sold in the area.

4) What is the price per square foot for the neighborhood?

5) Are the owners behind on their property taxes?

6) Is this the most expensive house in the neighborhood?

7) What is the 3-5 year outlook for the neighborhood?

8) Ask about school test scores and proximity to transportation.

Know what you're getting yourself into!!! Due your due diligence!!!
And don't forget to call or e-mail us with questions, concerns and if you are ready to purchase or refinance.
(310) 649-2221 or nancy@harnanloans.com

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