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What do homeowners / buyers need to know about ‘zombie mortgages’

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Zombie mortgages, also known as “zombie properties” or “zombie foreclosures,” refer to properties where homeowners have abandoned the property or stopped making mortgage payments, but the foreclosure process has not been completed by the lender. Zombie mortgages occur when homeowners move out of their properties, assuming that the foreclosure process will resolve their mortgage debt, … Continued

6 Signs It Might Be Time to Sell Your Home in New Orleans

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6 Signs It Might Be Time to Sell Your Home in New Orleans 1. You Need More Space! Whether you’ve added family members or simply added more stuff, if you are feeling cramped, it’s time to move on. As you family grows, you will inevitably need more space. Not just for people, but for all … Continued

Who is NOLA BUYS HOUSES?

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My name is Carl Fanaro and I live in New Orleans with my wife and three children. I am extremely passionate about my family and helping others. Working and spending time with my family are my two favorite things to do. We are very active and we love being outdoors. We spend our days working … Continued

What Happens To Your New Orleans Property After A Divorce?

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Divorces are difficult. About forty to fifty percent of marriages ended in divorce last year, and the rate is even higher for subsequent marriages. If you are going through a divorce right now, you are probably wondering what happens to your New Orleans property after the divorce. Who Keeps The Property? This is something you … Continued

4 Ways To Avoid Foreclosure In New Orleans

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Wikipedia defines foreclosure as a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. If foreclosure is looming over you like a black cloud on a sunny day, don’t ignore the rain. Open … Continued