No one knows for sure what the impact will be. What we do know is how real estate business will be conducted in the coming weeks. The governor of California has ordered Californians to "shelter in place," and, as of this writing, for an indefinite time period. Only essential businesses are allowed to remain open: pharmacies, grocery stores, restaurants with take-out only, and stores that offer goods to maintain a home.
In the last couple of days, I have been receiving a flurry of emails from businesses in response to California's order to shelter in place. Retail shops at malls are closing temporarily. Escrow offices continue to conduct business but are not open to the public. Because real estate is considered a non-essential business, my real estate office is temporarily closed until further notice. Having said that, I am still able to conduct real estate business from my home office. As long as there are lights and internet, I'm good to go!
If real estate is a non-essential business, can I still buy a home?
Yes, you can! However, here are some things to consider when buying a home during California's shelter in place.
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