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Relocating? Learn the Secrets to Buying a House Out-of-State without the Risk of Remorse

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Secrets to Relocating without Risk of Remorse

N'Marie Crumbie, Team Lead

N'Marie has spent the last twenty-plus years learning everything there is to know about the real estate industry - from marketing to negotiation. ...

N'Marie has spent the last twenty-plus years learning everything there is to know about the real estate industry - from marketing to negotiation. ...

Aug 6 9 minutes read

Relocating to a New Area

Buying a home in the new destination, coupled with an unfamiliar environment, can cause the relocation process to be a stressful experience if you are not adequately informed or knowledgeable about the destination area.

Without ample time to conduct area tour assessment of homes, schools, cultural and community amenities, etc. to ensure that the overall location will meet your needs, you could ultimately purchase in an area you know nothing about and really don't like.

You should consult with an area expert real estate agent Realtor® to review your destination needs assessment, including your time constraints. The agent should provide objective area information overview and explain local real estate customs and procedures.

Your home search can be enjoyable when you have the guidance of a qualified real estate professional. Time and time again we have helped relocation buyers find their dream home from thousands of miles away. Here are some of the steps we recommend to get started:

Do Your Research Online First

Before you buy a home, you should always do your research. This is especially important when you're buying a home out of state. Getting to know the area, communities, and price ranges can make the process feel less overwhelming when you begin working with an agent. Even though you will have our professional guidance and expertise, starting the buying process with some self-education will make you feel more confident and at ease with your final buying decision. 

Work With a Qualified Agent 

The Realtor and Buyer relationship is an important one. When you're relocating or buying a home out of state you need an agent you can trust and rely on. Since you won't be in the area day-to-day, we will guide you through every step of the buying process. We'll take the time to really understand your specific wants and needs and be intricately involved in ensuring you make the best use of your time viewing the right houses. 

Consider a Relocation Specialist

It's best to work with an agent that's a Certifed Relocation Specialist. As a Certified Relocation Specialist, we've gone through extensive training to make sure your relocation is as smooth and enjoyable as possible. From connecting you with reputable movers, title companies, or local experts in the area, relocation specialists can help you with nearly every aspect of your move in addition to finding and negotiating your home purchase. 

Be Aware of Online Scams

Unfortunately, scammers often take advantage of out of state buyers. When looking at homes online watch out for deals that seem too good to be true. When talking to a seller, make sure the person is who they say they are and the home is real and actually on the market. 

Scammers create listings for houses that are not actually for sale, using stolen images and attractive prices well below market value. This encourages urgency so out of state buyers will immediately make an offer. Once the offer is "accepted", a down payment is requested that's kept by the scammer who disappears and move on to the next victim. It's best to always work with a trusted realtor to avoid these type of situations.

Know That Out of State Buying is Different

Whether you've bought and sold a property before, you should be mindful that the relocation buying process will vary by locale. There's a standard buying process for each state. Certain states do inspections before going into contract, some afterward. Many out of state buyers are required to put a deposit on the home when their offer is accepted. This deposit can range from a few hundred dollars to even 10% or more of the purchase price. We will guide you on what to expect throughout the buying process here in Arizona 🌵☀️

When Necessary, Your Agent Can Be Your Eyes

Ideally, you should plan to make trips to Arizona to explore the communities and view the prospective homes in person. But if you can't, don't worry, there are great options. We bring the homes to you. Our premier service to buyers includes guided custom 360-degree virtual tours empowering buyers to tour homes from the comfort of their home.

With this cutting edge technology, we have sold several homes to families across the country and Canada without the buyers viewing them in person. This can also be a great tool for you to see homes virtually before you plan and make the trip to view the houses in person. 

Be Prepared to Submit an Offer