Category Archives: For Buyers

New Orleans Real Estate FAQ | How Do I File for a Homestead Exemption?

New home owners in Louisiana can save several hundred dollars a year on property taxes by taking advantage of the Homestead Exemption. What is the Homestead Exemption? The Louisiana Homestead Exemption is an exemption on parish and state property taxes for the first $75,000 in value of your home.  There are some taxes that are not included ...

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New Orleans Real Estate FAQ | Who Orders the Appraisal?

Buyers and sellers alike often have questions about the appraisal process.  Sometimes, we’ll have a home seller who offers up an existing appraisal on their home in the hopes of speeding up the process or ensuring that the value contained in it is used.  They are usually disappointed when we tell them that it can’t ...

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Last Minute Credit Check Derails A Home Buyer

Don’t say we didn’t warn you that the details matter when you are buying a home… I’ve advised home buyers before about not going on a shopping spree between getting their loan approval and actually moving into their new house.  Today, I was chatting with another ...

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New Orleans Real Estate FAQ | What is a Back-up Offer?

With so many homes to choose from in the New Orleans real estate market, we aren’t seeing multiple people lining up for the same house or as many back up offers as we used to.  However, from time to time, it does still happen.

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New Orleans Real Estate FAQ | How Do I Find Foreclosed Properties?

Skimming through the most recent West Bank real estate market reports, it becomes obvious that a large percentage of today’s home buyers are on the hunt for bargain priced foreclosed ...

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New Orleans Real Estate FAQ | What Is a Buyer’s Agent?

A true buyer’s agent works only with home buyers. They are well versed in the local real estate market (as every agent should be) and have a slew of behind the scenes professionals just waiting to help you with the purchase of your home. Lenders, home inspectors, termite inspectors, roofers, plumbers, HVAC technicians…you name it and they usually have someone at their fingertips that can assist you with any issues that arise during your home purchase.

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Clearing Up Confusion About the Tax Credit Extension

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While REALTORS across the country have been waiting on pins and needles to find out if the tax credit will be extended, there have been consumers who are confused about what the extension does for them.

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