This is Part 6 of my exclusive New Orleans Real Estate Home Buying Guide. Strategy...How are we going to best position our offer to get you the house? This part of my home buying guide will focus on the price, terms, and conditions that make up offers. We will use these items to specifically create the best offer for the situation at hand. Leverage. Buyer's leverage is basically the amount of bargaining power a buyer has based on specific information surrounding the property. How badly does … (0 comments)
darryl glade: New Orleans Real Estate - Home Buying Guide - Part 5 - Make an Offer
- 05/22/08 02:11 AM
New Orleans Real Estate - Part 5 - Home Buying Guide - Make an Offer This is Part 5 of my exclusive New Orleans Real Estate Home Buying Guide. We have found the your dream New Orleans property…now we have to make an offer. The way it works in New Orleans is your buyer’s agent sits down with you, the buyer, and fills out the agreement to purchase (the offer). The offer is then given to the listing agent by the buyer’s agent in order to present it to the seller. This may be different than other states, but this … (0 comments)
darryl glade: New Orleans Real Estate - Home Buying Guide - Part 4 - Finding a Home
- 05/05/08 07:56 AM
New Orleans Real Estate - Part 4 - Home Buying Guide - Finding a Home This is Part 4 of my exclusive New Orleans Real Estate Home Buying Guide. Finally! We are at the fun (well, I think it is fun) part of the home buying process. Now that you have addressed the first three parts of the home buying guide (Financials, hiring a buyer’s agent, and mortgage/insurance), it is time to find you perfect piece of New Orleans Real Estate. How should you begin? I suggest that you take some time and make out a shopping list. Sounds a … (0 comments)
darryl glade: New Orleans Real Estate - Home Buying Guide - Part 3 - Mortgage and Insurance
- 04/30/08 06:40 AM
New Orleans Real Estate - Home Buying Guide - Part 3 - Mortgage & Insurance This is Part 3 of my exclusive New Orleans Real Estate Home Buying Guide. Ok! Now that you are working with a buyers agent, it is time to start your search for mortgages and insurance. While this can really be completed in conjunction with the next step (Part 4 - Finding a house), I recommend starting this process as soon as possible. I have a few reasons that we will discuss as to why I think that you should get started on this part quickly. … (0 comments)
darryl glade: New Orleans Real Estate - Home Buying Guide - Part 2 - Buyer's Agent
- 04/22/08 05:21 AM
New Orleans Real Estate - Home Buying Guide - Part 2 - Buyer’s Agent This is Part 2 of my exclusive New Orleans Real Estate Home Buying Guide. Now that your financial house is in order, it is time to begin the process of diving in to the New Orleans housing market! The most effective and efficient way to attack New Orleans real estate is to hire a buyer’s agent. The whole idea is that the agent will do most of the legwork for you! Most likely, you have a full-time job right now (most people looking to buy … (0 comments)
darryl glade: New Orleans Real Estate - Home Buying Guide - Part 1 - Financials
- 04/19/08 06:42 AM
New Orleans Real Estate - Part 1 - Home Buying Guide - Financials Welcome to the first part of my New Orleans Real Estate home buying series. Over the next few weeks I will be creating and posting my exclusive home buying series on New Orleans Real Estate. The series will take you from getting your financials in order to the very last and most exciting part…the closing! The whole point to is to give you enough information to make your home buying experience the best it can possibly be. Part 1 - Getting your Financials Straight Credit scores, … (0 comments)
darryl glade: New Orleans Real Estate - Market Report Mar. 08
- 04/15/08 02:17 AM
New Orleans Real Estate - Market Report March 2008 This report focuses on Single Family Homes. March 2008 - 2032 properties for sale in New Orleans. March 2007 - 2402 properties for sale in New Orleans. 204 properties sold in New Orleans in Mar. 2008. 285 properties sold in New Orleans in Mar. 2007 . The average price for sold properties was $221,000 in March 2008. The average price for sold properties was $171,000 in March 2007. The average days on market for sold properties was 105 in March 2008 The average days on market for sold properties was 98 in … (0 comments)
darryl glade: New Orleans Real Estate - Condo Market Report Mar. 08
- 04/15/08 02:15 AM
New Orleans Real Estate - Condo Market Report For March 2008 This report focuses on Condos in New Orleans. March 2008 - 870 condos for sale in New Orleans. March 2007 - 944 condos for sale in New Orleans. 42 condos sold in New Orleans in Mar. 2008. 63 condos sold in New Orleans in Mar. 2007 . The average price for sold condos was $243,000 in March 2008. The average price for sold condos was $225,000 in March 2007. The average days on market for sold condos was 95 in March 2008 The average days on market for sold condos … (0 comments)
darryl glade: New Orleans Real Estate - Homeowner's Insurance Discount?
- 04/04/08 07:31 AM
New Orleans Real Estate - Possible Insurance Discount I just read an interesting article on Nola.com that may be helpful. It discusses a discount for homeowners that have built or renovated their homes in compliance with the State Uniform Construction Code. Have a look: Homes in compliance with code to receive insurance discounts by Rebecca Mowbray, The Times-Picayune Friday April 04, 2008, 1:39 PM Insurance companies are required to file discounts for homeowners who build or retrofit their homes to the State Uniform Construction Code before Jan. 1, 2009, according to the Louisiana Department of Insurance. So far only one company, … (0 comments)
darryl glade: Mortgage Bailout - Here it comes?
- 04/02/08 03:31 AM
New Orleans Real Estate - Government Announces Mortgage Bailout Bills According to CNN, the Senate has announced that it will bring a housing package to the floor as soon as this morning. The exact specifics of the package have not been completely revealed but the focus is incredibly clear…help out the nearly 1.5 million homeowners with sub-prime mortgages that will reset to higher interest rates this year. Once the bills are passed I will discuss each one in depth, but right now I wanted to pose a few questions. First of all, is it the Government’s (ultimately tax-payers) responsibility to bail … (0 comments)
darryl glade: New Orleans Real Estate - Top 5 Most Expensive Homes (Feb. 2008)
- 03/31/08 09:05 AM
New Orleans Real Estate - Top 5 Most Expensive Homes Sold in Feb. 2008 There are some fabulous homes for sale in New Orleans right now. However, you missed the boat on the following 5 homes. Here is a look at the most expensive real estate in New Orleans sold last month. Even though you didn’t buy these gems, you still have plenty to choose from!
5. $1,000,000 - 815 Dauphine - Townhouse with 6 rentals 4. $1,025,000 - 625 St. Charles Ave. Unit 8a - 2400 square foot condo 3. $1,100,000 - 3 Poydras - One River Place Condos … (0 comments)
darryl glade: New Orleans Real Estate (Condos) - Market Report Feb. 2008
- 03/14/08 04:45 AM
New Orleans Real Estate (Condos) Market Report February 2008 This report focuses on Condos in New Orleans. February 2008 - 850 condos for sale in New Orleans. February 2007 - 899 condos for sale in New Orleans. 39 condos sold in New Orleans in Feb. 2008. 34 condos sold in New Orleans in Feb. 2007 . The average price for sold condos was $280,000 in February 2008. The average price for sold condos was $297,000 in February 2007. To Continue Reading: New Orleans Real Estate (Condos) - Market Report Feb. 2008
New Orleans Real Estate (Condos) Report January 2008 You may also be … (0 comments)
darryl glade: New Orleans Real Estate - A "New Louisiana?"
- 03/11/08 02:33 AM
New Orleans Real Estate - Jindal announces a “new Louisiana” For the second straight month, Louisiana Governor Bobby Jindal opened a special session of the Louisiana Legislature. This session is going to be whole lot more fun than the last one (the first special session focused on ethics reform). The politicians get to figure out how to spend a billion dollar surplus and how to cut taxes. The outcome should, according to Jindal, create a “new Louisiana.” Jindal basically wants to spend 75% of the billion dollars on roads, bridges, ports, and flood protection. I am a fan of that! The … (0 comments)
darryl glade: Will Mortgage Rates Go Up or Down in March 2008?
- 03/10/08 04:29 AM
New Orleans Real Estate - Where are Mortgage Rates Going? We are only 10 days into March and we have experienced a very bumpy ride in the mortgage department of real estate. As a Realtor in New Orleans, it have to stay on top of the current mortgage picture to be able to answer my clients’ questions. Based on what we are seeing, my opinion is that mortgage interest rates will remain volatile for the rest of the month. Last week was one of the craziest weeks I have ever experienced in this business! In the end home loan rates increased … (0 comments)
darryl glade: New Orleans Real Estate - Buyer Incentives?
- 03/05/08 02:53 AM
Should you offer buyer incentives to sell your New Orleans Real Estate? While reviewing the latest market trends for our fair city of New Orleans, I noticed all of the incentives that sellers have begun to offer to buyers. It makes sense, doesn’t it? Offer a great incentive to buyers and they will be more likely to come and view your property and then ultimately buy it. Listings in the New Orleans MLS shows many different types of incentives right now: Seller to pay buyer closing costs, first year’s insurance, some amount of condo fees, get a free plasma t.v., … (0 comments)
darryl glade: Top 5 Reasons You Can NOT Sell Your New Orleans Real Estate
- 03/05/08 02:12 AM
Why Can’t You Sell Your New Orleans Real Estate? This is a very difficult real estate market that we are currently facing. We all know that, but what are some of the specific reasons why your property in New Orleans is not selling? Your home is probably not selling for a number of reasons, but I am going to focus on my Top 5 in this blog post. Stay tuned for future New Orleans Real Estate lists. You may also be interested in: New Orleans Real Estate - Top 10 Most Expensive Homes 1. Price - I really could have … (0 comments)
darryl glade: New Orleans Real Estate - The Definitive Blog
- 02/28/08 07:22 AM
New Orleans Real Estate - The Definitive Blog New Orleans real estate is so exciting! Where else can you find the incredible mix of properties New Orleans has to offer? We’ve got large Victorian mansions, loft-style condos, creole cottages, shotguns, French Quarter townhouses and condos, ranch homes in the suburbs, raised basements, camelbacks, doubles, duplexes…the list goes on and on! This blog post is to help direct you through this maze that we call New Orleans real estate. You will find loads of information including neighborhood info, property types, and sale info. As always, you can use my website to … (1 comments)
Everyone wants to buy at the bottom of the market. “Buy low, sell high!” The problem is that you won’t know when the bottom hits until you pass it! Take a look at the graph to the left…That dotted vertical line in the middle of the trough is the exact bottom. As you can see, after the bottom the market goes up! Don’t miss out on this great opportunity to buy New Orleans real estate! The time is now! At some point, we will hit the bottom and all of these great deals … (0 comments)
Born and raised in New Orleans, I know this city and its real estate. Please contact me soon if you are interested in buying or selling property in New Orleans. I look forward to hearing from you!
New Orleans Real Estate - Part 6 - Home Buying Guide - Offer Strategy
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