If you’re like many people, you’ve heard of seller financing, but what is it? This guide explains seller financing, how it works, and how to decide whether you should purchase a property using it. How Does Seller Financing Work When You Buy a Farm in North Florida? First things first: What is seller financing? The […]
Should You Buy Land When Interest Rates Are High?
Many people are questioning whether now is a good time to buy land, particularly because interest rates are much higher now than they have been in recent memory. Aside from the fact that land typically appreciates in value, the interest rates can cause you to take serious pause; That’s because their payments will most likely […]
Could an FHA Loan Help You Become a Homeowner?
When you want to buy a home in Lake City, you have several options when it comes to financing – and one of those options may be a Federal Housing Administration loan. These loans, commonly called FHA loans, can help low- and moderate-income buyers get a mortgage and buy a house. But could an FHA […]
Common Seller Financing Questions
Buying a home with seller financing can be a great idea – as long as you and the seller can reach an agreement that works out in your favor. But it can also be a little bit confusing. If you’re considering buying an owner-financed home in Lake City, check out these common seller financing questions. […]
Is Seller Financing a Good Idea?
If you’re like many people, you’ve seen the homes for sale in Lake City that have “seller financing” on the listing. But is seller financing a good idea if you’re buying or selling? Here’s what you need to know to make the right choice for your future. Is Seller Financing a Good Idea? Seller financing […]
What Does Seller Financing Mean?
In a residential real estate transaction, most people borrow money from a lender to cover the cost of the home they want to buy. But there’s an alternative – seller financing – that an increasing number of Lake City buyers and sellers are using. So what does seller financing mean? Here’s what you need to […]
How Long Will it Take to Sell My Land in Lake City?
If you’re like most people who are thinking of selling land in Lake City, you want to know how long it’s going to take. How Long Will it Take to Sell My Land in Lake City? There’s no easy, one-size-fits-all answer to that question, although we certainly wish we could give you an exact timeline. […]
Basic Knowledge for First-Time Homebuyers
If you’re thinking about buying a home for sale in Lake City, FL, there are few things you need to know about the process. This list will get you started: Real estate agents work on commission, but buyers don’t pay upfront fees You can buy a home with seller financing that doesn’t even involve a […]
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 […]
