Looking To Get Your Best Deal?

There are 5 questions home buyers should ask and use to their advantage when buying a home.
To help home buyers negotiate their best possible sales price and terms, here are the five key questions home buyers should ask. The answers to these questions will help you determine how much negotiation you may have on any given home.

1.) WHY ARE YOU SELLING THIS HOME? The primary reasons the home buyer needs to know why the seller is selling are to (1) tailor a purchase offer that will meet the seller's needs, and (2) determine if the seller is highly motivated to sell.

2.) HOW MUCH DID THE SELLER PAY FOR THIS HOME? In most communities, this information is a public record, which the buyer's agent can easily obtain. The reason smart home buyers insist on knowing this vital information is it shows how much negotiation room the seller has.

3.) WHAT DEFECTS DOES THE HOME HAVE AND HAVE THERE BEEN ANY RECENT PROFESSIONAL HOME INSPECTIONS?In most states, home sellers must now provide buyers with written home sale disclosures revealing any material facts that affect the home's market value or desirability.

4.) WHAT PROBLEMS HAVE YOU HAD WITH THIS HOME?
An open-end question like this will remind the home seller of any problems that, hopefully, have been corrected.

5.) WHAT IS THE QUALITY OF THE PUBLIC SCHOOLS?
If you don't have school-age children, it's easy to forget this important question. But top quality schools contribute to home values and future market value appreciation. Families prefer to buy in communities with superb public schools and are willing to pay extra for the privilege.

Search the MLS for Ventura County Real Estate at:
www.VenturaRealEstate.org