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Multiple Select QuestionSelect all that applyAs an investor, you want to ask your real estate agent about which of the following?Multiple select question.financingtaxesseller's family creditbuilding conditionseller's family history

Question

Multiple Select QuestionSelect all that applyAs an investor, you want to ask your real estate agent about which of the following?Multiple select question.financingtaxesseller's family creditbuilding conditionseller's family history

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Solution

As an investor, you would want to ask your real estate agent about:

  1. Financing: This is crucial as it pertains to how you will fund the purchase of the property. You might want to know about mortgage options, interest rates, and other financing options available.

  2. Taxes: Understanding the property tax situation is important as it can significantly impact your return on investment. You would want to know the current tax rate, when taxes are due, and if any tax liens exist on the property.

  3. Building Condition: This is another important factor to consider when investing in real estate. You would want to know the age of the building, its current condition, any repairs or upgrades that are needed, and any potential issues that could arise in the future.

  4. Seller's Family History: This is not typically relevant to your investment decision. Unless the family history somehow impacts the legal status or value of the property, it's not something you would need to discuss with your real estate agent.

So, the correct answers are financing, taxes, and building condition.

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