Buying A House Entirely Online
Even before the pandemic, society was becoming increasingly comfortable with doing daily tasks digitally. From making purchases, handling work responsibilities, communicating with family and friends, paying bills and more, we rely heavily on being connected. But is buying a new home online secure?
The internet made a big difference in the way we search for homes – most buyers have already investigated online before ever contacting a real estate agent or touring an open house. Now, covid-19 has accelerated the use of virtual walkthroughs, 3-D mapping and drone surveys of properties. Buyers are getting their first peek at potential homes through smartphone cameras, FaceTime and Zoom.
While buying a home online can be challenging, it isn’t impossible. You need a lender who services mortgage loans online, you need to get a preapproval, and you need to partner with a qualified, local Realtor.
Property search sites have lots of resources and other tools to make it easy to search and stay up to date on the market. Paying attention to the active listings is important, but it’s also wise to look at the long term and explore prior sales in your market.
Research reputable lenders or mortgage brokers and find out who can facilitate the home buying process online and also who can offer a great interest rate. Jump start the preapproval system by collecting all the documents you’ll need to provide in advance so you can hit the ground running.
The obvious disadvantage of online home shopping is that you can’t physically see the property for yourself. It’s critical to find the right experts and professionals to help you and trust them to advocate for you with your best interests in mind.
Therefore, the step that might be the most imperative, is finding the right real estate agent. A trustworthy and reliable real estate agent based in the area you want to move to is more indispensable than ever. The combination of working with online tools as well as a local real estate professional is a formula for success in online buying.
Irreplaceable local knowledge from an experienced real estate agent takes the home search to another level. They are aware of specific streets, cities, property taxes and school districts to give you valuable insight and guidance. They will be your “eyes and ears” on the ground. Along with touring homes on your behalf, they can send pictures and get answers to any questions that come up.
Realtors have access to more real estate data than the general public because they may view the MLS, and other sources compiled and controlled by industry associations. This proprietary data includes active and off-market listings, as well as school, demographic, neighborhood and tax information.
Colorado Springs number one independent real estate firm, The Platinum Group, Realtors have years of experience developing and refining their work. They are ready to share their expertise, knowledge on market conditions, and skilled negotiation techniques to provide top-notch management of your home purchase.
With access to a whole suite of tech tools that help navigate the home buying or selling process –contact-free, The Platinum Group will help you move through the transaction with virtual showing tools, online application tools, and a sophisticated searching capacity.
For a no-obligation consultation, call today: (719) 536-4478 or visit PlatinumHomesSales.com.