Category Archives: Real Estate Talk

Real Estate articles of interest

Trust, but Verify (That Your Listing Photos Are Good)

3D camera with lens

I’ll be the first to admit that I’m picky about photos.  Now, I’m not quite a complete snob about how a home should be presented on the internet, but I ran across a home today on the New Orleans Multiple Listing Service (MLS) that had every single one of the following mistakes in the photo…

New Orleans Mortgage Rates | 2/6/2012

Mortgage rates

Just a quick update on current mortgage rates in New Orleans. The Fed has indicated that based on economic factors, rates will remain low well into 2014. HUD has brought back the $100 down payment program.  Details on this program can be found here. Remember loan amount, loan-to-value and credit scores will always play a part…

Is Pulling Listings from Online Syndicators in the Best Interests of Home Sellers?

Searching for homes for sale in New Orleans

Last week, there was a heated discussion in the real estate industry when a San Diego broker publicly announced via a YouTube video that they would no longer allow their listings to be displayed on realtor.com, Trulia or Zillow.  It’s a little long, but here’s the video in its entirety: If you can’t see the…

New Orleans Mortgage Rates | 1/28/2012

Mortgage rates

Just a quick update on current mortgage rates in New Orleans. The Fed has indicated that based on economic factors, rates will remain low well into 2014. HUD has brought back the $100 down payment program.  Details on this program can be found here. The number of new loan applications has been increasing in the last…

New Orleans Mortgage Rates | 1/23/2012

Graph

Just a quick update on current mortgage rates in New Orleans. The big financing news this week is that HUD has brought back the $100 down payment program.  Details on this program can be found here. Remember loan amount, loan-to-value and credit scores will always play a part in the rate that home buyers qualify…

New Orleans Moving Tips: Donate or Recyle When Packing for Your Move

PickUpPlease

One of the most common complaints I hear when people have to start the packing process before moving is “I have so much STUFF”.   We all have a tendency to accumulate things/stuff/junk in our homes.  If you are one of those people that never keeps something just in case, then this is not for…

New Orleans Mortgage Rates | 1/13/2012

Mortgage rates

Just a quick update on current mortgage rates in New Orleans. Remember loan amount, loan-to-value and credit scores will always play a part in the rate that home buyers qualify for. All 30 year loans Rural Development 100% financing:  3.75% with 0 points FHA: 3.75% with o points Conventional Loans: 3.875% with o points VA:…

Holiday Un-Decorating Can Double as Prepping Your Home for Sale

Christmas decorations can overwhelm home buyers

If your house is not already on the market, odds are you are waiting for the holidays to be over before doing so.  I remember when I sold my last house, there was no way I wanted to be “show ready” while in the midst of baking, decorating, wrapping presents and entertaining.  AND, I didn’t…

New 2012 FHA Loan Limits in New Orleans

FHA loan limits

With FHA being the most common form of financing across the New Orleans metro area, it’s good to see an increase in the loan limits for this type of financing.  If you need a referral to an approved FHA lender, please contact us. These maximum mortgage limits on residential loans will be in effect January…

Finishing Touches For Investors Matter

Finishing your New Orleans renovation

While out touring new listings recently, there were a couple of flips on the list. (A flip is a home purchased by an investor, updated or renovated and then put back on the market for sale) Now, in this buyer’s market, it’s hard enough to sell most homes, but when an investor is working on…