Listen to your urbanbubble sales and lettings agent’s advice, but follow your own instincts on deciding a fair price. Calculating your offer should involve several factors: what homes sell for in the area, the home’s condition, how long it’s been on the market, financing terms, and the seller’s situation. By the time you’re ready to make an offer, you should have a good idea of what the home is worth and what you can afford. Be prepared for give-and-take negotiation, which is very common when buying a home. The buyer and seller may often go back and forth until they can agree on a price.
It’s not required, but it’s a good idea. Following the inspection, the home inspector will be able to answer questions about the report and any problem areas. This is also an opportunity to hear an objective opinion on the home you’d like to purchase and it is a good time to ask general, maintenance questions.
There isn’t a set number of homes you should see before you decide. Visit as many as it takes to find the one you want. On average, homebuyers see 15 homes before choosing one. Just be sure to communicate often with your urbanbubble sales and lettings agent about everything you’re looking for. It will help avoid wasting your time.
Many of your questions should focus on potential problems and maintenance issues. Does anything need to be replaced? What things require ongoing maintenance (e.g., paint, roof, flooring…)? Also ask about the homes and area, focusing on quality of life issues. Making a list of questions ahead of time will help you organise your thoughts and arrange all of the information you receive.