The market is moving at record speeds. Homes are selling as fast as seven days. Bidding wars have sellers juggling multiple offers and buyers scrambling to find the perfect homes. The pressure in the market has caused some to buy sight unseen. While buying sight unseen is a familiar way to purchase a home for those relocating, it’s becoming more common for the average buyer because of the state of the current market. Before you decide to buy your new house before you’ve even seen it, be sure to not skip these five steps in the process.
1. Do Your Research
When you’ve found the home you’re interested in, be sure to do your research on the surrounding community. You may love the house, but you may come to find that you aren’t in love with the surrounding neighborhood and its amenities. Check out schools, available entertainment options, shopping selections, and anything else that’s important to your quality of life outside of the home.
2. Take the Virtual Tour
Don’t skip out on taking the tour. Many listing agents offer virtual tours and even offer virtual open houses for you to get a feel of the home and its layout.
3. Ask for additional photos and videos
You can take that virtual tour a step further and by asking your agent to give you a personal virtual tour of the neighborhood and the community amenities. If you need additional photos of surrounding parks, pools, beaches, etc. don’t be afraid to ask your agent. Lean on your agent to be your eyes and ears.
4. Use Your Senses to Ask Questions
Your agent is prepared to answer any questions you may have. That’s what they’re there for. Tap into your senses to make sure you cover all the questions you may have about things you would normally see, hear, or even smell in an in-person tour. Are trains nearby that can be heard loudly? Does the home smell like smoke because the previous owners were smokers? Think about the things that matter to you.
5. Find a Trusted Home Inspector
Your home inspector will be your second set of eyes and ears. Find one you trust and are comfortable with. They will ensure there are no underlying issues with the home that you’re unaware of before you officially move in.
With any real estate investment, planning and having the right people in your corner is key. If you think you’re ready to take that step and buy sight unseen, connect with one of our 8,000 agents to help you navigate the process. If it’s a question of what you can afford, check out our mortgage calculator to help estimate your monthly payments. For local listings you can trust, start with REIN.com.
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