If you’re buying a home for sale in Lake City or any of the nearby communities, you know that if you’re getting a mortgage loan (like most people do), you’ll need to brush up your credit score in order to get the best possible interest rates and terms. So where do you start? How to […]
What’s a Standard Down Payment When You Buy a Home?
If you’re like most people who are buying a home for sale in Lake City or a nearby community, you know that you’ll need to come up with a down payment. But just how much cash do you need to buy a home? Is it really 20 percent of the home’s listing price? What’s a […]
3 Things You Need to Know Before You Apply for a Mortgage
Whether you’re a first-time buyer or you’re purchasing your 100th home (wow, right?!), here are three things you need to know before you apply for a mortgage loan. 3 Things You Need to Know Before You Apply for a Mortgage Before you start exploring lenders, you need to know: What makes a good credit score […]
Should You Get a Mortgage Online or In Person?
There are dozens of lenders waiting to talk to you right now – some of them are online and some of them are sitting in the bank waiting for the phone to ring. So if you’re buying a home for sale in Lake City, what’s right for you? Should you dive into the online world […]
How to Find the Right Lender
When you’re buying a home or property for sale in Lake City and you need to take out a mortgage loan to do it, here’s what you need to ask yourself to zero in on the right lender. How to Find the Right Lender You definitely want a mortgage loan with the lowest possible interest […]
Should You Buy a Home With a Guest House?
If you’re thinking about buying a home that comes with a guest house, it might sound like a great idea – but it’s not for everyone. Just know that a guest house can be a wonderful investment as long as you know the pros and cons up-front. Should You Buy a Home With a Guest […]
How to Calculate Your Debt-to-Income Ratio
When you buy a home with a mortgage loan, lenders want to see that you have a debt-to-income ratio of 36 percent or less. There are some exceptions, but this is the “gold standard.” That means you spend 36 percent or less of your monthly cash on debts and obligations. The lower your debt-to-income ratio […]
3 Things First-Time Buyers Need to Know
House-hunting is a big deal – so here’s what you need to know if it’s your first time diving into the real estate market in Lake City. 3 Things First-Time Buyers Need to Know First things first: Working with a Lake City Realtor(R) can help you tremendously. Your agent will walk you through every step […]
Title Insurance Basics You Need to Know if You’re Buying a Property
If you’re buying a property in Lake City, whether it’s a home or a piece of land, you’re probably going to need title insurance. But what is title insurance, how much does it cost, and why do you need it? Title Insurance Basics You Need to Know if You’re Buying a Property Title insurance is […]
Contingencies You Can’t Afford to Waive When You Buy a Home
When you buy a home for sale in Lake City or another North Florida community, your real estate agent will build contingencies into your contract. Some of them you just can’t afford to waive. Related: Contingencies: What You Need to Know Contingencies You Can’t Afford to Waive When You Buy a Home Financing Appraisal Home […]
