Questions Asked by Buyers Moving to Southern Indiana and Louisville
What is the reason for selling the property?
There is always a reason for something, whether it be purchase or sale, therefore when it comes to selling or buying the property, the buyer should analyze the reason of sale. In many instances, an owner is selling in order to purchase another property. Other instances may include, the property owner passing away, changing demographics of a neighborhood, legal problems or a life-style change for the owner. Knowing the reason for the sale of the property could help the buyer during negotiations.
How long has the property been listed?
Listing time tells a lot about the property. For instance, if the property has been listed for more than 6 months, there may be some obvious reasons (priced too high, poor condition, undesirable location or lack of marketing exposure). However, if the property has not been listed very long you may feel more interested in the property because it is considered golden.
Are there any disputes involved?
Another question the buyer may have in mind is the matter of dispute. At times, the houses being sold have numerous disputes or liens against them. If that information is undisclosed, a title company will almost always uncover the information. These factors are essential to keep in mind when purchasing a home