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How do you buy Buy a Home when you live in another state

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January 19 2012 - Canton
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Almost every real estate agent I know has helped a buyer from out of state buy a home. Yours is a simple question, but not enough detail.
Are you moving to a new location, or buying a second home?
Are you familiar with the area where you want to buy a home?
Do you have friends or family living there now?
Are you planning on making a trip to this other state to shop for and purchase your home?
By all means, you will need the help of a buyers broker to help you in your home purchase. So contact a local real estate agent asap to begin sending you the home listings in your price range and in the area you want to live via email or MLS search. 
Buying a home is an important, very personal choice, I would urge you to spend at least a few days in your new location to find the right home for you.
Once you  have chosen your new home, the purchase process is made so much easier through the use of the internet, contracts and documents can be sent via email very easily from your buyers agent, from your lender, and from the title company through closing.  
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March 22 2012
Dear crhodes2015,
Just call a Realtor in the area you want to purchase. A good agent will connect with you via the internet and phone. We also have software that can assit is signing important contracts and documents remotely. If you have good communication you can complete the transaction without even having to travel.
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January 21 2012
Many people do exactly that when they retire. First you have to decide which other state to choose- do you do it based on climate, taxes, living costs, etc.? Different people will have different reasons (and come up with different choices). Many people want to live close to a son or daughter, so the choices are limited. Once you've decided on which state to move to, use the good information provided by the people who already replied to your post. All the best to you!
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January 21 2012
If the situation is possible, I would consider renting for 6 months or more so you can learn the area and schools before buying. A very smart move!
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January 20 2012
You already have receivd some advice, however besides finding your home on line, get a couple agents/brokers on the phone and tell them what you are looking for in a location first.  Then come the type of home and price.

Many lenders in the state you are looking in will also do the loan for you. Cost from state to state are not that different.  When I was a large bank priour to opening my own real estate company I did loans all over the US.

It is just as easy to do a mortgage loan via the internet as buying a home.

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January 19 2012
It's a pretty simple process.  If you are in a different state, I would try to find a good real estate agent in the city you are looking.  He can send you properties that fir your criteria.  Once you find some that you like, I would arrange a house hunting trip to see them and choose one.

Once you find a home, all of the paperwork can be done via mail or courrier. 
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January 19 2012
These days a lot or most things can be done over the internet. With the extensive photos available online you can really get a good feel for the home before you step through the door.  However, nothing replaces having a real estate agent that specializes not only in your area but the type of home you are looking for.  If you are interested in foreclosures make sure your agent have extensive experience with those types of homes.  I would say at least 3-5 years experience minimum.  If you are looking for luxury make sure they have bought and sold in that price range before.  
      
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January 19 2012
Prudential has a great, non-biased, relocation department that sets you up with not only Realtors from Pru, but also others that might be predominate in a specific area.
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January 19 2012
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Unless you already know the area, it is better in my opinion to plan on renting for 6 months to get a feel for locations and values before you buy.  Picking the wrong property will be a very expensive mistake to rectify.  If you do already know the area, you need to schedule a visit(s) to search.
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January 19 2012

Be sure and connect with a local real estate agent who is knowledgeable in the area in which you are wanting to relocate. These days many things are done via e-mail & scanning so once you have given the criteria to the agent they can send you listings in the area that may interest you.  Make sure you have an agent who is going to maximize their services and take care of your needs on your schedule! Sometimes a team is great because there are two agents working for you!

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January 19 2012
Relocation and referrals are a part of a Real Estate Broker's business, or it should be.  What this means is, if you have a Realtor where you live, they can refer you to help in any state or country that you want to look for property.  Some of us make this a focus in our business, that is networking with other professionals outside of our own geographic area.
You need to go through the same qualifying process that you would at home with the remote professional, and the advantage of having your local contact in the loop is that you can use their own experience to confirm aspects of the deal that you have questions about.
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January 19 2012
A local realtor can send listings to you by email based on your criteria.  During your visit the agent can maximize  your time by showing you the best properties and providing market information to help you make a decision.  Home inspections can be performed without the home buyer being present.  You can also get a good mortgage referral from your real estate agent and that can be done from long distance as well.  You don't even have to be at the closing.  You can wire transfer deposits and down payments, and send documents electronically or by overnight service.
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January 19 2012
Hi. The best thing to do is to contact a local realtor that knows the markets in the area you want to live in. Although you can search homes yourself, the realtor can also send you listings to review. The agent can usually give you the names of several lenders for you to interview if you don't already have someone you are using. The laws can differ from state to state so I would definitely use a realtor to assist you. Good luck! 
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January 19 2012
 
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