10 Questions You Need To Ask When Touring a Home

Presentation prepared by Olde Town Brokers

Viewings are an important opportunity to find out as much information as possible about

your potential investment.

In order to make the most out of your

viewing, here are 10 questions you should

be asking your Realtor . 

When was the home built?

Older homes can offer their fair share of issues. From wiring to garage sizes to insulation, it’s important to know what

you’re getting into before signing on the dotted line.

How old is the roof?

A roof’s age can determine a lot about a

house. It tells you what kind of weather

it’s been through and survived. But more

importantly, you need to know if it’ll need

replacing in the near future.

What is the insulation/ window situation?

Good insulation keeps your home the

temperature you like all while saving you

money on heating and cooling costs. Ask

about the type of insulation and don’t forget

to check out attic space. An insulated attic

can save you a lot of money particularly in

the summer time!

What is the neighborhood like?

You might also want to consider the

home’s location in proximity to main roads

or shopping plazas. If you’re looking to

maintain an active lifestyle check for

sidewalks, parks, and other recreation

spots.

What are the neighbors like?

This one might be tricky. Look around for

flyers or head to a coffee shop for bulletin

boards. Is anyone planning a neighborhood

barbeque? What about a garage sale? If

there is a park nearby, ask around and see

what locals have to say about the area and

their neighbors.

What is included in the price?

It is important to clarify what the price of

the home actually covers. It is also

beneficial to find out what additional fees

you will incur (closing costs, down

payment, taxes, etc). You don’t be

surprised on closing day.

What are the utility costs?

Many things can determine how much

money you’ll be paying a month for your

utilities. Be sure to ask about the age of the

AC unit, in-city or out-of-city water fees, and

lawn care costs. The seller should have a

good estimate on what a typical monthly bill

will look like for the house.

How long has the house been on the market?

Finding out how long the property has

been listed can actually open up a new set

of questions. It may be nothing. But it may

be something.

Has there been any work done on the house?

Prior remodeling can also set a precedent

for future project approval. You will also

want to ensure that any and all previous

work done on the home was completed to

housing standards and codes.

Are there any problems I should know about?

Of course, a general question regarding

any issues is crucial. It serves as a catch

all and provides an opportunity to discuss

negotiation.

After you walked around the property

(both with your Realtor and on your own)

there’s one final question you should ask

yourself:

Can you picture yourself living there?

If you need help navigating 

Orlando real estate, give the

professionals at Olde Town Brokers a

call at 407.425.5069.

http://oldetownbrokers.com/