Skip navigation
Banessa

Have Questions? We Have Your Answers! (225) 240 - 4662

The Latest

October 15, 2019

Homeownership - Are you ready to take the leap?

Are you ready to take the leap into homeownership? From finding the right location and features to figuring out financing, buying your first home is one of the most exciting—and stress-inducing—decisions that you will ever make. 

Luckily, Alvarez Construction Company has more than 25 years of experience helping homeowners in the Baton Rouge area and is ready to guide you through your path to ownership.

And we will bring you a sneak peek this weekend at our New Home Buyers’ Seminar in Denham Springs. The event starts at 10 a.m. on Saturday in our Cella Gardens model home at 27993 Memorial Lane, Denham Springs, LA. RSVP to matthew@alvarezconstruction.com to make sure we save you a seat! 

Work with the mortgage rates. 

We have seen rates as low as 3.74% for a 30-year fixed rate mortgage this week in Baton Rouge, which makes it a fantastic time to buy. The mortgage calculator on our site can help you calculate your own numbers, but while we are here, let’s run through an example. 

If you buy a home worth $250,000 and put 20 percent down, your monthly payment will be $925.10. Compare that to the peak we saw last year of 5.08% and that number balloons to $1,083.44. That is a difference of $1,900 a year and more than $57,000 over the life of your loan! 

Plus, if you go through our preferred lender, Eustis Mortgage, we will cover $5,000 in closing costs. 

Imagine what you could do with that money.

There are a few different approaches. The first is to stick to your initial price range and enjoy the savings by leveraging the low interest rate. The second would be to bump your price range to buy a new home a little higher to get more for your money. The final is to go ahead and repurpose the money into adding a few personalizations that you maybe hadn’t considered before, like upgrading your kitchen or choosing our popular extended California Living Room for a longer patio. The latter two may help a little in the long run for equity, but the first may seem more comfortable when buying your first home and that’s okay, too! 

Whichever way you go, plan to move quickly because the rates usually rise toward the end of the year. We don’t know when the low rates will end, so don’t miss out.

Finding your dream home in Baton Rouge. 

Now for the fun part—finding the home that perfectly fits your wants and needs.

Whether you are moving from a dorm, apartment, rental house, or a relative’s home, this is an opportunity to find a space that is truly yours in a location that works for you. Getting away from your landlord probably sounds pretty nice, too. 

A few things to consider as you start shopping:

  • Do you want a bigger kitchen? Go for it! 
  • Would you love to work from a home office? Get one! 
  • Do you want modern home automation and safety features? We’ve got those, too. 

Depending on where those questions (and your answers) take you, the next big question is whether you opt for a move-in ready home or building one. That choice could depend on timing. If you’re ready right now and want to move as quickly as possible, look at our new construction homes for sale now. This is where our sales associates can really help by showing you different floor plans and finding a community that feels like home. 

Alvarez Construction Company builds in some of the most desirable suburbs around  Baton Rouge, like Denham Springs, Madisonville and Prairieville. Our newest neighborhood, Cheval Trails, will add Zachary, LA to the list as well. 

Where do we start?

Focus on the basics! Join us this Saturday, October 19, when we will go over all of this and more. Soak up as much home financing information as you can from Eustis Mortgage and take the time to chat with our online sales coordinator Banessa Petty to learn more about your opportunities right here in Baton Rouge. 



The Latest from the Alvarez Blog

December 9, 2019

Meet Banessa!

Alvarez Construction Hometown Heroes
September 25, 2019

Thank You, Hometown Heroes!

Learn More About Alvarez Construction Company, LLC
Download our brochure
Banessa

Our team is here to help you find the home of your dreams

Give us a Call at (225) 240-4662 or 
get started today
Banessa
Have
Questions?