6 Tips for Buying a Home in Gentilly

If your heart is set on buying property in Gentilly, New Orleans, then you’ve chosen a wonderful place!

Gentilly is a favored New Orleans neighborhood and one we love to help our clients find the perfect home in. Like anywhere though, buying a property in this area isn’t necessarily straightforward, so we’ve put together some tips for buying a home in Gentilly

Why Gentilly?

If you’re looking to buy a home in Gentilly, New Orleans, then you’re not alone. This popular New Orleans neighborhood is prized for its great location, spacious homes with good yard space, and of course, the history and culture. 

With so many people looking to Gentilly as the perfect place to live, we’ve put together some expert tips to help you get a jump on the competition. 

6 Tips for Buying a Home in Gentilly, New Orleans

When you’re looking for property in Gentilly, it’s important to keep in mind these simple tips. The more you prepare and plan these aspects of your search, the easier your search will be. 

Get to Know Gentilly

With its ideal location, amazing history, and spacious homes, Gentilly is becoming a particularly desirable neighborhood. Naturally, people are drawn to it for these qualities, but it’s worth taking some extra time to get to know the neighborhood. 

Get out on foot and explore the different streets and discover new parts. 

You may have a certain picture of Gentilly, but when you get out there you get a better feel for what it’s all about. The better your knowledge of the area, the easier it is to know exactly where you want to be and what sort of houses are available. 

Consider Your Finances 

One of the first things to consider in any property search is your finances. 

It’s a huge help to be able to get a clear idea of your budget before you begin your search, and a local mortgage calculator can help with this. There are different costs to consider based on the neighborhood you choose to live in, so a local mortgage calculator will give you the best idea of what you can afford in Gentilly, New Orleans. 

If you get your finances sorted out early in your search, then it will make you more competitive when it comes to putting in a bid for your dream Gentilly home. 

“Must-Haves” vs “Would Likes”

When it comes to buying a house, we all have some requirements that are “must-haves” and some that are more “would likes.” Take the time to really think about what you want from your new home, and write it out. 

There are lots of homes for sale in Gentilly, New Orleans, so this will help you to focus your search. Once you know what features you need to have, and what items you’d like to have, it will also give you a good picture of what your budget can afford you in Gentilly. 

It’s important that you’re realistic with this part of the process. Your “must-haves” are non-compromisable, but be prepared to be flexible with your “would likes.”

Find a Local Realtor 

Talking of local knowledge – one of our best tips for buying a home in Gentilly is to find a great local realtor. You really can’t beat local expertise, and when you’re looking at buying a home in Gentilly this is invaluable. 

The right realtor should be passionate about helping you find your dream property in New Orleans, and this can make all the difference. When you’re trying to do everything on your own, buying a property can be extremely stressful, but a good realtor can put the excitement back in the process. 

When you’re buying a home in Gentilly, you want to benefit from years of local experience to take the stress out of the process. With the right realtor, you’re more likely to find your ideal home and have your offer accepted. 

Making an Offer

Buying a property is an emotional experience. When putting in an offer for a property in Gentilly it’s important you don’t let those emotions get in the way though. 

While you might have found your dream home, it’s important you’re not over-extending yourself financially, and over-paying for the property. This is where it’s helpful to lean on an experienced local realtor to guide you. 

Though it’s disappointing to miss out on a house, there are always more gems to be found in Gentilly, and your realtor will be there to help you find them. 

Contingencies

Once your offer has been accepted, you’re part of the way to owning your ideal Gentilly home, but there are still some last hurdles to clear – contingencies. These include things like inspections, due diligence research, loan approval, and appraisal. 

Again, this is an area where a good local realtor can make a big difference. They can use their contacts to make sure you’re working with the right people to ensure a smooth process. 

Conclusion 

Like with any property search, buying the perfect home in Gentilly is a process. If you go about it in a haphazard way, then it’s going to be a lot more difficult to find what you’re looking for. 

The best thing you can do is be prepared and make sure you’re benefiting from local knowledge. If you’ve got a clear picture of your budget, the features you need, and the features you’d like, then you’ve got a good starting point. 

From there, an experienced local realtor will be able to help you unlock the hidden gems Gentilly has to offer. 

At Reve Realtors, it’s our mission to help you find your dream New Orleans property, so get in contact and find your dream Gentilly home.