As the novel coronavirus spreads around the world, we’re seeing more and more countries where the normal day to day life is being disrupted. Until the COVID-19 outbreak is in check, health experts recommend that we isolate ourselves and avoid activities in public places to help stop the rapid spread of the virus.
Depending on where you are in the home buying process, here are some helpful tips to help you continue searching for a home while also protecting yourself and others. Things change fast these days, so keep an eye out for rules imposed by the local authorities and take their advice seriously. If your state goes into lockdown, do your part and stay home; going to viewings and open houses can wait.
Just starting? House hunt online!
A simple way to limit or even eliminate physical contact with other persons is to avoid going to open houses or tours. There are a lot of remote ways to “tour” homes in order to screen the best candidates.
Start by looking at listings online on websites such as www.point2homes.com and carefully go through each photo and all the house details to narrow down the list. Once you have a few homes in mind, you can ask your agent for a virtual tour via video call or more close-up photos of the property. This way they can answer any questions you might have about the home, without requiring you to physically be there.
Already found a home and just need to see it in person? Take your precautions!
It’s important to stay safe in case you do decide to go for a physical tour before moving forward. Drive there yourself instead of hitching a ride with your agent. It’s also a great idea to forgo the handshakes or high-fives in the upcoming period.
Wear protective gloves or try to avoid touching doorknobs and hard surfaces that other people might have touched. Wash your hands as often as you can after touching highly-used surfaces. Also, make sure to use alcohol-based sanitizer before you get in your car after visiting a home.
Ready to sign on the dotted line? Consider your finances carefully!
Everyone needs to take a good look at their personal finances before making a decision. Take into consideration that, depending on what your day-job is, your income might be affected by disruptions caused by the Coronavirus outbreak.
Decisions made by the Federal Reserve might also influence mortgage rates in the upcoming months, so stay informed and up-to-date with the measures taken as things evolve.
Feeling rushed? Don’t panic-buy!
Buying a home is a big financial decision even in the best of times. And you really don’t want to panic-buy a house. If you want to be sure you make a good decision, think rationally and don’t let your fear get in the way. Don’t skip parts of the home buying process such as home evaluations or inspections just to make everything advance faster.