Everything to Know About Buying a House During Coronavirus
Trying to buy a home during the coronavirus pandemic? Learn how to take a virtual home tour and close digitally with a local Redfin Agent.
Trying to buy a home during the coronavirus pandemic? Learn how to take a virtual home tour and close digitally with a local Redfin Agent.
Yes, you can still buy a house safely during the coronavirus pandemic. Depending on local public safety orders, though, your options for visiting homes may be restricted. Redfin offers several virtual options to tour and buy a home. We recommend staying up to date on the latest coronavirus housing market news and talking with a local Redfin agent to learn more about how to safely buy a home in your area.
As always, whether now is a good time to buy a home depends on your individual situation. A good place to start is determining your budget with a tool like our Home Affordability Calculator. You'll also want to review current mortgage rates and how many homes are currently for sale in the area you're interested in buying that also meet your criteria. If you find a home you love and you are financially prepared, now could be a great time to buy a home. You can learn more by talking with a local Redfin Agent about your home buying goals or attending one of our free home buying webinars!
It depends on the specific order. Some shelter-in-place orders allow for limited in-person showings, others only allow agents to visit properties and video chat with clients, and others prohibit showings all together. We recommend reaching out to a local Redfin Agent to learn what home visit options are available in your area.
There are three ways you can tour a home virtually.
If you’re ready to buy a house, you can speak with a Redfin Agent to get started. They can help you navigate this challenging time and will be your advocate throughout the process.
There are a number of states where you can close electronically (eclose) on a home. If your state allows you to buy a home completely online then you can close digitally. If your state does not allow you to digitally close on a home, you can take a hybrid approach by performing most of the transaction electronically and signing a few documents in person with a notary. Learn more about eclosing.