Ask Why a Homeowner Is Selling Before Buying His Property
Usually, when someone sells something big, like their home, they have a good reason to do so. This is sometimes harmless, but it can also be a warning sign for buyers. Be sure to ask before signing.
As personal finance site Money Ning points out, there may be times when you want to know why someone is selling a home that you don’t want to do business with either. Maybe they are moving because they need to move to work or need more space, which is normal and says nothing bad about home. On the other hand, if they are moving because of troubled neighbors or the area is in decline, this can also be a warning to you:
Owners sell properties for a variety of reasons, and it never hurts to ask why. They often tell you that they have grown out of home or need to move to work. But sometimes the reasons for their move can be a wake-up call to you. For example, if they are selling because they want to be in the best school area for their children, you might also want to consider this if you have a family of your own.
Of course, sellers may not want to talk about all the negative aspects of a home. After all, they are trying to get you to buy it. However, you can never guess what you find out by asking.
4 Questions to Ask Before Buying a Home | Ning’s money