In real estate – like in most other things – you’re always free to try to negotiate with a seller. But sometimes you’re not in a good bargaining position, while other times, you really are. Here’s what you need to know. Can You Negotiate on a Property’s Price? Many experts say you’re in a strong […]
Making an Offer 101
When you find “the one” – the Lake City home for sale that you really have to have – you’ll make an offer and hope the seller accepts it. But where do you even start? Making an Offer 101 Your Realtor(R) will fill out the right forms for you to make an offer on your […]
What is Escrow?
When you’re buying a home for sale in Lake City, your real estate agent will talk to you about escrow. But what is escrow, and how does it protect you whether you’re the buyer or seller? What is Escrow? In real estate, the term escrow refers to a secure area where important items – like […]
Buyers: How to Negotiate Repairs After an Inspection
When you buy a home, you’re going to hire a home inspector to have a look at it and make sure everything is up to snuff. So what happens if there are issues you want the seller to fix before you sign the dotted line? Buyers: How to Negotiate Repairs After an Inspection First things […]
How to Get Your Credit Report Before You Apply for a Mortgage Loan
If you’re going to apply for a mortgage loan, you’ll need to know what your credit looks like first – that way, you can take steps to clean it up or dive right into the application process. Either way, you have to start somewhere. Here’s how to get your credit report before you apply for […]
What is a Home Remodeling Loan?
If you’re buying a “fixer-upper,” you could qualify for a home remodeling loan. But what is a home remodeling loan, and how do you get one? What is a Home Remodeling Loan? A home remodeling loan – also known as a home improvement loan – is one that allows you to borrow money to buy […]
Thinking About Buying a Fixer-Upper?
If you’re like many people, you kind-of like the idea of buying a fixer-upper and living in it while you make improvements. But that’s not always the best choice. Here’s what you need to know. Thinking About Buying a Fixer-Upper? Before you dive in headfirst, think about these things: Not all flaws can be fixed […]
What is a Short Sale in Real Estate?
Don’t let the name fool you – a short sale in real estate doesn’t have anything to do with time. Instead, it has to do with “shorting” the lender money owed. What is a Short Sale? Somewhere around 5 percent of all homes sold in the U.S. are short sales. Some sellers choose this route […]
How to Make an Offer On Your Dream Home in Lake City
If you’re like most people looking for a home for sale in Lake City or a nearby community, your Realtor® will talk to you about getting preapproval from your lender before you start your house-hunt. Once you have that in hand, you can tour homes that fit within your budget and make an offer once you […]
Do You Really Need Preapproval?
When you’re buying a home for sale in Lake City, your Realtor® will probably advise you to get preapproval from your lender before you even start house-hunting. But do you really need preapproval? Do You Really Need Preapproval? Here’s What You Need to Know A mortgage preapproval letter is a letter from your lender that […]
