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Mortgage Rates have recently hit a 7 year high. What is the reason for the increase? Well anytime the economy is good you can expect the rates to go up. There are countless reasons why but to keep it simple here is the low down: Better than expected economic...
Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking much about it. Living within a budget right now will help you save money for down payments while also paying down other...
Real Estate with MARILYN BOUDREAUX In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to...
Real Estate with MARILYN BOUDREAUX Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for...
There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COS The price...
Dual Agency is representation allowed by the Louisiana Real Estate Commission wherein a Realtor who has been contracted to represent a Seller may also represent a Buyer on the same listed property. It is very common in Southwest Louisiana for a Realtor to be in a...
Since the implementation of the new integrated disclosures commonly referred to as TRID (TILA-RESPA) , the Loan Estimate Disclosure Form and the Closing Disclosure Form are now the documents that are associated with closings and home sales. Will lenders allow repair...
Do you remember your first home purchase? This was the first home I purchased in Lake Charles, LA in 1983 and where I started my family. I can remember how rich it felt to have a 3 bedroom 2 bath brick home on a slab with a backyard, in a neighborhood with...
First time home buyers and investors are attracted to foreclosures and HUD Homes because the price seems like such a good deal. If you are a CASH buyer HUD Homes are a good deal if the return on your investment can be recouped with a "flip". As a Realtor in Lake...
