Month: April 2012

“I Will Probably Get A Raise Next Year” Is No Way To Plan A Denham Springs Housing Budget

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Wisdom for First-Time Home Buyers What’s the quickest way to turn the American Dream into a nightmare? Buy more house than your CURRENT budget affords. Think a high car note for five years is tough? Try a mortgage payment you can’t afford for the next 360 months. Working with first-time buyers I hear this logic often. Sure we only make 2,000 a month now but next year I will be due for a fat raise. Once we are earning 3,300 a month this note will be a breeze. Like a cynical old billy goat I ask the obvious question…….read the Continue reading “I Will Probably Get A Raise Next Year” Is No Way To Plan A Denham Springs Housing Budget→

Denham Springs FHA Appraisers 2012 Report On Easterly Lakes Subdivision 70706

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https://www.denhamspringsappraisers.com/– Denham Springs FHA Appraisers 2012 Report On Easterly Lakes Subdivision 70706. Easterly Lakes values aren’t nearly what they used to be and won’t return to post Hurricane Katrina pricing anytime soon! Sales activity is very slow in 2012. However, there are 3 pending or under contract listings. And, a Real Estate Investors not so great a success in Easterly Lakes all below. I’m currently working on Pre-Listing Appraisal where the buyer in 2006 will take a substantial loss selling in 2012. Solds from 01/01/2011 to 12/31/2011 revealed: Average Sales Price: $233,200 Average Sold Price Per Sq. Ft.: $97 Median Continue reading Denham Springs FHA Appraisers 2012 Report On Easterly Lakes Subdivision 70706→

Revised FEMA flood maps impact thousands of Livingston Parish home owners

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DENHAM SPRINGS — Despite questions about their accuracy, new federal flood insurance rate maps will go into effect Tuesday, affecting thousands of Livingston Parish homeowners. Many people whose homes have never flooded will be required by their mortgage companies to buy insurance that could cost more than $1,000 a year. Meanwhile, others who have long been required to purchase flood insurance may no longer be required to do so, according to the Federal Emergency Management Agency. Parish President Layton Ricks questioned the accuracy of the new maps, which he said may force many people to buy insurance unnecessarily.  Read the Continue reading Revised FEMA flood maps impact thousands of Livingston Parish home owners→