Houses still need to be sold and bought – but how do we conduct those transactions in a social distancing new world?
As we enter this unprecedented time of unknown, one this is still constant – the real estate market is still hot. It may be weeks or months before our economy shows the relating numbers to real estate and a drop if any. People still need to move.
What can you do as a buyer or seller?
Opt for a realtor who will do everything virtually. A virtual tour for your property which enables the public to see the house thoroughly. The video will reveal every aspect of each room.
As a buyer, you can review these virtual tours and set up a Facebook live tour where you can ask questions of the realtor and direct the tour.
We can insert clauses in our offers to protect both buyer and seller and every brokerage is paving the way of this new world upon us.
Lenders are overwhelmed with calls for refinancing as some homeowners may be needing to refinance their property and want to stay ahead of the game.
Deals are still being managed but some lenders are running on skeleton crews and are having a hard time keeping up with the demand.
Please, be patient and put aside some time, which we all seem to have right now, to make a list and make calls to your credit card providers, utilities, loan providers for cars or rec properties or rec vehicles, insurance companies, etc.
Make contact with any one of your service providers and see what they are doing to help you if you are one of the employers hit immediately with a shutdown.
The best thing to do is to contact your bank or lending institution through one of these numbers and see what your first steps are.
I am conducting all deals virtually and can help you navigate this new time.
Please don’t hesitate to Contact Me