Thinking about buying a home in the New Orleans area? Are you a first time homebuyer? Worried about security, fixing a house, mowing the lawn and all that drama associated with owning a home? If you are a first time homebuyer, try on this for size:
1) Check your credit...over 650 you can probably qualify
2) You are a first time homebuyer
3) You have $2500 or more to put towards closing costs
4) You want a home that is at least 2 bedrooms, with 2 pools, a gym, comes with a washer/dryer, granite countertops.
5) You want it in a gated community, new everything, with a free 1 yr warranty paid for by the seller
6) You want it in Metarie.
7) You want it now, (or in at least 2 weeks).
8) You want low condo fees of $200 or less.
9)You want to put $8000 in your pocket in the next 10 weeks
10) If this is you, call me, Ian at (504)615-2333 and I can show you how I can make this all work for you.
I will show you where, how and when you can get this deal. I can show you what there is available, and how to leverage yourself to get out of rental world and into home ownership. The clock is ticking...if you do not close in the next 30 days, you will not have time to close/buy anything in time before this free money expires!
Too many times to count a whole lot of us would be discussing the state of the world and the state on New Orleans real estate and end the conversation with nothing of substance. So much of our community rebuilding is in generalities..as is commentary on Real estate nationwide.
The Best Real Estate values in New Orleans is a page I created on Facebook to bridge the truth and reality from heresay and too many cocktails.
I am determined to bring truth in advertising by promoting any and everything I see that can offer value in terms of Real estate in the New Orleans...then take specfic properties that are not neccessarily my listings and show how and why they would make good investments. The examples include single family homes to commercial properties.
Our marketplace is unique...unique architectural styles, people...relationships that define who we are as a New Orleans community. As such the only way to understand the constant changes in weather and real estate prices and value is to step back and watch the changes over time. You the reader steps back and I will summarize for you.
When one is ready to buy or sell, we understand each other, and the steady careful approach to make you part of the best of New Orleans real estate.
1) Find a duplex / 2 unit property in decent condition good enough to get an FHA loan.
2) Look at the price points in your area, but make your basis in $100,000.00 increments.
3) You will need $4,000.00 per $100,000.00...so if the property is $100K, you need $4000 for downpayment, $200K, need $8000.00 downpayment.
4) So on a $200K duplex you need $8K down
5) At the end of the year you get $8K back from Uncle Obama.
6) So Uncle Obama just gave you the money for the downpayment...CHI-CHING!!
7) You bought a duplex right? ..with one of the units in the New Orleans area getting you at least $800 per month.
8) So at $800 per month, that is $9600 per year income.
9) Now also get "money back"/tax deduction for the milage, and those trips to Home Depot, and half the money for half the paint when you spruced up the outside of the house...(since 1/2 the house's expenses are tax deductible. Then, half the flowers are tax deductible, and half the insurance, etc....see your tax person for THAT gravy money.
10) There are more means and methods to systematically build wealth when buying a house...so get rid of the fancy car payment, stop watching TV, (those ads drive you to spend) and get your credit score above 680.
iansellsnola.com
So I already have 1001 reasons to love living in New Orleans...here are 75000 more reasons to love this place.
For 1st time homebuyers, you can get $65,000.00 towards closing, and afraid of the insurance hit? Get $10,000.00 towards closing costs including the insurance!
You need at least 3.5% down, but what a heck of an investment! If you buy a $200K property, you get that downpayment money back from Uncle Obama at tax time...and you thought you didn't have a rich uncle!
There is a specific process to applying and proceeding working the deal which if structured right essentially makes you get a "no money down" deal if looked at over a 1 year time period perspective.
So if you think good food, wonderful people, and something fun to do every weekend is not enough for your lifestyle as a renter...how about getting some equity in the greatest country in the world.
...and if you buy a duplex/double, I can show you how to make even MORE money taking advantage of this...coming soon.
Here is a link to the $65K money:
Come reside in this wonderful place to call home.
Hardwood floors, custom cabinetry on granite countertops. Brand new appliances compliment the ceramic tiled and hardwood floors. Details abound as lighted by quality ceiling fans and recessed lighting throughout.
Priced to rent at only $950.00 per month.
Call Ian at 615-2333 to make an appointment.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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