THE DAUNTLESS DECISION OF BUYING A HOUSE DURING CORONAVIRUS

Dated: July 1 2020

Views: 34

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.

Blog author image

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....

Latest Blog Posts

Some Buyers Prefer Smaller Homes

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are

Read More

Some Buyers Prefer Smaller Homes

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are

Read More

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Yea

If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the

Read More

What It Means To Be in a Sellers’ Market

What It Means To Be in a Sellers’ MarketIf you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making

Read More