Buy a New Home on the Northshore at Bedico Creek Preserve

When relocating to the Greater New Orleans area, you may want to buy a new home on the Northshore at Bedico Creek Preserve.  If you are considering relocating to the tight knit area of West St. Tammany Parish, you can enjoy the ambiance of downtown Covington, LA, which is located approximately 7 miles from Bedico Creek Preserve.  Living in Madisonville, Louisiana, at Bedico Creek gives you easy access to shopping, entertainment, and dining at the many locations of the two shopping areas Colonial Pinnacle at Nord Du Luc and Stirling Covington Shopping Center off of Highway 21.  In addition to the prolific shopping at mall stores such as JC Penny, Belk, and Lane Bryant, Colonial Pinnacle at Nord Du Luc and Stirling Covington Shopping Center also showcase box stores such as Academy Sports, Kohls, Best Buy, Marshalls, Target, Hobby Lobby, as well as the Hollywood Stadium 14 movie theater.  This Covington, Louisiana shopping area also features restaurants such as Olive Garden, Longhorn Steakhouse, Texas Roadhouse, Cracker Barrel, and Panera Bread Company.  For faster food and service, you can visit Steak & Shake, Firehouse Subs, and Dickeys Barbeque Pit.

Bedico Creek Preserve offers lots and homes for sale in its masterplanned community in St. Tammany Parish.  Lots for sale start in the mid $40’s, and new homes for sale begin in the $230’s.  If you are interested in building your own new, custom home or if you are looking to relocate to one of our existing homes for sale, you can find any lot or home in a selection of different neighborhoods in this St. Tammany Parish subdivision.  Contact Bedico Creek today to schedule your tour.  Call 985-845-4200 or E-mail Info@LiveBedico.com.

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Guidelines to Use When Purchasing a Home in a Seller’s Market

The housing market is hot right now as can be seen in all the statistics gathered from real estate professionals. Multiple offers and shortage of homes on the market along with low interest rates have driven the market to where it is today. This can make for a challenging situation for home buyers. Bidding wars could lead you, as a buyer, to purchase a home priced higher than the appraised value of the home, or you may even spend more than you can afford. One of the downfalls of the Recession is that homeowners ended up owing more than their home was worth – home buyers don’t want to repeat this trend.

In the market for a new single-family home but are a little apprehensive because of the low inventory, increased prices and bidding wars? Don’t be…here are some guidelines to use when purchasing a home in a seller’s market.

Recognize the Supply and Demand. If there are not many real estate listings, it can be difficult to find what you are looking for when your pickings are slim. When you do find what you are looking for, you can bet other buyers want the same thing which will only drive the price up. You do not want to purchase a home at a higher price when the price rise is determined by low inventory versus a strong economy. A strong economy can support a strong market.

Scout Out the Neighborhood. Are there any signs of new construction or have the housing starts increased? If so, this is a good sign that the local housing market is thriving. Remember, if the local economy is strong it can sustain a rising housing market. Research the market by noting the number of developed lots in the community and the amount of building permits that have been issued. The St. Tammany Parish Residential Permits office provides information regarding the amount of building permits that have been issued in the Greater New Orleans area. Speak to a Realtor in the neighborhood market in which you are interested. They can tell you if new home construction is strong in the neighborhood and how many lots are for sale in the area.

Sometimes Losing Can Be in Your Best Interest. Buyers who push to any limit to win the bidding war can overpay and loose in the long run. Go into the bid with your game shoes on…set a budget and think about getting a preapproval from a mortgage lender. When setting a budget, remember to compensate for living expenses and emergency funds. If the bidding war sets the price too high, walk away!

Do Not Let Your Guard Down. Use smart self-defense when purchasing a home. Many buyers who want to win the bid give up rights that are standard in sales contracts. Contingencies are there to protect the buyer. It is pretty risky to give these up to appease a seller into accepting your offer. Buyers can lose their deposit if they do not have a preapproved mortgage and have been denied a mortgage after they have a house under contract or the inspection comes back with costly repairs. Another way a buyer can lose cash is if an appraisal comes in low and the mortgage lender reduces the loan amount making the buyer put up the cash to compensate for the gap between the loan and purchase price. If you feel you have found the house for you, then determine if the risk of waiving any contingency clauses outweigh any hidden financial surprises you might find.

Now is still a good time to buy as mortgage rates are low. In St. Tammany Parish at Bedico Creek Preserve, we have many new homes for sale from which to choose, including new homes priced from the $230’s – $300’s in two exclusive Neighborhoods called Cypress Crossing and Deer Park. To find out more about our homes for sale, Contact our sales office at 985-845-4200 or E-mail Info@LiveBedico.com.

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Lot Sales, Home Sales, Good News for New Home Buyers

St. Tammany Parish now has one of the fastest growing, fastest selling new home communities on the Northshore at Bedico Creek Preserve in Madisonville, Louisiana.  Lot sales and home sales are setting a record pace for 2015.  This master planned subdivisions has, this year alone, opened up three new Neighborhoods within the community – Lakeview, Heron Point, and Heron Lake – with plans for 2 more neighborhoods to come online in 2016.  Located off of Hwy. 1077 and Hwy. 1085, .Bedico Creek is just over 3 miles from Interstate 12 and an efficient commute to Mandeville, Covington, Slidell, and Hammond, as well as the Southshore.

Close to 6 miles away lies the existing and new shopping districts of Highway 21 featuring mall box stores such as Kohl’s, Lane Bryan, Belks, and Best Buy, and multiple popular restaurants such as Longhorn Steakhouse, Olive Garden, Cracker Barrel, and Texas Roadhouse, just to name a few.  The area also features many small boutique shops and restaurants as well as grocery shopping at Winn Dixie.  All of this approximately 5.8 miles from the entrance to our Conservation Community.

Bedico Creek was specifically designed to be a nature habitat that just happened to have houses.  The community design offers green spaces, water features, and 500 acres of walking and biking paths as well as walking and hiking trails through a wildlife preserve.  Lot sales at Bedico Creek are happening quickly, so if you decide to buy, you will not only be able to choose from among 14 quality St. Tammany Parish builders, but you will also get to enjoy 500 acres of natural beauty, peace and privacy.  Many of our lots are also waterfront lots in that they are located around the many lakes and ponds throughout the community.

New homes are built and available to buy at Bedico Creek with a selection of different sizes and prices perfect for your family.  If you are interested in picking out your “view,” you can select your exact lot from a variety of Neighborhoods throughout the community.  Lots come in many different sizes and shapes with cul-de-sac and corner lots also available.

This new home, master planned neighborhood also features both natural and “man-made” amenities with a community swimming pool, Pavilion, dock / fishing area, disc golf course, and even a place to enjoy a fire on a chilly fall winter night where you have an uninhibited view of the stars.  We have a map of our parks and trails system throughout the community, and we encourage you to bring your camera to catch shots of all of the local wildlife.

Bedico Creek has it all lot sales, home sales, good news for home buyers. To take a peek at this amazing new subdivision in St. Tammany Parish, call one of our onsite sales representatives at 985-845-4200 or E-mail Info@LiveBedico.com.

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