Denham Springs Louisiana Real Estate Buzz!

Archive for November, 2009

http://batonrougerealestateappraisers.net/ - Fannie Mae Tightens Greater Baton Rouge Underwriting Criteria

According to the Louisiana Realtors eNews Digest, Fannie Mae is tightening underwriting guidelines. The Fannie Mae Tightens article is here!

Here’s a snippet:

“Fannie Mae is tightening its underwriting criteria by raising the minimum credit score for automated underwriting (Desktop Underwriter) from 580 to at least 620 for all loans, justified on the grounds that this action “will support prudent risk management and better ensure sustainable homeownership.” Even higher minimum credit scores may apply for both manual and automated underwriting, depending on factors such as the loan-to-value ratio and the number of units in the structure. The minimum credit score applies to all mortgage loans delivered to Fannie Mae, including FHA and other government-backed loans. Fannie is also changing the maximum debt-to-income ratio for Desktop Underwriter to 45 percent, but will allow 50 percent if there are “strong compensating factors.” Other changes are also being made. For more information, view these related Fannie Mae documents:

Fannie Mae Announcement 09-29 (PDF file) Summary and FAQs (PDF file)”

http://www.denhamspringsappraisers.com/ – Denham Springs Real Estate Question: Should Homeowner Invest $60,000 For A Pool and Landscaping On A $250,000 Home? As a home appraiser, I often see this type of scenario: Homeowner wants that swimming pool in the backyard with a lot of nice landscaping. That’s human nature to want nice features with your home, an outlet to help alleviate the monotony and stress of daily living after a hard days work, especially since many of the residential developments today aren’t designed for quality of life amenities, such as with walking and biking paths and trails

Originally posted here:
Denham Springs Real Estate Question: Should Homeowner Invest $60,000 For A Pool and Landscaping On A $250,000 Home?

http://www.fhaappraisersbatonrouge.com/ – Certified FHA Home Appraisers in the City of Denham Springs Louisiana

Office: 225-293-1500 or 1-888-678-3544

Fax: 1-866-663-6065

Staff Email: fastvalue2@cox.net

Bill Cobb, Accurate Valuations Group Appraiser, has operated as a home appraiser for 18 years now primarily in the Greater Baton Rouge, Louisiana market. Bill performs Conventional, FHA and RD/Rural Development home appraisals. For more information on Accurate Valuations Home Appraisal Group, visit FHA Appraisers in East Baton Rouge, West Baton Rouge, Ascension & Livingston Parishes.

Our Service Areas: All of East & West Baton Rouge, Western Half of Livingston Parish (Denham Springs, Walker, Watson & Livingston) and Northern Ascension Parish (Prairieville, Gonzales, Geismar, Saint Amant, Sorrento)

http://www.billcobbsuccess.com/ – LSU’s Coach Dwyane “Beetle” Bailey’s Famous LSU Baseball College World Series Talk Download This is a talk that Coach gave to the leadership of The Pentecostals of Alexandria Church in Alexandria, LA, in 2002. He talks about the lessons learned on the way to LSU’s 2 College World Series Victories and 5 College World Series Trips During His Tenure – FOCUS! It’s a very powerful message!!! Coach had a command in his voice and the gift of story telling that had one on the edge of their seats! Enjoy! We Miss You Coach Bailey! Download Coach’s Message Here by Right Clicking Here and Saving Mp3 To Desktop   Coach Dwayne “Beetle” Bailey (1945-2005) Published By LSUSports.net 12/12/2005: “ BATON ROUGE — Former LSU baseball assistant coach DeWayne “Beetle” Bailey died in Baton Rouge early Monday morning after a four-month battle with cancer.

Read more from the original source:
LSU’s And Denham Spring’s Coach Dwyane “Beetle” Bailey’s Famous LSU Baseball College World Series Talk Download

Search For That Perfect Denham Springs Home At http://www.denhamspringslarealestate.net/

About Denham Springs LA Realtor Homes: Helping You Navigate The Denham Springs & Livingston Parish Real Estate Housing Market!

http://www.denhamspringslarealestate.net/ - Six Marketing Strategy Caveats for Baton Rouge Real Estate Agents

Chris Brunner is the featured Active Rain “Rainmaker” for Sunday, November 29, 2009 with his post, Six Marketing Strategy Caveats for Real Estate Agents! Here’s a snippet:

“1) Have a plan for the plan.

Before you do anything else, map out how you intend to execute your new plan and how you intend on measuring results. Develop an entry and exit strategy for your marketing plan. Think of a few ways that you may be able to make slight adjustments along the way to maximize your effectiveness.

2) If it isn’t broke, don’t fix it.

If what you’ve got going is working well, why change? I admit it’s good to try new things, but be careful not to abandon what you’ve already got. The saying goes, you don’t know what you’ve got until it’s gone applies.

As an alternative, test different approaches for a small segment of your marketing list. I believe that 10% is a good number to test on. Use 10% of your time and capital for experimenting, the other 90% for things you know work well. Run a campaign and gauge the results. If successful, apply this tactic to increasingly more of your list while not forgetting what already works.

3) Measure your results to determine what works best for you and your situation.

It is imperative with any marketing campaign to accurately measure results. How could you possibly make a good decision as to what is and is not working if you don’t have accurate figures?”

http://www.batonrougerealestateappraisal.com/ – Greater Baton Rouge In Top Ten Housing Markets For Third Quarter 2009 Local Market Monitor Announces Release of Third Quarter Home Price For Largest US Markets, article here ! Here’s a snippet: “ According to the forecast, among the largest US markets—identified as those with populations greater than 600,000—the 10 markets with the best expected performance in home price are: Baton Rouge, LA Buffalo-Niagara Falls, NY Columbia, SC Dallas-Plano-Irving, TX Fort Worth-Arlington, TX Houston-Sugar Land-Baytown, TX Little Rock-North Little Rock-Conway, AR Omaha-Council Bluffs, NE-IA Pittsburgh, PA San Antonio, TX Syracuse, NY These top markets, where home values are expected to remain level, are among those markets that did not have a big housing boom and have had relatively small job losses over the past year.

See more here:
Baton Rouge In Top Ten Housing Markets For Third Quarter 2009