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8 Questions Realtors Are Scared To Answer When You Are Buying A House In Temecula

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So, if you’re are thinking about buying a new house, you may be nervous, and the truth is, you should be if you don’t have a solid plan to prepare you for buying your first or next home. You don’t make money in real estate when you sell, you do it when you buy. Buying smart involves having the right agent in your corner so I wanted to give you a way to qualify your Realtor by giving you several questions to ask them.  If they can intelligently answer them, you will know you’ve found the right representation. Use these simple questions as a way to qualify your Realtor if you are buying a house in Temecula and surrounding areas.

You’ve decided to Buy A House In Temecula, and hopefully you’ve done yourself a favor & decided to work with a Realtor®.  The key is making sure you are working with the RIGHT ONE. Let’s face it, the only reason you are thinking about working with a Realtor is because when you find a good one, they will ensure you have a great home buying experience, and that you’re making a wise financial investment.

These are the 8 questions to ask a Realtor when buying a house in Temecula.  Your Realtor’s answers to these questions will allow you to determine if they truly know what they are doing.

How Do I Determine My Budget?

Even if you already know your budget, it’s really important that you still ask this question. Because it’s probably one of the most important questions you can ask your agent! Because the last thing you want to do is go out and fall in love with a home, make an offer, and then discover you cannot afford it. Trust me, it’s heartbreaking to have to tell someone they cannot get their dream home because they didn’t haven’t figured out what they can afford. A good Realtor will take the time to sit down with you and walk you through all of the costs associated with home ownership. 

I talked to a lender already and they pre-approved me for X amount, is that what I should spend?

If you’ve already gotten a pre-approval letter from your lender, that’s fantastic, but that doesn’t necessarily mean that’s what you should spend.  Share it with your agent and make sure that your search price fits in line with where you want to spend on a monthly basis. Your Realtor SHOULD factor in all costs of homeownership including taxes, PMI, and home owner association dues (if applicable) so you can  reach your comfort level in budget.  For example, the higher the property tax bill, the less you are likely to be approved for in loan amount and vice versa.

What does selling and buying a house at the same time process look like?

One of the best questions to ask a Realtor when buying and selling a house at the same time is how it works. You will know you hired the right agent once they walk you through in detail how this works. The truth is that there are several ways this can be done, but a good agent will walk you through a couple different strategies.

In most cases, people do not have the money to buy a property and they need to sell their existing home to have the cash to make the down payment. Knowing exactly how the client proposes to arrange the down payment makes it easier for me as your Realtor® to fulfill the demands of the client. You can learn more about this topic on the article below.

What kind of time frame should I expect?

The answer to this question will determine the timeline for your purchase and will allow you to set realistic expectations on when you can expect to officially own your new home. This question will allow you a clear understanding of your Realtor’s strategy for finding what you want. A good Realtor will have a plan, and communicate it effectively. Because, the last thing they want is for you to become frustrated with the process. Time is the most precious resource we have, and I aim to make best use of it.

What areas should I live in?

This questions may knock an inexperienced agent on their heels. But it will truly show whether or not they have a thorough strategy, or if they’re going to waste a lot of time. You want your Realtor to offer some recommendations on ways to eliminate areas that you aren’t interested in. Realtors can’t tell you where to live, but they can certainly help establish your wants vs. needs list. At the end of the day, going shopping for a new home is just a process of elimination.

I always will ask for you to come up with 3-4 areas of your liking for me to search properties to fit your needs.  Newer, more unexperienced Realtors® often make the mistake of showing properties all over the city only that may “look nice,” only to be told in the end that they are interested in one or the other areas. If the client has a leaning towards a particular neighborhood, a good Realtor® will have the knowledge to be able to concentrate upon a small area in your city or town, and be able to tell you everything you need to know about it.

What do I get for the money?

I love using this as one of the top questions to ask a Realtor when buying a house because it forces them to share their expertise and experience. Are you going to get someone who just opens doors for you? Or are you going to get an agent who can translate dollars to square footage in the homes you’re looking at? Can they explain how much more or less you’ll pay for a house because it has an extra bathroom? Or maybe the house you love is short a bathroom compared to the other houses in the area. What does that mean in terms of dollars? 

Is there anything else I should be looking for?

You may have requirements pertaining to parking while some others demand properties very close to public transportation. If you’re in a condo building you may want a swimming pool or you need to be close to the coast. I’ll always ask you about special considerations before we hit the road. This will help us focus on properties that are just right for you and your family. 

Do you have testimonials?

In this business, experience matters.  What other people say about your product or service is more powerful than anything you can say about it.

One of the best ways to find a good Realtor is to interview Realtors with questions that will give you the information you need in order to make a smart decision. By no means is this an exhaustive list, and there’s a good chance that the answers to these questions will cause other questions to be asked by both you and your Realtor®. If that happens, go with it! Just be prepared to have a conversation, because we sure love to talk – especially about real estate!😉

So, whether you or someone you know is Buying A House In Temecula, or surrounding areas. I would love to put my plan to work for you, or them! Let’s talk about it!

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