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Could COVID-19 Lower The Price Of Your Home?

COVID-19 has come to make many changes and cause setbacks in many aspects of the business world. Coronavirus is creating a lot of uncertainty because no one knows how long it will last. And although real estate has been affected by the COVID pandemic, trying to sell your home right now isn’t necessarily a bad idea.


You can benefit from selling your home during this time if your concern is selling it fast. Due to the economic downturn, some houses are losing market value depending on their location. This could mean that there’s a good chance for you to get rid of your home sooner rather than later.   

Benefits Of Lowering House Values During Coronavirus  

House sales have not stopped, but they have changed. You can keep your home on the market while social distancing. Thanks to technology, showing your home is still possible: you can always take pictures, create a short video, or even make a 360° picture to keep attracting buyers to your home in a virtual way. Remember to always keep social distancing in mind.


Today, since the Coronavirus outbreak, house values are either steady or lowering. If you are currently interested in selling your home, you could benefit from this time since not many people are competing to sell theirs. You can have a better chance to negotiate for a fair price, regarding the current situation and your needs.


If you need to sell your home fast, this is an excellent moment to do it. Many homebuyers may see this as an opportunity to buy houses for a lower value and do it quickly, because once the Coronavirus crisis passes, prices may go up again.

How Can Bogino Properties Be A Suitable Home-Selling Option

Bogino Properties has helped thousands of clients over many years. We have seen countless house-selling cases, and have been able to handle them all. COVID-19 won’t be the exception. If you are interested in selling your home, we can review your case. If it meets our buying criteria, we can send you a fair, no-obligation offer.


You can contact us through our website, fill out a form, and send us pictures of your home or other visual material to review its current status. We will keep you posted every step of the way until we set a closing date.



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