If you’ve been looking for a home for sale in Lake City for any length of time, you’ve probably seen houses here and there listed as FSBO – but what is FSBO, and what difference does it make when you find one you want to buy? What is FSBO? FSBO is an acronym for For […]
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 […]
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? […]
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 is a USDA Loan?
The USDA home loan, also known as the USDA Rural Development program, is designed to help low- and moderate-income buyers purchase a home in a qualifying rural area. A USDA loan can be used to build, improve, or renovate a primary home with several advantages not offered by other mortgage programs. Benefits of a USDA […]
Benefits of Living in a Gated Community
There are many neighborhood choices, but many people are drawn to gated communities. Living in a gated community offers advantages that other neighborhoods do not offer. Some of the biggest benefits of living in a gated community include: Increased Security A lot of people choose to purchase a home in a gated community due to […]
Benefits of Living on a Cul-de-Sac
Living on a cul-de-sac is a wonderful way to become part of a close knit community. Homeowners living on the end of a quiet street typically enjoy the way the homes and lots are set up; generally, each lot has a triangular shape (similar to pie pieces). While this means that the front yards are […]
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 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 […]