Buying a home is one of the largest purchases, if not the largest, you’ll make in your lifetime. And for women over 60, we want to be as careful as possible.
Traditionally, buying a home involved multiple visits and inspections. However, in the past few years since the beginning of the COVID-19 pandemic, buying homes sight-unseen has become more common.
Using advancements in technology and the support of a trustworthy real estate agent, buying a home without seeing it first can be a viable option for those over 60 who may not be able to travel, who see something they want and are afraid of losing it before they get there. It can be for any number of reasons.
To consider this option, you need to look at four important elements first:
- Trusting your real estate agent
- The role of virtual tours, Facetime and video calls
- The importance of detailed inspections
- Weighing the pros and cons
Here’s a closer look at each.
Trusting Your Real Estate Agent
One of the most critical factors in buying a home, with or without seeing it first, is having a trustworthy and experienced real estate agent.
Your REALTOR® can provide valuable insight and information about the property, the neighborhood, medical facilities, pet restrictions, and any potential issues.
They can also act as your eyes and ears on the ground, ensuring that you have all the necessary information to make an informed decision.
A knowledgeable real estate agent will be familiar with the local market and guide you through the entire process, from that first contact to closing. They can help you navigate any challenges that may arise and ensure that all your questions are answered.
If you trust your Realtor and feel confident in their expertise, buying a home sight-unseen can be a successful experience.
The Role of Virtual Tours and Video Calls
Technology has made it easier than ever to view homes from a distance. We can be connected within seconds today.
Facetime, Tango, WhatsApp or Skype are invaluable tools for buyers who cannot visit a property in person.
Many real estate listings now include 3D virtual tours that allow you to explore the home room by room, giving you a comprehensive view of the property, along with floor plans.
During a video tour, your agent will walk you through the home, explain what you are seeing, and point out any specific details. They will answer any questions you may have in real time. Does the community accept your pets? Are there medical facilities nearby? How about services for my pets? Questions that are important to you.
This interactive experience can help you get a better sense of the home’s layout, condition, and overall appeal to you.
The Importance of Inspections
Whenever you buy a home, it’s crucial to have an inspection.
A professional home inspection can identify any potential issues that may not be visible during a virtual tour. Your real estate agent will put you in touch with an inspector who will examine the property and provide a detailed report on its condition.
In addition to a general home inspection, you should also consider inspections for issues like pests, mold or more, depending on where you live. Talk to your agent and your inspector and see what they recommend.
These inspections can provide peace of mind and ensure that you are fully aware of any potential problems before finalizing the purchase.
Weighing the Pros and Cons
Buying a home without seeing it first has both advantages and disadvantages. Here’s a closer look at the pros and cons:
Pros:
- Convenience: You can view and purchase a home without traveling, which is especially beneficial if you are relocating from a different city or state, if you’re not well enough to travel or need to make a quick decision.
- Technology: Virtual tours and video calls provide detailed views of the property, making it easier to assess the home from a distance.
Cons:
- Lack of Physical Presence: You miss out on the experience of physically walking through the home and getting a feel for the space.
- Reliance on Others: You must rely heavily on your real estate agent and inspectors to provide accurate and comprehensive information.
What Should You Consider Before Buying Sight-Unseen?
Consider the reliability of your real estate agent, the availability of virtual tours, and the importance of detailed inspections. Weigh the pros and cons carefully.
How Can a Real Estate Agent Help with Buying Sight-Unseen?
A good real estate agent can provide valuable insight and guide you through the entire process, ensuring you make an informed decision.
Buying a home without seeing it first can be a practical option, especially with the advancements in technology and the support of a knowledgeable real estate agent.
If you have any questions or need assistance, consulting a good experienced real estate agent can provide you with the guidance needed to make the right decision.
Let’s Have a Conversation:
Are you a baby boomer looking to buy a home virtually? Are you planning a move in the near future? Do you have any questions that might help make your home purchase easier? Let’s talk about it!