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 […]
What Do You Need to Do to Qualify for a Mortgage?
When you’re buying a house for sale in Northern Florida, there are things you need to do to qualify for a mortgage – but wht are they, and how can you get all your ducks in a row before you apply? What Do You Need to Do to Qualify for a Mortgage? In order to […]
What is Down Payment Assistance?
If you’re buying a house for sale in Northern Florida, you may want to look into down payment assistance programs – they can help you get the cash you need to put down on your dream house. What is Down Payment Assistance? There are more than 2,200 down payment assistance programs in action all over […]
3 Common Reasons Banks Reject Mortgage Loan Applications
When you’re buying a farm or house for sale in Northern Florida, you may need a mortgage – most people do. But your odds of getting approved depend on a lot of factors, and there are some pretty common reasons that mortgage loans get rejected. 3 Common Reasons Banks Reject Mortgage Loan Applications These are […]
What You Need to Know About 20% Down Payments
If you’re buying a farm or house for sale in Northern Florida, you may not need to come up with a 20% down payment. You might want to, anyway, but it’s not absolutely necessary. What You Need to Know About 20% Down Payments There are several mortgage loans that don’t require you to put down […]
3 Things NOT to Do if You’re Going to Apply for a Mortgage
If you’re buying a farm or house for sale in Northern Florida, check out these three things not to do before you apply for a mortgage. 3 Things NOT to Do if You’re Going to Apply for a Mortgage Applying for a mortgage is a big deal, and these are three big mistakes a lot […]