Investing in new home construction in Mandarin, FL, can be a daunting enough process on its own without a bunch of complicated terminology getting in the way. Being unfamiliar with some of these terms can make the entire process seem more overwhelming, so we’re here to help explain some common home buying terms to help you understand and jumpstart the process.
Escrow – When an impartial third party holds on to something of value during a transaction. This can help protect both buyers and sellers alike, assuring all parts of the deal are held up on the sellers end and the amount held in escrow forfeited to the seller if the buyer backs out with no reason.
Title – The legal document verifying the ownership of a home.
Down Payment – The initial cash amount paid up front on a home purchase before the rest is financed by a mortgage loan.
Mortgage – A home loan that is offered by banks, credit unions, or other lenders with various rates and varying term durations for repayment.
Amortization – The schedule that is determined to pay off a mortgage over a specified length of time, made in monthly installments.
Appraisal – An assessment given to determine the value of a particular property by a professional.
Learn more about the home buying process and new home construction in Mandarin, FL and the surrounding area at CollinsBuilders.net.
There are a lot of things to love about winter: the first snow fall, hot chocolate, and cozying up by the fireplace. One thing that puts a damper on the colder months is an increasingly large heating bill coming in the mail. However, there are ways to help decrease your monthly heating costs while still keeping your house cozy. Here are a few ideas:
Use the sun – When the sun is shining brightly during winter, it may still be chilly outside, but you can use those bright rays to your advantage to help save on heating costs. By keeping shades and curtains open during the day, especially ones on windows that allow a lot of sun in, you allow much-needed heat in through these rays. Additionally, closing them at night will help prevent drafts from cooling your house down more.
Invest in a smart thermostat – These devices can be programmed to automatically turn down the temperature during certain hours when it’s convenient to do so, such as when you’re at work or sleeping. They claim to save about 10-12% on heating costs, so your investment could easily pay for itself in a winter or two.
Another way to keep your heating bill down is to have it designed to keep the cold out with fixtures like energy-efficient windows. For more on design and new home construction in Jacksonville, FL, visit CollinsBuilders.net today.
The spring and summer are great times to revamp your current living spaces, do some remodeling, or even begin the process of building a new home! In order to create the right living space for you, it’s important to find the right inspirations for your plans for your household, and a great way to do that is by attending home and garden shows! We’ve compiled some information about some great home and garden shows in the area to help you get some ideas for home improvement this season.
Lake Nona Home & Garden Show – May 6th, 10:00 AM – 4:00 PM at Courtyard by Marriot Orlando, Lake Nona, FL
This home and garden exhibit aims to help homeowners discover the latest indoor and outdoor products as well as innovations for the home. Professional interior designers and builders will share tips and knowledge and there will be plenty of DIY information for home kitchen and bath projects.
Tampa Bay’s Largest Home Show – July 14th, 10:00 AM – July 16th, 5:00 PM at Tropicana Field, Saint Petersburg, FL
Presented by the Tampa Bay Times, this show includes great exhibits, seminars, giveaways, and information about the latest trends in home remodeling.
By attending these events, you may be able to get some useful ideas or tips and tricks for any remodeling you want to do this season. If you’re look into building a new home, and are in need of home builders in Orange Park, FL, contact CollinsBuilders.net today.