When you’re buying land in Lake City or elsewhere in North Florida, you’ll usually have to put down an earnest money deposit to show the seller you’re a serious buyer – but there are a few cases in which you can lose your earnest money deposit. Here’s what you need to know. When Can You […]
Should You Hire a Surveyor if You’re Buying Land in Lake City?
If you’re buying vacant land in Lake City or a nearby area, including timberland, cattle land or any other type of property, you may want to hire a surveyor to get a new survey. Don’t make any decisions before you talk to your real estate agent, though. Here’s what you need to know about hiring […]
Buying Land? Make Sure the Property is Clear of Liens
When you’re buying land for sale in North Florida, whether it’s a timber tract or cattle land, the first thing you need to do is search for properties that don’t have any liens against them. What is a Lien Against Property? A lien against property is a notice attached to it. That notice is from […]
Can You Get a Tax Lien Removed From Your Land So You Can Sell It?
Having the Internal Revenue Service put a tax lien on your property can be catastrophic – and it can prevent you from selling your property, even if you really need to do so. But fortunately, you may be able to have the tax lien removed by requesting that the IRS withdraw it. You can also […]
3 Mortgage Questions First-Time Buyers Have… Answered
If you’re a first-time buyer in Lake City or a nearby community and you’re taking out a mortgage loan to buy your home, check out the answers to these three common questions. 3 Mortgage Questions First-Time Buyers Have… Answered Three of the most common mortgage-related questions we hear are: Do I really need 20 percent […]
Common Down Payment Myths You Can Ignore
If you’re trying to buy a home for sale in Lake City or a nearby community, here’s what you need to know about down payments. Common Down Payment Myths You Can Ignore #1. You need 20 percent down. FHA, USDA and VA loans – as well as other programs – let you borrow money for […]
3 Surprising Reasons Lenders Can Turn You Down for a Mortgage
When you’re buying a home for sale in Lake City or a nearby community, you’ll most likely have to get a mortgage – the vast majority of people do. However, there are three surprising reasons your lender might turn you down. 3 Surprising Reasons Lenders Can Turn You Down for a Mortgage The last thing […]
3 Home Maintenance Costs That Surprise First-Time Buyers
When you buy a home for sale in Lake City, you know that home ownership costs money – but are you ready for these three home maintenance costs? 3 Home Maintenance Costs That Surprise First-Time Buyers The most common (and often most surprising) home maintenance costs that first-time buyers need to know about include: HVAC […]
Can You Lower Your Closing Costs?
If you’re buying a home for sale in Lake City, you may be able to lower your closing costs pretty significantly – and that means more money in your pocket that goes toward your home. Here’s how you can do it. Related: What are closing costs? Can You Lower Your Closing Costs? Typically, closing costs […]
How to Get the Best Interest Rates on Your Mortgage Loan
When you’re buying a home for sale in Lake City or a nearby community, you’ll most likely have to get a mortgage loan to do it – most people do. Here’s what you need to know about interest rates and how to get the best offers from lenders. How to Get the Best Interest Rates […]
