10 things for First-Time Homebuyer’s to Know

The Home Buying Process

you’re ready to stop paying your landlord and start buying a home, now is a perfect time. With low rates and many available programs, you have plenty of opportunities available. Before you jump in and buy a home, though consider these 10 thing that make buying a home easier for Louisiana first-time homebuyers.

How Much Are Closing Costs in Louisiana?

Closing Costs Louisiana

Average Louisiana closing costs for home buyers will typically run from 2%-5% of the total purchase price of the home. More expensive homes will fall in the 2% end and less expensive homes would be closer to 5% If you are purchasing a home for $300,000 your costs would likely fall between 2-3% of the cost of the home.  A $100,000 home would be closer to 5% of the cost of the home. 

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