A Homebuyer's Master Checklist

• April 7th 2009

by Mark Wellborn

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We have received inquiries from a few readers regarding the types of questions that should be asked when looking at a property to buy. We reached out to W.C. & A.N. Miller agent Pamela Wye to help us compile a list of questions and concerns that first-time homebuyers should keep in mind.

If you go to visit a property, the first thing that you should do is ask for a fact sheet. This will tell you the age of the home/condo, taxes, size of lot (if available), and give the general features/amenities of the property.

Here is a list of questions that should be asked by homebuyers (both first-time and those who have been through the process). Note: Most listings for sale will have disclosure packets that will answer a number of these questions.

• How long have the sellers owned the property?
• Have there ever been any structural problems with the roof, walls or floors?
• Does the home have a history of leaks?
• Is there a lot of moisture in the basement?
• Have there been any problems with heating/cooling, plumbing or electrical systems?
• Has the property had any problems with rodents or insects that might hurt the structural integrity of the home?
• Has there ever been any exterior damage to the home?
• Is the property a DC landmark?
• Has lead-based paint been used in the home?
• What type of updates will need to be made in the next five or ten years?
• How far is the property from public transportation?
• What type of development plans are in the works for the surrounding neighborhood?
• What are the zoning laws in the area?
• Is there a lot of undeveloped land in the vicinity? If so, what could be built there?
• Have home values in the area been rising or declining?

Are we missing any important questions on this list? Let us know in the comments.

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/a_homebuyers_master_checklist/765.