Choosing a realtor
There are several factors to consider when choosing a realtor to assist you in finding a home. Epic has licenced professionals that offer years of experience in buying and selling real estate, as well as extensive knowledge about the community and market environment. Epic also works closely with real estate developers and knows where the up and coming areas are. Our team will help find you the perfect home that suits your unique and individual needs. The best part is that it does not cost a buyer any money to use a Realtor.
Costs to consider when you are planning on buying a home include: Home Inspection (As a buyer you may choose to have a home inspected prior to purchasing); Appraisal Fees (Some lenders will require an appraisal report that confirms the purchase price reflects the fair market value of the home). Land Survey Fees. Mortgage Insurance (for high-ratio mortgage with less than 20% down). Property Transfer Tax (1% on the 1st $200,000 & 2% on the balance of the purchase price); GST on new-build homes of 5% (depending on the price of the home, new home buyers may qualify for a GST rebate). Lawyer/Notary Fees (lawyer fees as well as the registration of the mortgage and certificate of title & disbursements); Property Tax Adjustments (you may be required to reimburse the Seller for a portion of prepaid property tax or utilities); Moving Fees; Moving Fees; Utility Hook ups (for hydro, gas, cable & phone); New Locks.
Our team of real estate specialists know the ins and outs of buying new. They have worked directly for developers in the past, selling projects such as SOLE, SOPA square, 1151 Sunset Drive and Waterscapes. We can provide insight on the benefits of buying presale or preconstruction and walk you through the process.
Purchasing for investment
The Kelowna real estate market offers some incredible investment opportunities. There is currently a low vacancy rate, which is increasing the demand for long term rental properties. We are familiar with the community and can offer informed recommendations on the best investment opportunities available in the market. We can assist in finding the perfect investment that suites your needs, whether you are looking for a long-term rental or a vacation home that you can rent out during the other 8-10 months of the year.
If you are looking to finance your home, there are a number of great financial institutions that can assist in getting you qualified for a mortgage.
First-time home buyer
Buying you’re first home is very excited but we understand that you may also feel nervous at the same time. We will take the time to explain everything you need to know and ensure that you feel confident and knowledgeable about the decisions you make. You can also take ease in knowing that we will be with you every step of the way from the first meeting to closing. There are also grants and loan options available to first-time home buyers. We can assist in finding out whether you qualify for these incentives and set you up with skilled financial specialists to help get you into your first home.