Update on Mineral Rights and offers - 12/20/08 03:24 PM
It's been a few months since the Haynesville Shale shook up the real estae market here in Northwest Louisiana.  As I suspected for a little while there, buyers wanted the mineral rights and sellers didn't want to convey them, deals would fall apart over the mineral rights, and sellers were not coming off their asking prices.  But I do believe that an understanding is settling over our market with the help of the many great real estate agents out there.  Buyers are accepting homes without minerals and sellers are lowering their prices to attract the buyers. 
I have had the priviledge … (0 comments)

Time to buy rental property - 12/20/08 03:12 PM
Unsure of how the real estate market will respond in the coming months and years to all the economic chaos?  My advice to to my investor clients and those who are scared of the stock market is to buy investment rental property and hold it until the economy shows signs of a revival. 
As our real estate market returns to the traditional loan practices of requiring substantial down payments in order to buy a home, the need for rental properties will increase dramatically, not to mention the length of leases.  The best purchases will be homes that can be leased out … (3 comments)

 

Kerry Friestad

Bossier City, LA

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Friestad Realty

Address: 3326 Judy Lane, Shreveport, LA, 71119

Office Phone: (318) 210-8216

Cell Phone: (318) 210-8429

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