Tag Archive: First Time Home Buyers

Home Buyer FAQ: Can I Write An Offer on More Than One House?

Algiers Point homes

In some segments of the West Bank real estate market, competition can be fierce among buyers. Typically, it’s the bank owned properties and those that are priced well for first time buyers that get the most interest. We’ve seen some of our buyers miss out on houses because they either weren’t fast enough in making…

Will Your Agent Attend Your Home Inspection?

Home inspection

I’m part of an online group of real estate professionals from around the country, so it always interests me when the conversation turns to “how we do it” in different states. Recently, there was a discussion about the pros and cons of agents attending home inspections with or on behalf of their buyers and sellers. …

New Home Owner Scam Alert

Don't fall for this scam!

If there’s one thing you can say about scam artists, it’s that they are nothing if not creative and persistent. We received an email from one of our clients that purchased a West Bank home last year.  She’s been getting repeated notices that she should request a copy of her deed and property profile and…

Big House, Little House…Some Neighborhoods Have it All

Why you want to research a neighborhood

Zoning, or lack of, can result in vastly different homes in the same neighborhood, especially in older areas in and around New Orleans. In Belle Chasse, you’ll find some beautiful, newer homes just down the street from trailers.  In Gretna, you’ll find huge turn of the century houses down the block from single shotguns. I…

Home Buyer FAQ: Do I Still Need a Down Payment?

Saving for a down payment on a house

Recently, someone searched “no down payment” homes and landed on our site.  Truthfully, it makes me more than a little bit nervous when someone is considering buying a home without having the resources to not only come up with the down payment but also to put some money aside for potential problems once they do own…

Your Home Buying Experience Should Be Better Than This

I clipped this from the Times-Picayune because I wanted to be sure that home buyers realize that not all of this is true (or it shouldn’t be, anyway).  While the advice might be really relevant to buying a car, some of it misses the mark when it comes to home buying. Know the home-court advantage: …

But I Pay My Rent On Time…

Don't let your credit score keep you from buying

Recently, we had someone who wanted to lease one of our West Bank homes. It turns out that his credit was not up to snuff. What surprised me was that he got insulted about being turned down, telling me “I don’t know what my credit score has to do with it, I always pay my rent on time”. The thing is….your credit score impacts so much of your life that if you don’t guard it and keep it as high as possible, you’ll have trouble not just renting a home right now, but ever buying a home in the future.

Are You and Your Agent on the Same Page?

girl holding house

One of the perks of choosing to work with a great buyer’s agent is that they have the chance to get to know you and find out all of the little things that make you swoon when you see a house.  Finding a home for you that has everything you were searching for and more…

New Orleans Real Estate FAQ | How Do I Find a HUD Home?

new orleans homes for sale - buying a foreclosure

Home buyers often ask “how do I find a HUD home?” without truly knowing what a HUD home even is.  They’ve heard that purchasing a HUD home is the way to get a house for pennies on the dollar and that they offer the best deal since sliced bread, so why not scoop one up…

Saving vs Paying Off Debt: The Great Debate

Nest egg - new orleans real estate

We welcome guest blogger Miles Victor of Fidelity Homestead with his take on saving vs paying off debt. Usually, my time is spent fielding questions from people about how they can better their current financial situation.  I’m frequently asked about our banks products and how they can help individuals “weather the storms” of life.  The…