The COVID-19 pandemic has upended life as we knew it, but that doesn’t mean you need to put your housing plans on hold. Moving into a new house may look a little different these days, but it’s entirely possible to move forward with your real estate goals while also doing your part to keep your community safe and healthy. Scroll down to learn how PrimeLending of Denver is protecting clients during this unpredictable time. We’ve also included some helpful tips for house hunting and tips for moving during the COVID-19 pandemic.
Tips for House Hunting During COVID-19
Consult your mortgage lender.
First, if you’re concerned about the prospect of moving during a pandemic, reach out to your mortgage lender for advice and reassurance. Our loan experts at PrimeLending of Denver are working hard and getting creative to protect customers during the pandemic.
For example, we’re taking the closing process almost completely online to allow clients to socially distance while closing on a new home. We use Loanplicity, our award-winning app, to simplify the mortgage process. It can capture all the information needed for prequalification, make loan recommendations, and deliver estimates. Our team will review your loan application and stay in contact throughout the process, and you can track your loan’s progress at every step of the way. And when it comes time to close, you can review and eSign most of the required documents digitally using eClose, which will dramatically speed up closing day.
Take advantage of video tours.
Many sellers are now offering video tours to prospective homebuyers so that dozens of people aren’t traipsing through the home during an open house. If you’re interested in a home, reach out and see if they’re offering a virtual tour or a tour via video chat (FaceTime, Zoom, Skype, etc.). You can view the property and ask questions from the comfort of your own home. This is a great way to whittle down your choices while social distancing (source).
Take precautions when visiting homes.
If you’re interested in touring a home in person, take precautions before strolling inside. Wear a face mask, and remain at least six feet away from other people. Avoid touching items and surfaces in the home, and consider bringing along gloves and/or hand sanitizer to keep your hands germ-free (source). Above all, be kind, courteous, and respect the wishes of the real estate agent and home seller.
Moving Tips During COVID-19
DIY on moving day.
If possible, it’s best to handle the packing and heavy lifting on your own to limit your exposure to other people (source). Avoid asking friends and family to help you move unless they live in your household. If you do need to rent a moving van, do your research first. Look for a company that offers contactless pick-up and drop-off procedures to reduce germ exposure. And before you jump behind the wheel of a moving van, fully sanitize it. If you must hire a moving company, research the company’s health and safety procedures to ensure they’re taking the proper precautions. You may also wish to read current reviews, to learn if their customers believe they’re doing their best to limit germ exposure.
Take precautions to protect your family and community.
Whether you decide to DIY your move or hire movers, there are several tips for moving that you should follow to reduce your risk of catching or spreading SARS-CoV-2:
- Wear a face mask and gloves.
- Keep soap, paper towels, and hand sanitizer handy.
- Disinfect frequently touched surfaces, like doorknobs and countertops.
- If you live in an apartment complex, notify your neighbors that you (and/or your moving company) will be in and out of the building frequently on the appointed day.
Struggling to Make Your Mortgage Payments?
Finally, it’s important to acknowledge that many homeowners are experiencing financial and emotional challenges due to COVID-19. If you’re going through a financial hardship and seeking relief, you may wish to consider forbearance, which allows you to temporarily suspend your mortgage payments for up to 12 months. Before you miss a payment, contact your mortgage provider to discuss forbearance. Payment plans are flexible, allowing you and your lender to agree on terms that fit your specific situation. To learn more, contact your lender today.
With today’s historically low interest rates, now is a great time to buy a house. The process of buying a home and moving may look a little different than usual during the COVID-19 pandemic, but with a few precautions and the help of your lending company, you can move forward with confidence.
Looking to buy or refinance property? PrimeLending of Denver is ready to assist you, even in the midst of the COVID-19 pandemic. We look beyond the numbers to learn your unique story and offer personalized service, expert guidance, and superior technology to help you reach your housing goals. Contact us today to explore the possibilities.