Home-Buying FAQ's
Posted by The Cobb Group on
Your Top Questions About Purchasing Property During the Coronavirus Pandemic
The coronavirus pandemic has tossed millions of people's financial plans up in the air, and for many that has included their home buying strategies. But, hold on! There is still light at the end of the tunnel. If you were hoping to purchase a property soon, you no doubt have a lot of questions—about whether it's possible to buy or tour a house now, COVID-19's impact on home prices, and more.
We're already written a guide to home buying in the age of coronavirus to help you navigate this new reality in real estate, but we know there's a lot you still want to know. So here are the answers to your most pressing questions about buying a home right now. Whether…
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It is not a given that every sale will close on the contracted closing date. With this in mind, it is important to have contingency plans to cover any delays that will hinder moving plans for both buyer and seller. The buyer who wants to move in prior to a delayed closing and the seller who accommodates such a request may find themselves in a predicament if things don’t go according to plan. Keep in mind that even if there is a written agreement to allow an early move-in, a legal dispute can still evolve from the unforeseen.