What Do Home Warranties Cover?

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Hey everyone, today we are excited to talk to you about home warranties! This is a topic our clients ask about a lot.

Basically, a home warranty is an insurance policy that covers major appliances, as well as roofing defects and electrical work in case of repair. Essentially, if something goes wrong with one of the items that's covered, you pay a small deductible, and the home warranty company will come out and fix it, as long as it is not a pre-existing condition. 

The last thing you want to have is a huge bill to replace an A/C unit or water heater, so we recommend that any time you purchase a home, a home warranty should be included. If you choose to work with us to sell your next home, we will provide free home warranty coverage for your home while we are listing it. 

If you have any questions, or are interested in buying or selling a home here in Lafayette, feel free to give me a call or send me an email. I can't wait to hear from you!

How to Handle Multiple Offer Situations When Selling Your Lafayette Home

Selling your Lafayette home? Click here for a free Home Value Report

Buying a home? Search all Homes for Sale

With the spring real estate season in full gear, there is no better time to discuss how to handle multiple offers when selling! 

From a seller's perspective, it really doesn't get much better than having multiple buyers making offers on your home. The first thing you need to do is take a look at the particular terms of each offer. Ask yourself the following questions when looking over offers:

• How much money is getting put down?
• What kind of deposit are they putting down? 
• Are they pre-approved?
• Is their financial institution credible in our market? 
• Are they considering a conventional loan or a government loan?
• What concessions are they willing to make? 

After answering these questions, you should be able to pick the best offer! We are experts at making your home attractive to the widest range of buyers and generating multiple offer situations for our listings. If you would like us to do the same for you, give us a call or shoot us a quick email. We would love to help you sell quickly and for top dollar! 

Why Now Is the Ideal Time to Make Your Move in Lafayette

Selling your Lafayette home? Click here for a free Home Value Report

Buying a home? Search all Homes for Sale

The numbers for February are in! Today, we take a look at what they mean for the health of the Lafayette market and what it means for you! 

Sales are about dead-even from where they were last year - we had 222 in February of 2014 and 228 in 2015, for a total increase of 2.7%. The most surprising trend is the appreciation we've seen, as the dollar volume has increased by 9% over this time last year. This is likely because more homes have sold in the $300,000 and above price range. 

We're really not seeing any signs that the market is going to slow down. We've seen a 6.5% increase in pending sales and a 17% increase in resale homes. On the other hand, new construction listings are down 22%, so you'll probably see fewer options out there if that's what you're looking to do.

Rates are still incredibly low, hovering around 4%. This is great news, as we were expecting rates to jump to around 5% by this time. If you have any questions about these ideal market conditions, or if you need real estate assistance of any kind, give us a call or shoot us a quick email. We look forward to hearing from you soon! 

Is Your Home's Value Improving?

There are many great Lafayette area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (337) 267-4099 for a FREE home buying or selling consultation to answer any of your real estate questions.

The November numbers are in, folks! Today, we're going to take a look at the market trends we saw in Lafayette last month and discuss what we expect to see in the future.

Sales in November were up 12%, which brings us up 2.25% over last year. We have great news for homeowners, as the average sales price went from $211,900 to $222,000. In other words, home values are moving in the right direction.

Homes going under contract were up 38% compared to this time last year. New construction has been a huge factor in our expanding market, which saw new listings jump 35% over November of last year. Despite the jump in listings, supply is sitting at four months, so things are moving really quickly. However, homes over $300,000 are lagging, as inventory for those properties sits around the seven month mark. The best news is that interest rates are still fantastic, hovering just above 4%. 

The November numbers indicate our market is healthy and growing. If you think you might want to take advantage of these conditions, or have any questions about real estate in your area, don't hesitate to give us a call or shoot us an email. We would love to hear from you!

Check out our New Market Snapshot Tool!

There are many great Lafayette area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (337) 267-4099 for a FREE home buying or selling consultation to answer any of your real estate questions.

Check out our New Market Snapshot Tool!

We are excited to share with you today a brand new addition to our website, www.mylafayettelahomevalue.com. We have added a market snapshot widget which will take your information and provide you with a free market report on your home and your area.


It's very easy to use. Simply visit www.mylafayettelahomevalue.com, and type in your information in the widget on the side. It will ask you information about you such as your name, phone number, and email, as well as information about your home such as square footage, the number of bedrooms, and the number of bathrooms. All you have to do is enter that information, and click the "get free report" button and you are all set. We are very excited for all of you to check out this feature.

If you have any questions or want to let us know what you think of our market snapshot feature, give us a call or send us an email. We'd love to get your feedback.

Minimize Stress in the Home Buying Process by Becoming Pre-Approved!

There are many great Lafayette area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (337) 267-4099 for a FREE home buying or selling consultation to answer any of your real estate questions.

Minimize Stress in the Home Buying Process by Becoming Pre-Approved!

One of the most common questions I receive from buyers is in regards to the importance of a pre-approval letter. The importance of this letter is two-fold:

1. From a seller’s point of view, a seller is more likely to trust a buyer that is pre-approved. This is understandable – most sellers don’t know who you are or what your history is. When presenting an offer, it is almost mandatory that a seller would want reassurance in order to take your file seriously.
2. From the buyer’s point a view, I like to prepare for the worst and hope for the best. Buyers need to keep in mind that despite their great credit score, there are programs that will ding your percentage rate if you have a 739. I know it’s an amazing score, but just be aware that this could happen. Also keep in mind that our preferred lenders can get you the best possible rate available for you.

I’ve had instances where two separate buyers had similar names; the one buyer had many derogatory remarks on their credit while the other buyer didn’t. This wouldn’t have been an issue if the buyer with the good credit had become pre-approved. The seller simply glanced over his name. Take the 5-10 minutes to sit down with one of preferred lenders to become pre-approved - they do a great job at putting you in the best position possible.

If you have any questions, feel free to reach out to me by phone or email. Thanks and have a great day!

Why is it important that you price your home accurately?

 There are many great Lafayette area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (337) 267-4099 for a FREE home buying or selling consultation to answer any of your real estate questions.

 Why is Accurately Pricing Your Home Important

Today I wanted to speak with you about the importance of pricing your home properly. We are finding that one of the hazards of our busy market is that sellers are trying to take advantage of the “beefed up” market; they are typically pricing their home 15-20% higher than what everything else is selling for. For people who are trying this strategy, I wanted to caution you the longer a property sits on the market, it becomes stale. When a home becomes stale, buyers typically wonder if there is a problem with the property.

As your home sits on the market and becomes stale, buyers begin to repeatedly see your property come up online and wonder why everyone is passing on it. They wonder if there is something they don’t know about the home or if there is something that needs to be done with the house. These reasons are we go through the technical process of crunching the numbers for you and avoiding the market analysis that the average agents are performing.

We have our detail dialed into national, parish, subdivision and street levels because they all come into play when pricing your home. Since your home isn’t the center of the universe, we want you to be aware of everything that is happening around you. Now that the holidays are over, we’re beginning to see a rush of people listing their homes. It is a great time to list your home now that buyers coming off the fence from the holiday season. Buyers are ready to move!

If you’re interested in selling your home, we would love to speak with you. Please call us at (337) 267-4099 or email us at info@robbiebreaux.com; we would love to hear from you. Thanks and have a great day!