If you’re like many people looking for property for sale in North Florida, you’ve heard of land contracts before – but what are they, how do they work, and could one be right for you? This guide explains. What is a Land Contract? Just like the name implies, a land contract is a contract for […]
Land Loan FAQ
If you’re buying a piece of land in Lake City, you can get traditional financing or use owner financing. Either way, this guide explains the most frequently asked questions about land loans – and if you don’t see the answer to your question here, please feel free to call us at 386-243-0124 to ask. We’ll […]
Can You Get a Fixed-Rate Mortgage When You Buy Land?
Land loans are a little bit different from home loans – and they’re not as common as home loans are, so you may have fewer options. Unfortunately, that means that there’s less competition between lenders, so lenders have the “upper hand.” Your Lake City REALTOR® will be able to point you toward a local lender […]