Buying a new home is a big investment, and while there are programs to help purchase a house, it is a very serious long-term comittment. Where you live can impact your overall quality of life. If you’re an investor, you want to purchase properties that can make you a big return or command a high resale value. Most buyers want to examine a potential property before they agree to purchase it. This article will discuss some of the pros and cons associated with purchasing a home you haven’t viewed.

Pros of Buying Your Tiny Home Sight-Unseen

Convenience

If you live far from the home you’re considering, it may be nearly impossible to visit the property. One pro in regards to buying a home without viewing it, is that you don’t have to spend time and money traveling to another state or country before bidding on the home. The internet makes is possible for you to browse listings remotely. You can find a tiny house that matches your price range and the amenities you seek without having to travel far.

Saving Time

Another pro in regards to purchasing a home you haven’t seen is that you can save time. For instance, if you have a friend or family member who lives near the property, you could trust them to check it out for you. This allows you to carry on your daily work activities without taking time out to visit a property. However, if you are going to send someone else to view the home, be sure it’s someone you can trust. If the person has a job in real estate or knows how to spot structural damage, then that can really benefit you.

Cons of Never Visiting Before Purchasing

Misleading Pictures

Properties listed online often give information about the layout of the home and the rooms included. You can view the layout of a modular tiny home or prefab home. The seller may even give detailed info about the materials used to construct ceilings or countertops. However, one con related to this is that you cannot always get a good idea of what a home looks like without seeing it in person. Pictures can be misleading. Some sellers may only include pictures of the best parts of the home. They may leave out unflattering sights, such as a leaky roof or a deck in need of paint.

Lack of Knowledge of the Neighborhood

While many houses listed online will provide pictures of the home, some fail to include pictures of surrounding properties. If a home you desire is surrounded by an eyesore of a neighborhood, this can bring down the value of your targeted home. Noisy neighbors or a crowded neighborhood can also impact how you feel about your purchase. While you can do a bit of online research about the zip code where a home is located, that research may still not give you an accurate picture of the neighborhood where a particular home is located.

Online Scams

Perhaps the biggest con in relation to buying a home you haven’t seen is online scam artists who take advantage of buyers. If you haven’t actually seen the home and you haven’t sent a representative to view the home, then you have no proof that it actually exists. Some buyers make the mistake of not doing research and failing to verify an address with someone on location. The buyer may believe a modular home has been constructed and is moved to a certain location, but it could turn out to be a scam.

Some buyers even send money for a deposit or down payment without getting enough information from the seller. This results in a loss of money for the buyer. It can also be difficult to track down a scam artist when the buyer has scant info on the scammer.

The Best of Both Worlds with Wolf Industries

So how then do you avoid the pitfalls of purchasing a home sight unseen? Have it delivered! With the rise of accessible information with the internet, not only can you view images and videos of a potential home purchase – you can even navigate 3D models, take virtual tours and design the home yourself, long before construction has even begun. More so, modular designs and prefab tiny home models allow your home to be brought to property you’ve already grown familiar with or neighborhoods you prefer to live in.