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The better educated you are as a buyer, the better your chances of buying your dream home at a price you like. One of the first things I always recommend to a home buyer is to get with your mortgage company to become pre-qualfied. By being pre-qualified you are a serious buyer to the seller and taken more seriously with your offer, plus it cuts down on the loan processing time. If you are not sure of the steps to take to become pre-qualified contact me and I will walk you through the process and put you in touch with a great mortgage lender. The following reports offer great information on purchasing a home. Feel free to click on any or all topics that interest you: If you have any questions or need more information, please let me know.  As a buyer you need all the resources at your finger tips! Below are some great tools for you to use.
Remember to visit my Resource area for more information that will help you with the buying process of your next home.
How Much Can I Afford - Mortgage Calculator
Mortgage Information - Great articles on financing your home.
Real Estate Tips - Great tips on just about anything to do with real estate.
Real Estate Dictionary - A glossary of real estate terms. Ask me any question about buying a home in Sebring, Avon Park and Lake Placid. It's my job to help you! There's no obligation, and I promise to respond quickly... 
Insurance >Hazard Insurance
Are you considering taking out hazard insurance on a property before you actually take title? It may be a good idea!
Even though you are not yet the owner of record, as the buyer, you have an insurable interest in a property the moment that you and the seller execute the sales agreement. As a matter of practice, however, buyers do not usually take out insurance until the papers change hands, and it should not be necessary if the agreement of sale is properly executed.
It is very important to both parties that the agreement states that the property will be insured for a specific amount. From the buyer's point of view, an adequate sum must be stipulated, and the agreement should not read "as now insured", which can indicate that the seller may not want to increase the insurance.
As a general rule, the amount of insurance on the buildings on a property should equal the sales price, less the value of the lot.
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| Q |
What is a Balloon Mortgage?
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| A |
A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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