Home buyers tend to feel overwhelming pressure or anxiety when it comes time to pick a house. Whether they are scared of making the wrong decision or that something better will come along, FOMO pops up for many buyers. Let’s unpack what many of our buyers have experienced and their FOMO situations. … Read more »
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Team Be New Orleans helps about 100 people and families buy and sell homes annually. With this kind of experience, we have seen some amazing mortgage lenders. We have also seen some… not-so-great ones. Let’s focus on the positive and share some of our absolute favorite mortgage lenders in the New Orleans area! … Read more »
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Welcome to Hot Hoods – where we tell you what the hottest neighborhoods of New Orleans were for the past month! This is the August 2022 edition. Single-Family Homes 0-$100k: 10 sales total; Half of those sales were in Algiers for houses that need major renovations; lowest sale was $59k $100k-$200k: 31 sales; New… Read more »
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Hurricane season lasts from June 1st – November 30th. That’s right, folks. It’s not just august and September we have to worry about. The question is, “Should I buy a house during hurricane season?” Our quick answer is – WHY NOT?! For six months out of the year, we are in hurricane season. If… Read more »
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When it comes to New Orleans area homes, many people have questions about generators. Portable or whole-home generators can be essential for riding out a hurricane and the time without power. Take a peek at some basic generator knowledge to keep you safe and see what works best for you! Portable Generators First… Read more »
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Realtors have noticed many homebuyers pumping the brakes on home purchases in the last two months. However, it has not come to a complete standstill; however, the market is slower than it was in the spring. Future homebuyers are saying things like, “I am waiting for the prices to come down” and “I don’t… Read more »
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Closing Costs. This is a word that you may hear as a buyer and have no clue what it even is! To break it down quickly, closing costs are the additional fees or expenses you incur while purchasing a home. This includes homeowners insurance, flood insurance, property taxes, lender fees, title company fees, and… Read more »
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Scrolling through Realtor.com, you may find the word “Pending” across a house listing. What does this mean in terms of real estate? The term pending refers to the house already having an accepted contract. The home sale is not finalized yet; however, the sellers have reached an agreement with an interested party. … Read more »
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With interest rates higher than they have been in some time, many homebuyers are using discount points these days. What are discount points? Here’s a quick rundown! What are discount points? In order to lower your interest rate, you pay an upfront fee called “points” or “discount points.” Current day (as of July… Read more »
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When it comes time to make an offer on a house, there are many variables to negotiate. Closing costs, inspection days, appliances – the list goes on for what you and your agent agree on with the home sellers. However, when it comes down to the house’s condition, there are many things that you… Read more »
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