Wednesday, October 31, 2012

Questions to ask when buying a Millburn-Short Hills, NJ home

So you're decided to buy a Millburn-Short Hills, NJ home. Hooray! Millburn-Short Hills, NJ is a fantastic place to live. It is good for families, and many people say they enjoying living here because of the good school districts and a strong sense of community. You want to make sure you pick the perfect Millburn-Short Hills, NJ home for you so living in it will be enjoyable for years to come. Here are questions to ask while buying a Millburn-Short Hills, NJ home:

Ask questions related to the price of the home.
How much did the seller pay for the home, and how many years ago? How much does the seller still owe on the home? How much have similar homes sold for in the neighborhood recently? Some of the answers to these you will be able to find out on your own, but it's still worth asking questions just to get as much information as possible. If the owner owes more than they're selling the house for, then it could be a short sale. While you don't need to know what the seller paid for the home in the past, you might want to know how much the value of the home has increased over time.

Ask questions about the location of the home.
How close are the nearest schools? Stores? Transit stops? Parks? Churches? Restaurants? What is the crime rate in the area? Is there anything nearby that makes loud noises that can be heard from inside the house? Many of these answers can be found through online research, but again, it's good to ask. You never know what important piece of information the seller might mention.

Ask questions about the condition of the home.
What type of foundation does the house have? Is the attic insulated? How old is the roof? When were the appliances last replaced? Feel free to ask questions about anything--plumbing, electric, remodeling, etc. Not everything can be determined from just looking around. The more questions you ask, the more information you'll have. The more information you have, the better you can estimate how much you'll have to spend on repairs and maintenance in the future.

Hopefully these tips help you as you search for the perfect Millburn-Short Hills, NJ home for you. If you have any further questions or would like to hire me to provide professional help, please contact me.

Elaine Pruzon
Coldwell Banker Residential Brokerage
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