Homebuyers Learn Five Tips for Buying a Home During COVID-19

June 24 00:21 2020
Homebuyers Learn Five Tips for Buying a Home During COVID-19

During the trying times of economic uncertainty and social distancing, many believe that purchasing a home during COVID-19 is a pretty far-fetched idea. However, with the mortgage rates now in favor of buyers and with a lot of downtime in people’s hands now, seeking the help of https://landmark24.com/ may be a smart move.

Thanks to innovative safety measures and technology, it is still possible to tour homes virtually, get a loan, and purchase a new home while observing social distancing guidelines. Some helpful tips for anyone who is navigating the possible challenges of buying a home during COVID-19 are found here.

1. Start the Buying Process Now

There is no reason to wait until the perfect home is found to start working with real estate professionals and lenders. Many processes can be handled online or over the phone or the internet. Being preapproved for a mortgage is smart. That is because even in “normal” circumstances, a home seller will not deal with a potential buyer without receiving a pre-approval letter from the lender.

2. Get Ready for the Virtual Buying Experience 

Much of the home buying process takes place in the virtual zone already, but with COVID-19 around it has forced even more of the work to be managed online. More appraisers are now working with virtual tools for some open houses that are only available online, even those hosted by https://landmark24.com/contactus/.

3. Avoid In-Person Tours Until It’s Time to Buy

Some people won’t feel confident about purchasing a home until they have seen the house for themselves in an in-person tour. While everything depends on the social distancing guidelines in place, it is possible to buy a home as long as the proper rules are followed.

For example, someone may have to use hand sanitizer, wear a mask, gloves, and foot covers during the showing. Some real estate agents may also be taking additional measures by opening the cabinets and doors themselves to help minimize how many people are touching fixtures during the tour.

4. Get to Know the Mortgage Rates

With rates that are at a historically low point, now is a perfect time to buy. It also means that being pre-approved is more important. It’s a good idea to lock in some of the unprecedented rates, so it is a good idea to remain flexible, because the rates are always fluctuating, and during COVID-19 they may drop lower or even go higher, at any time.

5. Take Plenty of Time to Move

According to experts, like the team at Landmark 24 Realty, Inc., it is a good idea to keep these tips in mind when it comes time to move. Some things are going to take more time than usual, so be prepared for this is essential.

Being informed and knowing what to expect when buying a house during COVID-19 is the best way to make the most of the process. Keep this in mind to ensure that the best possible experience is had. 

Media Contact
Company Name: Landmark 24 Realty, Inc.
Contact Person: Lawrence Harris
Email: Send Email
Phone: (912) 353-1275
Address:6605 Abercorn St #100
City: Savannah
State: GA
Country: United States
Website: landmark24.com/