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Mar 23, 2016

Questions Buyers Should Ask the Real Estate Agent in Thornhill

Buying a new home is one of the biggest investments most people make in their lifetime. To make the best decision about which house is right for them, the buyer needs to know their own priorities and what questions to ask the real estate agent. Choosing the location of Thornhill is the first choice, one that many people appreciate for the area’s history and its proximity to the City of Toronto. The next step is to find a knowledgeable real estate agent in Thornhill who understands the area and can provide you with accurate answers to all of your questions.

1       What is the value of the home in today’s market? – Agents can provide you with a wealth of information that will let you know how much to offer on a home without paying too much. Shop a Property’s knowledge of the Thornhill area will allow them to tell you the current mortgage rates, how much similar houses have sold for recently in the same area, and how long those homes stayed on the market before being sold. This will clue you in to whether the property you are interested in is over-priced or if there is a slow market in the area and all the homes are experiencing long listing times.

2       Have there ever been plumbing problems including busted pipes? – Water damage from busted pipes account for a large chunk of insurance claims and they can cause damage in places that are out of sight. If you end up buying the home, make sure pipes that are out of heated areas are protected with insulation to prevent damage from occurring in the future.

3       What is the roof made of and what is its age? – A new roof is one of the most significant repairs you will have to make to a home. Repairs may be needed after fifteen years or it may last fifty years or longer, depending on the materials used.

4       Can I make renovations or additions? – If the home is almost perfect but lacking that one detail, you will need to know if there are zoning laws that would prevent you from making the changes you want. This is one area where your real estate agent in Thornhill can provide you with the information you need to make the best decision.

5       Why is the house on the market? – Although the answer may be simple and the current owner is moving to a different area or upgrading to a larger home, the answer may be more revealing.

6       What inspections have been made and what inspections are available? – There are many areas of the home where potential problems could be waiting out of sight. Find out if the home has been inspected for mold and, if so, when. If there is a swimming pool and/or spa, have those inspected along with chimneys, sewer lines, and drainage.

Sometimes the questions you don’t know to ask could be the most important. Call Shop a Property at 647-886-3462 for a trusted real estate agent in Thornhill who will help you make an educated decision on your house purchase.

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