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Home Buying in 70115 : Real Estate Advice

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  • Local Info0
  • Home Buying6
  • Home Selling1
  • Market Conditions1

Activity 128
Mon Jul 22, 2013
Anna M Brocco answered:
In order to determine a fair price, review comps with your agent, recently sold similar properties in the immediate area, see what the data suggests and go from there....
0 votes 7 answers Share Flag
Tue Jul 26, 2016
Suzanne MacDowell answered:
The process is pretty much the same as any other loan but with an additional layer, you have to identify the repairs to be made, get a good cost estimate and identify a licensed contractor to oversee the work. Requirements as to credit and income do not change as far as I know and yes, if the home you were looking at gets sold you can use the loan for a different house. ... more
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Sun May 12, 2013
ian cockburn answered:
What you need is a portfolio analysis.
We do this for clients needing perspective to leverage their money based on current and future needs.

Email us at ian70119@yahoo.com and we can work on a finite plan of action to help you reach your goals and best leverage your money.

Once we have a plan in place we can see the options pertaining to borrowing if need be.
... more
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Thu Jul 25, 2013
Lisa Heindel answered:
Is there a particular area you are interested in? The market is different in each area of the city.
0 votes 6 answers Share Flag
Wed May 1, 2013
Alison Hillman answered:
Hey there,

I would recommend working directly with an agent: http://www.trulia.com/voices/directory/70115-agent--68921

Hope this helps point you in the right direction!

Ali, Community manager ... more
0 votes 3 answers Share Flag
Wed Apr 3, 2013
Tony Grech answered:
Hi Steven
You'd have to read the fine print on any 1st time homebuyer incentives in a county or city, but almost all of these grants/incentives only apply towards owner-occupied homes.
Best of luck!
... more
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Fri Mar 29, 2013
ian cockburn answered:
This all depends on location, condition, size, utility and so many more factors than just location.
Resale value needs to consider yrs or months, time of year sold and so on.

At the end of the day, the highest value for any particular property is dictated by what a Seller is willing to sell for and a buyer is willing to buy for, and what the bank and all the other third parties involved consider value for that property in that location at that particular time period. ... more
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Mon Apr 8, 2013
Wayne Clark answered:
Mon Feb 25, 2013
Lisa Heindel answered:
These are excellent questions for your agent, who can provide you with the property disclosures and the estimates for foundation repairs, along with comparable sales in the neighborhood. ... more
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Thu Aug 1, 2013
Amy Perdomo answered:
Only if you consider producers, directors, A List talent, engineers, physicians, research scientists, and attorneys transients. I have written numerous corporate leases in both the Cotton Mill and Fibre Mill, but would not describe the character of the communities within to be transient. The warehouse distict is one of the hottest investment areas currently, with values steadily climbing. Call me to discuss at your convenience. ... more
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Wed Feb 20, 2013
jaharris641 asked:
Sun Feb 24, 2013
Lisa Heindel answered:
The residential recovery has been good. It's the lack of commercial recovery that is holding the area back.
0 votes 5 answers Share Flag
Wed Feb 6, 2013
Nick Galiano answered:
Hey David,

I'd be more than happy to assist you. Contact me at your convenience at (504) 256-6311 or nickgaliano@aol.com
0 votes 4 answers Share Flag
Fri Feb 15, 2013
Wayne Clark answered:
Hi Shannon,there is a procees to have certain liens wavied or reduced. Its a bit tighter than it use to be because some liens were forgiven but the owners of the property failed to comply.

I am very familiar with the process. It has to be approved by various department and parties. I actually use to work there and help create the process.

If you are in need of assistant or just have questions, please contact me to discuss you needs. I'll be happy to work with you on this.


Wayne Clark
CCS Realty, LLC
New Orleans, La
504-304-2307
clarkconsultingllc@msn.com
Broker
Licensed in the State of Louisiana
... more
0 votes 2 answers Share Flag
Mon Feb 11, 2013
Stephanie Campani answered:
I recently heard, as well as read an article in the Gambit, that it is illegal to do a short term renal less then 2 months in the FQ or 3 months anywhere else in New Orleans without a bed and breakfast permit. This would mean you could still lease your place as long as the term is at least a 2 month lease. I recommend you contact the Vieux Carre commission to verify. The Marigny is an area of town within walking distance of the FQ. ... more
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Wed Jan 16, 2013
Nina Harris answered:
Research online and also contact the local precint for this information. Realtors are not permitted to give this information as it is considered to be steering.
0 votes 1 answer Share Flag
Sun Feb 3, 2013
Donna Pisani answered:
There are 35 condos currently for sale in the warehouse district. Everything from a 1 bed 1 bath for $168,000 to a 2 bed 2 bath at $1,200,000 to a 5 bed 2 bath for $695,000.

What are you looking for. I would be glad to send you some info on condos available that fit your criteria.

Donna Pisani
Keller Williams Realty New Orleans
504-491-2783 cell
... more
0 votes 4 answers Share Flag
Tue Jan 1, 2013
Dan Tabit answered:
Jasmine,
I can only go by what you tell us, but low credit and low income make it very difficult to recommend you buy. The first thing you'll likely need is a down payment. With low credit scores, you may qualify for an FHA loan, which requires 3.5% of the purchase price as down payment. Your monthly payment however will be higher due to the large amount borrowed and the required Mortgage Insurance FHA and other low down payment programs have.
You may be best off focusing on saving money and improving your credit scores. If the house you are thinking about is gone, it wasn't meant to be. Getting your credit straightened out now, while you are young and learning how important it is to keep it that way will pay you huge dividends over your lives together.
... more
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Tue Jan 1, 2013
Lisa Heindel answered:
Duane, this is a question for your lender, who has all of the income information and program guidelines.
0 votes 7 answers Share Flag
Thu Dec 6, 2012
ian cockburn answered:
at this price with the income you ought to get financing. I will drop you a line and show you how I financed triplexes...they are my favorite flavour
0 votes 1 answer Share Flag
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