Category Archives: Real Estate FAQ

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 | Are Lockboxes Safe to Use When Selling My Home?

So, you’ve decided to sell your home and the agent gets to the little check box on the listing agreement that asks if you are willing to have a lockbox installed on your home.  Most sellers don’t think twice about it, but occasionally we get asked about how safe it is to have a box ...

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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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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 | How Do I Prepare for an Open House?

Holding an open house, whether for the public or for other REALTORs, can be a quick and easy way to expose your home to a large number of people in a short period of time.  

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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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