Digging Deeper (to unearth the questions you haven’t thought to ask)

[ 0 ] October 9, 2017 |

Have you ever unintentionally buried someone else’s (dead) cat in your garden? Well, I have. And while it was admittedly regrettable, I did learn a valuable, if not elementary, lesson from the experience — a lesson that transfers quite nicely to real estate.

That is, take a closer look and ask a few more questions so that 1) you have a clear understanding of what you’re getting into, and 2) you don’t later regret your decision.

Had I taken just a few extra seconds to study the features of the cat, or to simply read the tags on the still intact collar, I would have realized this wasn’t our Daisy. I still may have decided to bury and eulogize the deceased, but it would have been a conscious choice. As it was, I made a hasty and ultimately regrettable decision to bury Daisy’s doppelganger in a shallow grave in the middle of our garden. (I still feel bad DD’s owners never learned of their mate’s fate.)

Similarly, when buying a home…

Always take a closer look, and really think about what questions may still need to be asked. For example, while you certainly know to have a general inspection completed as part of your due diligence, you may not have thought much about having the sewer line inspected. We HIGHLY recommend, especially in older properties, that buyers have the sewer line checked out. Repairing a sewer line is expensive if the problem is found within a section of line in your yard, but if the problem lies in a section of the line under the street, the repair is going to be really expensive. Not only will your insurance policy not cover problems with a sewer line, but you should also know the homeowner is responsible for the sewer line until it reaches the main — and the main line is most often in the middle of the street. This means, if your problem stretches to a section under the street, you now have to pay the City of Fort Collins/Loveland/ etc. to shut down traffic, to dig up the street, and to then, when you’re done with the repair, put the street back together. You may still decide to go forward with the purchase, but at least you’ll know what you’re getting into.

It’s our job to help you figure out what questions to ask…

The point is, if you want to love the home just after you close, as well as a few months or years down the road, when it’s no longer new and shiny, it is essential to be thorough on the front end, when going through the buying process. Every situation is different and the questions we ask about one property won’t always be the same as the next; sometimes the questions are evident and easily answered (Do the letters on the shiny ID tag, with 20 point font, spell out the words “Daisy?”), and sometimes the questions that need to be answered are buried (no pun intended) and not easily unearthed.

It is our job to know and/or to flesh out the most salient questions. Ultimately, the specific home you purchase matters little to us, but it is very important to us that you understand what you’re getting into, and that you have the information necessary to make a wise and informed choice. Yes, we want you to be excited about your purchase, but it’s just as important to us that you don’t later regret your decision. If you have the right expectations going in, your ultimate experience in the home will be all the better.

Category: Real Estate

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