Buying Houses Online-A Whole New Cost-Effective Way to Invest

The world has become a much smaller place since the internet came into its own. We're using the internet and websites to buy and sell nationally, as well as globally. That holds true for real estate as well as for other products.

While it isn't, perhaps as common to buy a house online, it is happening more and more often. People are relocating a great deal due to the downturn in our economy. Quite often they do not have the wherewithal to visit or view the house or property ahead of time. If money is tight and you have to select between taking a nicer house, and flying across the country to view it in advance, I personally choose the former. I've purchased a home online without seeing it personally several times-- with some great results--and of course some which were not so great. Here is what I have learned from my foray into online home purchases.