Things to Keep in Mind About Buying a Home During COVID-19

Reblogger Will Hamm
Real Estate Broker/Owner with Hamm Homes

Hello all, Joseph Doohan came up with this great tips doing this time of buying homes.  Take a look at when he can up with.

 

Original content by Joseph Doohan

In this post I am going to discuss things to Keep in Mind About Buying a Home During Covid-19

 

Is Buying a Home Now During the Pandemic Possible?

Yes, it is possible to buy or sell a home during this pandemic. Real estate transactions are classified as essential services, but must follow each state or country’s social distancing rules. The first step should be applying for a mortgage. 

Source: https://www.thejoeeconomy.com/personal-economy/5-things-to-keep-in-mind-about-buying-a-home-during-the-covid-19-pandemic/

 

Things That May Impact The Homebuying Process

There are at least five things that might impact the home buying experience:

 

Social Distancing:

The home seller might not want strangers in their home or only one person might be allowed to visit the home at a time. Or, the Realtor might tour the home with a phone or digital camera showing the house on Face Time or Zoom. Realtors might make a pre-recorded video or 3D walkthrough with interactive floor plans for each house they have listed to sell.

 

Source:

https://herbots.weebly.com

https://www.mioola.com/herbots/

https://dashburst.com/herbots

 

 

Less Competition:

There may be less competition from other buyers. This means there might not be the bidding wars so common a few months or years back. The home seller might be more willing to look at offers. At the same time, there will be fewer homes available to consider buying. 

 

Home inspections:

There might be a problem getting a home appraisal or a home inspection done before closing on a property. A digital version of these processes might have to be enough. This means buyers are purchasing homes with fewer assurances as to value and condition.

 

Sources:

https://www.exchangle.com/Herbots

https://herbots.dropmark.com/803125

http://quicklinkr.com/herbots/public

 

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Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Will, for sharing this reblog selection.

Have a great day and a very special weekend.

May 23, 2020 09:13 AM #1
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Jerrill Ewing
N & J Lake Properties, LLC - Eatonton, GA
Builder

makes me glad I live in Georgia where we had minimal interuptions in real estate.  

May 23, 2020 09:21 AM #2
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Will Hamm very valuable tips for when buying a home during Covid-19.

May 23, 2020 11:42 AM #3
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Thanks for sharing. We are managing to get things done too.  When there’s a Will, there’s a way.  Get it ?  Lol

May 23, 2020 02:35 PM #4
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Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Thank you for sharing this reblog with us...

Happy Memorial Day Weekend Will Hamm 

May 23, 2020 09:38 PM #5
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Will Hamm

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