What should I ask before buying a home?

Before buying a home, it's important to ask the right questions to make sure you're making a good investment. Here are 7 questions to ask yourself to buy a home.

What is the location of the home?

Consider the distance to downtown, public transportation, amenities such as supermarkets, schools and parks.

What is the condition of the house?

Make sure you know if the house has been regularly maintained and if it needs expensive repairs.

What is the budget for renovating the house?

Some homes may require extensive renovations. Make sure you have enough money for these expenses.

How much is the property tax and home insurance?

Make sure you have enough money for these recurring costs.

What is the neighborhood and city in which the house is located?

Make sure you know the quality of life in the neighborhood and city, including safety, schools, amenities and activities.

What are the additional costs such as notary fees and property management costs?

Make sure you know the additional costs to avoid surprises.

What are the risks of buying this home?

What are the risks of buying this home, such as flooding, landslides or sewage problems? Make sure you know the risks to avoid surprises.

Asking these questions before you buy a home will help you make an informed and thoughtful decision.