It is important to know about how many times the home has changed hands over the years as well as for much the home sold for each time. This will let you know about your prospective propertys value fluctuations which can help you sell the home and negotiate fairly in the future.
No one wants a home that racks up utility bills as though the owners are made of money. The water, power, and gas bills should be disclosed as well as annual maintenance cost for you to gauge if you can truly afford the home.
Although the homes value is the primary determinant of the property tax, knowing how much the current owners are paying is a good way to determine future expenses on the property.
Any history of suicide, murder, or death should be disclosed by the broker or seller. Unusual history like appearing in a magazine, commercial, or movie should be disclosed as well. A home appearing in public media may mean a future privacy breach and a negative history can make a home difficult to sell in the future.
A roof replacement can cost upwards of 10,000. The future homeowner should know when a huge expense like this may be due.
Whether or not the home has a garage, it is possible that future visitors may need to park outside of the property. When this happens, the last thing you want is for your guests vehicles to get towed away.
Replacing any of the above can easily cost thousands of dollars. Having the warranties can save a lot of money down the road.
Upgrades can cost a lot. It is best to know which contractors worked in the house before and what they did more so if planning future additions or renovations.
Although you can hire a home inspector, it is best to know these issues beforehand more so that the cost of repairs for issues like this can be equivalent to a sizable amount.
Getting rid of rodent or insect infestation can incur a lot of time and money. Something like this needs to be disclosed rather than find out when it is too late.