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...]
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...]
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...]
The difference between a Client and a Customer is a very important concept to understand for consumers. As a client you are our primary obligation. We have a fiduciary obligation to you and your interests. As a customer you are not "represented" by us but will receive information but not advice. From the Louisiana Real Estate … [Read more...]
The following the 2011 Comprehensive Housing Report issued by the Department of Housing and Urban Development (HUD). They do not issue these reports annually and so the announcement by GE to bring 300 jobs into the New Orleans area and the construction of the new hospital and research facility with an anticipated increase in employment of 18000 … [Read more...]
HUD has played a lead role in administering the Fair Housing Act since its adoption in 1968. The 1988 amendments, however, have greatly increased the Department's enforcement role. First, the newly protected classes have proven significant sources of new complaints. Second, HUD's expanded enforcement role took the Department beyond investigation … [Read more...]
Condominium ownership is different from other forms of home ownership. Your homeowner’s association has specific responsibilities regarding the management of your condominium. Your association or developer will provide you with documents and information about those responsibilities. In order to obtain FHA insurance on an individual condominium … [Read more...]
You’ve done your online searches, watched the markets, downloaded apps, and looked at a variety of real estate data on your laptop, smartphone, etc. You might even consider yourself a “tech-savvy” individual. But when it comes to Realtors, are you making the right choice for the job? Are you working with a tech-savvy Realtor? Just a few … [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. 
