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The Pat Wattam Team Stands Ready to Assist

by Blake Hanna

With the horrible time our state is facing, it's easy to think you are alone. YOU ARE NOT ALONE. Our team has a wealth of resources available and we are here to help you. If you need home repair, we hae people we can put you in touch with. If you have questions about flood insurance, call us now and we'll make sure your questions are answered. If your home was flooded and you don't have flood insurance, call us now. There is relief available. If you need to make a home purchase or find a place to rent immediately, we can help. We stand ready to help however we can in these difficult times. 

The Pat Wattam Team is ready to assist you!

We have several vacant homes for sale right now that would make for an easy move. Call us now to find out more! (225)298-6900

These are priced between $130k-180k


Pre-qualification vs. Pre-Approval - Baton Rouge Real Estate

by Blake Hanna

Pre-Qualified

Getting pre-qualified is the first step you should take after finding a Realtor you like and trust. It's highly recommended as it's let's you know where you stand financially and if you can in fact obtain financing to buy a home. You supply a bank or lender with your overall financial picture, including your debt, income and assets. After evaluating this information, a lender can give you an idea of the mortgage amount for which you qualify. Pre-qualification can be done over the phone, on the internet, or in person, and there is usually no cost involved. Loan pre-qualification does not include an analysis of your credit report or an in-depth look at your ability to purchase a home.

The initial pre-qualification step allows you to discuss any goals or needs you may have regarding your mortgage with your lender. At this point, a lender can explain your various mortgage options and recommend the type that might be best suited to your situation.

Getting pre-qualified for a loan gives you an idea of how much you might qualify to borrow. You have not actually applied for a loan and the mortgage lender has only your word on your income, assets and liabilities. None of your information has been verified, the loan amount is in no way guaranteed. You may be given a pre-qualification letter that merely states you are likely to be approved for a mortgage.

Pre-Approved

Getting pre-approved is the next step, and it tends to be much more involved. You'll complete an official mortgage application and supply the lender with the necessary documentation to perform an extensive check on your financial background and current credit rating  From this, the lender can tell you the specific mortgage amount for which you are approved. You'll also have a better idea of the interest rate you will be charged on the loan and, in some cases, you might be able to lock in a specific rate.

Getting pre-approved  means that not only have you given the mortgage lender information on your income, assets, and liabilities, but your information has been checked and verified. The mortgage lender may also have pulled your credit report to learn about your credit history and credit-worthiness.

Blake Hanna, Realtor

225-298-6900

[email protected]

The Pat Wattam Team

RE/MAX First

12 Reasons To Use a Realtor

by Blake Hanna

12 Reasons You Should Use a REALTOR

1. Determine Buying Power

2. Home Search Assistance

3. Objective Property Information

4. Price Negoatiation

5. Management of Property Evaluation

6. Identification of Qaulified Lenders and Finacing Options

7. Smooth Closing Process

8. Up-to-date Selling Information

9. Marketing Assistance

10. Connections to Selling Networks

11. Objective Evaluation of Buyer's Proposal

12. Closing Assistance


Blake Hanna, Realtor

The Pat Wattam Team

RE/MAX First

225-298-6903

[email protected]

 

*Source-fsbonightmares.com

3 Staging Tips - Baton Rouge Real Estate

by Blake Hanna

3 Staging Tips

 

  1. It's a good idea to de-clutter your house. We recommend using plastic bins to put items away. Go through your house and pack away things you don't need, don't use and clean areas that are messy. Clean off counters and tables throughout the house so that only the necessities remain.

  2. It's also a good idea to de-personalize the house. It's okay to have a few family items but the majority should be put away. A few pictures is all you need. You want to give the person viewing your house the idea that it could be their house.

  3. Curb Appeal and First Impressions are important. And the very first impression they receive is when they pull into your driveway.If you have children, clean up their toys. If you have shrubs, prune them. Lay fresh mulch. Put some grass seed on the bare spots in your yard. Paint your foundation. Plant some flowers. After all, you pull into your driveway almost everyday of your life.

Tips for First Time Home Buyers - Baton Rouge Real Estate

by Blake Hanna

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.

Buy Instead of Renting - The Pat Wattam Team

by Blake Hanna

Buy Instead of Rent

 

1. Savings and Equity

When you are renting a home, you pay your monthly rent check and that money is gone forever. When buying a home, every mortgage payment you make builds equity in your home and gets you closer to full ownership.

 

2. Interest Rates

With interest rates still low, now is a great time to buy and take advantage of the rates before they rise.

3. Tax Breaks

Everyone dreads tax season. The homeowner can deduct the real estate property tax, some or all of the interest on the mortgage, and the cost of insurance for the property.

 

4. Stability

A homeowner pays the same every month/year when they have a fixed rate mortgage, giving the owner a sense of stability. A renter may be faced with rent increases with the cost of living. Owning a home gives you stability in that your payment will not change regardless of the increase of cost of living.

 

5. Freedom

Unlike renters, homeowners have the right to make structural and aesthetic changes to their home and yard as they want.

Interest Rates on the Rise

by Blake Hanna

You probably have read or noticed that mortgage rates are on the rise. This isn't the time to shy away from buying a house, this is the time to take advantage of the rates while they are still low. If you are unsure, have questions, or need help, that's what we are here for!

We offer a free consultation for anyone wanting to learn about the home buying process and all that it entails. It's free! It's a chance for you to meet with someone one on one to discuss your needs and wants and to understand what it taked to buy a house! Did I mention it's free? It's FREE!

Contact us today!

Blake Hanna, Realtor

The Pat Wattam Team - Re/Max First

225-298-6903

[email protected]

Thursday, October 15, 2015
Late-Romantics
7:30 PM River Center Theatre
Join Maestro Muffitt and BRSO in exploring two monumental post-romantic composers and their work: Elgar and his Cello Concerto and Rachmaninoff’s breathtaking Symphony number 2. World-renowned cellist Gary Hoffman performs the Elgar Concerto in his Baton Rouge debut.

MOZART                   Overture to The Impressario, K. 486
ELGAR                      Cello Concerto in E minor, Op. 85
RACHMANINOFF   Symphony No. 2 in E minor, Op. 27

Need a Vendor? We have Recommendations! Baton Rouge Real Estate

by Blake Hanna

Need someone for your A/C, electrical systems, painting, roof or something else?

We have plenty of reccomendations when  it comes to vendors. Here are few to start. If you need something else, contact us!

          AIR CONDITIONING

Able Air Conditioning and Heating 
Locally owned and operated, DeAnn Clementson have provided my customers as well as myself with great service over the years. They provide 24 hours service. For more information on sales, service and Installation of all makes and models, both residential and commercial please contact them at 225-261-2121.

          FINANCIAL PLANNERS

McMakin Financial For full service brokerage including asset management, financial planning, estate planning, retirement planning call Wally McMakin at 225-926-9585

          HOME REPAIR AND REMODELING

Todd Millett Home Remodeling  Just about any repair you need call Todd at 225-413-3565

INSPECTION COMPANIES

 Advantage Services, Inc. For home inspections and verification service, call Kevin Dinkel, owner. With over 9000 inspections completed, Kevin is one of the top inspectors in Baton Rouge. Whether structural, mechanical, environmental, synthetic stucco, eifs, or drivit, call Kevin today to set up your inspection. 225-753-8114

 Michael LeBas & Associates  Structural reports from an engineer's perspective!  

225-761-8121  www.MLAEngineers.com

Blake Hanna, Realtor

The Pat Wattam - RE/MAX First

225-298-6903

[email protected]

Mortgage Calculators

If you have been looking for some good calculators for home financing, debt, etc, below are a few tools you can use. If you need any further information or are confused as to what financial assistance you may be eligible for, please feel free to contact us!

There are a ton of other mortgage/tax/insurance calculators at MortgageCalc.com.

Blake Hanna, Realtor

The Pat Wattam - RE/MAX First

225-298-6903

[email protected]

Displaying blog entries 1-10 of 31

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Photo of Pat Wattam Real Estate
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