Sandy's Team Baton Rouge Real Estate Blog

Sandy Ogburn-Sandlin

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Displaying blog entries 21-30 of 52

Quote for Mother's Day

"God could not be everywhere, and therefore he made mothers."
-- Jewish proverb

Weekly Quote

"When one door closes another door opens; but we often look so long and so regretfully upon the closed door that we do not see the one that has opened up for us."

Alexander Graham Bell 

15 Questions to Ask Your Lender

1.  How many loans do you write each month?

2.  How long have you and your processor worked together?

3.  How is your working relationship with your underwriter?

4.  What type of loans do you offer?

5.  What is your current interest rate for a 30 year fixed rate loan?  What other loan programs do you offer and recommend?

6.  What are the total application fees?  How much for the credit report, appraisal fee, and origination fee?

7.  Will I receive a good faith estimate with all the closing costs itemized?

8.  Will mortgage insurance be charged?

9.  Can I float the interest rate and/or lock it in?  What will it cost to lock the interest rate and how long will it last?

10.  Can I prepay the loan without a prepayment penalty?

11.  When will my first payment be due?

12.  How much money will need to be set aside to start my escrow accounts?

13.  How long will it take for my loan to be approved?

14.  When are payments considered late, what is the penalty?

15.  Who should be contacted if I have questions?

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Weekly Quote

"To get profit without risk, experience without danger, and reward without work, is as impossible as it is to live without being born"

-A.P. Gouthey

How do I buy a home? Where do I start?

 

That seems to be a common question among first time home buyers and even repeat buyers that have been out of the market for a while.  It sounds relatively easy…see a house that you like (one that is for sale), make an offer, sign the papers and wala! You’ve bought a home! While it’s not difficult, there is a little more to it than that. We understand the fear and anxiety that come with the unknown, so we have designed the home buying process below in hopes that it will guide and help you better understand the process.

  1. Meet with a financial consultant to get pre-qualified for a mortgage.
  2. Agent consultation (analyze your needs & establish a working relationship)
  3. View properties and find your dream home
  4. Write an offer ( purchase agreement)
    1. Earnest money (deposit)
  5. Acceptance of Purchase agreement
    1. Home Inspection
  6. Mortgage appraisal
    1. Lender pulls credit report
    2. Lender orders appraisal
    3. Lender verifies employment, etc.
  7. Loan goes  to underwriting
  8. Receive final loan approval
  9. Title company
    1. Attorney examines title & survey
  10. Review final figures with Realtor
  11. Final home walk-through with Realtor
  12. Closing at title company
  13. Keys to your new home

Are You Still Renting?

By now you’ve heard plenty about the First Time Home Buyer’s Tax Credit and you may be wondering “What’s the big deal?”  Sandy’s Team wants you to know that it is a Big Deal and now is the time to buy!  The Baton Rouge and Prairieville La markets are loaded with great homes for sale. Don’t let this great opportunity pass you by, there may never be a better time to buy.

  • Interest rates are great!
  • You could get a lower monthly mortgage than you are paying in rent!
  • You could qualify for one the government incentives! That could put money in your pocket!
  • And invest in you and your family monthly rather than a landlord.

The Big Deal is simply this:

  • A first time home buyer is anyone who has not purchased a home in the last 4 years.
  • All types of home qualify; pre-existing, new construction, condo, townhome, & mobile homes.
  • You must purchase a home on or before April 30, 2010.
  • The tax credit is for 10% of the purchase price of your home, up to $8,000.
  • You simply file your taxes, claiming the credit on your return, and the qualified amount will be added to your refund, less any taxes you owe.

It’s easier than you think…but you need to start now. Home buying is a process that can take several weeks. Don’t miss out on a great opportunity to become a homeowner, the First Time Home Buyer’s tax credit ends soon.

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Con-do or Con-don't?

There are many small decisions that go into making that big decision of buying a house. What size home do I need? Where do I want to live? What is my budget? What’s right for me? If you want easy living, consider buying a condo! Here are just a few advantages:

  • Easy living lifestyle
    • wonderful courtyards
    • beautiful lake and fountain views
  • Low maintenance. 
    • no grass or yard to keep up
    • no exterior painting
  • Safe environment
    • gated community
  • Great for someone who wants to be able to travel often; just lock it up and GO!
  • With the current tax credit and low rates you could pay less than rent!

RE/MAX Excellent Properties has great condo listings in both Ascension and Baton Rouge. Check out our listings in the Quarters at Dutchtown and Baywood Quarters!

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Let it Sneaux, Let it Sneaux, Let it Sneaux

According to 2theadvocate.com, Baton Rouge and surrounding areas like Prairieville and Gonzales could see snow as early as this afternoon, as well as tomorrow! Most people in South Louisiana don’t have much experience driving on icy, snowy roads, so here are some tips on how to keep safe while driving:

  • Stay home. The best way to keep safe is to keep off of the roads if possible. If you must drive…
  • Check your car before you go anywhere. Do your tires have the correct air pressure? Are your wipers working? Are you headlights working?
  • Turn on your headlights. It will make it easier for you to see and easier for other drivers to see you.
  • Go the speed limit. Driving to fast on freezing roads can cause you to skid.
  • Avoid using your cruise control.
  • Be easy on your breaks. Breaking to quickly or hard can cause you to skid.
  • If you do start to skid, slowly let off of your accelerator (or breaks) and turn into the skid. If you are going right, turn right. If you are going left, turn left.  This should allow you to regain control of your car. The most important thing is to remain calm!
  • Even if the temperature is above freezing, bridges and overpasses can freeze, so always exercise caution.

Really, the best advice Sandy’s Team can give you is to stay home, fix some hot chocolate, grab a book (or turn on a movie), snuggle up and stay safe! Enjoy this unusual Louisiana winter weather!

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Cake Fit for a King

cakeWith recent emphasis on the Saints' Superbowl victory, Mardi Gras - the national holiday of Louisiana - will be even livelier this year.  Parades, which began last weekend will continue until Fat Tuesday, will keep the party going in New Orleans, Baton Rouge, and of course, Ascension Parish, as revelers eat and drink their way through the next week.

One holiday favorite to be found at many festivities will be King Cake, a decorated filled ring of twisted  bread. The delectable pastry originated in western Europe in honor of the Three Kings who made their way to Bethlehem to honor the Baby Jesus on January 6, the 12th day after Christmas. French and Spanish settlers brought the cake to the New Orleans, where it became a favorite.

Though the recipe varies for the cake, it always contains a trinket, most often a plastic baby.  Whoever finds the trinket in their piece is supposed to gain good fortune- and the honor or buying the cake next time.

In Ascension Parish, one of the biggest suppliers of King Cake is Ralph's Market in Gonzales. Located at the intersection of Hwy 44 and Hwy 931, Ralph's makes over 1, 000 cakes per day during Mardi Gras season.   The enterprise keeps seven or eight employees busy rolling and stuffing the dough with fillings and the precious baby, and then baking and icing the finished product.  This year, the crew has worked night and day to meet the demand of local shoppers who line up at the door to buy them up for their own celebrations and to ship out of town.  Of course, this year, the store has also been extra busy preparing Who Dat cakes and Valentine's Day cakes.

Ralph's isn't sharing their recipe for the king cake, but here is a tasty variation from Chef Emeril Lagasse

King Cake

 2 envelopes active dry yeast

1/2 cup granulated sugar

 1-1/2 sticks (6 ounces) unsalted butter, melted

 1 cup warm milk (about 110°F)

 5 large egg yolks, at room temperature

4 1/2 cups bleached all-purpose flour

 2 teaspoons salt

1 teaspoon freshly grated nutmeg

1 teaspoon grated lemon zest

 1 teaspoon vegetable oil

1 pound cream cheese, at room temperature

4 cups confectioner's sugar

 1 plastic king cake baby or a pecan half

 5 tablespoons milk, at room temperature

3 tablespoons fresh lemon juice

Purple-, green-, and gold-tinted sugar sprinkles

Combine the yeast and granulated sugar in the bowl of a stand mixer fitted with a dough hook. Add the melted butter and warm milk. Beat at low speed for 1 minute. With the mixer running, add the egg yolks, then beat for 1 minute at medium-low speed. Add the flour, salt, nutmeg, and lemon zest and beat until everything is incorporated. Increase the speed to high and beat until the dough pulls away from the sides of the bowl, forms a ball, and starts to climb up the dough hook. (If the dough is uncooperative in coming together, add a bit of warm water (110 degrees), a tablespoon at a time, until it does.)

Remove the dough from the bowl. Using your hands, form the dough into a smooth ball. Lightly oil a bowl with the vegetable oil. Place the dough in the bowl and turn it to oil all sides. Cover with plastic wrap and set aside in a warm, draft-free place until doubled in size, about 2 hours.

Meanwhile, make the filling. In a large mixing bowl, combine the cream cheese and 1 cup of the confectioner's sugar. Blend by hand or with an electric mixer on low speed. Set aside.

Line a baking sheet with parchment paper.

Turn the dough out onto a lightly floured work surface. Using your fingers, pat it out into a rectangle about 30 inches long and 6 inches wide.

Spread the filling lengthwise over the bottom half of the dough, then flip the top half of the dough over the filling. Seal the edges, pinching the dough together. Shape the dough into a cylinder and place it on the prepared baking sheet seam side down. Shape the dough into a ring and pinch the ends together so there isn't a seam. Insert the king cake baby or pecan half into the ring from the bottom so that it is completely hidden by the dough.

Cover the ring with plastic wrap or a clean kitchen towel and place in a warm, draft-free place. Let the dough rise until doubled in size, about 45 minutes.

Meanwhile, preheat the oven to 350°F.

Brush the top of the risen cake with 2 tablespoons of the milk. Bake until golden brown, 25 to 30 minutes. Remove from the oven and let cool completely on a wire rack.

Make the icing. Combine the remaining 3 tablespoons milk, the lemon juice, and the remaining 3 cups confectioner's sugar in medium-size mixing bowl. Stir to blend well. With a rubber spatula, spread the icing evenly over the top of the cake. Sprinkle with the traditional purple, green, and gold sugar crystals, alternating colors around the cake.

The cake is traditionally cut into 2-inch-thick slices with all the guests in attendance.

YIELD: 20 to 22 servings

Ralph's all sold out?  Also try these local suppliers of King Cakes.

Need a house with a gourmet kitchen where you can make your next King Cake? Sandy and her team can find you the perfect place to call home in the  Greater Baton Rouge area, including Baton Rouge, Prairieville, Gonzales, Denham Springs, Watson, Walker, Central, Greenwell Springs, Zachary, Baker, Port Allen, Brusly, Geismar, and St Amant.  We can also you answer any questions you might have about the home buyer's tax credit - $8,000 for first time buyers or $6,500 for repeat buyers.

5 Great Reasons to Get Pre-Approved

Before starting your home search in the Prairieville or Baton Rouge area here are 5 great reasons to contact a mortgage broker to get pre-approved.

  1. You will know in advance what your payments will be.
  2. You won't waste your time considering homes you cannot afford.
  3. You can select the best loan package that suits your needs without being under pressure.
  4. Sellers will find your offer to purchase more favorable if they know in advance of your ability to secure financing. This will make your offer more competitive if you are in competition with other offers.
  5. Peace of mind.

As a buyer, you are in constant competition with all of the other buyers who are looking to buy a home. There is a big difference in the level of expertise and quality of service provided by Realtors. Give yourself the advantage of working with the very best...work with ReMax Excellent Properties and get all the expertise and value added services that will make a huge difference in your home buying experience.

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Displaying blog entries 21-30 of 52

Contact Information

Sandy's Team - Sandy Ogburn-Sandlin
RE/MAX Excellent Properties
16581 Airline Highway, Suite A
Prairieville LA 70769
Phone: (225) 677-SOLD (7653)
Fax: (225) 677-7655

        

ReMax Excellent Properties 

16581 Airline Hwy., Ste. A

        Prairieville, La. 70769