Flagler County Real Estate Blog
 

A fixed-rate mortgage is a type of home loan in which the interest rate remains the same throughout the entire life of the loan, as opposed to an adjustable-rate mortgage, where the interest rate can fluctuate over time. This provides more stability for the borrower, but could potentially be more ex

Escrow is a term that you're likely to encounter in any real estate transaction. But what exactly does it mean? In the context of real estate, escrow refers to a neutral third party who holds funds or documents until the conditions of a contract are met. For example, when a buyer makes an offer on a

The term 'contingency' is quite common in real estate contracts, and it represents conditions that must be met for the transaction to move forward. Essentially, contingencies are 'safety nets' for both buyers and sellers. For instance, a buyer may have a contingency stating that the purchase is subj

Closing costs are an essential part of any real estate transaction, but many buyers and sellers are unsure of what they include. In essence, closing costs are fees and expenses paid at the closing of a real estate transaction. These can include loan origination fees, title insurance, appraisals, hom