Entries by admin

What (at a minimum) should you expect from your attorney?

What follows is my opinion on what you should expect from your attorney. They are the minimum standards of conduct necessary in order to build trust between an attorney and his client. My view is that you have a right, not just to ask for, but to demand the following:   His or her attention. An attorney must listen […]

Do you know you can you freeze you property tax assessment?

As property values rise freezing your assessment is one of the smartest financial moves you can make. Here is how it works. Homeowners who become 65 can permanently freeze their assessments if they have an adjusted gross income below the scheduled amount. For tax year 2015, the amount is $71,563.00. It is simple to apply. You […]

Essential Information About Tax Sales.

Lately, I am getting a lot of calls about tax sales. It is no coincidence that CivicSource recently conducted a property tax auction in Orleans Parish. Tax sales involve a lot of moving parts and unfortunately they don’t all work together. Let’s look further into this. After the tax sale while you are waiting for the […]

What’s Wrong With Reverse Mortgages?

It sounds like a great idea! Tap the equity in your home when you are older and on a fixed income. Pay down your bills. Use the money to travel. What could go wrong? A lot. 1) “You can stay in your home as long as you live.” If you live with another person who […]

Do you know how to freeze your property tax assessment?

As property values rise freezing your assessment is one of the smartest financial moves you can make. Here is how it works. Homeowners who become 65 can permanently freeze their assessments if they have an adjusted gross income below the scheduled amount. For tax year 2015, the amount is $71,563.00. It is simple to apply. […]

Should I be afraid of Zombie Real Estate?

It happens so often. I ask clients if they own a home and they say, “No, but I am buying one from the bank.” There is a popular misconception that when you are paying a mortgage, you don’t own the property until it is fully paid for. In fact, when you buy a piece of […]

What you don’t know about homeowners insurance can hurt you.

If you are like me you pay your insurance and forget about it. This article is about how to avoid that sinking feeling when your insurance agent says your loss is not covered under your homeowners policy. What you may not realize is that insurance companies exclude, or partially exclude, entire classes of losses. These […]

Boundary Issues in Real Estate – Use It or Lose It

Ownership of real estate in Louisiana may be acquired by 30 years possession.  A 2005 case illustrates how a good deed came back to hurt a former owner.    In the case both parties owned property adjacent to each other in the City of New Orleans on Metairie Road.  In 1951, Lee the defendant, built […]

What You Should Know About Code Enforcement.

Code Enforcement is serious business in New Orleans. An Administrative Judgment can cause you to have: Your property seized and sold at public auction. Daily fines of hundreds of dollars per day. A lien filed against your property. The fine and penalties added to your tax bill. In New Orleans, the Municipal Code was amended […]