Foreclosure reduces the value of a home by 27 percent on average, according to a new study from Harvard University and the Massachusetts Institute of Technology. Other kinds of forced sales have less dramatic impacts, the study found. An estate sale after an owner’s death reduces the price of the home by only 5 percent […]
A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more […]
Since we have been posting so many articles about updating your home, this post is here to remind you to take proper precautions to keep your health (and your sanity) intact. In this blistering summer heat, it is very important to be cautious and avoid heat stroke and dehydration. Here’s 5 tips to keep your […]
From REALTOR.com’s Daily Real Estate News Homeowners who want to sell but don’t have a lot of cash to spruce up their properties might consider these tips from Bankrate.com for upgrading a property without spending a fortune. Polish up the kitchen. Add new cabinet door handles, replace lighting and update the faucet set. Unless the […]
As much as we would love every potential buyer to provide plenty of advanced notice before scheduling a showing, that is not always the case. Follow these quick tips to ready your home for its best showing when you have 30 or fewer minutes’ notice. Start where the potential buyers will start: • Make sure […]
1 – Pride in Owning: Most people buy homes to have control over where they live. Although investment features are important, the psychological reasons for buying—the satisfaction of owning and freedom from paying rent—are at least as important. In a survey done by the National Association of REALTORS® of 6,000 homeowners and 2,000 renters—perhaps the […]
The median home values are staying steady and Baton Rouge still has a strong housing market. Even though the Tax Credit deadline has passed there is still some good inventory and low interest rates for home buyers to benefit.