Buying a House Checklist
Questions Related to the House
Here’s a checklist to make sure that the house is in good condition.
- How old is the house?
- How many stories does the house have?
- Does it have a wood frame, a brick frame, or a wood and brick frame?
- Does it have aluminum siding?
- Is the roof condition OK?
- Is the condition of the foundation OK?
- Is the condition of the exterior of the building OK?
- How many bedrooms does it have?
- How many bathrooms does it have?
- What is the size of the garage?
- Is it ―
- oil heated?
- gas heated?
- electric heated?
- hot water heated?
- Does it have centralized air conditioning?
- What are the features available for energy conservation?
- How old is the―
- heating system?
- water heater?
- electrical wiring?
- Does it have―
- a living room?
- a separate dining room?
- family room?
- kitchen eating area?
- an attic?
- laundry space?
- finished basement?
- backyard fence?
- Does it have―
- a refrigerator?
- a stove/oven?
- garbage disposal?
- Is the home connected to the sewage system?
- Is it well landscaped?
- Does it have property boundaries?
- Are security arrangements in place?
- Does it have building code compliance?
- Is there any space for further enlargement or expansion?
- Does it have any carpeting?
Questions Related to the Neighborhood
Here’s a checklist to make sure that the house is in a good neighborhood.
- Is it―
- near work?
- near schools?
- near shopping complexes?
- near doctors?
- near expressways?
- near public transportation stations?
- near houses of worship?
- near airports?
- near industrial areas?
- Are there facilities for garbage collection?
- Are the streets well-lit?
- Are the sidewalks around good?
- Are the streets and alleys around the house well-maintained?
- Is there a lot of noisy traffic at night?
- Are there any parks around?
- Are all the utilities installed properly?
- What are the neighborhood covenants and restrictions?
Questions Related to Financing
A financial checklist for getting a house.
- Do you intend to purchase this house as an investment property or you intend to live here?
- How much is the house for?
- How are you going to pay for it?
- How much of the mortgage loan have you been pre-approved for?
- If you are taking a mortgage loan, what are the periodic mortgage payments?
- Can you afford the mortgage?
- Have you got homeowner’s insurance?
- Do you have an attorney to finalize the deal, or can you take care of all the paperwork yourself?
- Do you need services for real estate appraisal to ascertain the value for your home?
- Do you need home appraisers to ensure that the property is in good condition?
Purchasing property is a pretty big deal and even more so when you are a first time home buyer. So, use this checklist, and make sure that you are indeed buying your dream home.