Questions to Ask at an Open House

Questions to Ask at an Open House

While an Open House gives you a chance to see a house (and its neighborhood) for yourself, it’s also an opportunity to ask questions that will affect your decision to make an offer. Here are some relevant questions that you can ask (or have your agent ask for you).

• How long has the home been on the market? If it isn’t selling, there are probably good reasons why.
• Why are the homeowners selling? The answer (moving out-of-state, they bought another house etc.) can help you determine how motivated the owners are to sell.
• Do you have any current offers? You need to know if other buyers are competing for the property.
• Has the house been in escrow? If it didn’t sell, was it an appraisal or inspection issue?
• Are there any special costs of ownership (condo fees, etc.)? If there’s a Homeowners’ Association, ask for the phone number of someone from the Association so you can find out about covenants, fees, and assessments.
• How much is the annual tax assessment?
• What other houses in the neighborhood are for sale, and what have other houses sold for in the past 90 days?

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About the Author

Brandon Lau grew up in Kailua and currently resides in Honolulu with his wife Andee and children Caylah, Elijah, and David. His eighteen years in real estate led him to become a Partner at ChaneyBrooks Choice Advisors. Over the past 10 years he has developed the team and systems that has created a high level of service and value for his clients.

What differentiates Brandon and his team is his consultative approach to real estate. He advises clients with relevant data and expert insight to help them make the best choices in real estate. Good choices in planning for long term dispositions, negotiating for the best price or knowing when not to pursue an investment are ways his consultative services will give you an advantage in the marketplace. His bottom line is providing service with the utmost integrity and expertise.