If you’ve spent any time looking at mortgage financing, you’ve probably seen or heard the term USDA loan. But what is a USDA loan, and is it possible for anyone to use one? This guide explains USDA loans, how to use them, and what they’re good for. What is a USDA Loan? A USDA loan […]
Private Mortgage Insurance, Explained Simply
If you’re like many people, you’ve heard of private mortgage insurance, or PMI. But what is it, and is it something that you’ll be required to purchase when you buy a home land in North Florida? This guide explains. Private Mortgage Insurance, Explained Simply Private mortgage insurance is something the vast majority of lenders make […]
What Are Interest-Only Mortgages?
If you’re like many buyers, you may have heard of interest-only mortgages. But what are these types of loans, what are they good for, and should you use one to buy a home? Though we’re not financial advisers (and you should talk to a qualified financial planner to get advice on your personal situation), this […]
How Much Property Do You Need to Own Horses in North Florida?
If you’re looking for information on how much land is necessary to own horses in North Florida, you’ve come to the right place. This guide will provide all the answers you need to make an informed decision about horse property in the Sunshine State. How Much Property Do You Need to Own Horses in North […]
10 Benefits of Buying Recreational Land in North Florida
If you’re among the many people who want to buy recreational land in North Florida, you’ll be glad to know that we think it’s a great choice. This guide covers ten of the biggest benefits of buying recreational land in Lake City or a nearby community. 10 Benefits of Buying Recreational Land in North Florida […]
3 Things to Know if You’re Buying Land for a Prefab Home in North Florida
If you’re like many people, you’re thinking about buying a piece of land for a prefab home – but where do you even begin? This guide outlines three things you should know before you buy land for a prefab home in North Florida. Prefab homes are a great option for those who want to build […]
What Do Rising Interest Rates Mean for Buying Land?
If you’re like many people, you know that the fed keeps raising interest rates – and we don’t know when they’ll come back down again. But those interest rate hikes may make you question whether now is a good time to buy land. This guide explains the ups and downs so you can make the […]
What Are Closing Costs?
When you buy or sell a home, you’ll hear about closing costs. But what are they, and how do they work? This guide explains. What Are Closing Costs? Closing costs are fees charged by lenders, title companies, and other parties during the real estate transaction. They’re typically a percentage of the home’s purchase price or […]
Could You Lose Your Earnest Money Deposit?
If you’re in the market to buy a home, you’re probably familiar with earnest money deposits. In most cases, if the transaction falls through, the buyer gets their deposit back. But what happens if you get cold feet or don’t hold up your end of the bargain? The seller is entitled to keep it. This […]
How Much Land Can You Afford?
When it comes to buying land, size definitely matters. But how much land can you actually afford? This guide will help you figure out the answer by walking you through the basics of land prices and mortgages. Whether you’re interested in a small plot of recreational property, a sprawling farm or something else, read on […]