Sell your home with Epic Realty
Want to know what your home is worth in today’s market?
Request your no obligation home value report.
Are you ready to buy a homes?
- Have you had a steady source of income for 2-3 years and is it a reliable source?
- Do you have any outstanding debts such as credit card or car payments?
- Do you have money for a down payment?
- A good record of paying your bills?
- The means to pay a monthly mortgage?
Determine your needs
Make a note of why you are looking for a new home. Is your family growing, would you like to build equity, are you moving to a new town? Create a mental picture of what you would like your future house to look like. Make a list of must have items and another list of items you would like to have. It’s extremely important to know exactly what you need in your new home. Give yourself a time frame for buying a home. This will keep you on track and give you a guideline to follow. Your agent will be able to assist you once they know exactly what you want and will help to fulfill you needs.
Know your rights:
- Fair Housing: Equal Opportunity for All – brochure
- Real Estate Settlement Procedures Act (RESPA)
- Borrower’s Rights
- Predatory Lending
Shop for a Loan and Become pre-approved
Save money by doing your homework. Talk to several lenders, compare costs and interest rates, negotiate to get a better deal. Consider getting pre-approved for a loan.
Once you choose a lender, they will perform an extensive check on your current financial status. They will determine the loan amount you will be eligible for. Doing this will help the seller know you are capable of buying a home and that no problems will arise.
Make an Offer
Discuss the process with your real estate agent. If the seller counters your offer, you may need to negotiate until you both agree to the terms of the sale.
Get a Home Inspection
Make your offer contingent on a home inspection. An inspection will tell you about the condition of the home, and can help you avoid buying a home that needs major repairs.
Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon
You might remember the housing crash in 2008, even if you didn’t own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there’s good news – the housing market now is different from 2008. One important reason is there aren’t enough homes for sale . That means there’s an undersupply, not an oversupply like …
The Return of Normal Seasonality for Home Price Appreciation
If you’re thinking of making a move , one of the biggest questions you have right now is probably: what’s happening with home prices ? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend. In the housing market , there are …
Beginning with Pre-Approval
If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices . At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, there are ways to navigate these waters. The …
How Remote Work Helps with Your House Hunt [INFOGRAPHIC]
Some Highlights While remote work peaked during the pandemic, many people still work from home today. If you’re one of them , it could have an unexpected benefit when you’re looking to buy a home. If you can work from home, you might have more choices for where to live. Connect with a real estate agent to talk about your options and what’s most …
The Many Non-Financial Benefits of Homeownership
Buying and owning your own home can have a big impact on your life. While there are financial reasons to become a homeowner, it’s essential to think about the non-financial benefits that make a home more than just a place to live. Here are some of the top non-financial reasons to buy a home. According to Fannie Mae , 94% of survey respondents say …
Remote Work Is Changing How Some Buyers Search for Their Dream Homes
The way Americans work has changed in recent years, and remote work is at the forefront of this shift. Experts say it’ll continue to be popular for years to come and project that 36.2 million Americans will be working remotely by 2025. To give you some perspective, that’s a 417% increase compared to the pre-pandemic years when there were just 7 million remote workers. …
Why Is Housing Inventory So Low?
One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options , that’s probably not the best strategy. Here’s why. There aren’t enough homes available for sale, but that shortage isn’t just a today …
Should Baby Boomers Buy or Rent After Selling Their Houses?
Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house , you have a lot to consider. Will you move to a different state or stay nearby? Is it time to downsize or do you want more space to accommodate your loved ones? But maybe the …
What Experts Project for Home Prices Over the Next 5 Years
If you’re planning to buy a home , one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better than expected and are rising across the country. And data shows, experts forecast home prices will …