With life as we know it changing on a daily (sometimes hourly) basis right now, it might seem like this is not the time to think about purchasing a home. However, with interest rates at an unbelievable all-time low, right now just be the perfect time to buy a home. Not just any home, but one that you have had an eye on for a while in a location you are familiar with.
The uncertainty many people are worried about right now could end up being a very lucrative opportunity for motivated home buyers and real estate investors. Many new home builders are offering virtual tours as well as incredible incentives to encourage potential buyers to shop online.
What should I do and where should I buy?
As Yahoo Finance writes: “This is a great time to buy a home or investment property at a price that you were unlikely to be able to get a couple of weeks ago when the property markets in big capital cities were booming and there were more buyers around than sellers.”