Buying a home is an exciting and important decision. Let us navigate you through this incredible experience. Epic Team Real Estate & Investments, LLC agents are committed full-time to helping you purchase the perfect home and/or investment. Our agents will assist you in making informative decisions and will look out for your best interest. Additionally, they will keep you updated on current market opportunities and offer extensive knowledge on the local market.
Buying a home can be a bit overwhelming. Therefore, it is essential to choose an expert you can trust who will facilitate the process and enhance your experience. Choosing Epic Team Real Estate & Investments, LLC will make all the difference. Let us help you!
Below you will locate an outline of the steps to purchasing.
Deciding to Buy
Here are a few things to consider:
Define your needs and wants: Make a list of all your preferences such as; number of bedrooms/bathrooms, proximity to school and work, square footage and/or neighborhoods. This will help you narrow your search when you begin searching.
Brush up on types of homeownership: Make sure you know the difference between freehold (it’s all yours), condo (you take care of the inside and pay fees to an association to look after the common areas and maintenance) and co-op (similar to condos but instead of “owning” your unit, you buy shares in the whole building and pay maintenance and repair fees)
Understand the current market conditions: Supply and demand can change in different areas. Therefore, acquiring some knowledge about the market can help you get more for your money.
Choosing an Agent
Finding the right real estate agent is essential. Purchasing a home, condo or investment property can be time consuming and a bit overwhelming. Therefore, it is important to build an effective relationship with your agent based on trust and mutual respect.
Our team will make all the difference. Our agents deliver expertise, professionalism, integrity and commitment. Here’s a few of the many things our agents will do for you:
• Discuss and analyze preferences and budget.• Educate you about current market conditions and trends.
• Find homes that fit your criteria and expectations.
• Research homes, comparables, neighborhoods, schools and more.
• Prepare contracts and addendums.
• Negotiate with the seller on your behalf.
• Assure all required documents are completed and submitted.
• Make sure that all deadlines are met.
• Work to resolve any issues that may arise.
Our agents will work with you every step of the way to assure all deals are closed effectively and time efficiently.
Understanding Financing
Before you begin house shopping you must get qualified to know how much you can afford. Here are a few things to keep in mind:
Your budget: It is important to know how much you can afford when purchasing a home. Calculate all your expenses and figure out how much you could pay on a monthly basis.
Down payment: This is the money that you will pay upfront to purchase a home. Typically you will need anywhere between 3 to 20 percent of the sales price as a down payment aside from closing costs. Your lender will be able to provide the amount needed for closing.
Finding Your Home
Once you’re pre-approved and have chosen the right real estate agent it is time to begin looking! You may have some areas in mind but your agent may suggest other options to expand your search and seek other opportunities. It is essential to keep an open mind when house hunting.
Here are a few things to consider:
Choosing the right area: You must consider many factors when choosing the right area. For example, the proximity from school, work or even the hospital.
House huntingSearching for a home can be a lot of work but with the our team it will also be fun and exciting. When you visit homes, feel free to ask questions and take pictures/videos. It is essential to pay attention to all details and ask your agent about anything you are unsure about. Keep a lookout for water leaks, squeaky floors, lighting and other details.
Making an Offer
At last, you have found your dream home! Our team will assist you in making a knowledgeable and realistic offer. We will research recently sold comparables, prepare all contracts/addendums, explain in full details all contract and negotiate with seller.
Doing Your Homework
Once your offer has been accepted, you will now need to contact a few professionals to get you to the finish line. Our team can recommend some professionals to get the job done.
• Home Inspector• Termite Inspector
• Title Company
Closing the Sale
Closing day is when you officially take ownership of your new home. Take into account that you will have to pay closing costs, which include mortgage application fees, legal fees, insurance, inspections and more. The title company and real estate agent will explain all the costs to you.
The Big Move
The day has finally arrived!
Here are some tips for a stress free move:
• Make a checklist• Label moving boxes
• Shop around for reliable moving companies
• Transfer or cancel cable and utilities to your new home
• Change your mailing address