Resources

Do I need Owner’s Title Insurance on a New Construction?

Title insurance is a form of indemnity insurance that protects the holder from financial loss sustained from defects in a title to a property. The most common type of title insurance is lender’s title insurance, in which the borrower purchases coverage only to protect the lender. [...] Read More

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