Wayne Turner with Turner Real Estate Group in Mandeville, La. discusses how St. Tammany homeowners can get the most out of their real estate investment.
These videos are part of the first segment of "The Daily Real", a new real estate show that highlights the hot topics of everything real estate. This show benefits not only St. Tammany home sellers and buyers, but also those in Tangipahoa and on the Southshore of New Orleans as well!
In this video, Wayne goes over real estate taxes and how to get more back. Wayne explains if you're paying $8,000/year in interest and make $50,000 - that $8,000 is deduced for your taxable income.
Wayne also gives some helpful info about Turner Real Estate Group, which is located at the foot of the Causeway Bridge in Mandeville, La. One of the perks of buying or selling a home with Turner Real Estate Group is "buy or sell your home with me, use our moving trucks for free". That's right - we have moving trucks for our customers!
Another perk of working with Turner Real Estate Group is the first time home buyer party. It's something Wayne offers as a client appreciation "welcome home" housewarming party, where Wayne has the party catered, a door prize, and a small gathering for friends and family. This applies but isn't limited to St. Tammany and Tangipahoa including Slidell, Mandeville, Covington, Hammond, and Ponchatoula.
Ready to buy, but need to sell first? Here's a great resource on why listing with Turner Real Estate Group is beneficial to you: http://www.CallWayneTurner.com/-seeing-it-sold.
Wayne is often asked how people are able to move up to larger, nicer homes. The answer to that is use your equity! If every few years a home owner moves, the equity from the sale can be applied to the new home - that's how people move up without drastically changing their monthy mortgage payment.
At that time a homeowner can also sometimes avoid PMI (Private Mortgage Insurance). MIP (Monthly Insurance Premium) is the amount that the lender requires to be paid if you do not hold 20% or more in equity. MIP is the monthly payment for PMI. This protects the lender should a person not make their payments and their home is foreclosed on.
Your monthly note actually protects the lender against a potential loss. If you can buy a home, sell it with positive equity, move up and pay over 20% down - you can avoid that monthly MIP payment.
To search for a home by subdivision, visit www.WayneTurner.com/search-by-st-tammany-subdivisions.php.
In this segment of "The Daily Real", Wayne goes over what happens when a homeowner decides to sell their home. The property is put into the MLS local realtor database. From that, home buyers are able to see the property on a variety of websites like Realtor.com, Zillow, etc.
On our website, www.LocalNorthshoreRealEstate.com, we give home buyers complete access to the MLS realtor database. We make it real simple by having it all organized - whether you want a house, condo, or land. The site updates every hour on the hour. Make sure to check it out for the latest and greatest properties in our local market!
Thanks so much for tuning in to the first episode of "The Daily Real"! For more info on living in St. Tammany, check out these websites on each city's page:
City of Mandeville: http://www.cityofmandeville.com/
City of Slidell: http://myslidell.com/
City of Covington: http://www.covla.com/