About Patrick Lancer

Patrick moved to Tampa from Rochester, NY with his wife Buffy and two daughters after 24 years at Eastman Kodak. He brings results and a drive to understand customer needs to achieve the best outcomes for his clients. Whether buying or selling, with finding a first home or moving up to your next home, downsizing or finding an investment property, Patrick can help you reach your goals.

Century 21 Elite Locations Inc.

Patrick Lancer

Real Estate Glossary Terms

Arm’s-Length Transaction

An arm’s-length transaction is a business deal, or transaction where the seller and buyer act independently of each other without influence on the other party. What sets these types of transactions apart is that there is no pressure from the other party and each party acts in their own self-in ...
Locked-in-period

Period of time interest rates are guaranteed by lock-in-clause. The guarantee period of time is longer during stable economic periods with low rates of inflation. ...
Tax Shelter

Investments, usually in limited partnership, that can protect of defer shelter) part of the income from current taxes. Under current law, passive leases can be applied up to passive income. Typically, a large amount of capital along with a significant amount of debt is needed. Allowable deductions a ...
Accumulation Benefits

Accrual or addition to life insurance benefits. ...
Annuity Tables

Chart showing for a group of people: the number living at the beginning of a designated year; the number dying during that year. Yearly probabilities are used in calculating premium payments for future income payments to annuitants. ...

Real Estate Advice

Homebuyer Tips

How To Use Color Trends To Make Your Home Decor Stand Out In 2023

Your home is a reflection of your personality, and the colors you choose to decorate it will play a crucial role in creating the ambiance and the mood of your living space. As we enter spring, the season of revival and rebirth, it’s the perfect time to start updating your home’s color scheme to keep it fresh, stylish and inviting. In this article, we’ll ...

Homebuyer Tips

Best Places To Live In Virginia

When looking for the best places to live in Virginia, you will not be disappointed. Located on the southeastern coast of the United States, Virginia is filled with rich history, natural beauty, and diverse communities. With its close proximity to Washington D.C. and the Atlantic Ocean, Virginia offers a unique blend of urban and rural living that makes it an attractive ...

Agent Advice

Content For Real Estate Agents: The Top Strategy For Success In 2023

As a real estate professional, you probably wonder why creating content for real estate agents has anything to do with the job, itself. But companies and agents picking up the routine made it evident that social media marketing and a solid overall web marketing strategy with content can be much more effective than paid advertisements. Well, as an agent, your ...

Agent Advice

Pros & Cons Of Being A Real Estate Agent

Before starting a real estate agent career, learn about the pros and cons of being a real estate agent. Weighing the benefits and drawbacks allows you to make smarter decisions about your future profession. A career in real estate may give considerable benefits. It can also provide various problems that must be overcome. It is a career that involves hard labor and ...

Agent Advice

Best Paying Jobs In Real Estate

Have you ever dreamed about a career with a 6 figure salary? Most people certainly have. What most people haven’t dreamed about, though, is how to get that amount of money. The reason for that might be that the goal seems to be lightyears away from reality, or it’s hard to make a move from the warmth of the comfort zone. Also there are people who are just ...