It Can Be Particularly Challenging For Relocating Home Buyers To Buy Right Now


It Can Be Particularly Challenging For Relocating Home Buyers To Buy Right Now
By Scott Rogers • June 22, 2022
There have been three instances in the past week where I really wish the fictional private jet shown above existed... ;-) It is particularly challenging for a relocating home buyers to buy houses in Harrisonburg and Rockingham County right now. If you plan to move to the Harrisonburg area at the end of the summer, and you live four hours (or more) away from Harrisonburg, when a new listing of potential interest hits the market, you're often caught in a dilemma. I can "show" you the house virtually via FaceTime, but then, do you... [1] Make an offer without having seen the house yourself, in order to have a chance at having an offer submitted in time for it to be considered. [2] Hop in the car or book a plane ticket to get to Harrisonburg to see the house yourself, the following day, to make a decision about submitting an offer after having seen the house in person. Neither option seems great to relocating home buyers. Many buyers just simply aren't comfortable with buying a house without having seen it themselves, in person, and having walked through it. Understandably. Some buyers are reluctant to hop in the car for an eight (+) hour adventure, or a two day excursion by plane, to see a house in person... perhaps to then either not like it as much as they thought... or to love it even more but then submit an offer that is not accepted. So, what is a relocating home buyer to do? Our company does not currently have plans to purchase a private jet to fly buyers in to see homes... but I'll let you know if we start exploring that possibility. Private jets aside, the options seem to be... [1] Get comfortable with submitting an offer to buy a house without having seen it yourself in person. You might not feel better or worse about this depending on the property, its condition, and how well it fits your needs. [2] Commit to making the trek (by car or plane) to Harrisonburg to see new listings of interest, even though sometimes the trip will not yield a contract on a house. [3] Plan to rent an apartment or townhouse for six months upon arriving in Harrisonburg to then be able to explore houses for sale, in person, quickly, as they hit the market. If the pace of the market were to ever slow down, the dynamic described above could change... but right now that doesn't seem to be happening. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
Comments (0) or Subscribe