Covid 19 15 Apr 2020
House Hunting During Covid-19: Here’s What You Can Do !
In the midst of Coronavirus crisis, if you are looking for a home, there are plenty of options that you are going to come across. The pandemic has got nothing to do with your house hunting initiative. However, there are certain protocols that must be taken into account. In addition to these, there are also some visible changes in the whole procedure that you must keep in mind.
Despite the pandemic, some people still need to move from one place to another for a wide variety of reasons. But, most important of all, there is no dearth of sellers who are very much interested in selling their apartments or letting them out.
However, there are certain conditions that you do need to keep in mind.
- Look for an agent you can trust: Your decision of buying a home might be propelled by some external factors. However, you will never get that to achieve the objective unless you make it a point to seek the help of a real estate agent. You need to look for someone with adequate knowledge, someone you can trust and who is in a better position to help you sail through the various nuances.
With interest rates at an all-time low, a lot of the potential buyers will have incredible options in terms of purchasing power. Since most of the other buyers are a bit scared, the competition is low and this might help you to get a home that fulfills all your specifications.
- Use technology to see your home: Of course, now is not the time for you to physically check the house premises, especially when it is mandatory for you to maintain social distance. As such, you are left with no other option, but to make use of technology. It is now possible for you to get a first-hand glimpse of the home with the help of video tutorial and Virtual assistant.
Most of the real estate agents have their own websites and as such, you will find countless photos and videos of the properties. This in a way will help you get a better perspective of the home you want to buy.
- Negotiate with sellers for better terms: Well, the market is going through a bad patch and most of the sellers are looking for a way to release the property, without much of any delay. So, if you have the cash to dispense, then you are likely to find a willing seller who might accept the price you are offering.
Even then, if you make an effort to negotiate, there are chances of getting a nice deal that suits your interest.
Any other recommendations!
There is no point in wasting your precious time waiting for the Covid-19 outbreak to get over when it comes to buying a home. Start by taking a close look at the market and make it a point to study the market behavior. The global pandemic is more like a small window of opportunity, where you have a good chance of securing good deals on the real-estate property of your choice.