Everyone has a lot on their minds during these unprecedented times. There are people in need of places to live and others still have houses they need to sell. Some Buyers may have accepted job offers that require them to move to a new city whereas some Sellers may have already moved elsewhere and can’t afford to let their old house sit until this passes. Others may find themselves with a sudden need for more space now that their relatives are back under their roof or may need to downsize to save money.
While the coronavirus may be preventing us from our usual activities, real estate is still available at our fingertips. Searching for homes online is nothing new but what we are seeing, is an increase in homes offering 3D tours and agents offering virtual showings of properties. You can even make an offer online and sign contracts virtually, completing the entire process practically remotely, if desired! Like so many things, it seems that this rather futuristic way of operating could be our new normal for the foreseeable future.
Right now is a great time to be purchasing a home or preparing to do so. Interest rates are still at historic lows. Competition from other Buyers may be down temporarily, resulting in less bidding wars than just a few weeks ago. Currently, Buyers are likely to find very motivated Sellers who may be willing to negotiate, but you shouldn’t expect to see dramatically lower prices. Here are some tips to keep in mind as you search.
Tips for Online House Hunting
With some creativity, Arrive Real Estate Group is confident we can support you and your real estate needs during this time of unprecedented uncertainty, and we’re confident we can navigate your situation accordingly. Just be flexible, understanding, and open-minded, and we can get through this together.
If you’re wanting to buy when this passes, we can make sure you are pre-approved and set on the best searches so you are ready to write an offer when the timing is right. Sellers are using this time to prepare their homes and many more will be listed when this passes.
Bottom line, your dream house can still become a reality, we have your back, and are here to help any way we can!
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