The Most Important Questions to Ask Before Making an Offer

Before making an offer on a home, asking the right questions can help you avoid surprises and make a confident decision. Here are the most important questions every buyer should consider.

1. Is the Price Supported by Recent Sales?

Understanding comparable sales helps you determine whether the home is fairly priced.

Why it matters:It protects you from overpaying and reduces appraisal risks.

2. How Long Has the Home Been on the Market?

Time on market can reveal how much leverage you may have.

Insight:Homes that have been listed longer may be more open to negotiation.

3. Are There Any Known Issues With the Property?

Disclosures can highlight past or current problems.

Ask about:

• Roof, plumbing, or electrical issues

• Water damage or flooding history

• Past repairs or renovations

4. What Are the Estimated Monthly Costs?

The purchase price is only part of the financial picture.

Include:

• Mortgage payment

• Property taxes

• Insurance and HOA fees

5. Are There HOA Rules or Restrictions?

HOA regulations can affect rentals, renovations, and lifestyle.

Important to know:Fees, special assessments, and use restrictions.

6. What Contingencies Should Be Included?

Contingencies protect you if something goes wrong.

Common ones:

• Inspection

• Financing

• Appraisal

7. How Competitive Is the Situation?

Understanding whether there are multiple offers helps shape your strategy.

Strategy matters:Your offer structure can be just as important as the price.

Final Thoughts

The right questions help buyers avoid emotional decisions and strengthen their offers. Preparation leads to confidence and better outcomes.