Unlock the secrets to mastering your home financing journey with our latest episode of Lendgo's Mortgage Mastery Podcast. Join us as we dive into crucial questions every homebuyer must ask to make an informed decision.

Episode Highlights:

Seller's Motivation

• Why the seller is moving.

• Influence on negotiation strategy.

Market Time

• Duration the house has been listed.

• Implications for desirability and price.

• Possible underlying issues.

House and System Age

• Age of the house and major systems.

• Future maintenance or replacement costs.

• Energy efficiency and utility bills.

• Overall lifespan of the house and systems.

Sale Inclusions

• Included appliances and fixtures.

• Impact on budget and negotiation.

History of Repairs and Renovations

• Insight on the overall condition and upkeep.

• Quality of repairs and renovations.

• Legal disclosure of structural problems, pest infestations, water damage, etc.

• Importance of a home inspection.

Property's History

• Previous ownership and major events.

• Maintenance records.

• Implications for the property's condition and upkeep.

Utility Cost and Efficiency

• Average utility costs for electricity, water, gas, and trash services.

• Assessing the home's energy efficiency.

• Impact on monthly expenses and budgeting.

Neighborhood Insights

• Crime rates, quality of schools, available amenities.

• Proximity to essential services.

• Neighborhood's vibe, safety, and convenience.

- Visiting the neighborhood at different times.

Upcoming Developments

• Impact of new construction or development projects.

• Potential enhancements or drawbacks to neighborhood and property value.

Property Taxes and Financial Planning

• Current property taxes and potential changes.

• Impact on monthly budget and overall affordability.

Homeowners Association (HOA)

• HOA fees and specific rules.

• Impact on lifestyle and budget.

• Services and community benefits offered by HOAs.

Conclusion

• Importance of asking the right questions.

• Guidance through the mortgage process.

• Encouragement to start the home-buying journey with confidence.

Join us and turn your home-buying goals into reality. Remember to subscribe and leave a review!

Links: https://lendgo.com