Did you know that the Federal Housing Administration, or FHA, insures mortgage loans for home buyers? While not a loan itself, the FHA insures mortgage loans for buyers who may have little or no credit history, less than ideal credit, or those who are looking to put down a lower down payment on their home purchase. This can include first-time home buyers and younger home buyers, as well.

While this may not be your favorite subject, it’s something to consider when debt is something you have to worry about.

If you have ever thought about selling your home in Central Florida to pay off your debt, let’s talk about what that looks like in actuality. While our initial answer to selling your home to pay off debt would probably be no, there are a few instances when it’s something you could consider.

When a home is placed on the market, sellers always want to know, “How long will it take before someone buys it?” The short answer is, of course, we know the average time it takes to sell a home. The long answer is that each transaction is different. There are about 200 steps your REALTOR® will take when selling your home in Central Florida, but we’ve consolidated them in this blog and given you some insider tips for selling your home.

Working with a REALTOR® that really understands these steps will put you in the best position possible to sell your Central Florida home and may give you a better understanding of what's to come once you decide it’s time to put your home on the market.