There are many questions about the real estate market in Baton Rouge right now. Are there any good homes for sale? Can I get financing? Will I be able to sell my home? Yes, there are great homes for sale in the current Baton Rouge market, but they are still hard to find and require [...]
Entries from February 2009
Baton Rouge Real Estate Brief for 2009
Feb. 2nd, 2009
Call for More Regulation of Letting Agents
Feb. 2nd, 2009
The provisions of the Consumers, Estate Agents and Redress Act 2007 should be extended to lettings and management agents recommends Professor Colin Jones’s Review of Regulation and Redress in the UK Housing Market published by the Department for Business. Professor Colin Jones, of Heriot-Watt University took into consideration the problems across the housing sector that [...]
What You Need To Know About Real Estate IRA Investment Options
Feb. 2nd, 2009
You know that a real estate IRA opens the door to many investment opportunities not available with traditional IRA types, but you may not know exactly how many options you really have. This article will highlight some possible investment opportunities for holders of real estate IRAs. You may consider investing in commercial properties. Hotel development, [...]
Secrets Of Making Big Money With Short Sales
Feb. 2nd, 2009
In the current depressed real estate market, it is not a good idea to buy property at the market rate and then find out that rates have slid even further. However, it does make sense to pick up homes of unfortunate homeowners who have become victims to the sub-prime crisis. A short sale basically means [...]
Mortgage Equity Withdrawal – Are Americans Addicted to It?
Feb. 2nd, 2009
Much of the money homeowners borrowed fueled consumer spending and reinforced poor financial management techniques. It was common during the bubble rally for people to run up enormous credit card bills then refinance every year and pay them off. It is foolish enough to finance consumer spending, but it is even more foolish to pay [...]
Judicial and Non-Judicial Foreclosure – What Is the Difference?
Feb. 1st, 2009
When a borrower cannot repay a loan, the lender may or may not be able to sue the borrower to collect any shortfall. The key difference is whether or not the loan is classified as a recourse loan or a non-recourse loan. If the loan is recourse, meaning the lender can go after any shortfall, [...]
How Does A Home Equity Loan Work
Feb. 1st, 2009
A home equity loan is a secured loan and the collateral is the equity in your house. If you default on the loan repayments then your house may be repossessed. Benefits of being secured Being a secured loan it has several benefits attached with it. First you will have a lower interest rates and secondly [...]
What a Real Estate Agent Will Do for You
Feb. 1st, 2009
A residential real estate agent will offer you several key services that can help you buy or sell a property. There may be a few cases where you might be better off without one, but in most situations you will find their services invaluable. Helpful in Buyer’s and Seller’s Markets In a seller’s market, you [...]
Real Estate-Easy to Use Tips for Selling in Today’s Market!
Feb. 1st, 2009
If you are trying to sell today, there are several important things to know and do in order to get the house sold. Here are four tips to selling your piece of real estate in a buyer’s market: 1. Be Realistic The most essential part of getting your home sold in this real estate market [...]
Real Estate Agent: A Successful Working Relationship With A Residential Realtor
Feb. 1st, 2009
A real estate agent is the person you hire to help you buy or sell your home. Beyond that simple statement of information, many people do not know what working with an broker means and what it entails. Here is a detailed list of how to successfully work with a residential realtor. Understand the Legal [...]