THE DAUNTLESS DECISION OF BUYING A HOUSE DURING CORONAVIRUS

Dated: July 1 2020

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This pandemic has flung millions of people around the world into financial distress and uncertainty and previous plans of purchasing a property have been put on hold by many with fears of what the future holds BUT in reality is it a good idea to buy a house now? Are those fears stopping people from making a financial move that could pay dividends in the future?

For starters mortgage interest rates are historically low and that means lower monthly mortgage payments and who doesn't like that?

Less competion from other buyers as many people are being held back by the pandemic fear, this puts you in a slitghly better position to negotiate with sellers. Sounds good to me so far.

Last but definitely not least SAFETY, while nobody can guarentee you won't catch covid 19 what a good realtor can guarantee is that the process be the safest possible. Most aspects of a buyer's journey purchasing a property can be done remotely and or at a safe social distance taking all the precautions necessary such as wearing masks, sanitizing or using outdoor spaces.

So the question of the day, HOW DO YOU GET PREPARED TO BUY A HOUSE?

-Get pre-approved with a lender, meaning you find out how much home you can afford. 

- Avoid big changes, financially speaking.

-Start your house search with a realtor, this is usually the fun part.

And just as easy you will be on your way to homeownership and a step closer to securing your financial future.

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Augusto Verissimo

Augusto Verissimo, a well known Top producer Real Estate Broker with over twenty-five years of experience. His professionalism, work ethic, dedication, and passion for the real estate business has hel....

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