Coronavirus FAQ’s for Home Buyers
The Masha Halpern Boutique Real Estate Team is grateful for the trust you place in us to achieve your real estate goals. In times like these, when we’re experiencing the Coronavirus pandemic situation, our team has developed effective plans and strategies to best serve you and your needs. Here are some of the things our team does for Home Buyers:
Q- Are people still buying homes?
A- YES! Everyone has their own reasons for moving. Buyers have purchased “virtually seen” properties for a variety of reasons long before this pandemic. Virtual Tours of homes are now the norm and are the perfect alternative to in-person showings.
This current situation presents many unique opportunities such as:
- Mortgage interest rates are low, which has the potential to boost your buying power.
- With the majority of people staying at home, there’s less competition with lower inventory.
- Seller’s may be more negotiable with pricing in order to close a sale.
- With limited inventory levels as demand stays strong after the crisis passes, we may expect growth in home prices. If that’s the case, it may be a great time for some buyers to get ahead of the curve.
Q- How can I find/buy a house during the Coronavirus pandemic?
A- Our team has extensive knowledge & experience working virtually with out of state buyers, which helped us adapt quickly with the new “Stay Home, Stay Healthy” mandate. Here are a few ways we can help you find/buy a home:
- Zoom appointments
- 3-D Home Tours
- Virtual (pre-recorded) Home Tours
- Virtual Open Houses/ Live Open Houses
- We virtually present the offer with you via Zoom or a phone call
- When we do visit the house, I have booties, gloves, hand sanitizer and gloves that we will put on and dispose of as we enter and leave homes.
- Sellers are leaving lights on, interior doors & cabinets open so we do not touch counters/surfaces.
- In many Counties, I will accompany each buyer, one at a time, into the home to present its features. This is helpful if you happen to not have child care.
- Counties are asking that no high-risk people, children, those that have recently traveled, or are not sheltering together in place enter a home. In some communities appointments are limited to a certain number per day, hourly restrictions, only virtual, etc depending on if the home is occupied or not.
Q- How can I inspect or close on a house that I’m interested in?
A- We can help you inspect a home virtually. If you wish to inspect a property personally, we can arrange a private viewing for you by appointment, while practicing safe social distancing, proper sanitizing, and following all protocols that have been mandated for the safety of all involved. No more than two people can be on-site at any one time. Many inspectors are requesting not to attend in person so that they can safely observe their protocols while working for you. They are sending reports post-inspection day to review and making themselves available for questions as well.
Attorneys are holding settlement closings virtually as well. Depending on which County your new home is located, they may have a different protocol for this service.
Call or text Masha & The Boutique Homes Team at 919-414-0337 with any additional questions you may have about selling and buying in Chapel Hill, Durham & beyond.