Real Estate in Louisiana

Last updated on Feb 21, 2023

Summary: A newcomer to Louisiana should begin their search by researching the different cities and neighborhoods in the state. They should consider factors such as cost of living, crime rates, and school districts. They should also look into the local real estate market to get an idea of what types of homes are available and what prices they can expect to pay. Homes in Louisiana typically include amenities such as air conditioning, central heating, and a garage. Many homes also have outdoor features such as a patio, deck, or pool. Some homes may also include additional features such as a fireplace, security system, or updated appliances.

What do I need to know when buying property in Louisiana?

When we asked expats what advice they would give a foreigner before buying a property in Louisiana, they said:

"When buying property in Louisiana, it is important to be aware of the different types of taxes and fees associated with real estate purchases. It is crucial to have a knowledgeable, licensed real estate agent to help guide you through the process. Louisiana has both state and local transfer taxes, stamp taxes, and registration fees. It is important to research if any of these taxes have any exemptions for certain buyers or situations. Additionally, buyers should determine which title insurance or other protection services they need to protect against title defects. Additionally, it is beneficial to understand the deed and contract documents involved in the transfer of ownership. Finally, inspections and appraisals should be procured to ensure the property is in good condition and the sales price is at fair market value," explained one expat in Louisiana.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.