FAQ

Frequently Asked Questions

Am I Ready to Be a Homeowner?

Consider your finances (stable income, good credit score, emergency savings), lifestyle (willingness to commit, maintain a property), and future plans. We can help assess your readiness!

Is Renting or Buying Better?

It depends! Buying offers long-term investment and potential appreciation, while renting provides flexibility. We can help you analyze your goals.

What Is the Lender's Formula?

Many lenders consider debt-to-income ratio (DTI) to measure affordability. This is your monthly debt payments divided by gross monthly income. Generally, a DTI below 36% is favorable.

What Do I Look for in Homes?

Location, property type, size, features, budget, and future needs are all important. We can guide you based on your priorities.

Do I Need a Home Warranty?

A home warranty offers protection against unexpected repairs on covered appliances and systems. It provides peace of mind, but isn’t mandatory.

What Should I Expect at Closing?

Closing finalizes the home purchase. Expect to review and sign documents, pay closing costs, and officially become a homeowner! We’ll walk you through the process.

What Is Pre-approval?

Pre-approval confirms your borrowing power from a lender. It strengthens your offer and shows sellers you’re a serious buyer.

Am I Ready to Rent?

Consider your finances and lifestyle. Renting offers flexibility, but doesn’t build equity.

What Should We Offer?

Research market value and similar properties. We can help you craft a competitive offer based on market conditions.

Can I Ask You for Advice?

Absolutely! We’re here to answer your questions and guide you throughout your real estate journey.

Let's Find You Together The Place You Deserve

We believe everyone deserves a place they can call home. A space that reflects your dreams, fits your lifestyle, and sparks joy. At Exit Capital Realty, we partner with you to find that perfect place. With personalized service, market expertise, and innovative tools, we’ll guide you through every step of your real estate journey, making your dream home a reality.