Buying farmland isn’t the same as purchasing a suburban home on a lot. There are many more factors to consider, like infrastructure, the connection of utilities, fencing, distance, size, and profitability. But if you’re prepared to ask the right questions you can successfully navigate the process and end up with a property that is just […]
Ready to Buy a Farm: 3 Questions to Ask (Part 1)
Buying farmland isn’t the same as purchasing a suburban home on a lot. There are many more factors to consider, like infrastructure, the connection of utilities, fencing, distance, size, and profitability. But if you’re prepared to ask the right questions you can successfully navigate the process and end up with a property that is just […]
Ready to Buy a Farm? 3 Things to Consider
You’ve always dreamed of owning a farm and now you’re ready to make your move. But how large or small should your property be? Where do you go to qualify for a loan? And what should you look for when identifying a viable piece of land? Consider these three things. The Livestock You Intend to […]
Why Should You Check Your Credit Before You Apply for a Loan?
If you’re thinking about buying some land for sale in North Florida – near Lake City or elsewhere – it’s a good idea to check your credit score before you start applying for mortgages. Here’s why. Why Should You Check Your Credit Before You Apply for a Loan? Lenders base your interest rates and terms […]
When Should You Lock In Your Mortgage Rate?
When you’re taking out a mortgage loan to buy a piece of land in North Florida, your lender will most likely offer you a chance to “lock in” your mortgage rate. But what does that mean – and when should you do it? Here’s what you need to know. When Should You Lock In Your […]
3 Documents You Need to Make Mortgage Application Easier
If you’re thinking about borrowing money from a mortgage lender to buy land for sale in North Florida, there are three documents you should pull together right now to make the whole process easier. 3 Documents You Need to Make Mortgage Application Easier When you borrow money from a lender, it’s all about paperwork. You’ll […]
What Does Dodd-Frank Have to Do With Mortgage Brokers?
If your’e like many people who are thinking about working with a mortgage broker to buy land for sale in North Florida, you know that you’ll pay between 1 and 2 percent of your loan’s total price to the broker – that’s to cover the work he or she does. But there’s a law in […]
How Do Mortgage Brokers Get Paid for Their Services?
If you’re like many people who are buying land for sale in North Florida, you’re thinking about whether you should work with a mortgage broker or go it alone. But no matter which way you decide, here’s what you need to know about how mortgage brokers get paid. Related: Do you need a mortgage broker […]
Do You Need a Mortgage Broker to Buy Land?
If you’re like most people who are buying land for sale in North Florida, you need to take out a mortgage. But should you work with a mortgage broker? Here’s what you need to know. Do You Need a Mortgage Broker to Buy Land? Here’s the bottom line: You can work with whomever you want […]
Should You Buy Mortgage Points?
When you’re buying land for sale in North Florida, you’ll have to make some big decisions – and one of those decisions could be related to whether you should buy mortgage points. Here’s what you need to know. Related: What are mortgage points? Should You Buy Mortgage Points? When it comes to making big decisions […]