Answers by Cheryl Crocitto

When buying your first home, it helps to ask questions that go beyond what you see during a showing. Start by asking why the seller is moving and how long the home has been on the market, as this can reveal useful context and possible negotiating room. It’s also important to understand the age and condition of major systems such as the roof, HVAC, water heater, plumbing, and electrical, since these can be costly to replace. Buyers should also ask about the true monthly cost of owning the home, including property taxes, insurance, utilities, HOA fees, and maintenance. It’s wise to ask if there are any known issues with the property, such as water intrusion, foundation concerns, or sewer or septic problems. Additionally, consider asking about neighborhood conditions at different times of day, including traffic, noise, and parking. Finally, ask your agent about recent comparable sales to understand if the home is priced appropriately and whether there are any future developments or zoning changes nearby. It’s also helpful to discuss recommended inspections for the property and how competitive the home may be before making an offer. A great final question is asking your agent what they would investigate further if they were buying the home themselves.

As a first-time buyer, the best first step is to speak with a reputable lender who can review your income, credit, debts, and savings to determine what loan programs you qualify for and how much home you can afford. They will explain the different loan options available, such as conventional, FHA, or other programs, and help you understand the pros and cons of each. Getting pre-approved early in the process also gives you a clear price range and strengthens your position when you begin making offers on homes.