Lakeland Fl Homes for Sale, Real Estate and more...

head_left_image

Where to Get Cash For Down Payment For that Lakeland Fl Home For Sale

Where to Get Cash For Down Payment For that Lakeland Fl Home For Sale

 

Helping homebuyers with their home search in Lakeland FL and the buying process, the question about how to come up with the downpayment for a home must be addressed at the first conversation. If you are just starting out with your home search and need some guidance about how to come up money for the downpayment, the following are some great tips to get you started:

 

How to get money for a downpayment1. Get money from relatives. Ask your relatives with money if they could help you with cash for your down payment. Hopefully they will give this to you as a gift and not a loan.

 

2. Sell some of you assets. You may want to sell your extra vehicle or any other asset that has been fully paid but not used too much. Disposing of this type of asset means you will no longer have to spend on insuring or maintaining it and you won’t have to move it with you once you buy a Lakeland Fl home for sale.

 

3. Liquidate some of your investments. If you have investment in stocks or bonds, now might be a good time to liquidate it.

4.  Income Tax refund. If you would be fortunate to get a big income tax refund this year, then you could put it towards the down payment of a Lakeland Fl home for sale.

5.  Home-Buyer Programs.  Check out local, state, and federal programs for home buyers, especially those for first-time home buyers, like the home buyer tax credit.

 

The more cash you can bring to the closing table for a downpayment on a Lakeland Fl home for sale, the less money you will have to borrow and the lower your mortgage payment will be. So a larger down payment is actually more beneficial if you are planning to buy a Lakeland Fl home for sale.

 

Authored by Petra Norris 

 

Petra Norris - REALTOR®, SFR
Managing Broker - CDV TransAtlantic, Inc.
 
CDV TransAtlantic Inc
(863) 619-6918
 
Lakeland Florida Home Search
 
1 commentPetra Norris • August 28 2013 04:19PM
Where to Get Cash For Down Payment For that Lakeland Fl Home For Sale
share
Where to Get Cash For Down Payment For that Lakeland Fl Home For Sale Helping homebuyers with their home search in Lakeland FL and the buying process, the question about how to come up with the downpayment for a home must be addressed at the… more
Sandpiper Golf and Country Club Real Estate Market | January–June 2013
share
Sandpiper Golf and Country Club Real Estate Market | January – June 2013 Sandpiper Golf and Country Club Mid-Year Real Estate Market Review for Sandpiper Golf and Country Club in Lakeland FL So far a total of 28 homes have been sold… more
Home Prices in Lakeland FL 33809 for August 2013
share
Home Prices in Lakeland FL 33809 for August 2013 Home prices vary from zip code to zip code within Lakeland, FL. To give you a more concise report, I separate my analysis by zip code. Lakeland, FL 33809 is located in the Northern part of… more
Home Prices in Lakeland FL 33803 for August 2013
share
Home Prices in Lakeland FL 33803 for August 2013 Home prices vary from zip code to zip code within Lakeland, FL. To give you a more concise report, I separate my analysis by zip code. Lakeland, FL 33803 is located in the heart of Lakeland… more
Home Prices in Lakeland FL 33813 for August 2013
share
Home Prices in Lakeland FL 33813 for August 2013 Home prices vary from zip code to zip code within Lakeland, FL. To give you a more concise report, I separate my analysis by zip code. Lakeland, FL 33813 is located just South of Toll Road 570… more
Five Features Buyers Look for in Lakeland Fl Homes For Sale
share
Five Features Buyers Look for in Lakeland Fl Homes For Sale Home buyers look for particular things in a Lakeland Fl home for sale Most buyers have certain must-haves on their list that they are willing to cut down on something else in order… more
The Lakeland FL Home I'm Buying Does Not Appraise - Can I Back Out?
share
The Lakeland FL Home I'm Buying Does Not Appraise - Can I Back Out? The short answer to this question is "NO". Consumers buying a house in Florida may think that when their offer on the Florida home got accepted on either the Florida Realtors… more
Lakeland FL Homes for Sale | Why Is Your Offer Declined?
share
Why Is Your Offer For A Lakeland Fl Home For Sale Declined? In a seller’s market where Lakeland Fl homes for sale get multiple offers, buyers must take the necessary steps to make sure they make the best offer that will stand out from… more
Is It Better to Buy or Rent After Putting Your Lakeland Fl Home For…
share
Is It Better to Buy or Rent After Putting Your Lakeland Fl Home For Sale? Many retirees often consider downsizing their home - meaning putting their Lakeland Fl home for sale and using the proceeds to buy a cheaper home and put some cash aside… more
How To Buy A Lakeland Fl Home For Sale With Good Resale Value
share
How To Buy A Lakeland Fl Home For Sale With Good Resale Value Even with lower inventory of homes for sale, it is imperative to pick a home with resale in mind because most homeowners sell their home within of 5-7 years of purchase. Once you… more