When you’re interested in buying a home, whether it’s a large farm in North Florida or you’re looking for non-deed restricted land for sale in Lake City or Live Oak, your home appraiser (the one your lender appoints to the task) will look for comparable sales. But what are comparable sales, and why do they […]
What Are “Fixtures” in Real Estate?
Whether you’re buying a large farm in North Florida or you’re looking for non-deed restricted land for sale in Lake City or Live Oak, you’ll need to know what stays with the property and what goes with the previous owner. The things that stay are called fixtures—and before you sign the dotted line, you need […]
What Are Contingencies in a Real Estate Contract?
Whether you’re buying a large farm near Lake City or a land-home combo in the same area, you’ll have a real estate purchase contract to seal the deal. Within that contract, you’ll most likely have contingencies—but what is a contingency, and why do you need them in your contract? What is a Real Estate Contingency? […]
What is a Real Estate Purchase Contract?
A real estate purchase contract is an essential instrument in your transaction, but what is it? What does it include? What is a Real Estate Purchase Contract? A real estate purchase contract, which is also called a residential purchase agreement, is a binding agreement between two or more parties. The contract allows you to exchange […]
What is a Home Warranty?
If you’re buying a new house, whether it’s a large farm near Lake City or a land-home combo in the same area, you might be thinking about buying a home warranty, too. But what is a home warranty, and is it worth it? What is a Home Warranty? A home warranty, unlike homeowners insurance, is […]
What is Homeowners Insurance?
When you’re buying a home, whether it’s a $150,000 to $200,000 house for sale in Lake City or a big farm for sale in White Springs, you’ll most likely need to buy homeowners insurance. But what is it, and why do you need it? What is Homeowners Insurance? Homeowners insurance is a form of […]
Why Some Appraisals Come in Low
Sometimes, home appraisals come in low. While it’s disappointing to find out that an appraiser thinks your home isn’t as valuable as you think it is, the fact is that your home is only worth what a buyer is willing to pay for it. With that said, there are several reasons an appraisal can come […]
3 Red Flags to Watch for if You’re Buying a “Flipped” House in Lake City
There’s no shortage of TV shows that show how “easy” it is to flip a house—but should you really buy a property that someone bought as investment, improved, and is now selling? Unfortunately, there’s no one-size-fits-all answer to that question, but here are five red flags that should send you running in the other direction […]
3 Red Flags to Watch for if You're Buying a "Flipped" House in Lake City
There’s no shortage of TV shows that show how “easy” it is to flip a house—but should you really buy a property that someone bought as investment, improved, and is now selling? Unfortunately, there’s no one-size-fits-all answer to that question, but here are five red flags that should send you running in the other direction […]
Common Mistakes Buyers Make When Purchasing a Short Sale in North Florida
Buying a short sale property in Lake City is different from buying a foreclosure or another type of real estate – and many homebuyers make mistakes during the process. What is a Short Sale? A short sale on a house is what happens when the owner sells the house for less than he or she […]
