No Tulsa home buyer wants to hear from their Lender that their home loan has been denied. Yet, it still happens. Here’s what you can do to prevent the devastating emotional and financial loss of a loan denial. Speak to a Lender BEFORE you begin house shopping and GET ALL OF YOUR DOCUMENTATION ... Continue Reading » about Loan Denial – What a Tulsa Buyer Doesn’t Want to Hear
Buyers
Ready to buy a house – where do I begin?
You’re ready to buy a house, and either you have never purchased one before or it’s been a long time since you have. Regardless, everybody needs to understand the home buying process and where to begin. First, select a Realtor with whom you are comfortable and one who is knowledgeable about the ... Continue Reading » about Ready to buy a house – where do I begin?
Changes to home repairs in the Oklahoma Real Estate Contract
The Oklahoma Real Estate Contract was modified in the fall of 2015 to remove a “repair cap” for home repairs. The repair cap was always a bit misleading because the amount was agreed to before inspections were completed. Then, the repair cap was intended to represent the maximum liability a Seller ... Continue Reading » about Changes to home repairs in the Oklahoma Real Estate Contract
Relocating to Tulsa and worried about tornadoes?
When people relocate to Tulsa Oklahoma, often the first question they ask is, “where do you go when a tornado comes?” The truthful answer to that is that we often go to our front porch with our cameras or simply watch it on the news. However, at least once in the last ten years, my husband, pups and ... Continue Reading » about Relocating to Tulsa and worried about tornadoes?
Home Repairs Negotiated in the Oklahoma Real Estate Contract
Perhaps the most confusing portion of the Oklahoma Real Estate Contract is how we deal with home repairs. AND, repair negotiations is when most contracts are apt to fall through. UPDATE 2016: Changes in the Oklahoma Real Estate Contract - repair cap removed. All else works the same. When a ... Continue Reading » about Home Repairs Negotiated in the Oklahoma Real Estate Contract
Home Buyer options when real estate inventory is low
You may have heard that the midtown Tulsa real estate market is booming and as a result, our inventory is low. This is a perk for home Sellers, because homes that would otherwise be on the market for an extended period of time are now being snatched up. But, where does that put the displaced home ... Continue Reading » about Home Buyer options when real estate inventory is low
Which home repairs is a Seller required to make and when do repairs have to be done?
Home Buyers and Sellers often ask which home repairs a Seller is required to make and when do the repairs have to be completed? As happens often in real estate, there is not an answer that applies to all real estate transactions. It depends. It depends on what is negotiated and whether there ... Continue Reading » about Which home repairs is a Seller required to make and when do repairs have to be done?
Home Inspections – a snapshot in time
Home Buyers conduct inspections prior to their home purchase and must understand that the inspection results are merely opinions of the inspector and reflect a snapshot in time. There is no guaranty that each inspector will identify every flaw or predict future defects. I sold a property last ... Continue Reading » about Home Inspections – a snapshot in time
Costs Incurred by Seller and Buyer on a Cash Real Estate Transaction
Home Buyers paying cash are often surprised that they pay closing costs in addition to the purchase price, so here is a guideline of what costs are incurred in the state of Oklahoma. The Seller pays a few less items when their Buyer is paying cash. These prices will vary depending on sales price ... Continue Reading » about Costs Incurred by Seller and Buyer on a Cash Real Estate Transaction
