The ongoing health crisis hit unexpectedly, and all the plans that people had were put on hold. Moving house and buying a house could be one of those plans, and you may have been attempting to find a place to live before the quarantine and lockdown hit. COVID-19 has truly changed our lives, and postponed so many things. However, as things slowly return to normal, that could mean you can get one back to the property ladder, faster than you think. Believe it or not, now can in fact be a pretty good time to buy. With a few precautions and guidelines, you can move forward with finding a new home earlier than you think.
Getting ready
One of the first things to do to start your home search is chat with a mortgage lender (on the phone or online), to see if you can get pre-approved. You should also check how much, so you know what sort of budget you are attempting to find for house hunting. Prices may not drop too drastically, even though this will vary from region to region. For first time buyers this can be a really positive thing. For existing house owners looking to move in, it could mean you get less for your home, but you’ll likely buy less as well.
Research
You must prepare well when you consider buying your house. If you have not made a firm decision about the type of home you’ll be attempting to find, or the non-negotiables you have, now is the time. Would you be looking to live in a new house construction, or would you rather be in an older home? What area would you like to live in and what facilities would you like it to be closer to? This all has to undergo, before you can begin attempting to find the house you want.
virtual tour
For some apparent reasons, you may not have the ability to visit some homes. You may find it difficult to visit some that you see online, particularly if they’re currently busy with their current owners. However, many real estate professionals find a way around this, and really get creative. Many real estate agents use in-depth videos, to allow them to provide you with a virtual tour. Of course, someday you will want to see the house in person. The virtual tour will provide you with an idea whether you want to see it in person or not. This can help you narrow your list down a bit. So that’s something absolutely worth considering, before a suitable visit can occur. The rules are all the time changing, so you can likely buy and sell your home much quicker than you think.
Do you want to buy or sell at this time, in the middle health pandemic? It would be great to hear what you think.
