Buyersfirst time home buyershome buying
10 Steps to Buying Your First Home
You’re watching friends and family around you either buy new homes or enjoy the places that they’ve already purchased. Perhaps you’ve come to the realization that the only...
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First Time Home Buyers: Additional Costs to Consider
Beyond the monthly mortgage payment, new home owners need to be aware that there are additional costs involved in owning a New Orleans home. Your budget needs to include a cushion for: Property...
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Can the Seller Pay My Closing Costs?
Seller Paid Closing Costs The biggest out of pocket expenses when buying a New Orleans home are the down payment and the closing costs. The required down payment will vary depending on the type...
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What is PMI? | New Orleans Home Buying
What is PMI? After talking to their mortgage lender, lots of New Orleans home buyers have the same question. What is PMI? PMI = Private Mortgage Insurance If you put down less than 20% of the...
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New Orleans Real Estate FAQ | What is a Back-up Offer?
What is a backup offer? When a seller has already accepted an offer from another buyer, they should still be willing to hedge their bets and accept backup offers. Basically, a backup offer puts...
Buyersfirst time home buyershome buying
Are You Ready to Be a Home Owner?
Budgeting for home ownership Owning your own home is what we have all been told is the American Dream. It brings to mind a picture of a neatly manicured lawn, flower beds in bloom and a...
