The banks are offering those really low interest rates on mortgages to those buyer's who have really high credit scores and having a lower score will cost you more monthly because of a higher interest rate. When you see advertised rates in the 3.5% range those rates will to the borrower's with excellent credit. “If you don’t have good … [Read more...]
Rules would bring greater transparency to the mortgage market WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) outlined rules it is considering that would simplify mortgage points and fees and bring greater transparency to the mortgage loan origination market. These rules, which the CFPB expects to propose this summer … [Read more...]
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 wants to buy it and it is the skill of the agent you hire … [Read more...]
As you search for properties or to find someone to list your house with you will come across terms that may seem a bit confusing. Not sure that it matters much however I thought it would be helpful to explain some of these terms. So here goes. Brokers and Salespersons We are licensed by the States where we sell real estate. Those states … [Read more...]
From the Times Picayune this morning: "Mayor Mitch Landrieu announced a new program Thursday to encourage developers to build homes on spec for families of modest means, who will be eligible for a "soft-second" mortgage subsidy when the home is complete. The program will tap into $52.3 million in federal aid passed down from the state". To … [Read more...]
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 a … [Read more...]
Location, Location! Overview Maps Photos Description Neighborhood $120,000 Single Family Home Main Features 3 Bedrooms2 BathroomsInterior: 1,250 sqftLot: 0.23 acre(s) Location 605 Honore DriveJefferson, LA 70121USA To get … [Read more...]
Miriam Bernstein, CRS
Associate Broker and REALTOR®
RE/MAX N.O. Properties
New Orleans, LA 70118
504-908-2268 (C)
504-866-7733 (O)
504-207-5253 (efax)
Each Office is Independently Owned and Operated
Licensed by the Louisiana Real Estate Commission
Licensed in the State of New York
© Copyright 2012 Miriam Bernstein. All rights reserved. RE/MAX N.O.Properties does Business in Accordance with Federal & Local Fair Housing Laws. 
