If you’re looking to buy a recreational property, you might be wondering if you can safely go through the process as the COVID-19 pandemic continues.
Fortunately, the answer is yes! Buying a recreational property is not a “high touch” process, because unlike touring a home, you can tour a rural tract without getting near another person.
With this in mind, here are five things to consider if you’re thinking of buying a recreational property now:
- Use technology to learn about a property before you set foot on it. We can show a property with property photos, drone videos, and mapping, so you can narrow your choices without stepping foot on any of the properties you’re initially considering.
- Meet your sales agent outdoors or via video conference. Many real estate sales offices may have limited hours, have restricted visitors or may have closed for now, so make an appointment outdoors or through a videoconferencing tool like Zoom or Facetime.
- When it’s time for an in-person tour, you can make arrangements to do it by yourself. In areas with cell phone reception, walk the property while talking to your agent, by video-chat if possible. If that isn’t feasible, do a walking tour, take notes and talk to the agent afterwards.
- Don’t be concerned about whether a sale will close, because closings continue to occur. Title companies are increasingly using electronic signatures, and even if trading paperwork is a necessity, it can be done in a way that’s safe for all involved.
- Remember that rural property has tended to be less volatile than the stock market over time. We’re seeing more interest from buyers looking for a different option for investments. Rural land values have tended to stay steady even when the stock market has gone through gyrations.
Soon, summer will be turning into fall, a great time to be outdoors. So if you want a getaway for all of your own for outdoor activities, it’s good to start your property search now. Contact one of the experts in the PotlatchDeltic Preferred Broker Network today!