In this competitive real estate market, time is of the essence. If prospective homebuyers are interested in a home, they need to make an offer as soon as possible. And, in some cases, that means buying a home sight unseen – without ever stepping foot in it.
Buying a house without seeing it in person isn’t necessarily a bad thing. Technology makes it possible to tour a home from afar, and a good realtor can help determine whether a house is right for their specific client. Here are five tips from Realtor.com for buying a house without touring it in person.
How to Buy a House Sight Unseen
- Find a good local real estate agent. You want someone in the area in which you’re buying. They should be familiar with the specific neighborhoods you want.
- Take advantage of technology. Look at photos and 3D tours of the home, and arrange a personal tour via FaceTime or a similar technology.
- Ask questions. Don’t hesitate to ask any and all questions. The more you ask, the more you’ll know and the more comfortable you’ll be.
- Get a floor plan. This helps you fully understand the layout of the house. If a floor plan isn’t available, ask the seller to measure room dimensions.
- Get an appraisal and a home inspection. This will identify any issues that you can’t see from a virtual home tour.
The Slow Flip contract for deed program helps families in the Twin Cities metro area of Minneapolis, St. Paul and surrounding suburbs purchase a home using a contract for deed, or CD, when a mortgage is not possible. The Slow Flip contract for deed can be an ideal tool to purchase a home when buyers need time to adjust their income, credit, debts or other financial components so they can eventually qualify for a mortgage.
Are you or your clients interested in learning more about the Slow Flip contract for deed? Contact us at 952-417-0000 today.