on the property. It shouldn’t be unkempt and unsightly, as that can indicate a lack of care. If there is a sprinkler system, it should be in proper working condition. If there’s a deck, ensure no decay or damage from termites or beetles.
PROPERTY HISTORY
Knowing all you can about the sales history of the property under consideration is good practice. Don’t simply settle for the information contained in the customer copy of listings. Ask your agent for more detailed information. Find answers to how long the property has been on the market and whether it was previously listed, withdrawn, and/or relisted for a lower price. These kinds of questions can help you decide how much to offer. You’ll also need detailed information on the property, most of which will be available from the public records. A bit of research online will disclose the owner's name, the original age of the home, mortgage history, parcel number, previous property sales, property deeds, and any judgments or liens filed against the seller. The records will also show information about the property taxes and whether they’re paid or in arrears. You’ll also be able to see if permits were obtained to make improvements on the home. These permits could complicate the sale of the property if workmen attach liens or do not complete improvements up to code. Please don’t skip this search because it reveals important information about the property you’re interested in and could save you money. You can get this information through your agent since most agents subscribe to services that give them access to such data. If you’re not using an agent, you can obtain this information through a local title company or order online for a small fee.
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