Is now the time to buy a house?

The trees are in bloom, the grass is greener than green and we’re at the height of home buying season -- traditionally, that is. But with the coronavirus pandemic the home buying landscape has changed. You may have to navigate through the process a little differently, but you can still start the search.

Here are some things to consider:

  1. Are you emotionally and financially ready for one of the biggest purchases of your life? This is a big step, and if you’re worried about your job or are uneasy about the current environment, you may just want to step back and reevaluate. It’s not forever. However, even if your situation has changed recently, we can help you determine what options you have available.
  2. Know your credit score. Maybe it’s been affected by the loss of income. It’s an important component when it comes to this kind of a purchase. Our advisors understand all the ins and outs and can give you expert advice and help you determine if now’s a good time to be looking.
  3. Get preapproved so you know exactly what you can afford. We’re great at that.
  4. Can you maneuver through a competitive market? With some sellers stepping back right now, multiple offers may be on the table for the home of your dreams. Be prepared for your best offer and then go for it.
  5. Understand that the home buying process may have changed a bit. State and local regulations may require social distancing measures like drive-by or virtual viewings. It’s amazing what technology has allowed us to do!
  6. Once you make the decision, we can help you with the rest because we know the complexities of the process.

We can help.

Buying a home is one of life’s most important decisions. We can help you make it the exciting time it should be – safely, securely and happily – even during turbulent times. Contact one of our mortgage advisors at 1-800-288-3428 or visit our home loan page. You can even apply and share important documents securely with us online.

We can help

Make your renovation plans happen with a home equity loan from Think. Let us know what you need, and we'll help you find the option that best fits you and your family's needs. Visit one of our branches or call 1-800-288-3425 to speak with a banker today.