Ignite FB Tracking PixelHow To Buy A House Out Of State - Vivienne Sinkow

How To Buy A House Out Of State

by Vivienne Sinkow 09/28/2018

If you live in one state, but are trying to buy a home in another state, you’ll face some obvious challenges. There’s certain steps that you can take to help you get through the home buying process in another state. Whether you’re buying a vacation home, or are in a complete transition, you’ll need to follow a few steps to make life easier for you. 


Know How Much Time You Have


First, you’ll need to ask yourself when you’re planning to move. If you have flexibility and are planning a trip to the new state before you need to move, that paints a much different picture than a more rushed move. Consider:


  • The time it will take to sell your current home
  • When the closing will be on the new home


Keep that timeline in mind.


You’ll definitely want to hire a realtor to handle everything for you on both ends when you’re in this situation. A Realtor’s knowledge and experience is definitely worth it to help you.


Get Your Finances In Order


You’ll need to apply for a loan on the home you’re buying in the new state. You should start by getting pre-approved for a mortgage in that state. You don’t want all of your important paperwork to be buried in the midst of packing and moving. Also, you’ll need to have that loan secured before you even head to the new state to close on the home. Everything should be in order. This situation may be more challenging for you than a typical home purchase. Since big purchases affect your credit score, you’ll need to hold off on buying a car, furniture, or any major appliances that you may need. 


Get As Much Information As You Can


As a buyer who is from out of state, you’ll need to do your homework. Maybe you have visited the state many times before. Perhaps you know nothing about it. The more you know ahead of time, the easier that your transition will be. You’ll need to find recommendations about which neighborhood to search in. You’ll also want to learn a bit more about the lifestyle the area provides for activities like dining, entertainment, and recreation. You can learn a lot in the internet, but talking to locals- even a local realtor- can help you to find the right spot to live in. 


Find The Right Realtors


You’ll need to find the right realtors in both your home state and the state that you’re moving to. The seller’s agent will assist you in getting your old home sold. From marketing the listing to home showings to sending you all of the paperwork that you’ll need to sign, a seller’s agent is very valuable to someone who needs to move out of one state and into another. 


The buyer’s agent can help you in your new state, communicating with you on new listings and advising you on the neighborhoods that you’ll be the most happy in. Hiring these two realtors may be one of the most important steps in your feat of moving across two different states.


With the resources that are available online, moving from state-to-state isn't as hard as it may seem. Do your research for a smooth transition. Happy moving!

About the Author

Author
Vivienne Sinkow
Vivienne is a 28yr Naples resident having lived and opened retail businesses in Monte Carlo, Atlantic City, and Naples. She has been a realtor since 2001 and has garnered many referrals from her clients. A passionate realtor concerned only with finding you the very best home for your needs and budget she will be with you every step of the way. She is extremely knowledgeable about SW Florida watching it grow from 1989 and familiarising herself with each community from inception. Her longevity in the business has introduced her to many other related professionals who will advise you on loans, insurance and contractors. Vivienne has also assisted many buyers with renovations and has experience in new construction having spent 1 yr on site selling luxury high rise condominiums. You need a realtor who listens, understands your lifestyle and can pinpoint communities of interest to you at lightening speed without wasting your valuable time. Her past clients know when she lists your property she will endeavour to sell at the best value taking into consideration your home's upgrades and comparing it to the general market value not just the last sold price in your community. Its why she has so many repeat and referred clients, trust and integrity count.