In the past few weeks we have had the same discussion with several New Orleans area homeowners. All of the conversations revolved around concerns with putting their home on the market during what is perceived as a slow season for real estate. Selling a home in New Orleans during the holiday season has many distinct benefits. From experience over the years, we have seen this time of year as a huge opportunity for selling a home in New Orleans. Lenders in the New Orleans area are indicating that this week has been … [Read more...]
No Down Payment Financing in Slidell, Mandeville, and Covington – All of St Tammany Parish Now Eligible!
No down payment - 100% financing in St Tammany No penalty for pre-payment Maximum income limits apply All of St Tammany Parish is now eligible Less up front cash required vs. FHA loans 640 Minimum Credit Score This is a great loan option for Buyers looking to purchase a home. Why continue renting when you can own a home for less than your monthly rent payment? No Down Payment Financing in Slidell, Mandeville, Covington, Madisonville, Pearl River, Abita Springs, and Lacombe Rural Development Financing … [Read more...]
Not All ‘Buyers’ Are Able to Buy
Pre-Qualification vs Pre-Approval When a Buyer provides a pre-approval or pre-qualification letter, do you know the difference? Pre-Qualification Letter Prospective Buyers will often present a Seller with a pre-qualification letter to demonstrate their ability to obtain financing. However, most sellers do not realize a pre-qualification letter is NOT the same as a pre-approval. Receiving a pre-qualification letter simply means that the Buyer told the lender that they have good credit and make a particular … [Read more...]
First Time Home Buyer Grant Money Now Available in St. Tammany
St. Tammany Parish Soft Second Program Provides 100% Financing - First Time Home Buyer Grant Program First time home buyer grant money is now available to assist buyers with purchasing their dream home in St. Tammany Parish. A qualified purchaser will receive a Soft-Second Loan for 20% of the purchase price up to $30,000 available for down payment and up to $5,000 for closing cost based on need. Maximum Purchase Price $200,000 for qualified home buyers to purchase a new or existing home for Single family or 2-unit … [Read more...]