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Pat Wattam

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Displaying blog entries 1-10 of 198

Why Should I Get Pre-Approved for a Loan?

by Pat Wattam

As a home buyer, here are a few reasons you should apply for a loan and obtain approval before you begin looking at homes:

1.  You will know in advance what your monthly payments will be.

2.  You won't waste time considering homes you can't aafford.

3.  You can select the best loan package without being under pressure.

4.  Sellers will view your offer more favorably if they know in advance of your ability to secure financing.

5.  Peace of mind!

What You Should Know About Title Insurance

by Pat Wattam

Here are a few tips that might be helpful regarding title insurance:

1.  Your mortgage lender will require it.  Title insurance protects the lender from defects in the title to your home and property.  

2.  It protects your ownership right to your home.  

3.  The seller usually pays for the insurance.

4.  It is based on the price of the property and is a one-time cost.

5.  Discounts on premiums may be available if you purchased your home within only a few years.  You can check this out with the title company.

Family Entertainment

by Pat Wattam

Looking for something fun the family with enjoy?  Mary Poppins begins playing at the Baton Rouge Little Theater tomorrow, Friday, for only $28 per ticket.  The play runs through Oct. 5th with Saturday and Sunday matinees.  Don't miss out!

Should I Use a Realtor?

by Pat Wattam

Let's face it, buying or selling a home can be a major financial and emotional undertaking. To take away some of that stress, enlisting the services of a Realtor can be of great benefit.  Here are a few reasons to work with a Realtor:

1. A Realtor can guide you through the process. You want to avoid costly mistakes or delays and the realtor can prepare the best deal for you.

2. A Realtor can find the best property on the market.  Sometimes property you may be looking for is available but it may not be actively advertised.  Your Realtor is willing to do some investigation to find all available properties.

3. A Realtor can help with determining your buying power.  By providing your Realtor with basic information about your available income, savings, current debt, they can refer you to the best lenders to suit your needs.

4. A Realtor can help with negotiating.  Financing, price, terms date of possession and sometimes repairs of equipment are among some of the negotating factors. 

5. A Realtor can help close the sale of the home.  Questions can (and usually) arise between the initial sales agreement and closing (or settlement).  Your Realtor is the best person to objectively help you resolve these issues and move the transaction to closing.

Fall Fridays in Baton Rouge

by Pat Wattam

For a great way to start your weekend in downtown Baton Rouge, check out Live After Five.

The concerts run from Sept. 25 to Oct. 24.  This series of free outdoor concerts will include music from Mark Broussard, Chris LeBlanc, Flotide, the LSU Jazz Assemble Horns, and more.  Don't miss these fun and free things to do in Baton Rouge.  

Mistakes First-Time Home Buyers Make

by Pat Wattam

Did you know there are five common mistakes that first-time home buyers make?  

1.  Not asking enough questions of their lender.  This causes the buyer to miss out on the best deal available to them.

2.  Taking too long to make a decision about buying the house.  This could cause the buyer to lose their dream home to someone else.

3.  Not finding a real estate representative willing to focus on the needs of the buyer and walking them through the process.

4.  Not making an offer appealing to the seller.

5.  On average, a first-time home buyer stays in the home for four years.  They don't consider the resale of the home before they buy.

There are many homes you can search when trying to find that right one!  

 

How to Search for a New Home

by Pat Wattam

As a Buyer Specialist for The Pat Wattam Team at Remax First, buying a home can be overwhelming.  Below are some tips that may help:

1.  Take time to do some research. What specific features are you looking for in a home, is there a particular area or neighborhood you want to be in, how much can you spend on a montly note.

2.  Be reasonable.  Don't be unreasonable about your expectations.  Make a list of priorities to use as a guide when looking at different properties.  Keep in mind, no home is perfect.

3.  Put all finances in order.  Get a copy of your credit report and make sure you have enough money for a downpayment and closing costs.  Once that's done, contact your lender to get preapproved for a mortgage loan.  This will let you know what price range you fall into and not be disappointed in seeing a property you cannot afford.

4.  Keep opinions of others at a minimum.  We all value the opinions of others, but keep it to one or two people - those you value the most.  Getting more than that, will only create uncertainty on your part.  You need to make the final decision on your own.

5.  What is your timeline for moving.  Are you currently renting?  When is the lease up and are you able to sublet?  How is the rental market in your area?  These things will help determine when you should actually make that move.

6.  What is long term goal.  Is this a first home for you with the hopes of upgrading in a few years or are you looking to buy and stay there for a longer period?  Knowing this will let you know what type of home to look for and what type of mortgage would work best for you.

7.  Home inspections are very important.  Insist on getting a home Inspection.  Get a warranty for one year if possible from the seller.

8.  Solicit the help from a REALTOR.  By enlisting the services of a real estate professional specializing in buyer representation, you are ensured that the representative is working only for you.  Commission payments for buyer's represtntatives are usually paid out of the seller's costs.

 

Baton Rouge has lots of homes for sale.  Please contact me, Debbie Morvant, at 225-298-6901, when you are ready to make that move!

 

What Does It Take to Join the Pat Wattam Team?

by Pat Wattam

A lot of agents ask me about joining the Pat Wattam Team but once they find out what is involved, it is usually too much for them!  A new member has to embody the standards that have made us so successful - honest, hard working, ethical, and a burning desire to succeed and help our clients make their real estate dreams come true.  

We'd like to welcome our newest addition, Debbie Morvant, Realtor!  I have known Debbie for many years through our tennis club (most of my team members play tennis!!) and we have talked many times about One day.......  Well, her 'one day' is here ..... please welcome her to the team!  Her direct line is 225-298-6901.

4th of July In and Around Baton Rouge

by Pat Wattam

We have so many ways to celebrate the 4th here in Baton Rouge, LA - in fact, you can go to the surrounding towns and catch their celebration and be home for fireworks on the Mississippi!  A couple of my favs:

1.  Start your day in Clinton for their Red, White and Blueberry Festival in the downtown area on the grounds of the Clinton American Legion Hall.  Craft village and market, live music, softball tournament, art booths, gospel groups, patriotic music, fireworks.  (This event continues on Saturday)

2.  Plaquemine starts their July 4th Hometown Celebration today from 3 pm.- 9 p.m.  at the Bayou Plaquemine Waterfront Park on  Foundry Street.  A patriotic boat parade begins at 4:30.  food, crafts, rides, music and game booths too!  Music starts at 6 and a jitterbug contest at 7.  Fireworks at 9 p.m.

3.  Port Allen - a great place to watch fireworks over the Mississippi River (unless you are like me and try to time driving over the Mississippi Bridge just in time to catch fireworks - very cool from that high up!).  Activities start a 4 p.m. at the Old Ferry Land Park at Court Street and the Mississippi River levee.  Music starts at 7 and runs to 10:30.  There's face painting, magicians, clowns and a spacwak - plus, vendors selling food.  

4.  Baton Rouge Star Spangled Declaration of Independence starts at the USS Kidd from 11 - 4 p.m.  Patriotic music will run throughout the day, a flag ceremony is at noon, there's an inflatable obstacle course, a toddler bounce house, face painters, ballonist, patriotic arts and crafts, plate luch sale.  Not to be missed at 6 p.m. at the First Baptist Church on Convention will be the Festival of Freedom Musical event with combined choir and orchestras from several churches in town.  Then the Baton Rouge Concert Band presents it free July4th concert on the Capitol steps at 7:30.  The fireworks on the mississippi presented by WBR starts at 9 p.m.  Anywhere on the levy is good viewing - or spend $150 a person and watch it from the Shaw center - dinner included!

5. Then Saturday, take in the False River Boat Parade in New Roads.  Starts at 1 p.m. at the Morrison Parkway Boat Launch - this includes water balloon fights!!!! The parade conincides with the River Rhyths Fest so you will have fireworks Saturday as well!!!

Have a Safe and Happy 4th of July, Louisiana Style!!

 

 

 

 

 False River Boat Parade in New Roads (45 minutes from Baton Rouge).

Year to Date Market Stats!

by Pat Wattam

The general real estate market for the Greater Baton Rouge Area is moving along nicely!  With interest rates remaining low, the demand for housing continues.  Here is a quick snapshot, year to date, of our entire market as well as the 3 parishes we mainly serve.

Pay particular attention to the list to sales price ratio when making an offer on a house.

Call the Pat Wattam Team any time for a free consulation - whether you are selling or buying - let us guide you! 

Displaying blog entries 1-10 of 198

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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