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Realtor and Friend for Life

by Blake Hanna

I've always enjoyed making new friends anywhere, anytime. Whether it was through my musical endeavors, school, or in random places, I've always liked meeting new people and learning about them. Being in the Real Estate business has given me the unique opportunity of meeting new people all the time as well as helping them with one of the most important decisions of their lives. Throughout the process you get to know your clients and learn all about them and they get to learn about you. No client I work with is just another "deal." The look they have when they get the keys to their home is a great reward. Through staying in touch, I've hung out with, attended events, played on sports teams and even been invited to weddings of my past clients. Not only do I strive to be their Realtor for life, but also their friend.

A Winning Team

by Debbie Hanna

I have been an avid sports fan all my life, not only watching, but participating. These days, I play tennis & just joined a softball team. I LOVE the competition and of course, WINNING! There's also a great feeling at the end of a match or game when you share that moment with your teammate(s). All of the hardwork & persistence has paid off and everyone has had a great experience! 

It's the same experience when I work with Buyers in the purchase of their home. Together, we form a Team, and at the end of that long match -  from the home search to the contract to the closing, and everything inbetween - we WIN!  Such a great feeling & now they are in the home of their dreams!

If you want to be on my Winning Team, give me a call & lets get started! 225-772-3662

-Practicing for Broadmoor Methodist Softball

Take Time to Smell the Roses

by Pat Wattam

A fellow REALTOR passed away last week while on vacation with his family.  He was only 44.  It was a massive heart attack.  I know everyone works hard in order to provide for our families and ourselves.  But sometimes it's better to let someone else do the heavy lifting and you take time to smell the roses.  Life passes by quickly - especially, it seems, the older we get.  When I was younger, my husband and I would do all the work on our house - sweating in the heat painting the exterior, building decks, etc. My husband is very handy and can do a lot of work just as well as many contractors.  However, at our age, do we really want to spend our time doing repairs instead of enjoing life.  The question is, even if you have the time, and if money isn't the issue,  why wouldn't you hire a professional to do the work so that you can enjoy the day - and face it, they will get the work done faster which means I can get the home sold quicker and you get your money faster!!!!  I remember Roger was rebuilding our deck at one of our former homes.  Two years later it wasn't finished (and it will be standing long after that home is gone!) and we sold the house.  I had to remind him the buyer would like that deck finished before closing.  A contractor would have had it done in days!!  

As your REALTOR, one of the benefits to you  is what all we do for our clients.   The Pat Wattam Team's standard procedure is basically: you get the house ready for us to sell, then you are done.  Enjoy yourself.  Take a vacation (the house will probably sell while you are away!) and let us handle all the details.  Call The Pat Wattam Team today to go to work for you - and you go smell the roses!

Things to Consider for Real Estate Investors

by Bill Arey

Investing in real estate can be very profitable over the long run. Here are a few things to consider:

 

1. Have adequate insurance and liability protection in case of a lawsuit. Consider getting an umbrella policy in at least a dollar figure that completely covers assets. Umbrella policies are relatively inexpensive.  


2. Pass along costs. Most landlords typically pay real estate taxes, maintenance when equipment or housing parts break, and building insurance. Long-term renters may cover utilities, daily/weekly maintenance such as mowing and trash pick up, and insurance protection for their possessions.


3. Specify rules and regulations in writing.  Whether you say yes or no to pets is a personal decision, but know that such restrictions will limit the pool of renters. When it comes to the number of people permitted, you can limit that too, but many communities have guidelines that state no more than two people per bedroom, so know the local laws.

   

4. Plan for the worst case scenario. There is strong demand for affordable rental real estate in our Market, but economic/business conditions can change quickly. Typical challenges that can arise are unit vacancies, unpaid or delinquent rent, and unexpected repair costs. A realistic operating budget will factor in expense line items to have such contingencies covered. 

 

Bill Arey

The Pat Wattam Team

ReMax First

Quick Tips for the 1st Time Home Buyers

by Blake Hanna

3 Quick Tips for the First Time Home Buyer

 

1. Know What You Want

You are about to make one of the most important decisions and one of the biggest commitments in your life, so you had better be clear on what you want. The home buying process can be difficult, so don't add stress by not being prepared. Make sure you've thought through what you are looking for and what you are willing to compromise on so that the transaction will go as smooth as possible.

 

2. Finances- Talk to a Lender

Browsing homes on the internet and making lists of all things you would love in your first house is a great first step, but unless you are paying cash or qualify for a loan you are just window shopping. Having a lender assess your finances will let you know if you can afford to buy a house and for how much. You may have to work on your finances, but you also may qualify for more than you think. It's great to do this first so that you don't end up wasting your time. The lender will also be able to let you know what you need to do to get qualified.

 

3. Find a Great REALTOR®

Finding a good Realtor can save you time, money and help to make the transaction as smooth and stress-free as possible. A good Realtor® is an effective negotiator and will probably get you more house for your money than if you went at it alone. They will also listen to your wants and needs, help you narrow down the areas and houses to look at, and help you to find what your are really looking for.

Blake Hanna, Realtor

225-298-6903

[email protected]

Assessing Storm Damage

by Pat Wattam

Tips on Assessing Storm Damage

 

Storms are no stranger to us in Louisiana. Kevin Dinkel, from Advantage Services,  gives a quick guide on what to do in case of bad thunderstorms during the summer and how to survey for storm damage.

 1- Clean Up Your Debris 

2- Check for Roof Damage or Holes in the Roof 

3- Check Flashings Around Wind Turbines 

4- Check Your Chimney - Check the Rain Covers 

6- View External Electrical Wires Watch the video for the detailed demonstration. 

At the Pat Wattam Team we have called on Kevin many times after a hurricane to help us quickly assess what condition our vacant homes are in so that we can report back to our sellers.  These are great tips for all of us to pay attention to, since we seem to be having more thunder/hail/wind storms!  

Control Termites

by Pat Wattam

 

Having trouble viewing this email?Click here 
We're the Extra Mile Team, and our goal at Advantage Services is to provide the best 
inspection and verification services to the real estate industry, including realtors, 
homeowners, buyers and sellers. Call us today for a consultation, and make us part of 
your team. 
LHI #10050 
Contact Us 
Advantage Services 
18028 Jefferson Highway, Baton 
Rouge, LA 70817 
(225) 753-8114 
(225) 753-6509 
Join Our Mailing List 
Treat Tree Stumps and Debris in Your Area to 
Control Termite Entry 
In areas of the country where termites are 
common, it is easy to find them in the ground or in 
debris near a property structure. For example, a 
tree stump that has not been treated to control or 
prevent termite entry into your home, should be 
under close watch for termite activity. 
Don't want the hassle? You can contact us today to 
implement our termite control program. 
Remember, subterranean termites nest in the 
 ground and forage for food, including cellulose and 
wood, over areas up to a half acre or more in size. 
There is a high probability that if they are detected 
close to your property they will eventually infest its 
structure - if they have not done so already. 
Beginning a treatment program will have a great 
impact on the colony or its continued search for 
new food sources. Contact our pest management 
lead, Jeff Richards, for an inspection and learn 
more about your control options. 
Inspector Tips: Assessing Storm 
Damage 
Storms are no stranger to us in Louisiana. Kevin 
Dinkel gives a quick guide on what to do in case of 
bad thunderstorms during the summer and how to 
survey for storm damage. 
1- Clean Up Your Debris 
2- Check for Roof Damage or Holes in the Roof 
3- Check Flashings Around Wind Turbines 
4- Check Your Chimney 
5- Check the Rain Covers 
6- View External Electrical Wires 
Watch the video for the detailed demonstration. 
We appreciate you and your business. Again, it's 
our goal to be your trusted resource for home 
inspections and pest control in Baton Rouge and 
surrounding areas. 
Sincerely, 
The Extra Mile Team 
Advantage Services has a team of technicians with over 26 years of 
experience. Contact us today to work with some of the most trusted 
inspectors in the Baton Rouge area! 
Forward Our Info! 
This email was sent to [email protected] by [email protected]
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Advantage Services | 18028 Jefferson Highway | Baton Rouge | LA | 70817

 

Here are some great tips on controlling termites from one of my favorite companies, Advantage Services.

Treat Tree Stumps and Debris in Your Area to Control Termite Entry 

In areas of the country where termites are common, it is easy to find them in the ground or in debris near a property structure. For example, a tree stump that has not been treated to control or prevent termite entry into your home, should be under close watch for termite activity.  Remember, subterranean termites nest in the   ground and forage for food, including cellulose and wood, over areas up to a half acre or more in size. There is a high probability that if they are detected close to your property they will eventually infest its structure - if they have not done so already. Beginning a treatment program will have a great impact on the colony or its continued search for new food sources. Contact our pest management lead, Jeff Richards, for an inspection and learn more about your control options. 

The Extra Mile Team Advantage Services has a team of technicians with over 26 years of experience. Contact us today to work with some of the most trusted inspectors in the Baton Rouge area! Forward Our Info! This email was sent to [email protected] by [email protected] | Update Profile/Email Address | Rapid removal with SafeUnsubscribe™ | Privacy Policy. Advantage Services | 18028 Jefferson Highway | Baton Rouge | LA | 70817

When Do You Know it's Time To Accept The Offer

by Pat Wattam

Knowing when to stop negotiating and accept an offer is one of the most difficult things a buyer and seller have to decide.  When negotiations go on too long, then one party gets tired of the process, perceives the other party as difficult to work with, and walks away.  What causes this to happen?  Typically, a buyer finds a home they like and decide to put in an offer.  But perhaps they feel the house is over priced, or is over priced for the condition, of they just like to negotiate because nothing is worth asking price, or, maybe it's all they can afford (my thought here is to look in your price range and not HOPE some seller will come down to what you can afford!).  

Let's address these items:

1.  A seller does not plan to over price their house.  They believe, and hopefully their agent guided them, that they have priced their home in alignment with the Market.  Or, as in many cases I have seen recently, the seller had their house appraised and that is the value the appraiser suggested to them.  But the buyer has looked at other houses and feels based on what they have seen, that though they like the house, they don't want to over pay.  My thought to the buyer - if you like the house, pay for the house.  If you are getting a loan, believe me, these days the lenders won't let a buyer overpay.  Appraisals are tough these days because of the past meltdown, nobody wants to be left with your house to sell if you default on the loan!

2.  The condition of the house is taken into account when pricing a property.  A seller looks at the comps with their agent and tries to find the ones in a similiar condition.  To a buyer, even though the house may be priced right, they are thinking about all the cash they will have to spend out of their pocket to bring the house up to what they want.  So, even though the house is priced to sell in the current condition, they don't perceive it that way.  This is a hard one to solve because the seller doesn't want to reduce the price any more and the buyer thinks they need to deduct for the cost of updating.  The easiest solution, most sellers don't like this one, is to update the house and price it accordingly.  For the buyer, if you really need the money to do the repairs, RAISE the price of the house, get the seller to pay a redecorating allowance (will have to be paid directly to vendors, not to buyer - unless it is done in the form of closing costs).

3.  Everybody likes to negotiate - except the seller.  To determine if this is a good house to negotiate on, see how long the house has been on the market and how long since the last price reduction.  If it has been recently reduced, don't expect a lot of negotiation from the seller.  And if it just came on the market, and it's a great house, you won't see much negoation going on!

I hope these tips help you on your next home purchase.  If you are buying or selling, the Pat Wattam Team will help you make the best decisions based on the items above. Call us for a free consultation anytime.  225-298-6900.

Neal Family Blues Exhibit

by Pat Wattam

The West Baton Rouge Museum showcases the Neal Family musical legacy in an exhibt commorating the music  of Raful Neal and his family.  Blues musicians Jacie Neal, Kenny Neal, and Raful Neal - known as the Godfather of Baton Rouge Blues, who have all passed away, have their legacy on showcase at the West Baotn Rouge Museum thruough Sunday , July 12.  Hours are 10 am - 4:30 p.m. Tuesday through Saturday and 2 - 5 p.m. n Sundays.  Admission $ Adults and $2 for seniors or students.  Their names could been seen on many jukeboxes back in the day.  The exhibit has photos, a lits of songs on the jukebox form Parker's Lounge in Point Coupee Parish, and many authentic items loaned by the family, including their early guitars.  Should be a good time for the whole family!

Renting or Owning - What is Best?

by Bill Arey

There is no simple answer to the question........ Is it better to rent or own? The answer lies in your time horizon, your lifestyle, and your financial makeup. A general rule of thumb is how long to do plan to live in the location? If the answer is less than 3 - 5 years, renting may be the best option. Listed below are the reasons to choose one over the other.  

Buying a home is probably best if:

  • You want bigger tax breaks
  • You want to build equity over time
  • You want your mortgage payments to stay the same (fixed rate mortgage)
  • You want more privacy and living space

Renting is probably best if:

  • You want the flexibility to move
  • You are still building good credit
  • You are concerned about losing money on a property
  • You want access to amenities like fitness rooms and pool
 
Bill Arey
The Pat Wattam Team
ReMax First
 

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Pat Wattam
RE/MAX First, Independently Owned and Operated
4750 Sherwood Common
Baton Rouge LA 70816
Office Direct: 225-298-6900
Office Main: 225-291-1234
Fax: 225-295-1234

RE/MAX First
Each Office Independently Owned and Operated
Main: 225-291-1234

Licensed by the Louisiana Real Estate Commission