Home Sellers And Buyers Lose Money or Pay Too Much Without Pre-Listing or Pre-Purchase Appraisal

denham springs

Denham Springs Mardi Gras Parade Videos 2011


http://www.denhamspringsrealestateminute.com/ – Denham Springs Mardi Gras Parade Videos 2011

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Denham Springs Juban Parc Home Appraisers: Juban Parc building, principal brand new


http://www.jubanparcappraiser.com/ – Denham Springs Juban Parc Home Appraisers: Juban Parc building, principal brand new

Faimon A. Roberts, with The Advocate newspaper, has a report on the new Juban Parc Junior High School Principal and new building. The article is located here and a snippet is below:

liv+principal+92310“DENHAM SPRINGS — The first impression one gets upon entering Juban Parc Junior High School in southern Denham Springs is newness.

The building looks new, feels new, it even smells new. And it should. Juban Parc Junior High opened this fall, welcoming more than 500 students to its pristine campus on Brown Road.

That newness goes right to the top with Principal Jeff Frizell.

Though this is the first principal job for Frizell, his connection to Livingston Parish schools stretches back a ways.

He has been working in parish schools since receiving his bachelor’s degree from Southeastern Louisiana University in the mid-90’s, moving into administration after earning his master’s, also from SLU, in 2006. Before coming to Juban Parc, Frizell was an assistant principal at Denham Springs High School.

The principal then, Kelly Jones, said Frizell showed immediate promise.”

Denham Springs Juban Parc Junior High School (1)

Denham Springs South Point August 2010 Update: Number of Sales And Price Per Sq. Ft. Down!


http://www.southpointappraiser.com/ – Denham Springs South Point August 2010 Update: Number of Sales And Price Per Sq. Ft. Down! There was only 1 sale in August 2010. Sold Price Per Sq. Ft. Down $7.66/sf in 2010 or -8%.

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AUGUST 8/1/2010 to 8/31/2010: Only 1 GBRMLS Sale. 23944 Teakwood Dr, with 1,134sf sold for $106,500 or $94/sf.

YEAR-TO-DATE SOLDS:

Solds In South Point from 1/1/2010 to 8/31/2010 revealed:
Average Sales Price: $147,476
Average Sold Price Per Sq. Ft.: $88.24 (Avg through 8/09 $95.90)
Median Sold Price: $149,500
Number of Sales: 21
Average Days On Market: 85
Low To High: $106,500 to $198,500
Number of Sold REO/Foreclosures Noted In MLS: 5

NUMBER OF SALES IN 2010 VERSUS 2009: -12.5% Decline

In The Number Of Sales From 1/1/09 – 8/31/09 to 1/1/10 – 8/31/10. In 2009 there were 24 sales at this point and in 2010 there have been 21 sales. So, there have been 3 less sales or -12.5% in home sales volume.

CURRENT LISTINGS AS OF 9/8/2010:

Current # GBRMLS Listings: 22, 1 REO/Foreclosure Listing
Current Listings Prices: $115,000 To $198,900, Average $90/sf.

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NOTE: Data Used With Permission of the GBRAR GBRMLS. Data was extracted on 9/8/2010 from periods 1/1/2010 through 9/8/2010.

Don’t Let ‘Floppers’ Flip Your Greater Baton Rouge House


http://www.batonrougerealestatebuzz.com/ – Don’t Let ‘Floppers’ Flip Your Greater Baton Rouge House!

baton-rouge-real-estate-floppersHousing Watch Dot Com has an interesting article on “Short-Sale Flopping“! Read the entire article here: Don’t Let ‘Floppers’ Flip Your House. Buzz has provided a few snippets below.

“Looking to get rid of a house that’s underwater? If you’re stuck with a home that’s worth less than your mortgage, you could be bait for a new scam that’s just starting to take hold called short-sale “flopping.”

A flopper drives down the price of your home so that the lender will allow the borrower to sell your home for less than it’s worth. “You have to have an appraiser involved for this [scam] to be successful,” says Griff Straw, president of Solidifi. Straw does not think “flopping” can be successful without an appraiser who’s willing to undervalue the property.

Once the flopper gets an agreement for the short sale he then finds a buyer (or may already have a buyer lined up) who will buy the property for thousands of dollars more. The lender takes the loss — and possibly even the homeowner who agreed to the short sale, if there wasn’t a protection against being sued by the lender for a deficiency judgment.

You could be left holding the bag for thousands of dollars if the short sale isn’t handled in a way that protects you from getting hit with a deficiency judgment. (That’s when the bank chases you for any shortfall.) You can be protected with a short-sale contract, but you need to work with a reputable real estate lawyer when you negotiate with the bank. So if someone approaches you with a quick deal to get out of your house, be cautious.”

Image Source: Getty Images and Housingwatch.com.

Livingston Board of Realtors Housing Market Update Numbers Released For September 2010


http://www.batonrougerealestatebuzz.com/ – Livingston Board of Realtors Housing Market Update Numbers Released For September 2010

Click Below To Enlarge The Numbers!

 

To Read The LBOR 2010 Newletters, Click Below!

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Denham Springs Housing Statistics: South Point Subdivision Report For August 2010


http://www.southpointappraiser.com/ – Denham Springs Housing Statistics: South Point Subdivision August 2010

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Solds In South Point from 1/2010 to 8/31/2010 revealed:
Average Sales Price: $147,476
Average Sold Price Sq. Ft.: $88/sf (-$5.33/sf Decline From 2009)
Median Sold Price: $149,500 (+4,500 Increase From 2009)
Number of Sales: 21
Low To High: $106,500 to $198,500
Number of Sold REO/Foreclosures Noted In MLS: 5
Current # Listings: 26 (NOTE: MORE LISTINGS THAN SALES)
Current Listings Prices: $103,500 To $198,900

The BIG Change is that while the Median Sales Price has increased +8.1%, the Average Sold Price Per Sq. Ft. has declined by -$5.33/sf. And, there’s more listings now than total sales in all of 2010.

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Denham Springs Real Estate Buzz: Greystone Golf Home For Sale 25600 Oakmont Ct 70726


realtystudiohdhttp://www.batonrougerealestatebuzz.com/ – Denham Springs Real Estate Buzz: Greystone Golf Home For Sale 25600 Oakmont Ct 70726.

Kevin DeLaune, with RealtyStudioHD, delivers a new pro video listing for Coldwell Banker One Denham Springs Location Broker, Kayla Johnson.

Make sure you switch from “360p” to “480p” for higher quality! Enjoy!

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Denham Springs Home Appraisers: Denham Springs Antique District Rated Third In The South By AAA Southern Traveler


http://www.denhamspringsappraisers.com/ – Denham Springs Antique District Rated Third In The South By AAA Southern Traveler

The following below is directly quoted from The Livingston Parish News Mobile Section.

Denham Springs Antique District“DENHAM SPRINGS – Introducing the South’s Best Antique Districts: New Orleans, Natchez and Denham Springs. That’s right, Denham Springs.

These cities are rated one-two-three in a poll published this month in AAA Southern Traveler.

More than 1,300 ballots from members of the nation’s largest motor travel club were used to determine what places were their favorites to visit, eat, play and shop. The bi-monthly magazine circulates to 220,000 American Automobile Association member households.

“That’s amazing,” said Al Bye, president of the Denham Springs Antique Merchants Association. “I’m pretty proud of that because I’ve been working with the association 10 years now. It was always good, but we have really banded together as merchants to make it a unique antique district. That’s because we want to get people to come back. Our business depends on it.”

The famous stretch of antique stores along Magazine and Royal streets in New Orleans were far and away the most popular, followed by the historic river city of Natchez in Mississippi. Yet then came small town Denham Springs, which has been quietly growing its reputation for flair in recent years, receiving similar recognition in other tourism forums.

“A very big congratulations to the Denham Antique District,” Mayor Jimmy Durbin said. “A designation like this does not happen without hard work by the Antique District Merchants Association and Denham Springs Mainstreet.”

Donna Jennings, the Mainstreet program director, said the recognition is part of a larger trend of improvements that will soon see upgraded paver brick sidewalks downtown – construction beginning next week – and a street park developed by volunteer organizations next to Old City Hall on Mattie Street.

“When you have a dedicated mayor and council determined to keep that area thriving, then a merchant’s association and a main street committee, it works,” she said.”

Denham Springs FHA Appraisers: Richmond Place Mid Year 2010 Housing Report


http://www.denhamspringslarealestate.net/ – Denham Springs FHA Appraisers: Richmond Place 70706 Mid Year 2010 Housing Report

Richmond Place DS Sign

Solds In Richmond Place from 1/2009 to 7/3/2010 revealed:
Average Sales Price: $156,505
Average Sold Price Per Sq. Ft.: $87/sf
Median Sold Price: $161,950
Number of Sales: 28
Low To High: $123,000 to $185,000
Number of Sold REO/Foreclosures Noted In MLS: 3
Current # Listings: 16, 2 Are Foreclosures
Current Listings Prices: $119,000 To $195,000

9984 PETERSBURG DR

Author’s Bio:

Denham Springs Accurate Valuations Group Home Appraiser

Bill Cobb is Greater Baton Rouge’s home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 18 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:

Office: 225-293-1500, Cell: 225-953-0638

Fax: 1-866-663-6065

info@accuratevg.com

http://www.accuratevg.com/

Data Used With Permission of the GBRAR MLS. Data was extracted on 7/3/2010 from periods 1/1/2009 through 7/3/2010.

Denham Springs Home Appraisers: Westminster Estates Mid Year 2010 Report


http://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers: Westminster Estates Mid Year 2010 Report

11280 Abbey Ln

Solds In Westminster Estates from 1/2009 to 7/02/2010 revealed:
Average Sales Price: $155,838
Average Sold Price Per Sq. Ft.: $92.76/sf
Median Sold Price: $151,250
Number of Sales: 18
Low To High: $121,900 to $189,900
Number of Sold REO/Foreclosures Noted In MLS: 2
Current # Listings: 9
Current Listings Prices: $138,500 To $165,000

Westminster Entrance Sign

Data used with permission of GBRAR MLS. Data extraction date 7/2/2010.

Author’s Bio:

Bill Cobb Accurate Valuations Group Large Background

Bill Cobb is Greater Baton Rouge’s reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 18 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:

Office: 225-293-1500, Cell: 225-953-0638

Fax: 1-866-663-6065

info@accuratevg.com

http://www.denhamspringsappraisers.com/

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