Houses for Sale in Whitby – Questions to Ask When Looking at Homes
If you are searching for useful tips on how to get houses for sale in Whitby, you are on the correct page. Buying a home is one of the biggest financial commitments you will make in your entire life. A recent survey showed that 75% of homeowners view their homes as their greatest financial asset. Hence, if you are searching for houses for sale in Whitby Ontario, you should strive to purchase a home that will meet the present needs of your family and still appreciate in value within a few years. Find out more here: http://whitby-realestate-agent.ca/
To successfully pick your dream house from the hundreds of Whitby homes for sale, you need to make a lot of inquiries. Ask several questions. The kind of questions you ask will help you to ensure that you buy a home to can meet your current and future needs. These questions can be directed to the seller or the listing agent. Here are some of the most important things to ask for when you are looking for houses for sale in Whitby.
Disclosure Statement
Ask the listing agent for the property’s disclosure statement. On this document, you will see all the information about the materials used for the property. Property improvements, past repairs and property defects are usually included on this form. You can get explanations on the details included in the form from a real estate agent. In fact, if you work closely with your real estate agent, you will be able to get the seller to fully disclose all hidden property defects before selling the house so that there won’t be any litigation about repairs.
Foreclosure
Ask the listing agent whether the home you are planning to buy is about to be sent into foreclosure or is already foreclosed. Sometimes, homeowners, whose homes are facing foreclosure, make frantic effort to put their homes up for sale before losing their home. This act poses a lot of risk to the buyer. If you are buying a home, you must be sure that there will be enough time to finish the home buying process before the mortgage provider initiates foreclosure proceedings.
Insurance
The regulations guiding the sale of properties in Whitby stipulate that all properties must be properly insured. So before you make an offer for one of the attractive Whitby houses for sale, collect the details about the claims on the house from the insurer of the property. The content of the report can influence your insurance rates after you buy the house. For example, if the owner has made recent claims about flooding, your insurer will see this as an excuse to increase your premium because of fear of future mold claims.
Improvements and Associated Permits
Some property improvements and remodeling need appropriate permits so they will not be pulled down by regulatory agencies. If the owner of the property made some improvements without getting approval, some parts of the building may need to be pulled down after buying the house.
If you are searching for useful tips on how to get houses for sale in Whitby, you are on the correct page. Buying a home is one of the biggest financial commitments you will make in your entire life. A recent survey showed that 75% of homeowners view their homes as their greatest financial asset. Hence, if you are searching for houses for sale in Whitby Ontario, you should strive to purchase a home that will meet the present needs of your family and still appreciate in value within a few years. Find out more here: http://whitby-realestate-agent.ca/
To successfully pick your dream house from the hundreds of Whitby homes for sale, you need to make a lot of inquiries. Ask several questions. The kind of questions you ask will help you to ensure that you buy a home to can meet your current and future needs. These questions can be directed to the seller or the listing agent. Here are some of the most important things to ask for when you are looking for houses for sale in Whitby.
Disclosure Statement
Ask the listing agent for the property’s disclosure statement. On this document, you will see all the information about the materials used for the property. Property improvements, past repairs and property defects are usually included on this form. You can get explanations on the details included in the form from a real estate agent. In fact, if you work closely with your real estate agent, you will be able to get the seller to fully disclose all hidden property defects before selling the house so that there won’t be any litigation about repairs.
Foreclosure
Ask the listing agent whether the home you are planning to buy is about to be sent into foreclosure or is already foreclosed. Sometimes, homeowners, whose homes are facing foreclosure, make frantic effort to put their homes up for sale before losing their home. This act poses a lot of risk to the buyer. If you are buying a home, you must be sure that there will be enough time to finish the home buying process before the mortgage provider initiates foreclosure proceedings.
Insurance
The regulations guiding the sale of properties in Whitby stipulate that all properties must be properly insured. So before you make an offer for one of the attractive Whitby houses for sale, collect the details about the claims on the house from the insurer of the property. The content of the report can influence your insurance rates after you buy the house. For example, if the owner has made recent claims about flooding, your insurer will see this as an excuse to increase your premium because of fear of future mold claims.
Improvements and Associated Permits
Some property improvements and remodeling need appropriate permits so they will not be pulled down by regulatory agencies. If the owner of the property made some improvements without getting approval, some parts of the building may need to be pulled down after buying the house.