When you buy a home for sale in Lake City or another North Florida community, your real estate agent will build contingencies into your contract. Some of them you just can’t afford to waive. Related: Contingencies: What You Need to Know Contingencies You Can’t Afford to Waive When You Buy a Home Financing Appraisal Home […]
Making an Offer 101
When you find “the one” – the Lake City home for sale that you really have to have – you’ll make an offer and hope the seller accepts it. But where do you even start? Making an Offer 101 Your Realtor(R) will fill out the right forms for you to make an offer on your […]
What is Escrow?
When you’re buying a home for sale in Lake City, your real estate agent will talk to you about escrow. But what is escrow, and how does it protect you whether you’re the buyer or seller? What is Escrow? In real estate, the term escrow refers to a secure area where important items – like […]
Buyers: How to Negotiate Repairs After an Inspection
When you buy a home, you’re going to hire a home inspector to have a look at it and make sure everything is up to snuff. So what happens if there are issues you want the seller to fix before you sign the dotted line? Buyers: How to Negotiate Repairs After an Inspection First things […]
Common Land Purchase Contract Contingencies
If you’re like many people buying land for sale in North Florida, you know that your purchase contract will probably contain contingencies that help protect you and the seller in the transaction – and the contingencies are different when you’re buying land than they are when you’re buying a home for sale. These are common […]
What is a Home Inspection Contingency in a Real Estate Purchase Contract?
When you buy a cattle ranch in Lake City, a home for sale in the area, or anything else, the transaction depends on the home inspection—and your Lake City Realtor® will write your purchase offer to include a contingency that says if the inspection turns up something you’re not willing or able to deal with, […]
What Are Contingencies in a Real Estate Contract?
Whether you’re buying a large farm near Lake City or a land-home combo in the same area, you’ll have a real estate purchase contract to seal the deal. Within that contract, you’ll most likely have contingencies—but what is a contingency, and why do you need them in your contract? What is a Real Estate Contingency? […]
