Making an Offer
Before you prepare an offer to purchase a home, it’s essential that you are pre-qualified, or even better, pre-approved by a trusted mortgage lender.
Pre-approval is one of the strongest negotiating tools you can have as a buyer. It shows the seller that you are financially capable of purchasing the home, which helps strengthen your position when making an offer.
Once you’ve found the right home, it’s time to prepare your offer. But before finalizing your decision, it’s important to gather as much information as possible. While sellers are legally required to disclose any known major defects, disclosures don’t always paint the full picture.
Below are six key questions you may want to ask the seller to gain valuable insight before submitting an offer:
1. Why is the seller moving?
Understanding the seller’s motivation can reveal the “real story” behind the property.
Is there something about the home or neighborhood they dislike?
Are they relocating for work? Downsizing? Upgrading?
This information may help you tailor your offer or identify potential concerns.
2. How much did the seller originally pay for the home?
In some situations, knowing what the seller paid can help during negotiations, possibly even opening discussions about seller concessions or creative financing.
However, keep in mind:
The home’s original purchase price may not reflect today’s market value
Recent improvements or market shifts can significantly affect price
Use this as context, not as a sole basis for your offer.
3. What does the seller like most (and least) about the home?
Asking this question can surface details that aren’t obvious from a listing or a walkthrough.
What features convinced them to buy the home originally?
Is there anything they wish they had changed or fixed sooner?
Their honest answer can highlight both the home’s strengths and any quirks worth asking more about.
4. Have there been any issues or repairs in the past?
Ask about past problems such as:
Water leaks
Foundation issues
Roof repairs
Electrical or plumbing concerns
Even if the issue has been fixed, ask for documentation and ensure a home inspector checks the affected areas.
5. Are there any nuisances or problem neighbors?
This can include:
Noisy neighbors
Barking dogs
Heavy street or flight traffic
Planned construction or rezoning
HOA disputes or community issues
These insights can help you understand why the seller is really moving and whether the home fits your lifestyle.
6. How are the public schools in the area?
A strong school district greatly impacts a home’s long-term value, even if you do not have children.
The seller’s perspective can offer helpful insight into:
School quality
Community reputation
Demand for the neighborhood
Better schools often mean stronger resale value.
Why This Matters
The more you know about a property, the better equipped you are to:
-Decide whether it’s truly the right home
-Determine a smart offer price
-Understand future resale potential
-Identify any red flags early
Your real estate professional can help you navigate these conversations, interpret the information you receive, and guide you in making the strongest, most informed offer possible.
