We know that many first time homebuyers were eagerly anticipating the spring market. While your plans may be on hold right now, it doesn’t mean that your dream of homeownership needs to end.
Here are few things you can continue to do now to keep your plans on track.
Talk with a Mortgage Professional
The real estate and mortgage industries are still active, yet guidelines are changes. Speak with a lender to learn what you need to do to get pre-approved, how much you can afford, and your current financial situation.
Real estate professionals are equipped to use technology and work to meet your needs from home. Even if you are not ready to go on a home search right now, you can start speaking with real estate agents and determine who you want to work with when the time comes. Look for the professionals who are providing relevant and timely information now. These are the agents who will continue to research the market and trends all year long.
Research from Home
If you have additional downtime right now, use some of it to complete your own research. Look online to find homes in your targeted market, learn how much they are selling for, research down payment programs, and start reading up o the costs associated with homeownership.
View Listings Online
Virtual tours, photos, and videos of properties are still being put on the MLS every day. You can continue to browse online to determine what you are looking for in your first home.
Even with things on hold, you can still plan for your future. Need assistance?