REAL ESTATE KINGZ

The Blog

A Florida Licensed Real Estate Brokerage. Brian Rice, Florida Lic. Real Estate Broker.

Real Estate Kingz - The Blog

Why you need to perform your OWN due diligence

Why you need to perform your OWN due diligence A case study of John P. In 2022, John purchased a home from an acquisition company. His intent was to fix and flip. John failed to perform even the most basic elements of due diligence. So, here’s what happened! John found that the home was built […]

We know people … We Know Real Estate!

We know people … We Know Real Estate! A buyer pay what is reasonable to acquire the perfect location or situation You may not only want to know the estimated value of your home. You may also want to know how I determined that estimated valuation. While broad segments of the real estate industry may […]

Understanding the Closing Process

Understanding the Closing Process Yes! You’ve found your dream home. Now it’s time to focus on closing. The closing process can seem like you’ve taken on a second job. However, mentally preparing yourself to deal with the numerous tasks and requests for documentation required to close will contribute to a smoother closing experience. Keep in […]

The Kick Out Clause

The Kick Out Clause Adds Flexibility to our Seller Clients There may be instances when a buyer makes an offer which is contingent on the buyer’s ability to sell their existing home. The seller may want to accept the offer, but has reservations about the proposed contingency. The seller may have apprehensions about taking the […]

Homeowners Insurance FAQs

Homeowners Insurance FAQs Protect your investment with homeowner’s insurance It’s no secret that buying a home is one of the biggest purchases you’ll make in a lifetime. When you purchase a home, it’s a mammoth investment – homeowners insurance protects that investment. Here are some easy ways to get your home the best possible insurance […]

What documentaion do I need to apply for a mortgage?

What documentaion do I need to apply for a mortgage? That’s a very good question! If you have everything with you when you visit your lender, you’ll save a good deal of time. You should have: Social security numbers for both your and your spouse, if both of you are applying for the loan; Copies […]

what costs will my mortgage payment cover?

what costs will my mortgage payment cover? Most loans have 4 parts: Principal: the repayment of the amount you actually borrowed; Interest: payment to the lender for the money you’ve borrowed; Homeowners insurance: a monthly amount to insure the property against loss from fire, smoke, theft, and other hazards required by most lenders; Property taxes: […]

Additional Costs to Consider When Buying a Home

Additional Costs to Consider When Buying a Home When buying a home, it’s important to consider not only the mortgage payment but also the additional costs that come along with homeownership. These costs can vary depending on various factors, such as the location and size of the property, as well as your personal preferences and […]

How to Determine Eligibility for a Home Loan

How to Determine Eligibility for a Home Loan Are you considering purchasing a new home but unsure if you qualify for a loan? Understanding the factors that lenders consider when determining loan eligibility can help you assess your chances of securing financing. Here are some key factors to consider: Credit Score Your credit score plays […]

How Much Money Do You Need to Buy a New Home?

How Much Money Do You Need to Buy a New Home? Buying a new home is an exciting milestone in anyone’s life. However, it’s essential to plan your finances carefully to ensure a smooth home-buying process. One of the first questions that arise is, “How much money do I need to have to buy a […]

Should I Use a Real Estate Broker to Help Me Buy or Sell a Home?

Should I Use a Real Estate Broker to Help Me Buy or Sell a Home? Buying or selling a home is a significant financial transaction that requires careful consideration and expertise. While it is possible to navigate the real estate market on your own, many people find it beneficial to enlist the help of a […]

Special Homeownership Grants and Programs for Single Parents

Special Homeownership Grants and Programs for Single Parents Homeownership is a dream shared by many, but for single parents, it can often seem like an unattainable goal. The financial challenges and responsibilities of raising a family on one income can make it difficult to save for a down payment or qualify for a mortgage. However, […]