Analyst Quick Checklist: 15 Questions Before Buying

Short Analyst Checklist: 15 Questions Before Buying 🧾

Buying property is a major decision. This short checklist helps you assess risks, costs, and livability quickly — useful at viewings, during negotiations, and before signing anything.

How to use this checklist

• Go through the 15 questions and mark yes/no/unknown, adding short notes.
• If anything is unclear, order a technical inspection or legal review.
• This checklist is a practical screening tool — not a substitute for formal legal due diligence.

1. Ownership and documents 📄

• Does the seller have clear title and all necessary documents? Always verify originals and match names.

2. Property history and encumbrances 🔎

• Any disputes, mortgages, or liens? Request an official registry extract when in doubt.

3. Permits and completion status (new buildings) 🏗️

• Does the developer have construction permits and occupancy approval? Check the building’s current legal status.

4. Physical condition of the property 🛠️

• Look for cracks, damp, odors, and visible defects. Inspect walls, floors, windows, and plumbing.

5. Utilities and systems ⚡💧

• What is the condition of wiring, heating, water, and sewage? Are meters installed and properly registered?

6. Area and layout 📐

• Does the listed area match the actual one? Is the layout functional for living or renting?

7. Local infrastructure and connections 🏬

• Nearby schools, shops, transport. Are there planned infrastructure changes that could impact value?

8. Parking and storage 🚗

• Is there a parking spot or storage unit? What are the access rules and costs?

9. Noise, light, and microclimate 🌤️

• How noisy is the apartment, what is the sun exposure, and is ventilation sufficient?

10. Taxes and running costs 💸

• What are estimated monthly utilities and property taxes? Ask for recent bills if possible.

11. Resale and rental potential 📈

• How liquid is this property? Consider ease of resale or demand for rentals in the area.

12. Neighbors and management company 👥

• Who manages the building? Are there outstanding debts or complaints about the management?

13. Restrictions on alterations 🔒

• Can you renovate or change the layout? Check local rules and building regulations.

14. Deal terms and hidden costs ✍️

• What are payment terms, deposit conditions, penalties, agency fees, and closing costs?

15. Acceptable risks and contingencies ⚖️

• List potential risks (legal, structural, financial) and decide which you can accept or mitigate.

Practical analyst tips

• Bring the checklist on viewings and take photos of problem areas for later comparison.
• Use comparable listings in the same area to support price negotiations.
• If planning to rent out, estimate demand and likely rental rate before purchase.
• Keep copies of all documents and conversation records.

Red flags 🚩

• Seller refuses to show documents or originals.
• Hidden defects discovered during the inspection.
• Unclear ownership history or outstanding encumbrances.

Quick action plan

1. Initial on-site screening with this checklist.
2. Request documents and registry extracts.
3. Legal review of key issues.
4. Technical inspection if needed.
5. Negotiate price/terms and finalize with legal support.

If you prefer professional assistance, our agents can check documents and shortlist safe options. Start your search on our site: https://buyhome.ge/en/search or visit https://buyhome.ge/en

Contact BuyHome — we’ll help you work through the checklist and choose the right property in Georgia. 📞