If you’ve made the decision to buy a home, it is important to have a prequalification or preapproval letter from your lender before you begin the process. Often, home sellers are requiring one of these documents before they’ll even show you their home. In a competitive home buying environment, you’ll find that being prepared will […]
What is Title Insurance?
When you buy a home in Florida, whether it’s in Lake City or elsewhere, you’ll have to purchase title insurance. But what is title insurance, and why do you need it? What is Title Insurance? Title insurance provides you (and your lender) with the protection you need against claims someone else may make to property […]
Should You Pay Cash for a Home?
Most people have to take out a mortgage loan when they purchase a home. However, for others, it makes more sense to pay cash for a house. If you can—that is, if you’re financially able to do it—it may make sense for you, too. If you can pay all cash for a home, you […]
Common Causes of Home Closing Delays
If you’re buying a house in Lake City, you probably already know how long the closing process takes. But what can delay it, making you wait even longer to move into your new home? Common Causes of Home Closing Delays When you’re buying a house in Lake City, or anywhere else, for that matter, there […]
What is an Earnest Money Deposit (And How Much Does it Cost)?
If you’re buying a home, you’ll most likely need to put down an earnest money deposit. But what is it… and how much is it? What is an Earnest Money Deposit? An earnest money deposit is a good faith deposit of money to show the seller that you’re willing to secure the purchase contract. […]
How Long Does it Take to Close on a Home?
If you’re buying a house for the first time, you probably have many questions about how it all works. One of the things you’re probably wondering is how long it takes to close on a home after you’ve made the decision to buy it. How Long Does it Take to Close on a House? In […]
First-Time Homebuyer? Here’s How it All Works
So you’ve made the decision to stop renting and buy a home – that’s great news! But where you start? How the Home-Buying Process Works in Lake City (and Elsewhere) If you’ve never before purchased a home, the whole process may be a bit confusing. Fortunately, you have the best Lake City Realtor® by your […]
Florida Owner Finance: Benefits to Buyers
Buying an owner-financed home in Florida can offer several great benefits, but it’s not right for everyone. You should always talk to your Realtor® about whether a Florida owner finance property or home is the right choice for you before you make a final decision. Fast search: Look at all owner financed land for sale […]
Florida Owner Finance: An Alternative to Traditional Financing
Florida Owner Finance: An Alternative to Traditional Financing As in many other states, Florida allows owner financing. But what is a Florida owner finance, and how does it work? Florida Owner Finance: What is It? Owner financing, which is often called seller financing, is a way for a property owner to sell property without requiring […]
Do You Need a Septic System on Vacant Land for Sale in Florida?
If you’re buying vacant land in Florida, whether you’re using seller financing or traditional financing, you may need to have a septic system installed. That’s not really something you can DIY. Do You Need a Septic System for Vacant Land in Florida? If there isn’t a sewer system available on the vacant land you’re buying, […]