Long-distance moves can be a challenge. It’s even more challenging when you’re trying to buy a home that’s far away. While moving out of state can be a hassle, there are ways to make the process simpler. Here are the basic steps to buying a house in another state:
If you have time and means, it’s ideal to visit your new city in person. Exploring neighborhoods and going on a few home tours will help you determine what’s available. The more you can experience in person, the better.
Get a pre-approval letter from a lender first. Not only can a pre-approval give you a clear idea of how much house you can afford, it will show potential home sellers that you’re serious about your offer. Factor your budget into your financing as well, since it’s common to be approved for more than you need to pay for.
Hire a local real estate agent who can give you information remotely. Find somebody who’s tech savvy and can give video tours of homes and communicate flawlessly even across time zones. Consider shopping around for an agent, too—interviewing multiple candidates and getting personal recommendations is a great way to find the best agent.
Every state and city has its own real estate laws. There are specific rules related to zoning, inspections, property lines, deeds, disclosures and more to be aware of. Because these laws can affect your purchase process, it’s a good idea to talk to a local real estate attorney to make sure you know what to expect.
Buying a home is a complicated process and adding extra distance can make it more so. However, as long as you take these steps prior to making your purchase, you’ll have a much smoother buying experience.
Selina Zhao is a tech savvy real estate agent who brings over the top-notch marketing strategies, presentation, and negotiation skills to her clients. Selina always stays on top of the real estate market trends and stats. She applies strategies into different market situation and empower her clients to achieve their ultimate goal. During the first year of her real estate career in the Bay Area, she achieved an impressive $22.8M in sales. Selina’s experience on real estate sales ensure her clients get the care and attention they need as they make the crucial decision of buying and selling properties. Selina is vowed to provide excellent service, communication, and always an advocate for her clients.
Selina loves real estate, her career blended in perfectly to her daily life, and she loves to help others to achieve their American dreams. She works restlessly to get the work done. Immigrated from mainland China in 2007, graduated from University of Miami, Selina established her own online marketing company and her real estate career in Miami, Florida before moving to San Francisco in 2017. Her soul of entrepreneurship and cares for others encouraging her to pursue to be the best in the industry. Selina is also a former Miami HEAT video producer, who witness the team winning their 2012 NBA championship at the courtside.