Leveraging Your Buying Power: Relocating to Oklahoma with Homes by Taber

Whether you’re considering a move to Oklahoma for a change of scenery, lower cost of living, or a fresh start, relocating can be an exciting journey for any homeowner. With our team at Homes by Taber ®, you have the opportunity to leverage your buying power effectively, especially if you’re bringing equity from homes in other states. 

For homeowners considering the shift to Oklahoma, the prospect of leveraging their existing equity from properties in other states can be a game changer. This financial leverage opens doors to a multitude of opportunities, allowing you to maximize your buying power and make a seamless transition into your new Oklahoma home. With our expertise and personalized approach, we’re here to show you how to use the full potential of your equity, ensuring that your relocation journey is not only smooth but also financially advantageous. Let’s explore how you can make the most of your equity to transition to your new Oklahoma home. 

Understanding your buying power

Equity is the cornerstone of homeownership, and it represents the financial stake an owner holds in their property. It’s essentially the difference between the current market value of your home and the outstanding balance on your mortgage. For many homeowners, particularly those who live in states with robust real estate markets like California, Texas, Florida, or Washington, equity can be substantial, thanks to the appreciation of property values over time. When you’re considering the move to Oklahoma, it’s essential to assess how your existing equity might factor into your new home purchase, and the Greater Oklahoma City area presents an enticing destination for those seeking a change of scenery. Let’s take a closer look at the potential equity you could bring to your new Oklahoma home: 

• California: With the median home price in California soaring, homeowners often find themselves with substantial equity. Whether you're selling a property in Los Angeles, San Francisco or San Diego, tapping into this equity can significantly boost your buying power in Oklahoma. (Average equity per homeowner: $634k)
• Texas: Texas has seen steady growth in its real estate market, particularly in cities like Austin, Dallas, and Houston. By selling your Texas home, you can unlock equity that will thoroughly help you purchase your new home in Oklahoma. (Average equity per homeowner: $217k)
• Florida: From Miami to Orlando, Florida offers diverse housing options and attractive property values. If you’re selling a home in Florida, you can use the equity gained to make a substantial down payment or even purchase your new home outright in Oklahoma. (Average equity per homeowner: $324k)
• Washington: The Pacific Northwest, including cities like Seattle and Bellevue, has experienced rapid appreciation in home values. Selling your Washington property can also provide you with significant equity, enabling you to explore various housing opportunities in Oklahoma. (Average equity per homeowner: $449k)

The benefits of paying cash in Oklahoma

Purchasing a new home with cash offers numerous advantages, especially in a competitive market like Oklahoma. While it requires a significant upfront investment, the long-term advantages can make it a worthwhile option. Here’s how leveraging your equity to pay cash can benefit you:

• Competitive edge: Cash offers are often more appealing to sellers, as they eliminate the need for financing and streamline the buying process. With cash in hand, you can stand out among other buyers and secure your new home in Oklahoma. 
• Faster closing process: Traditional mortgage financing can come with delays due to appraisal requirements, underwriting processes, and potential loan approval issues. By bypassing these steps with a cash offer, you can significantly shorten the time it takes to close on a property. This can be especially advantageous in fast-moving markets where properties sell quickly. 
• Savings on interest: By purchasing a home outright, you avoid paying interest on a mortgage loan. This translates to significant long-term savings and allows you to allocate your financial resources toward other priorities or investments. 
• Peace of mind: Owning your home outright provides a sense of security and peace of mind. You don’t have to worry about monthly mortgage payments or the risk of foreclosure, giving you greater financial stability and freedom. 

Exploring Homes by Taber in Oklahoma

With your enhanced buying power, the possibilities for finding your new home in OKC with Homes by Taber are endless, and our extensive selection of new homes caters to a diverse range of preferences and lifestyles, ensuring that there’s something for everyone. 

At Homes by Taber, we take pride in our unwavering commitment to quality construction. Renowned for our meticulous craftsmanship and attention to detail, each home we build is a testament to our dedication to excellence. By utilizing superior materials and innovative designs, we always ensure that we prioritize not only aesthetics, but also comfort, functionality, and sustainability in every aspect of the construction process. 

At Homes by Taber, we offer new homes in highly desirable locations across the Greater Oklahoma City area. Whether you’re drawn to the vibrant energy of urban neighborhoods or the tranquility of suburban communities, we have options that will suit your preferences perfectly. With a focus on creating communities that enhance the quality of life for homeowners, you can rest assured that your new home in OKC will be situated in a setting that complements your lifestyle. 

As soon as you step inside a Homes by Taber home, you’ll discover a world of modern amenities and features designed to elevate your everyday living experience. From state-of-the-art gourmet kitchens to luxurious spa-inspired bathrooms, each detail is carefully curated to enhance both style and functionality. Our spacious outdoor living areas provide the perfect backdrop for entertaining guests or simply unwinding after a long day, making every moment spent at home truly enjoyable. 

Elevate your life in your new home in OKC

Relocating to Oklahoma with our team at Homes by Taber opens up a world of possibilities empowering you to make the most of your buying power while effortlessly transitioning to your new home. Whether you’re coming from California, Texas, Florida, or Washington, tapping into the equity of your current properties can unlock unparalleled opportunities. If you’re ready to take the next step toward your new home in OKC, our team is here to help. Give us a call at (405) 984-1185 or fill out our online form to learn more.