Скачать или смотреть Buying Real Estate Sight Unseen in 5 Easy Steps

Have you ever bought something without seeing it first?

Of course you have - that’s the definition of online shopping!

Turns out you can do the same with buying real estate! 

And remote real estate purchases are at their highest level ever - in 2020, 63% of home buyers made an offer on a property sight unseen, the highest since 2015 according to research from Redfin.

With real estate, you have a return policy too - that’s what your inspection period is all about.

Here’s how you can confidently buy real estate sight unseen in easy 5 steps:

1. Choose an investor-friendly realtor
2. Get pre approved for a mortgage
3. Get a video tour and detailed property information
4. Offer and negotiate your deal
5. Close the deal

Now that you know the process of HOW to buy a property sight unseen, let’s talk about the pros and cons of investing in real estate this way:

PROS:

Save time money on traveling to each real estate investment market you’re considering
Never miss a deal just because you weren’t there in person
Learn to analyze online - using photos, videos, maps, county information, inspection and title reports, current leases if a property is already rented
Offer, negotiate, and do the entire transaction from WHEREVER you want!
Delegate and utilize your team of experts to help you navigate your real estate investment. You’re still responsible for your decisions, but you can engage the help of others!

CONS:
Photos and videos can sometimes be deceiving, even with the best of intentions
It can be difficult to gauge room sizes and space without physically being there - this is where your trusted realtor comes in to give you a clear picture with measurements and vivid details!
Some sellers are wary of accepting offers from sight-unseen buyers
Waiving contingencies to get your offer accepted is a risky move that should be last resort unless you truly know what you’re doing
It’s more commonplace now than ever to use technology to invest in real estate remotely. Use those tools to your advantage and make sure you have your #1 most important LOCAL teammate in place: your investor-friendly realtor.

CONTACT US FOR MORE INFORMATION:

SARAH WILLIS
Licensed Oregon Realtor®
Realty One Group Discovery📲 503-739-5006📧 [email protected]
👩‍💻 bestlifebend.com


SUZANNE MOORE
Licensed Oregon Realtor®
Realty One Group Discovery📲 541-316-0396📧 [email protected]
👩‍💻 centraloregoninvestornetwork.com