If you’re like many people, you’ve heard of both seller financing and “rent-to-own” financing, but do you know the difference between the two? What is Seller Financing? Seller financing, which is also commonly referred to as owner financing, is a loan that the seller provides to the purchaser. Generally, the buyer and seller reach their […]
Pros and Cons of Seller Financing
Seller financing can be extremely beneficial to both parties. However, just like any other type of financing, it can have drawbacks. So what are the pros and cons of seller financing? Pros of Seller Financing Typically, with seller financing, in the two parties negotiate everything on their own – and that means both parties can […]
What is Owner Financing?
Owner financing, commonly called seller financing, is a loan provided by the seller to the purchaser. In many cases, the purchaser will make a down payment and then make installment payments – usually on a monthly basis, just as he or she would with a traditional mortgage – until the loan is paid off. Generally, […]
Should You Invest in Timberland in North Florida?
According to Stansberry Research, one of the best investments you could make is buying timberland. In an interview with Dr. Steve Sjuggerud, the editor of True Wealth, the think tank outlines several reasons why timberland is such a great investment. What Dr. Steve Sjuggerud Says After studying timberland investing for hundreds of hours, Dr. Sjuggerud […]
Looking for a Library in Lake City, FL?
If you are looking for a library in Lake City, Florida, you’re in luck – we have two of them, and they both have spectacular collections of books. Columbia County Public Library The Columbia County Public Library is located at 308 Northwest Columbia Avenue in Lake City. They have more than 115,000 print materials […]
Homebuying Dos and Don’ts
If you’re buying a new home, particularly if it’s your first one, you need to know that there are all kinds of dos and don’ts for the process. Naturally, your Realtor® will be there to guide you every step of the way – but it still a good idea to familiarize yourself with what you […]
What You Need to Know Before Buying Land in North Florida
For most people, buying land in North Florida is a great investment. If you’re thinking about purchasing a lot or home site here, it could be one of the best decisions you’ve ever made. However, there are a few things you need to check on before you buy property in this area. What will you […]
Things to Do in Lake City, Florida
If you are moving to Lake City, Florida, you need to know what there is to do. Whether you want to make a day trip or you just like an afternoon of activities now and then, you will never be bored in Lake City… unless you want to be. (There are plenty of hotspots for […]
Buying a Manufactured Home in North Florida
You’ll find a lot of advice online about buying manufactured homes in North Florida – but what are they, and is buying one the right decision for you? What is a Manufactured Home? There are a number of manufactured homes for sale in North Florida, and in many cases, they’re more affordable than […]
What Are Owner-Financed Homes?
Many people are on the lookout for owner-financed homes in North Florida, but in order to determine whether seller financing is the right route for you, you’ll need to know exactly what it entails. What Are Owner-Financed Homes? A seller can choose to provide financing for the buyer, which can create a bigger […]
