Buying a home is no small task; regardless of whether or not you’ve purchased a home before, or if this is your first time, it is an overwhelming process for buyers. As a real estate brokerage, we have helped many clients from all walks of life buy homes. Your Calgary REALTOR® will help you through the process. Here are 3 good questions to ask your real estate agent when buying a home!
Ask property-specific questions
When considering purchasing a new home, asking your agent for specific details is important. By inquiring about the seller’s motivations for selling, you can gain insights into the negotiation process and potentially influence your own offer strategy. It’s also helpful to know how long the property has been on the market, as this can give you a sense of its marketability and whether there is room for negotiation. Additionally, asking about any known issues or concerns with the property ensures that you are well informed about potential challenges that may need attention. Your Calgary REALTOR® should be transparent about the property’s history, disclosures, and any red flags, allowing you to make a more informed decision and potentially avoid unpleasant surprises down the line. This information is crucial for evaluating the property’s true value and ensuring that it aligns with your expectations and requirements.
Ask about possible developments + neighbourhood trends
When considering a property, it’s important to ask your real estate agent about any potential developments or neighbourhood changes that could affect your investment. This information can help you determine whether the area is likely to appreciate or depreciate in value over time. Additionally, understanding neighbourhood trends gives you a sense of the community’s stability and desirability. Your Calgary REALTOR® should be able to provide details on upcoming infrastructure projects, zoning changes, or commercial developments that may have an impact on property values. Furthermore, asking about local amenities and community features can help you better understand the lifestyle aspects of the area and contribute to your overall satisfaction and comfort in your potential new home.
Ask about financing and costs
Your Calgary REALTOR® plays a crucial role in guiding you through the financial aspects of buying a home. It’s good to ask your agent for recommendations for trusted mortgage lenders, so you have access to reliable professionals who can help you secure financing that suits your needs. Understanding the estimated closing costs and associated fees is important so you can budget effectively for the home purchase. Also, inquiring about potential additional costs such as property taxes or homeowner association fees ensures that you are aware of all expenses beyond the purchase price and closing costs. By discussing these financial considerations with your REALTOR®, you can make more informed decisions about your budget, explore financing options, and avoid any financial surprises during the home-buying process. This transparency contributes to a smoother and more financially secure home purchase experience.
Working with Realty Unleashed
Realty Unleashed has helped many clients buy homes. We love being able to help guide clients through the process, as it can be overwhelming! If you need a Calgary REALTOR® who can assist you in buying your home, we’d love to connect with you. Please fill out the form below; someone from our team will get back to you shortly!