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SHOULD I DELAY SELLING MY HOME UNTIL AFTER THE COVID-19 PANDEMIC?

As the COVID-19 pandemic persists, people all over the world are left with hundreds of questions having to do with what is going to happen next and what the best choices are when it comes to completing daily life tasks. The COVID-19 pandemic is forcing people to stay at home, and fear going to places even mundane as the supermarket. Similarly, people have had to put their lives on hold because of this global pandemic.

People all over the world have to pause projects, both in the office and at home. However, one issue that people are wondering if they should pause or not is selling their home. People are wondering if they should delay selling their home until the COVID-19 pandemic has subsided; many people are unsure of what the right answer is. This post will offer some insight to homeowners that want to sell their homes now

SELLING A HOME DURING THE GLOBAL PANDEMIC

If you are a homeowner that was planning on selling your home prior to the COVID-19 pandemic, you are probably thinking about what the right move is, should you continue to try to sell or should you wait? Home appraisers in Philadelphia pointed out that this choice is ultimately up to the homeowner and there is no right or wrong choice, it mostly depends on whether or not the homeowner feels comfortable showing their home to people and if his or her finances have been impacted by the virus

Here is what you need to know about selling a home during the COVID-19 pandemic:

SELLING A HOME SAFELY

If you are a homeowner that already had your home on the market prior to the COVID-19 pandemic, it is probably worth your while to keep it on the market. Or, if you are a homeowner and you have been lucky enough to not be financially impacted by the global pandemic, selling your home can still be an option for you.

People are still looking to buy homes during the COVID-19 pandemic; though there are fewer people looking now, there are still some people that need/want to relocate. In fact, there may even be people that are looking to relocate because of the pandemic, perhaps looking for a less populated area. Realtors are also predicting that there may even be a boom in the housing market in the next few months, so if you too are looking for a new home, it will be best that you continue to try to sell your home while you can still make good money off of it

If you are planning on selling your home during the COVID-19 pandemic, it’s important that you take the necessary precautions to do so. Some things to consider as you sell your home during the pandemic include:

1. Virtual showings are a great option

Instead of having people walk through your home, talk to your realtor about giving virtual tours so you can still practice social distancing as you sell your house.

2. Inspections and appraisals don’t have to be close contact

Inspectors and home appraisers may still have to come in a home but they will be wearing gloves, masks, and any other protective gear necessary. Likewise, they will stay 6 feet away from you and will only go to parts of the home that definitely need to be looked at. Additionally, inspectors and home appraisers can give you the results of your inspections over the phone.

Some inspectors and appraisers are offering digital inspections, allowing homeowners to either video chat with them or to send them pictures, avoiding contact altogether.

3. Virtual Closings

Virtual closings are increasing in popularity during these trying times. Depending on the state, realtors are allowing buyers to close remotely so that nobody has to be in close proximity to each other. This option is beneficial for you as a seller and a buyer.

TAKE THE RIGHT STEPS TO SELL YOUR HOME IN THE GLOBAL PANDEMIC

It’s important that you take the right steps to sell your home, whether you do it during the pandemic or not. If you are a homeowner that is selling his or her home now, look into the best ways to do so and take the necessary precautions to keep you and your family safe and healthy.

Disclaimer: This is a guest contribution from Jennifer Bell who is a freelance writer, blogger, dog-enthusiast and avid beachgoer operating out of Southern New Jersey

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