When you are in the market for a new home in Connecticut, you will most likely be using the services of a realtor. Some people may try to sell their homes alone but more often than not, a realtor will be involved in the search and closing.
Working with a realtor should be a rewarding and educational experience that results in you, the home buyer, getting the home you want at a price you are comfortable with. By Carrier wants to see everyone settle into a home they love and we offer a few questions you should be prepared to ask the realtor you are working with.
How well does the realtor know the Area: When you have narrowed down your choices for towns and neighborhoods you are interested in buying a home in, ask the realtor how familiar they are with the area. Do they live there? Have they ever owned a home in the neighborhood? What are the pros and cons of a particular area? Getting their honest feedback of the town and neighborhood you are interested in will help you make the best decision possible.
What are other homes selling for: When you are discussing homes in a certain neighborhood, make sure you ask what other homes in the area are selling for. Granted, the size of certain homes, the additions a current or former owner has added and the interior of a specific dwelling will affect the value of a home. But, most homes in a neighborhood often sell in a price range and it helps to know what the other homes are valued at.
What can I expect in terms of Appreciation: It’s never too early to think about the future. Many people buy homes as investments and just as you would ask a stock broker how soon a stock will rise to a point where it makes sense to sell, the same can be asked of a realtor. Know that the market is always changing and many factors are involved, but a realtor familiar with the area should be able to provide you with a rough estimate of how much your home will increase in value in say the next 10 to 15 years.