The COVID-19 pandemic has altered the way several industries conduct their business – real estate included. It has made the entire buying process a little trickier, but that doesn’t mean you should give up. Play your cards right and you can end up saving big on your next home. But before you do, make sure you know the answers to these 5 questions as these could be crucial to your home buying success at this time:
“Is it a good or bad time to buy a home?”
To buy or not to buy mostly depends on your situation and your priorities. If your finances have taken a hit from the economic downturn caused by the COVID-19 pandemic, then it may be best to take a step back for now. But if money won’t be a big issue, then you can proceed – albeit cautiously – with checking out listings for homes for sale in La Quinta, CA. You may even find bargains at rock-bottom prices that you won’t normally find pre-pandemic.
“Do I need a realtor?”
Whether you’re looking for a compact home or any of the resort condos for sale in La Quinta, it’s always best to work with a certified Realtor®. As real estate pros, they know the ins and outs of the market so their advice and recommendations will keep you a step ahead of the competition. They’ll help you find the ideal home and assist you in making an enticing offer. What’s more, they can guide you in laying out your terms in negotiations so that you can get the best deal possible.
“Can I tour the home online?”
More and more sellers are now offering virtual tours of their home especially with the global call for social distancing to prevent disease transmission. These virtual tours can be so immersive that they make you feel like you’re there in person even though you’re touring it from the safety of your own home.
Open houses are currently not allowed in California. So if you’re looking for homes for sale in places like The Hideaway or PGA West in La Quinta, then only consider those that you can tour virtually.
“How can I save money?”
Buying a new home is always a big investment, no matter the situation. But if you plan well, you can end up saving enough money to use for other financial obligations.
Here are a few surefire ways to save money and strike a great deal:
- Raise your credit score
- Shop around for multiple loan quotes
- Buy in the fall or winter
- Make sure not to skip home inspection for possible issues
“Are there any disclosures?”
In some states, including California, sellers are required to disclose vital information regarding the property they’re selling to buyers. This information can help you decide whether to proceed with an offer or not. One standard disclosure is the Transfer Disclosure Statement (TDS), which tells you about any defects like leaking roofs or faulty electrical wiring. If you want to know more about other required disclosures for real estate in La Quinta, CA your realtor would be glad to let you know.
Make a successful home purchase during the pandemic by working with me, Kathleen O’ Keefe Galigher. Among the La Quinta Realtors, none of them know the area as I do. That said, you can bet on getting a new home in no time. Give me a call today at 760.567.7822 or send me a note here.