There’s a Shortage Of Affordable New Orleans Homes
The definition of affordable homes in New Orleans has undergone a huge change over the last few years, with some neighborhoods completely out of reach for a significant number of buyers. If your...
New Orleans Real Estate Brokerage
The definition of affordable homes in New Orleans has undergone a huge change over the last few years, with some neighborhoods completely out of reach for a significant number of buyers. If your...
Final Walk Through Advice So, your loan has been approved, the appraisal has come back just fine and you are preparing for the closing on your new home. Congratulations! The last item on your...
You’re watching friends and family around you either buy new single family homes or enjoy the places that they’ve already purchased. Perhaps you’ve come to the realization that...
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...
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...
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...
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...
Budgeting for home ownership Owning a 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 white picket...
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