Linda's Blog

How does buying a "short sale" affect the buyer?  So many buyers are asking this question and it’s a good one.  Sometimes us REALTORS sound like we are speaking a foreign language.  We talk about ARM’s, Buy Downs, BPO’s, CMA’s, Negative Am, and so on.  It’s worth explaining rather than using our ...

As published in a national publication, Baton Rouge is one of the best places to be living to weather the national turmoil we are now experiencing.  Now with interest rates in the 4% and 5% range, investors can work on increases their wealth in local real estate.  If you have an interest rate hig...

  Life is always changing. Our industry is forever changing. Usually the changesare for the best. In looking back when we purchased our first home in 1970 weapplied for a VA loan. Believe it or not the spouse’s income (my secretarialsalary) was not used to qualify. I was told I might get pregnant...

ECONOMIC OUTLOOK - 27th  Annual Edition 2009-2010 published by LSU, Department of Economics, authored by Loren C. Sctt, James A. Richardson, & M Dek Terrell, is "hot off the press".  This outlook provides statistics and data to support the conclusion that our local eocnomy is thriving. Here are s...

And we had a SNOW day which is so unusual for us.  This is the heaviest snow ever, not just flurries!  WOW what fun!  Did somebody say that the South had to freeze over before interest rates would get below 5%?  Because the South did freeze over and interest rates got below 5%!  Yesterday we had ...

And we had a SNOW day which is so unusual for us.  This is the heaviest snow ever, not just flurries!  WOW what fun!  Did somebody say that the South had to freeze over before interest rates would get below 5%?  Because the South did freeze over and interest rates got below 5%!  Yesterday we had ...

With interest rates in the 4% and 5% range families can afford to buy the home of their dreams.  At 5% the payment is $5.37/1,000.  This means that on $100,000 loan the principal and interest is $537; on $200,000 it is $1,073.64 and on $300,000 it is $1610.46.  AWESOME!