The housing market is shifting in Southwest Louisiana. Thanks to expansions in the industrial, gaming and entertainment fields, we’ll welcome a record number of new residents to our area in the upcoming years. There are new apartment complexes and subdivisions under construction to help meet these demands, but if the demand is greater than the supply, our market could tighten considerably.
Here are a few tips to get ahead of the housing game:
Know what kind you need. Make a list of needs vs. wants. Clearly define what is definitely required compared to what you would like. You’ll save valuable time in your search by deciding ahead of time things that are worth compromising and things that are deal breakers.
Work with a real estate professional. Be honest about your needs vs. wants, your budget, and your timeframe. They’ll be able to help you with any questions regarding neighborhood history, school districts, and other helpful information. They’ll also be your expert resource throughout the negotiation and transaction. Relying on a qualified real estate professional can smooth out the road blocks that could threaten to derail your search.
Get your finances in order. Check your credit report to be sure there isn’t a financial matter that needs to be handled; it could lower your score. Develop a relationship with a loan officer and get pre-approved for a home loan. This will tell you how much you are able to borrow. It doesn’t mean you have to borrow the entire amount; but you’ll know the price range that will work well for your budget.
Finding the best home for your situation can happen quickly, but it usually takes persistence and patience. We’re ready to help you find the perfect choice.