What to ask when buying a property

Ask the agent or seller about the following:

  • The condition of the property. Whether there are any known issues. Get a disclosure document listing any faults that the seller is aware of. Take pictures of the problem areas and factor the price of any needed repairs or renovations into your offer.
  • The age of the property.
  • Ownership Cost. Like local rates and taxes and what the current owner pay for municipal services such as electricity and water every month.
  • The security of the area. And local amenities in the area such as shops, restaurants, schools etc.
  • The reason for selling
  • How long the property has been on the market for and what other offers has been made on the property

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