Resources

Why You Should Use a Realtor for Buying or Selling a Home

Buying or selling a home is often the largest transaction in a person’s life. While it appears that the worldwide web has all of the information you might need, there is so much more to buying and selling a home. The following reasons discuss why using a realtor is the best route to go. 1. A […] Read More

6 Tax Benefits of Homeownership

Homeownership is usually a goal of most adults who rent. Besides creating a sense of community, building wealth and providing financial security, homeownership creates tax benefits. Here is a summary of six tax benefits for homeowners who itemize on their federal tax return: 1. Mortgage interest deduction Mortgage [...] Read More

The Louisiana Quitclaim Deed

The legal document that transfers ownership of immovable property (i.e., a home, lot, building, immobilized mobile home) can be a “cash sale” or a “quitclaim deed.” A quitclaim deed is used when there is a transfer of property ownership without being sold. In other words, no money is involved, no title search is done [...] Read More

Inherited Immovable Property in Louisiana and Succession

You have inherited “immovable property” (e.g., a home, lot, building, or immobilized mobile home) from a family member or a friend. Now what? In Louisiana, a succession is required to formally transfer the ownership and re-title the immovable property into the name of the heir(s). A succession is the process of [...] Read More

Understanding Tax Sale and Quiet Title in Louisiana

Every property owner is required to pay property taxes, and if they don’t, the parish tax collector (usually the sheriff) may sell the property at a tax sale to satisfy the unpaid debt. (LA R.S. 47:2153) How do tax sales work? Tax sales generally occur annually (usually June). First, the parish tax collector publishes [...] Read More