10 Investigative Questions to Ask a Home Seller

A home is typically the largest single investment you’ll ever make, and you’ll likely spend a lot of time and energy searching for the perfect place. By the time you're ready to buy, you'll already know a lot about the house. However, it's a good idea to do a little more detective work and get answers to a few investigative questions. It will provide you additional peace of mind in your purchase.

A conversation with the seller, the seller's agent, and a review of the public records can fill in detail blanks that will help you make a better decision. Contacting the county's property appraiser for the home's location are great starting points. Here are the ten investigative questions to ask a home seller.

There are many reasons why people move, including job relocation, desire to get into a smaller/larger house, life events (marriage, the birth of a child, death of a spouse, or other reason), and retirement. While you may not always get a truthful answer, asking why the seller is moving can be helpful in determining how much room there is for negotiating.

Depending on the reason for moving, the seller may be willing to accept a lower offer if it means they can be out of the home faster. Of course, if the seller is in no hurry to sell, there may be little room for negotiation.

One of the primary reasons a house ends up staying on the market a long time is that it was priced too high to begin with. This mispricing is often a function of a poor strategy.

The longer a house stays on the market, the harder it becomes to sell since the listing becomes “stale,” and buyers think there must be something inherently wrong with the property (otherwise it would have sold by now, right?). If the home has been on the market for a long time, the seller may be motivated and more willing to negotiate.

Knowing how much the seller paid is helpful for a couple of reasons. First, it tells you if values in the local market have gone up or down since the seller purchased the home. Second, it may help you determine how open the sellers may be to negotiation, and here’s why: If the sellers bought the home at rock bottom, they may be more willing to move down on price since they will still make a reasonable profit. If your sellers purchased the home for close to or more than the asking price, however, they probably won’t be willing to move much—if at all—on price.

If the sellers won’t tell you what they paid, you can find out by checking the public records. They are available at the Register of Deeds (or a similar office, such as Recorder of Deeds) in the county where the property is located.

Anything that is permanently attached to the home (for example, faucets, cabinets, and window blinds) is considered a fixture and is generally included in a home sale. Sometimes, legal definitions determine what is—and what is not—included in the sale, but sometimes an item can fall into a gray area.

When in doubt, and to avoid disappointment, ask what’s included in the sale and get it in writing. Pay close attention to items such as outdoor play equipment, sheds, lighting fixtures, appliances, window treatments, wall-mounted sound systems, and anything else you would be upset to find missing if you moved into the home.

In many real estate markets, a light fixture is considered a part of the house, and if the seller is taking it—because it's an expensive chandelier, for example—they must replace it with at least a basic fixture.

Neighborhoods can be affected by any number of nuisances including speeding on community streets, traffic congestion, noise (from traffic, neighbors, barking dogs, and/or nearby businesses), crime, bothersome odors (including cigarette smoke), litter, poor maintenance, bright lights, and problem neighbors who cause disturbances. While you may not get a particularly detailed answer, it’s a good idea to at least try to find out about any problems before going through with a purchase. In addition to asking the seller about nuisances, you can visit the local police department to research crime statistics for the neighborhood.

Disclosure statements serve to inform buyers about a home’s condition and help protect sellers from future legal action if problems are found. While disclosures vary by state and even county, sellers must make disclosures about such items as existing liens, lead-based paint, natural hazards (e.g., floodplain), termite problems, history of property-line disputes, and defects in major systems and/or appliances. In fact, there are eight disclosures sellers must make; it makes sense to ask about all of them, just in case.

Because there may be problems with the house that the seller knows about—but is not required by law to disclose—it can be helpful to ask point-blank: Are there any potential hassles with this house? You might find out about problems ahead of time and be able to negotiate repair costs. Of course, you should still get a comprehensive inspection before buying the house since there might be issues the seller doesn’t know about or won’t willingly share.

While disclosure rules vary from state to state, home sellers generally must tell you about any current problems with the property—but they don’t have to tell you about any past problems that have been corrected. If it’s already fixed, why is it important to know? Because it might lead to another problem in the future.

A leaky roof might have been repaired, for example—but what was done about the water that ended up in the attic? Ask if the seller has had to fix any problems with the house, and how well the solution worked. It’s also helpful to find out who did the work in case there is a similar problem in the future.

Ask about the age and condition of key components of the house so you are prepared for any big expenses you could be facing. Start with the roof: newer ones may last anywhere from 15 to 50 years, depending on the roofing material. An asphalt roof lasts about 15 to 20 years, so if it’s already 15 years old, you might be looking at a fairly immediate large expense. Also ask about the heating and cooling systems, appliances, water heater, septic, plumbing, and electrical systems.

Bad renovations, sketchy plumbing, and mediocre construction can end up costing you both financially and emotionally—and even in terms of your health. It’s important to ask if any major repairs and renovations have been done to the home and who did them: was it a licensed contractor or a DIY project?

See whether the seller can produce a building permit for repairs and renovations that require one. Such improvements include any structural additions, installing a new roof, adding/relocating electrical outlets, adding/relocating plumbing fixtures, and installing/replacing an HVAC (heating, venting, and air conditioning) system.

If the seller doesn't have the building permits (perhaps the work was done by an earlier owner), double-check with the local building department, usually through the county or city authorities.

If a permit should have been issued—but wasn’t—the building official may have the authority to force the current owner (which could be you, if you buy the house) to obtain the permit and satisfy the current code requirements. This could turn into a very costly project.

This question might put the seller on the spot, or seem a touch personal. But it can get the person talking about the home, neighborhood, and community. You might learn something positive that you might not have known otherwise—the tight-knit community, the short walk to the library, the way the sun shines through the living-room windows in the afternoon, the low heating bills, or the wildflowers that grow in the summer on the hill behind the house.

Listing and marketing materials include lots of details about a house (the number of bedrooms and baths, and the square footage, for example) and the showing lets you see it firsthand. But talking to the seller can help you learn exactly what you could be getting into. If you have difficulty being able to connect with the seller, try to get some of these questions answered through your real estate agent.

Three Important Questions To Ask A Real Estate Agent Before You Commit

Every day, people begin their journey of finding a real estate agent for their home sale or search. Most begin on real estate websites or social media platforms studying what reviews they can find or asking friends to point them toward an agent they trust. But how do you figure out which agent is the right one for you?

There are so many things you might ask and so many ways to vet the potential agents, but there are three important questions you want be sure to ask any agent you interview — whether you are looking to buy or sell — that can help you be better educated when making that big decision.

1. How many homes have you sold in the last 12 months?

This is important to ask because experience and education are not best looked at through the lens of how many years a real estate agent has been in the business. Asking this question will help you best determine an agent's ability to handle your transaction and how well the agent will know the current market. The more homes the agent has sold in this time frame, the more you can expect this agent is probably on their A-game.

2. Do you work with buyers or sellers?

This can be a tricky question to ask, but you want to know the answer to this to help you understand the breakdown of question one. The reason is, depending on your local area's market, you will need insights into current trends that buyers or sellers are adjusting to and operating under to help you best see how your agent will help you in reaching your goal.

Often you will find that agents start off working more with buyers than with sellers because the process of working with buyers requires less knowledge of marketing properties and other specifics of pricing solutions that sellers require. So if the agent works with a roughly equal number of buyers and sellers, you can feel comfortable that they can help you in either case with their well-rounded experience. In the end, you will want to have an agent with the most knowledge on both sides of a transaction.

3. Do you use social media to help your clients? How or why not?

You will want to also take your own look at your agent's social media accounts before making a decision about whether to work with them. Not only will you find out information about the agent, but you will see examples of their marketing, reviews from past clients and much more. Social media is not going away. In fact, it will be one of the most helpful tools as you determine which agent you want to work with and as you sell or search for your new home.

If you look at an agent's primary business social media account and find they don't advertise a client's property but seem to post plenty of selfies at pool parties, you might want to continue looking. Try to find an agent who has spent time shooting videos of local property tours and places advertisements for client properties they are trying to sell. While selfies may be the fad of the moment, it will not help you in selling your home.

No agent or agency is exactly the same — some practices, like the laws and procedures from state to state, will differ. Ask as many questions as you need to correctly determine who will be best suited to help guide you on this journey, and keep your goals and interests consistent with their practices. The right real estate agent will bring you to the end of the journey having lost the least and gaining the most possible. Use every tool at your disposal and enjoy the process — it can even be fun if you pick the right agent to help you along the way.

If you found gold coins, meteorites or cash stuffed in a piano, the tax man wants a piece