If you're thinking about buying land, you'll be hard-pressed to persuade a mortgage lender to finance your purchase. Instead, you'll likely need to apply for a land loan. Land loans aren't as common as mortgage loans, so your options may be limited. Also, because of different factors, you could end up with a shorter repayment period and higher down payment and interest rate than you'd find with a mortgage loan. So, if you're considering getting a land loan, it's important to

For many, a foreign national, the United States has always been a great place to invest in, especially Florida. Cities like #Miami and Orlando, which have been major destinations for tourists and investors alike. Purchasing a home There are no restrictions for foreign nationals (non-US citizens) when it comes to buying a house or condo in #Florida. Any person with a valid Visa can own property and rent it, if they want to. Cash purchases are very common and close quickly, and

A shortage of homes for sale in the U.S. gives sellers the advantage in most housing markets. But many sellers don't realize that getting rid of their house likely will cost them thousands of dollars. Real estate commissions and other fees can eat up about 10 percent of the sale price of the home. Some expenses are negotiable and fluctuate with the real estate market. But sellers should expect to pay part of the costs in the transaction and avoid sticker shock at closing time

It's common advice: Buyers should obtain a mortgage preapproval letter from a lender before going out with a real estate agent to look at homes. The rationale is that a preapproval shows, in writing, an amount of mortgage money a buyer is qualified to receive, all but guaranteeing the price range the buyer can afford. For real estate agents, that preapproval letter is an assurance that they're not wasting time on clients who may not be able to afford the homes they're conside