When buying an out of state property do you...?

Question

Hello everyone!

When purchasing a property out of state what has been your philosophy?

Have you been okay having your agent, property manager, etc handle everything for you? Do you do all your research online?

Do you feel it’s important to visit and see the property, area, etc with your own eyes?

I know there is no perfect way, but excited to hear your experiences.

Russell Payne · Answer

@Catherine Emert

Hey! Thank you for all that. It is great to know and a lot of helpful information.

Catherine Emert · Answer

We represent a lot of out of state investors. We do a few things to help with the process - we ask permission from the seller to do a 3D Matterport scan of the property, we do a video tour, take as many photos as possible, we do a zoom/FaceTime with the client so that they can see it as live as possible. We have a lot of contacts with most of the counties that we service and help get as much information about the property as possible. We have created a waiver of sorts for anyone that purchases sight unseen for our protection though because we have had clients unhappy when they arrive after closing.

When buying an out of state property do you...?

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