John R. Wood Properties
Barry Dunleavy, John R. Wood PropertiesPhone: (239) 877-6445
Email: [email protected]

Is Remote Home Buying a Good Choice for You?

by Barry Dunleavy 04/04/2021

Image by congerdesign from Pixabay

If you're looking to buy a new home, there's no reason you should be limited by your geographic area. In today's digital world, buying a home in another city, another state or even in another country has never been easier or more convenient. Additionally, when you buy a home remotely, you're not limited by property values in your own area. This may be especially beneficial to home buyers who currently live in high-value areas but who are looking to downsize or to lower their monthly mortgage payments.

By conducting your home search remotely, you can find the most house for the lowest price, regardless of where it's located. We've compiled the top three reasons why you might want to consider conducting your next home search from the comfort of your easy chair.

Moving Closer to Family

Getting out and on your own may have been a dream right out of college, but once you begin having children of your own, and work responsibilities begin piling up, having family living just down the street can be a lifesaver. Moving closer to family may also be more convenient for home buyers whose parents are aging and increasingly in need of help. By conducting your home search remotely, you can view all available homes near loved ones without ever leaving your house. 

Relocating for Your Career

You've worked hard for your career, and the most irresistible promotions often involve relocation. When the time comes, you won't have to trust the company to find you suitable accommodations. With a remote home search and the help of a local real estate agent, you can easily find the home of your dreams regardless of where work sends you. 

Purchasing an Investment Property

Flipping houses requires know-how, experience, and a large serving of luck. And when you find that perfect property that's selling for peanuts, timeliness matters. When it's not possible to fly out and look at a prospective income property, buying remotely is the only other option. Better still, it gets your foot in the door fast -- maybe even before local investors have time to make an offer. 

If you've been thinking of moving out of state, across town, or to the other side of the world, consider doing a remote home search to see what pops up. You'll be surprised at how easy it is to work with an experienced real estate agent over the phone or through email. You may find that housing values in your target area are much more affordable than they are where you're currently living, and that's a win-win for everyone involved, regardless of why you've decided to buy. 

About the Author
Author

Barry Dunleavy

Over 25 Years in the Real Estate Industry. Former Senior Managing Director with responsibility for oversight of real estate businesses in Canada and Latin America including CEO of Canadian-based bank; prior to that Sr. Managing Director Construction Financing to large residential builders throughout the USA. He has a BA and MBA in Finance. Memberships include the Naples Board of Realtors, Graduate Realtors Institute, Institute for Luxury Home Marketing, Florida Realtors, and the National Association of Realtors. Community activities include New Horizons of Southwest Florida volunteer teaching math and reading to at-risk 3rd to 5th graders while being Chair of their 2016-2018 Golf Event and also involved with the Christian Businessmen's Connection. 2014 Awarded the Distinguished Volunteer for Collier County. He was a former Board of Governors of Hazeltine National Golf Club, host of the upcoming 2016 Ryder Cup Championship.