What you need to ask at an open house

Finding the right islamic home financing starts an exciting time when you’ll be looking for that new home. Part of the process might include going to open houses and understanding the right questions to ask at these events can help you decide if you’ve found the right place.

• How many offers have there been on the property? There are a different set of  questions to ask at an open house than the ones you needed to understand islamic mortgage loans. Knowing if there have been offers on the property you’re looking at helps you to know how much competition you’ve got if you’re interested. If the sellers have rejected offers you’ll want to know why to help draft a better approach.
• How long has it been on the market?  This is important. If it’s been sitting for a while, it might be time to make a lower offer. This is a good way to find out if there’s been a price reduction too.

The home buying process that starts with islamic home financing works better when the buyer understands all the right questions to ask at an open house. Try to find out why the owners are selling if you can.