What you should know before buying a house
IF YOU DO NOT KNOW WHERE TO BEGIN TO ASK, HERE WE SHARE THE FIVE QUESTIONS YOU SHOULD ASK THE SELLER BEFORE CLOSING THE DEAL
There is nothing better than feeling satisfied after a purchase, and even more so when it comes to something as important as a house. To help you with this, we have put together 5 questions to ask the seller before buying a home. Take note!
What to ask before buying a house?
• Which is the method of payment?
• What is the status of the house in the Public Property Registry?
• In what state is the construction?
• What is the neighborhood like?
• What is the reason why the house is for sale?
Which is the method of payment?
The first question you should ask the seller is about the price of the home and if it is based on the opinion of a certified expert. Knowing this information will ensure that you pay a fair amount.
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The next step is to find out what payment methods they accept. We assure you that everyone will receive cash payment, but some owners will have reservations when accepting a mortgage loan (Infonavit, Fovissste or bank), since institutions, both public and private, ask that the houses meet certain requirements. Visit what Infonavit requirements the house you want must meet to learn more about it.
What is the status of the house in the Public Property Registry?
Ask the seller for the number under which the property is registered in the Public Property Registry. Go to the institution and make sure the deeds are registered in the name of the person with whom you are making the transaction.
Also, ask the seller for the useful meters and the construction meters, to verify that the data they provide matches those that are recorded in the deeds and in the Public Property Registry.
If you buy a house that was previously inhabited, ask the owner to present the payments for water and electricity services. Also, regardless of whether the house is new or used, request that they show you the property payments. In this way you will avoid buying a property with debt.
In what state is the construction?
You probably think that asking questions about the materials that were used for the installation of the sewer, electricity or gas; and the places where these facilities pass may seem of little use to you if you do not know about the subject. However, do them with the intention of contacting an expert later to know the quality of the house.
In addition to asking about the materials with which the house has been built, find out about the preparation that has been given to protect it from the weather, especially if it has been waterproofed.
Check how old the house is, and how many years of useful life have been calculated. This could help give you an idea of how soon it might need maintenance and get some room for negotiation.
What is the neighborhood like?
The home equity is one of the factors that will play a role in your decision. Find out what services are close to the neighborhood, and how fast access to housing is considering peak traffic hours. Another important factor is knowing if the neighborhood is organized or if it has an administration that is in charge of keeping the common areas clean, if so, find out about the fees that you will have to cover to include them in your budget.
Also, ask about security in the area, if there have been burglaries in the neighborhood or passerby, and how often they have occurred.
What is the reason why the house is for sale?
There are some questions that may be somewhat uncomfortable for the seller, but that will help you in the buying and selling process. For example, what is the reason you want to get rid of the house and how long it has been for sale. This point basically serves to know how and when to negotiate.
If the owner is urgent to sell or has not succeeded in a long time, he will probably be willing to lower the price of the property. On the contrary, if you are looking for an investment, you will surely not be interested in reducing the price and you could lose the house to another bidder.
Are you ready to buy a house? Get to know our offer of houses and apartments for sale in different parts of the republic.
