Category Archives: For Sellers

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…

The Risks of a Counter Offer

The risks of counter offers when buying or selling a home

While everyone assumes it is just a part of the negotiation process when buying or selling a house, what often gets lost in the back and forth is that technically, a counter offer is a rejection.  And rejections have risks that buyers and sellers need to weigh against their goals. For a seller, the goal…

Do I Have to Repay the First Time Home Buyer Tax Credit If I Sell?

Tax returns and tax credits

We’ve been running across some folks that took advantage of the $8,000 tax credit when they purchased the New Orleans home that they would now like to sell.  It brings up the question, what happens if you sell before you have lived in the home for the required 3 years? I checked out the rules…

Can’t We Just Give the Buyers a Credit to Make Repairs?

gold house

As we move through a home purchase with our sellers, the home inspection can be one of the stumbling blocks we have to maneuver past, particularly if the buyers (or their lender) find things that they want repaired before the closing. Can’t We Just Give Them A Credit? Well, technically, yes.  You can.  However, the Louisiana inspection…

Don’t Confuse Maintenance for an Upgrade

Pricing a home can be a balance between a science and an art.  One of the things that plays into how a home will be priced is the number and quality of upgrades.  That’s where some home owners can get a little frustrated with their agent when they are told that some of the hard…

Considering Staging Your New Orleans Home for Sale? Don’t Buy Into These 3 Common Home Staging Myths

New Orleans home staging tips

I love the fact that the internet makes our worlds so much smaller and lets us get to know new virtual friends all over the globe.  My friend Tanya Nouwens is a broker and home stager in Canada and she has generously shared the following home staging myths with us. These 3 common home staging…

4 Facebook Don’ts When Selling Your New Orleans Home

Sharing your home's information on Facebook

Is there anyone that isn’t on Facebook at this point?  We all log in every day to catch up on what’s happening with friends and family, check out the photos from someone’s vacation, post a new picture of the grandkids and join the newest groups.  It’s become ubiquitous and I’ve found that most people share…

If You Don’t Want It, Chances Are the Buyer Doesn’t Either

Junk desks

I know that moving is hard work.  After our last move, I informed my husband that I’d rather burn down the house than have to pack up and then unpack all of our belongings ever again.  I can’t imagine how much harder that would have been if we were forced to deal with items left…

Does Your Agent Opt-In?

Advertising your New Orleans home for sale

Conversations are happening all over the real estate world about whether or not agents should opt-in and have their listings syndicated to the national real estate franchise sites.  People on both sides of the issue are passionate about their opinions, but it seems to me that the person who has the most to gain or…