If you’re like many people who are buying a home in Lake City, you know that you’re going to have to deal with a deed to the property at some point. But what is a deed, and what does it do? More importantly, how does it affect your homeownership? What is a Deed in Real […]
Expenses to Plan for if You Buy a Home
If you’re buying your first home, it’s important that you know you’re going to be responsible for a few more costs than you would as a renter – and it’s important that you plan appropriately for them. Expenses to Plan for if You Buy a Home When you buy a house, you can’t just call […]
From Renting to Owning: What You Need to Know
If you’re like many people, you’ve been living in an apartment while you wait for the right time to buy a house – but how are you supposed to know when it’s the “right” time, and what happens if you wait too long? Buying Your First Home Buying your first home is an emotional experience. […]
Seller Financing, or Rent-to-Own?
If you’re like many people, you’ve heard of both seller financing and “rent-to-own” financing, but do you know the differences 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 […]
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 return on […]
Fixed-Rate vs. Adjustable-Rate Mortgage Information
Whether you’re buying a large farm for sale in Lake City, a cattle ranch in Columbia County, or an estate home in Lake City, you’ll most likely have to take out a mortgage to buy your next property. When you do, you’ll have several choices – including fixed-rate and adjustable-rate loans. But what are the differences between them? […]
How to Repair Your Credit to Buy a House
We all know that creditors want to see good things on your credit report before they’ll agree to lend you enough money to buy a home – but if you’re like most people, your credit could stand a little polishing-up. While a big overhaul will likely take some time, there are a handful of things […]
What is a Government-Insured Loan?
Whether you’re buying a large farm for sale in Lake City, a cattle ranch in Columbia County, or an estate home in Lake City, you may be interested in looking at government-insured loans. But what are they, and how do you qualify? What Are Government-Insured Loans? Government-insured loans are those guaranteed by the federal government. These types of […]
What Are Closing Costs All About?
When you borrow from a lender to buy real estate, whether it’s a land and home combo in Lake City, a tract of timberland for sale in North Florida, or cattle land in Lake City, you’ll have to deal with closing costs. But what are they, and how much money will you end up paying? […]
What Are Discount Points?
When you get a mortgage, you’ll be exposed to all kinds of new terminology. In fact, any time you borrow – whether it’s to buy timberland in Lake City, a home for sale in Columbia County, or anything else – you’ll have to familiarize yourself with a few terms. One of them is the term […]