In the past, prospective home buyers contacted a real estate agent and started the process of visiting homes. Property after property was viewed and evaluated. At some point, the buyers decided on a home.
It might not have been the perfect home, but it felt good enough after doing all that legwork. Today’s age of online mortgage lending and home listings brings the real estate market into the home, however. Home buyers search for the right property right on the computer, and often find it.
Get pre-approved loan first
Buyers aren’t limited to their local bank anymore. If you go online, you’ll find many lenders looking for their next client. For most lenders, there’s no commitment to take the loan after a quote.
Simple information from the buyer is necessary for a rough estimate on maximum property principal and interest rates. One site can even have multiple lenders competing for a buyer’s business.
The lenders propose their best offer in hopes of winning the client. There are no awkward bank meetings or intimidating clerks. Buyers have a good chance at a perfect loan that fits their financial needs.
As technology improves, buyers have a better view of the world than ever before. Specialized laptop, cell phone, and tablet apps and software allow buyers to look at a satellite snapshot of their potential new neighborhood.
Zoom in for a look at street level, from gorgeous park landscaping to unsightly vacant lots. If buyers are looking for a new property in a different neighborhood, a satellite view may give them a better look than a typical drive-by.
Access to statistics on crime and schools
A safe home another goal of buyers. However, it’s sometimes difficult to identify bad neighborhoods with one or two visits alone.
Several online resources offer statistical data regarding both crime levels and school performance. For example, buyers can find out about local sexual predators housed in the area, or last year’s robbery rate.
Alternatively, look up local school scores to find the areas with the brightest students. Schools with dedicated teachers, students, and parents often reflect a close-knit community. All these online resources provide another layer of information for a well-informed choice during house hunting.
Open houses online
Online property listings allow buyers to view dozens of homes in a day, without leaving their computer. As websites have expanded, each listing often shows photos of the living room, kitchen, bedrooms, and outdoor areas.
With more photos, properties have a better chance at a sale. Some listings offer a 360-degree view that gives buyers a look around the entire room. Descriptions of amenities, along with filtering applications, allow buyers to pinpoint the perfect property in a specific area. Once it’s found, buyers can ask their Realtor about visiting the property for a tour of the premises.
The online world has made it much easier for both buyers and sellers to find the perfect match. With the right descriptions and and photos on a reputable website, a beautiful home can really shine.