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6 Ways Tech Has Change The Home Buying Process

December, 14th
Settled Team
Conveyancing Tips

Welcome to the digital age of home buying, where technology is not just an option, but a powerful ally in your journey to find the perfect home. 

The way we search, view, and purchase homes has been transformed by innovative tools and platforms, making the process more accessible, efficient, and even enjoyable. 

In this article, we’ll explore how technology is reshaping the home-buying experience and how you can harness these tools to make your home-buying journey easier. 

1. House Hunting from Your Couch

Gone are the days of physically visiting every potential home. With a myriad of apps and websites at our disposal, finding a new home is now as easy as scrolling through your phone.

These platforms offer comprehensive listings, complete with virtual tours and high-resolution photos. Imagine sitting on your couch, sipping a cuppa, and browsing through homes. Easy! 

You can filter searches by location, price, and features, making it simple to find exactly what you’re looking for. And if you’ve got questions? Many sites offer direct chats with agents.

2. Speeding Up Mortgages

Getting a mortgage can be a real headache and slow down buying a house. Now, we have digital mortgage brokers. 

They’re basically smart, online assistants that help you find a mortgage fast, anytime and anywhere, even on your phone. These tools scan through loads of mortgage options quickly, just like how you compare prices online. 

They use AI to match what you need, saving you time and often costing less than a traditional mortgage broker.

3. Virtual Reality: Try Before You Buy

Virtual reality is transforming how we view homes. Picture this: you pop on a VR headset and suddenly, you’re walking through a potential new home. You can wander through each room, get a feel for the space, and even see how sunlight floods the kitchen. It’s like being there without the travel hassle.

This tech is especially handy if you’re moving far away or if your schedule is packed. VR provides a realistic glimpse into a property, offering a deeper understanding of its layout and ambience. It’s a convenient, time-saving tool that brings properties to life, right from wherever you are.

4. Safe and Speedy Transactions

With blockchain and other smart technologies, buying a home is now more secure and efficient. These systems streamline the transaction process, reducing the risk of errors and fraud. 

Documents are digital, so there’s no risk of losing important paperwork. Plus, everything happens faster – good news if you’re eager to get moving.

5. Laser Scanning for Accurate Floor Plans

Selling property has also gotten a tech upgrade with laser scanning. This cool tool can quickly scan a property to make really detailed floor plans. It’s not only quicker than old methods, but it’s also better for the environment because it cuts down on paper use.

With this tech, you just walk around the property, and the device collects heaps of data fast. This info is used to make 2D or 3D floor plans, giving estate agents and surveyors a really clear picture of the place. It’s great because it’s quick, doesn’t disturb people living there, and is perfect for tricky places like occupied care homes.

6. Social Media: The New Real Estate Agent

Social media platforms are the new frontier in real estate. They’re not just for browsing listings; they offer a wealth of information. 

See what locals say about an area, view current resident reviews, and even peek at community events. Real estate agents also use these platforms to showcase properties, offering a more dynamic and engaging way to view homes.

Let Settled Be Your House-Buying Partner 

Ready to dive into the home buying process but feeling a bit overwhelmed? Don’t worry, Settled is here to help. 

As expert conveyancers, we understand the ins and outs of home buying. We’re your tech-savvy home-buying partners, equipped with the latest tools and insights to make your journey smooth and stress-free.

Let’s navigate this exciting journey together. Connect with Settled today and take the first step towards your dream home.

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Home Buying Process FAQs 

Can I really trust online tools for such a significant purchase?

Absolutely. Online tools are designed to enhance the home buying experience, offering detailed information, virtual experiences, and secure transaction processes. While it’s a significant purchase, these tools are developed to provide accuracy and ease, making them trustworthy and reliable.

How can Settled assist me in the home buying process?

Settled offers expert conveyancing services, guiding you through the legal aspects of buying a home. We use the latest technology to streamline paperwork, communicate effectively, and ensure a smooth transaction. Our team is here to answer your questions and provide support every step of the way.

What should I consider when using virtual reality for property viewings?

Virtual reality is a great tool for getting a feel for a property. However, it’s also important to consider factors like the neighbourhood, local amenities, and practical aspects like commuting times. VR tours are best used as a complement to, rather than a replacement for, other research and viewings.

Is it safe to apply for a mortgage online?

Yes, applying for a mortgage online is safe, especially with reputable providers. These platforms use secure, encrypted systems to protect your personal and financial information. Plus, they offer the convenience of comparing different mortgage options from the comfort of your home.

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