Be careful who you open your doors to at your “open house,” some drug addicts are now trying to score at real estate showings.The pain pill addicts are scouring the Sunday paper for open houses dressing up as potential buyers, and then showing up hoping to score. The value of some of the drugs found…
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This past Sunday in the local newspaper, the Times Picayune, ran an article in the Real Estate Section about how to make an offer and not to make low offers because sellers might get insulted. Dear Mr. Seller please keep the emotion out of it. A buyer who is placing an offer on your home…
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The National Flood Insurance will expire on May 31st and Hurricane Season begins June 1st. This program expires every six months or so and is usually resigned either the night before the expiration or a few days after. This manages to cause great havoc and anxiety for buyers and sellers who have property transfers the…
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What should a buyer do if their agent is on vacation and they want to see a house? I got a call this weekend from a buyer who saw a new house come on the market in an area she had been searching for 2 years. Her agent apparently travels quite a bit and leaves…
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Currently there are 49 active single family homes on the market in the Uptown area of New Orleans. During the month of April, 2012 15 properties sold. There is an absorption rate of 3.5 months in this area and that indicates a strong seller’s market. This area is experiencing what is being reported around the…
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This past week the multiple listing service (MLS) for the greater New Orleans area and its’ suburbs, Gulf South Real Estate Information Network (GSREIN), instituted new rules that will become effective on May 1 2012. The new rules dictate how many pictures will be required for listings, 10 for a property in excellent condition and 5 for…
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Real Estate is local. Very local. A few years ago I moved to the New Orleans area from New York and in New York buyer brokerage while originally rejected is now the norm. In New York a buyer’s broker represented their buyer and has a fiduciary responsibility to protect their buyer’s interests. In New York…
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Saturday, March 17, and Sunday, March 18, 2012 Earth Fest is a New Orleans family tradition and a great way to learn about saving the environment. Exhibitors representing groups from the non-profit and governmental sectors as well as businesses involved with environmental issues will help Zoo visitors answer questions for prizes on the Earth Quest…
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Often buyers now will view a home and because they have a camera phone it is very easy for them to take pictures as they go. If you are selling your New Orleans Home there are several things to consider and there are a lot of different views on whether this should be allowed. If…
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