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These days, most homebuyer hopefuls begin their search for a new home online. The ability to visit and tour properties virtually makes it easier to narrow down their choices before making in-person visits.
As home viewings become increasingly virtual for the foreseeable future, there are a number of tips prospective buyers must consider when shopping for real estate online.
Buyers should have the same control in touring a home online as they do when perusing a home in person. If there is a room or specific location that the buyer wants to navigate in greater depth, they should have the ability to do so.
A quality online home listing will offer a 3D or 360-degree virtual tour as the main medium for the buyer to explore the property, with the ability to pause and zoom in at high definition in those areas that need to be examined more carefully.
These options should be secondary and take place only after the prospective buyer has had a chance to perform a thorough, self-paced 3D or 360-degree virtual tour.
Every prospective home buyer should strive to purchase a home with good bones–those essential features that are unfeasible or impossible to remodel.
There are a number of red flags that online home listings can raise. The buyer should be concerned with any of the following scenarios:
The global pandemic and accompanying financial crisis have seen mortgage interest rates plummet to historic lows.
As such, there has been a flood of homeowners rushing to refinance their current loans, causing the underwriting process to get backlogged for home buyers.
The typical closing period of 30 to 45 days has been stretched to in excess of 60 days in the current climate.
Do you have questions about home loans? Are you ready to apply for a mortgage to buy a home? If so, Sammamish Mortgage can help. We are a local mortgage company from Bellevue, Washington serving the entire state, as well as Oregon, Idaho, and Colorado. We’ve been offering many mortgage programs to buyers all over the Pacific Northwest since 1992. Contact us today with any questions you have about mortgages.
Whether you’re buying a home or ready to refinance, our professionals can help.
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No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.