These days nearly the entire home buying process can be done online. While not so long ago, real estate portals simply offered property listings to scroll through, these days, they provide a while lot more, with tools, analytics and a range of data to make it much easier for homebuyers.
There’s even a new web platform that can take the offer process completely online. SparkOffer allows both non-represented buyers and realtors to make full binding offers through its convenient dashboard. It provides an entirely web-based homebuying experience requiring virtually no verbal communication between a seller and a buyer.
Of course, you don’t have to do it all online. It’s not often that a buyer purchases a house sight unseen, in most cases, tools should be supplemented with some physical online research. That said, there are plenty of ways to take advantage of the Internet so that you don’t invest time on properties that aren’t going to be right for you, as well as saving time on other aspects of the process. Online house buying, say for example your looking for a retreat among the Tampa vacation homes so you can enjoy holidays at the beach, is even more convenient for those who plan to buy something that’s a significant distance from home. You’ll be able to narrow your search so that when you visit during what will probably be a limited time, you can make the best use of the timeframe you do have.
Here’s what else you can do that makes buying a house online such a convenient timesaver.
Performing Map-Based Searches
You can check out the location of properties on a map to understand their proximity to important amenities in the area, such as schools, employers, grocery stores, bus stops, metro stations, parks and so on. That alone may help you decide whether you want to look into the property further without having to go to the location physically.
You can take a tour of the home without physically being there too. While you probably want to inspect it in person if you’re interested, you can help weed out properties this way too. Many real estate portals provide online virtual tours using the latest software so that you can see the rooms of the house at various angles and check out the views.
Help Determine Your Price Range
Not only can you view houses from a distance and learn more about a city’s neighborhoods online, many realty sites can also help you figure out your price range by calculating your financial details like how much you have saved, your income and the expenses involved in purchasing a home. You can also set up notifications so that if you don’t find what you’re looking for right away, you can be notified as soon as the right house becomes available.
Shop and Apply for a Mortgage Loan
Shopping for and applying for a mortgage loan can be done online too. Of course, you could drive around visiting banks and other lenders, or you could request multiple quotes online from the comfort of your home while sipping your morning coffee. Multiple mortgage quotes can be obtained from various competing lenders without even provide your social security number, simply an estimation of your credit score.
There’s no doubt that technology has been a game-changer in the homebuying process, helping you to save time, money and make the best decision possible.