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Questions to Ask When Buying a Property in Hua Hin

Unfortunately, buying a property isn’t as easy as buying a dress where you have an option to return it and exchange before seven days if you’ve discovered it doesn’t fit you well. Once you’ve bought a property, there’s no turning back. Hence, it is crucial that you’re going to educate yourself properly before you make a decision. Here are the following must-ask questions that you need when it comes to buying a property in Hua Hin.

  1. May I know the value of the house through the latest property sales report?

Do not overlook this factor. Most people tend to ignore the importance of this question where in fact, every buyer should know the value of the house that they are interested in buying. You need to know the worth of the house that they are selling for. A recent sales report with other similar properties will allow you to compare the price of the Hua Hin real estate for sale that you are interested in buying and to ensure that you are not overpaying nor underpaying the house.

  1. What is your reason for selling the house?

Knowing the reason behind selling the house is also fundamental. It can help you with the negotiation of the price and can save a lot of money. Some vendors are looking for a new property to settle themselves, selling their old house in the process. If this is a deceased estate we are talking about, then you need to run it through the auction.

  1. How long has the property been for sale?

Determine the number of weeks this Hua Hin real estate had been on the market. If it exceeds six weeks, then there must be something wrong with the house why buyers are not interested. It might be overpriced, or some complications make it impractical to buy the house. Correctly-price properties are sold in less than six weeks, keep this in mind especially if the house had been to an auction but is still for sale until now.

  1. Are there any related issues with the property or the neighbor’s property that I need to know of?

You might want to know the background history of the house because it can help you make the right decision. Know any other past issue or a potential issue with the house before you finally sign the contract because as what we’ve mentioned above, there’s no turning back. Do not just rely on their answer to this question. Do your own research. If you are lucky enough, some honest vendors will tell you if something is going on that can affect your decision of buying the Hua Hin real estate for sale or not.

These questions can help you to make a proper decision when it comes to buying a property in Hua Hin. Keep these questions in mind and be mindful of the answers of the vendor or the agent. In that way, you can rest assured that you are buying the right property in a reasonable amount of price.

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