But what’s different about buying a home this winter?
The Trade-offs of Uncertainty
Many are facing uncertainty with their jobs with more shut downs looming. This has to be your first box to check.
How secure is your job and income? If we have to shut-down, will you be able to still work and pay your mortgage?
If there is any uncertainty at all, buying a home right now might not be right for you. Have an honest conversation with yourself, and your boss, about what happens if your local economy comes to a halt again.
The flip side of uncertainty comes in the form of record low interest rates.
You can get a 30-year fixed mortgage at 2.7% right now. TWO POINT SEVEN PEOPLE. This certainly changes how much house you can afford and in some cities, can offset the bull-market we’ve seen in home prices.
Coming from a home inspector that works with many real estate agents, we are taking cleanliness and safety precautions very serious.
For example, when you tour homes with your agent you’ll most likely see them wiping down everything you touch before and after.
During our home inspections, we wear masks, use hand-sanitizer and require social distancing. Gloves and shoe-booties, if requested.
Part of the reason that real estate has continued to boom during the pandemic is that (outside of open houses) it is largely a socially distanced transaction. In many ways, it is far safer than going to the gym or grocery store!
If you’re an investor looking into the Central Florida market, digital communication has never made it easier. As many investors and snowbirds continue to flock to Florida for the beautiful weather and reasonable prices, seeing a home through FaceTime or Zoom is as safe as it gets!