It’s possible to lower your interest rate when you buy a home in North Florida – even when interest rates are higher than they’ve been in recent memory. This guide explains. The Inside Scoop on Bringing Down Your Mortgage Rate Here are five ways to get the best possible interest rate: Pay down debt Save […]
Could Use an FHA Loan to Buy a Farm in North Florida?
If you’re like many people, you’ve been on plenty of websites that discuss FHA loans. But what are these loans, are they guaranteed, and could you possibly use one to buy your next home? This guide explains. What is an FHA Loan? An FHA loan is a type of mortgage loan that is insured by […]
The Inside Scoop on USDA Loans
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 […]
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 […]
5 Questions You Should Ask Your Home Inspector Before You Seal the Deal
When you’re buying a home for sale in North Florida, you’ll hire a home inspector to check out the property. But what should you ask? This guide explains. 5 Questions You Should Ask Your Home Inspector Before You Seal the Deal Check out these five important questions you should ask your inspector before you agree […]
3 Words to Watch for in Real Estate Listings
If you’re like most people, you’ve spent a good deal of time scouring real estate listings in Lake City – and you’ve probably read plenty of listing descriptions along the way. While you’ve read, you may have noticed a few words that got you thinking: Do these really mean something else? Check out these three […]
5 Great Reasons to Buy an Ugly House
We’ve all been there – you’re out touring homes for sale and you find one that’s just… well, ugly. And if you’re like most people, you shake your head and tell your Lake City REALTOR® that you’re ready to move on to the next place. But don’t bee too hasty. Check out these five great […]
