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Metairie, LA Real Estate News

By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
                                      Are you a full-time professional real estate agent? How long have you worked full time in real estate? How long have you been representing buyers? What professional designations do you have?Knowing whether or not your agent practices full time can help you determine potential scheduling conflicts and his or her commitment to your transaction. As with any profession, the number of years a person has been in the business does not necessarily reflect the level of service you can expect, but it is a good starting point for your discussion. The same issue can apply to professional designations. Do you have a personal assistant, team or staff to handle different parts of the purchase? What are their names and how will each of them help me in my transacti...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
                        In earlier eras, a would-be Metairie or New Orleans home buyer had few tools to aid in the task of finding a home that was ‘just right.’ Today, the situation has gotten a good deal easier thanks to a wealth of real estate apps that home buyers simply download onto their mobile devices. There are apps that can help you with everything from finding your dream home (and determining how much you can afford) to learning more about the neighborhood. Home Buyer Terminology Every home buyer is inevitably exposed to a welter of technical terms—and some of them have meanings that differ from what you would guess. Trying to decipher the jargon is a challenge you can shortcut with a good app dedicated to the task. Android users can download Relmark’s Glossary Real Estate Te...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
  View Homes For Sale in Metairie View Homes For Sale in New Orleans         Even before you are presented with the sheaf of paperwork that accompanies the signing of your first mortgage, if you are a Metairie or New Orleans first-time home buyer, you will have already learned about closing costs—the fees and charges that pay for various parts of creating the mortgage loan. Included in closing costs are sums that can vary from inconsequential (chump change) to head-turners (“whaaaat th-?”). You’ll want to be prepared in advance for what the line items cover.   That’s where the “Good Faith Estimate” comes in. It’s a detailed document that is issued in advance; it’s a heads-up that estimates closing costs you’ll pay when you buy your new Metairie or New Orleans home. The GFE varies consi...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
  View Homes For Sale in Metairie View Homes For Sale in New Orleans   When it comes to home sales, looks do matter. Once a home comes onto the market, how soon it moves can depend on its location, design, quality of construction—not to mention how well it’s been maintained, the neighborhood, school district…it’s the sum of at least a dozen contributing factors. But when it comes to Metairie and New Orleans home sales, looks now matter more than ever before. Making sure a home is camera-ready could well be the most important single thing a homeowner can do before listing a house for sale in Metairie or New Orleans this fall. It’s in the Numbers The 2013 National Association of Realtors® survey found that a decisive 92% of all home buyers use the web to search for a home. That’s more th...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
Terez B. Harris goes to sale on Four more properties! Terez B. Harris – Terez Harris NOLA Real Estate Group – Keller Williams Realty New Orleans - Four more successful closings for the month of August!     PRLog - Aug. 28, 2014 - NEW ORLEANS -- 104 Gloria Court in Montz, LA-  Very happy sellers had a very successful closing this month. They wanted to buy a larger home in their subdivision, Country Cottage. They had to first sell in order to buy their new beautiful home, which can be tricky. With the help and coordination of Terez B. Harris – Terez Harris NOLA Real Estate Group – Keller Williams Realty New Orleans -  they were able to achieve their dreams.119 Jenny Court in Montz, LA- After getting their home under contract, Terez's clients where ready to search for their next purchase. ...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
Terez B. Harris spreads awareness of available Mortgage Assistance through Jefferson Parish.     There is Mortgage Assistance available in Jefferson Parish!     You DO NOT need to be a First Time Home Buyer!       3% and 4% Assistance based on Current Market Rate.       Income Limits: $69,345       Purchase Price Limits: $287,500       3% and 4% Assistance can be applied towards Down Payment, Closing Costs, and/or pre-paids.       Property must be in the Parish of Jefferson.       Loan must be FHA or VA.       Property must be Single Family Residence.       Credit Score must be 640 or above.       Assistance is Grant and DOES NOT need to be Repaid.       Must occupy property within 60 days of the closing.         CALL ME FOR MORE INFORMATION! 504-296-2619     View Homes For Sale in New...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in New Orleans View Homes For Sale in Metairie When you begin scouring the Metairie or New Orleans listings for a new home, the cost of the home appears to be right there at the top: the asking price. All the other details about the property are there, too, but they usually get close attention only after that dollar amount at the top falls within (well, is at least close to) your target number. But as soon as the shopping starts to narrow the field, the financial implications of those other details begin to reveal themselves. Good thing! In fact, the true bottom line cost of your new Metairie or New Orleans home will be greatly affected by them. Many buyers work with the details exactly as presented—but as a purchase grows more likely, they should consider them simp...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in New Orleans View Homes For Sale in Metairie A crucial part of selling your New Orleans or Metairie home comes right at the outset—when you set your asking price. It boils down to a decision to go high (the I-love-this-place-and-gotta-have-it-no-matter-what price); or low, with a number that is just under neighborhood comparables (the I’d-better-snap-this-up-before-someone-else-does price). Success in selling your home quickly is commonly understood to correspond with the lower price strategy, it’s true. But are there ever reasons why you would want to set a price that’s significantly higher than your neighborhood usually commands? Is there EVER a right time? Although the common wisdom for selling your home is a pretty firm ‘NEVER!’—but there might be some possibl...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in New Orleans View Homes For Sale in Metairie   “You never get a second chance to make a first impression.” It’s a saying that job applicants (at least the successful ones) take to heart. It’s why a lot of serious primping goes on before a blind date. It’s why movie directors spend as much time as it takes to light and prepare the first shot that will introduce their lead actress. And if you’re going to have a house for sale in Metairie or New Orleans this summer, it’s why it’s worth it to take pains to make its first impression as strong as possible. Making any Metairie or New Orleans house for sale’s debut a success doesn’t have to break your back or your bank account. Here are some simple, affordable projects that can be done in a single weekend: Update Exterior...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
1720 Old Metairie St. Metairie, LA 70001 $249,000   Beautiful town home living! Quaint neighborhood in Old Metairie with easy access to down town and Metairie. Totally renovated kitchen and bathrooms. Hardwood flooring throughout the downstairs area. Over sized master bedroom with plenty of closet space. Flood insurance not an issue hear, only$567 annually with full coverage! Off street parking with attached garage. Enjoy the beautiful oak trees in the neighborhood!   View more information about this home! or Call Terez B. Harris at (504)297-2619          What originally attracted the owners to this home was the desirable location and easy maintenance.         The owner's favorite aspects of the home are the hardwood floors and high ceilings on the first floor. They have spent a lot of...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in New Orleans View Homes For Sale in Metairie There is encouraging news for some prospective homeowners with a Metairie or New Orleansforeclosure in their recent past: more common sense seems to have entered the picture. The financial crisis that began in 2007 caused global disarray: across the U.S. (Metairie and New Orleans were no exception), large numbers of responsible homeowners were clobbered by the fallout, often finding their incomes suddenly reduced or even obliterated as business cutbacks and closings reverberated through the economy. The Metairie and New Orleans foreclosure rate jumped as a direct result—and it’s taken quite a while for the effects of that to work through the system. But even after the economy has resumed something like normal activity, m...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in Metairie, LA When home prices in Metairie are on the rise, one side effect is that first-time homebuyers may run into a financing obstacle. Although the stricter lending standards of the past few years have been easing somewhat, it still can be difficult for some folks (younger buyers, especially) to purchase the Metairiehome they have in their sights. In that situation, an alternative to a traditional bank mortgage is seller financing. Many prospective buyers know little about the details that make up a seller financing agreement, and how it can–or cannot—help them secure a home. What Seller Financing Is… It’s as simple as the words themselves. When part or all of the purchase price of a property is carried by the current owner rather than a bank, it is consider...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
  409 N Howard Ave. Metairie, LA 70003 FOR SALE  $169,000   View More Information About This Home     Some factors that originally attracted the owners to this home include; the large bonus room in the back, the large back yard, and two full bathrooms.     The owners found that most of their time has been spent in the bonus living room. There is lots of space for entertaining and spending time together as a family in one room.     The owners renovated the master bathroom to make it more of a spa-like retreat.     They added on a deck, patio, and covered pergola, which has made the back yard a great place to grill and entertain.     This was the owners' first home and where they brought home their first baby. They will miss all the memories they made in the home.     They will also miss ...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Property For Sale in Metairie, LA  When any investor first begins to mull over the idea of acquiring a rental property in Metairie, it’s usually in competition with an array of other investment types—each with its inherent plusses and minuses. Some of them are new ideas (new technology company stocks; new forms of commercial exchange)—but real estate is definitely not one of those. It may not be innovative, but being a landlord has always been one of the leading sources of passive income.   What is exciting about rental property is why it has always been recognized as a sound investment. When the income from a Metairierental property is able to pay for its own underlying mortgage, it self-propels its growing equity. The rental property’s investment value grows as the loan is paid ...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in Metairie, LA Especially when it comes to major decisions like buying or selling your home, human nature seems to tilt toward delaying action until it’s the end result is absolutely certain. After all, nobody wants to make a life-changing move that turns out to be anything short of fantastic! So even when you’ve outgrown your current home…or found yourself in a daily long-distance commute because work has moved…or any number of other reasons why you know you should be looking for a new house…it can be difficult to commit to such a looming decision. Adding to that is one of the most common assumptions many Metairiehomeowners believe: that they have to spend a boatload of money to increase their home value. The truth is: it ain’t so! You can strategically update you...
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By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
    Market Report Zip Code 70006 This is a year to year approach on activity in the 70006 Zip Code, Metairie, La.  Residential Market Report       NEW LISTINGS HOME SOLD AVG PRICE DAY ON MARKET 5/1/2014 17 12 252K 84 5/1/2013 15 14 205K 58                       CONDO MARKET REPORT         NEW LISTINGS CONDO SOLD AVG PRICE DAY ON MARKET 5/1/2014 11 2 937K 48 5/1/2013 4 1 139K 147   Looking for a new home. Work with a Realtor who can get the new listings information in your hand fast. Homes for Sale in Metairie and Kenner, LA. which are priced right do not last long. You have to work with a Realtor who will put you in the forefront so you don't miss your new home.  Click here for listing information to be sent to you the instance it hits the market. There is no Cost for this service.    W...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in Metairie, LA Estimates so far indicate that summer 2014 is likely to be a better than usual season for Metairie home sales. The past winter threw a wet blanket over all kinds of business activity, creating a perfect scenario for a sales bounce back—and that’s exactly what is beginning to show up in the stats. As Bloomberg News reported last week, sales of homes “climbed in April for the first time in three months…the biggest in six months…” If you will be taking advantage of the uptick by listing your property for this summer’s market, having an open house in Metairie is a prime way to attract prospective buyers. With a little focus and energy, getting your home in shape can be easier than you might imagine. The checklist is short: Landscaping The place to begin ...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in Metairie, LA  When Metairie residents hear about floods, images of homes tumbling into the sea or half-submerged along the banks of a raging river probably leap to mind. But the risk of flooding isn’t confined to those headline-grabbing catastrophes—which is why the recent passage by Congress and signing by the President of the Homeowner Flood Insurance Affordability Act (HFIAA) will be of interest to many people thinking of buying a home. Sellers are required by law to disclose if a property is in an officially-designated flood zone; and banks typically check this information as well. While it can certainly be off-putting to be informed of this when buying a home, the availability of flood insurance can keep it from being a deal-breaker. But “available” doesn’t ...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in Metairie, LA As the days grow longer and the thermometer rises, everyone wants to start spending more time outdoors—to make full use of our yards and patios. But what if your Metairie home is going to be on the market this summer? Does it mean you have to stop enjoying yourself, stop entertaining guests, just because you want to keep the place in showable condition? The answer is, of course, of course not. Using the outdoor spaces of your home means striking a balance between living your life and ensuring everything is in top condition when buyers come calling. It’s actually a staging opportunity, because most of your prospective buyers will be favorably impressed if your outdoor staging areas make it easy to picture themselves enjoying our beautiful Metairie summ...
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By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
View Homes For Sale in Metairie, LA The sunny attitude that encourages entrepreneurs to look at a box of lemons and think ‘lemonade!’ is widely admired, and it does seem to be a viewpoint that successful people cultivate. For anyone who is determined to sell their Metairie property—but only at a price the market is not yet willing to pay—well, the turn-lemons-into-lemonade situation is entirely apt. After all, smart investors are buying up and renting properties like yours quite deliberately because they realize that a Metairie rental home is not just an asset that can appreciate over time, but one that can also produce income at the same time.  Whatever your own reason for renting, when you put a rental home in Metairie on the market, experienced landlords tend to prepare in the same ...
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