I’ve read more articles than I can count and also took a class on the new “Integrated Disclosure” mortgage process that went into effect on October 3. Closing delays were widely anticipated, but lenders have been ready for the changes. So what will cause an official delay in closing? In simple terms:
The APR (annual percentage rate) increases by more than 1/8 of a percent for fixed-rate loans or 1/4 of a percent for adjustable loans,
A prepayment penalty is added,
The basic loan product changes, such as a switch from fixed interest rate to adjustable rate
About anything else that could delay a closing would have delayed a closing before October 3.
Good news for homebuyers: the new process is more transparent and easier to understand than the old Good Faith Estimate/HUD-1 process.
Since Keller Williams Realty New Orleans (KWRNO) opened its doors in November 1998, the office has grown to over 100 licensed real estate agents and brokers. This remarkable growth is a product of a company whose business philosophy and model combine to attract real estate agents looking for the most professional and supportive business atmosphere available.
At the end of 2012, the Market Share Report compiled from Multiple Listing Service (MLS)® ranked Keller-Williams Realty New Orleans #1 in market share of any single office in Orleans Parish. With sales totaling over $172,900,000 in 2012, KWRNO is effectively positioned as the largest and most successful single real estate office in terms of buying and selling residential real estate in the New Orleans area.
SELLING? Our Team of Experts will work closely with you, listening to all your needs. For each of our clients, we extensively research the market to come up with the best selling price and marketing strategy to insure that your home is listed at the proper price to sell in a timely fashion. We are highly motivated and organized people putting your best interest as our TOP priority.
BUYING? We would LOVE to assist you in finding your “dream home.” We pay excellent attention to your housing needs as we search for the perfect home for you. We know the area well and will give you insight on what might work best for your family and personal interests. We will devote our time to help you and your family find your dream home as if we were looking for our own. There are so many lovely homes in the New Orleans Metro & Northshore Areas, Our Team is sure they can find the perfect one for you within your price range!
We would be honored to earn your trust and help you find your own place to call HOME!
Buying or selling a home is one of the biggest financial decisions you will probably ever have to make. Having the right real estate agent by your side representing you is very crucial to having a successful real estate transaction. Experience matters. When you choose to do business with Craig Realty Group of Keller Williams Realty New Orleans, you are choosing a team of experts with 20 years of combined real estate, marketing and sales experience. Our agents truly care about YOU and your needs. Give us a call today and let us guide you through the real estate process 504.382.3724.
Alicia Lagarde Craig 504-382-3724 | Jeff Craig 504-352-6190
I've had the great pleasure to work with this awesome non-profit, and
"When we first contacted Alicia in March 2008, we told her were ready to purchase a house in New Orleans and would fly into town in a couple of weeks to see all she had to show us. We identified numerous parameters and refined them over the next couple of weeks via phone and email. By the time we got into town our search was going to be significant and Alicia gave us over 8 hours per day for 4 straight days. We found several great homes that would work. Alicia then stayed with us to negotiate the best deal possible until we got the deal we wanted. As we weren't moving in for another few weeks that gave us time to have the house changed to accommodate our individual needs. Alicia went all out finding us contractors and oversaw the entire process so that when we got to town all of the hard work was done. Our family is extremely grateful to Alicia for being a real estate professional who goes way over and above the course of duty!! She's a very unique realtor who really cares that her buyers get what they want!"