Buying a home During the Coronavirus Pandemic (COVID-19)
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While the Coronavirus pandemic continues and Governor Inslee's "Stay Home, Stay Healthy Order" is in effect, many of us have found ourselves sidelined from our usual activities. If you were thinking of buying a home before the pandemic or are considering purchasing a home after, you don't have to press pause on your real estate dreams just yet.
Here are four things that you can do right now to keep your home search on track, so you're ready to buy your dream home when the time is right.
Get Pre-Approved
By getting pre-approval for a mortgage, you'll get a better understanding of what you can afford while showing sellers that you're a serious buyer. Gather the necessary documents like your income verification, credit history, and asset documentation and reach out to a lender for assistance.
Two local lenders that I recommend are:
Virtually connect with a Real Estate Agent
Today, more than ever, it's important to work with an agent who's knowledgeable on the current guidelines and can help you navigate through the home buying process. As a specialized buyers agent, I have made it my goal to keep up-to-date with every guideline and am keeping close tabs on market conditions. Although this is a time where we must stay at home to help combat this pandemic, there are virtual and online options that allow you to view homes and help you navigate the home buying process. Contact me today, if you find yourself needing real estate guidance at this time.
Do Your Research
This is a great time to investigate down payment assistance programs in your area, especially if you think you might benefit from a low down payment option when you're ready to make your home purchase. Seattle Downpayment Assistance Loan Program
View Listings Online
You may not be able to check out homes for sale in person right now, but you can still look online for what's available in your area. Use virtual tours and listing videos to take notes of your favorite must-haves and nice to have in a potential home.
Learn more about what guidelines real estate agents should be following during the Coronavirus pandemic here “COVID-19 Real estate Guidelines”
