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Get Prepared For The Questions
The Buyer Will Ask about your Tyler Texas home. . .
It is important to gather information pertinent to your property. It will take time to coordinate this information from old bills, tax statements, work receipts, service contracts, and warranty documents, but it pays off when you sell your home. Prospective buyers ask questions about your home and property. The following questions can be expected and you should have the file of information to answer them:
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What do you pay in property taxes and when are they
due?
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How much does it cost to heat and cool your home?
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What do you pay for gas and electricity?
c
What do you pay for water and who supplies it?
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How old are various structural components and
systems, including the roof, water heater, furnace,
and plumbing system?
c
How old are any appliances that will stay with the
house?
c
Do you have any guarantees or warranties on
appliances or components of the home, such as
siding or roofing, and are these warranties transferable?
c
Are there any fees for municipal or private services,
such as garbage pickup, and what are those services?
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Is your house located on a flood plain? If so, what kind
of insurance is required?
c
Have you had water problems in the basement or
through the roof? (If so, you must show the buyer that
you have rectified the problem.) Do you have warranties
or guarantees on the work?
c
Where are the local schools, and what is their quality?
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What is the availability and cost of mass transit?
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Where are the places of worship in the area?
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It is helpful if the seller provides a copy of their original
title or abstract to the listing agent and title provider.
This assists in identifying ownership in the property and
can expedite a title search. It also assists the listing
agent for submitting information to the Multiple Listing
Service (MLS) so that buyers know how to submit their
contract offers.
c
Is a copy of the survey and floor plan available?
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Have available a copy of the Condomium Documents
(if applicable).
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Are there any special assessments? If so, what are the
special assessments and when are they due?
c
Is the current property tax for “land” only, due to the
house being newly constructed? What are estimated
new tax amounts, including the house?
c
Have you filed for a homestead exemption?
c
Are there any Homeowners Association (HOA) dues?
Who is the HOA management contact? What are the
fees for and when are they due? Are the fees
transferable?
c
Does the development have an “additional” HOA fee for
boat storage, golf/tennis membership or pool facilities?
What are the fees and when are they due? Are the fees
transferable?
c
If the property is being sold as an investment property,
provide a copy of the tenant’s lease (if applicable).
c
What services are available for communications?
Cable, wireless, satellite? Do you know who the service
providers are? Is the house wired for cable access to
the internet?
c
Do you have a well or septic system? Can you provide
information about the inspector and the last inspection
completed?
c
Are there any parking permissions or restrictions?
c
Are there any storage restrictions? Examples: Boat or
RV must be stored in garage. No sheds over a certain
size.
c
Are pets allowed? Are children allowed?
c
Is this home in a “retirement” area, where a minimum
age is required?
c
If your property is in a rural area, is an aerial photo
available?
c
Have you had any environmental studies done? If so,
please provide copies of reports.
Buyers are very sharp. They know what questions to ask. So Tyler Texas homeowners need to be ready to give them straight-up answers.
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