Why do realtors ask where you live?

They ask if are you going to live in the place or rent the place because are trying to understand you the customer: If you are going to rent the property you might be interested in places for sale that already have a tenant. If you are going to rent the place, then you might be more interested in places that are empty.

Do I have to live in my first home?

New South Wales (NSW) Buyers must live in the home for at least six months in the first year of construction.

Can tenant refuse Open House Victoria?

A renter can only refuse entry for one or more of these reasons: the visit isn’t between 8am and 6pm, or it’s a public holiday. they haven’t been given written notice. the rental provider wants to enter because renter has been given a notice to vacate but it’s before the last 14 days of the rental agreement.

How long after buying a home can you rent it out?

12 months
You should live in your primary residence for a minimum of 12 months before renting it out in order to stay in the good graces of your lender. They will consider extenuating circumstances, however, so be upfront and discuss your options to avoid being accused of mortgage fraud.

What are home inspectors not allowed to do?

The home inspector has a responsibility to perform a non-invasive, visual examination. This means the home inspector can only examine the readily accessible areas of the home. A home inspector is not allowed to perform destructive measures such as removing drywall, siding, trim, paneling, floor coverings, etc.

Can a real estate agent be related to the buyer?

For example, if the representative is related to the seller, the rep has to disclose this to the buyer in writing. Likewise, if the real estate professional is related to the buyer, the professional has to disclose this in writing to the seller.

Can a realtor give you any advice when buying a house?

Remember, they don’t represent you anymore. They can’t by law give you any advice. When the home inspection happens, and the buyer wants you to fix X, Y, and Z, your agent also will no longer be able to help you with guidance. Throughout the whole transaction, the agent cannot offer you any real estate advice.

Should real estate agents get pre-approved before showing houses to buyers?

Another popular reason real estate agents request a pre-approval before showing houses to a buyer is because it provides proof of the ability to obtain financing. The reality is that not everyone can get a pre-approval.

Do real estate agents have to disclose interests in the property?

Furthermore, if the real estate agent, or someone related to the professional, has an interest in the property being bought or sold, then they have to disclose this in writing to the buyer or seller.