The Future of Real Estate Discusses The Art of Downsizing Your Tulsa Home








What Should Tulsa Buyers and Sellers Look For In a Realtor?   Tulsa Buyers and Sellers are looking for  a Realtor that will help manage the Tulsa real estate process and have good negotiating skills.  Realtors should also have good ideas on staging and presentation of your Tulsa home.  They should be able to answer questions about what’s common and what’s in demand- questions that you might not find on Zillow.com or Realtor.com.  They should realize that buyers and sellers buy and sell about every 5-7 years and be able to stay on top of the market.  As a Tulsa Seller or Buyer, if you are asking these questions, being perceptive about those qualities in an agent and asking these things in an interview ahead of time, you should be able to find a good Realtor and have a good experience.  For more information on Tulsa real estate, contact Darryl Baskin of eXp Realty at 918-732-9732 or www.darrylbaskin.com.

 

What’s happening in the Stillwater market?–  Stillwater is its own creature as far as the real estate market in Oklahoma.  It is growing and gaining more retail and industry.  Local industry is increasing its employees. It has a very active chamber of commerce.  InterUrban is taking over the Applebee’s location that closed.  Downtown has a lot of energy and is revitalizing.  For help with Payne County real estate, contact Rhonda Plake with eXp Realty in Stillwater- Payne County area 405-385-2478 or rhondayourrealtor.com.

 

QUICK TIP–  CRS stands for Certified Residential Specialist and indicates that the Realtor has met certain educational levels and has met specific standards in order to meet the CRS designation.  If you see a CRS after your Realtors name then you know they have gone above and beyond standard real estate training.

 

Disclosure versus Disclaimer– Many times when buying and selling a Tulsa home, you might find that the person that owns the home doesn’t know much about the house.  A disclaimer says that the Seller knows nothing about the house.  This means that you, as a Tulsa seller, claim you have no knowledge about the property.  This  may not always be the best situation for you as a Seller.  If some work was done and you don’t give the information to the buyer, you could be held liable.  As a seller, you can state that you don’t know anything, except that a certain professional did work or there was a specific issue.  Don’t be held liable because you knew a plumber came by but failed to disclose it properly.  For more information on Tulsa real estate, contact Darryl Baskin of eXp Realty at 918-732-9732 or www.darrylbaskin.com.

 

Hiring a Tulsa Closing Professional– When you are choosing any Tulsa professional, you need to be careful who you choose.  Do your research ahead of time.  Interview them.  Ask for References. When looking for your Tulsa closing professional realize that they are involved with everything.  They communicate with everyone involved.  They must have good communication in order to assess what’s going on and make sure things are clean and clear and ready to proceed.  They must review title requirements up front and communicate with all parties involved.  At Guaranty Abstract, we have developed tools to help ensure that closing goes as smoothly as possible.  Experienced Tulsa closers should do certain things and communicate to all parties in order to get to closing smoothly and in a timely manner.  It is all about timing and service.  The right professional will know what to look for and communicate effectively to those involved.  They should be able to help oversee the process and get through it as smoothly as possible.  For Tulsa county abstract needs, contact Guaranty Abstract at 918- 587-6621 or www.guarantyabstract.com.

Image courtesy of Sujin Jetkasettakorn at FreeDigitalPhotos.net

 

The Art of Downsizing Your Tulsa area Home– Downsizing is really an art.  In order to do it most effectively and without all the stress and difficulty, it takes planning and thought. Many Tulsa homeowners that are downsizing are older and are needing to sell a Tulsa area home and get rid of many belongings. One of the biggest challenges we hear of people that are making this move is how to get ready for the downsizing that will be taking place as this move happens. When downsizing, it’s important to take time to plan and get the important things to the right people instead of having to throw them away or place them in storage. That’s why we call it the art of down-sizing. Inverness Village is a residential facility that has multiple options for those adults that are aging and wanting to downsize.  It generally appeals to older adults that want to relieve themselves of the hassles of home ownership but still want to lead an active lifestyle.    For more information on downsizing or Inverness Village,  contact Inverness Village at 918-388-4235,  invernessvillage.com or contact Darryl Baskin of eXp Realty at 918-732-9732, www.darrylbaskin.com.

 

Tulsa Real Estate for Sale

N 214th West Avenue Sand Springs- $28,000- 3.3 acres, off Lake Keystone

1510 Lakeside Ridge Drive Sand Springs-$435,000- over 3200 square feet, approximately 7 acres

8954 W 51st Street Tulsa-$999,999- approximately 5 acres, beautiful views, 8 car garage, almost 10,000 square feet

6328 S 112th East Avenue Tulsa-$140,000- Union Schools, 3 bedrooms, 2 bathrooms

**eXp 3D is out and running very strong.  If you want to tour homes in 3D, visit DarrylBaskin.com.

 

The Future of Real Estate Discusses Tulsa Historic Homes


 

What is the Oklahoma Abstractors Board? The Oklahoma Abstractors Board is made up of 9 members- 6 are employees or holders of a certificate of authority (the certificate allows the company to be an abstractor of the county).  That means that 6 know the abstracting business, 1 must be a licensed real estate broker for 5 years prior to being a member, 1 must be an attorney licensed to practice in Oklahoma for at least 5 year prior to being a member, and 1 an officer of a bank in Oklahoma. Prior to 2008 the Governor designated the board, however now, each July the members come up for reappointment.  The board can change each year and are not reappointed or confirmed by the Senate.  They receive no compensation for this job.  Abstractors gather the information that has been filed on record for your property.  The title side of business examines the abstract and determines what requirements must be taken care of in order to transfer title of the properly.   The abstract process is the first part of the process but there are other things are going on at the same time.

What is a Quiet Title Suit?  When you have two parties and they aren’t agreeing on who owns the property or what is going on it goes to a quiet title suit.  They will each be able to speak to an attorney  and give evidence to prove that they own the property.  It will go before a judicial review to determine who owns the property. Even though people think that Oklahoma has more of these problems because we are an abstract state, others have problems just like this as well.

In order to help prevent problems with the title, make sure you purchase owners title insurance.  You can also go to the county clerk to verify that the release was filed with them after your closing occurs. For all your Tulsa area Abstracting needs contact Guaranty Abstract at 918-587-6621 or www.guarantyabstract.com.

 

Tulsa Real Estate and Historic Homes- Handling Older Wiring-  When purchasing a historic or older Tulsa home, there can be many concerns with older electrical wiring.  Anything built before around 1954-1955 could have wiring and electrical issues that could be problematic.  With knob and tube wiring the wires were run open with porcelain knobs to keep wires from touching the wood.  It was actually a pretty safe method but can sound terrifying to us today.  The two wires that were used, if they come in contact would cause sparks and arching.  With knob and tube, one side of the stud would be the hot side and the other would be the cold side. So,  until they went into the box, they couldn’t come in contact.  Years later, we came up with different wiring for the convenience and cost savings.  Knob and tube by itself is safe, as long as it is fused correctly.  The problem occurs when you have knob and tube and add other electrical outlets.  Cloth wiring was used in knob and tube wiring.  If cloth wiring is in a temperature and humidity controlled environment, it can be pretty safe.  Remember, you need to have someone that knows what they are doing to come tie into older wiring and make additions or repairs. If you need to update your wiring, try doing it circuit by circuit or room by room. Rewiring and entire house is quite costly.

As a Tulsa home buyer, what do I do if this comes up in an inspection report?  If you like the house, have a licensed Tulsa electrician, experienced in knob and tube wiring, come and inspect it.  Realize that inspectors are not experts at everything.  They have a good general working knowledge of the systems in your home that the Oklahoma Construction Industries Board requires.  When something occurs in the inspection, talk to an expert in that particular field.  Don’t just take what the inspector says as the final story.  Call professionals in the related area to inspect that area and give you recommendations.  For all your Tulsa electrical repairs, contact Murray Electric at 918-835-9605 or www.murrayelectric.com.  For more information on historic homes in Tulsa visit homeguidetulsa.com.

 

Tulsa Area Real Estate For Sale

Tulsa MLS- One Address, Thousands of Homes- Home Guide Tulsa

E 171st Street Bixby- $1,120,000- Corner of 171st and Mingo, 35 acres

6428 S 87th East Avenue Tulsa- $165,000- 4 bedrooms, 2 full 1 half bathrooms

10653 S 68th East Avenue Tulsa-$410,000- 1/2 acre lot,  mature trees, 4 bedrooms, 3 full 1 half bathrooms

The Future of Real Estate Discusses Handling a Swarm of Bees in Your Tulsa Home

Continuing Care Retirement Living- Inverness is designed for those 55 and older.  Inverness is designed for people that are active and healthy and also for those who need additional care.  We promote an active and independent lifestyle with our residents.  There are fitness centers, housekeeping, restaurants, a hair salon, activities and much more.  There is one monthly fee that includes certain amenities such as activities, housekeeping, and dining.  There are formal dining, a bistro, and even a casual dining room. We work with residents who choose this lifestyle for themselves as well as family members and attorneys who are helping a family member.  In addition to living for those that are active and healthy, we have a place for those that need continuing care as they age.  Our Tulsa residences are from 750 square feet to over 2000 square feet. Call Jessica at Inverness Village at 918-388-4235 for more information on Inverness Village and Tulsa area continuing care residences.

 

QUICK TIP–  You can often get a great deal on a Tulsa home when you buy it with the ugliest and worst features (such as old flooring and wallpaper) and make it into something that is new and updated.

 

Tulsa Abstract Legislation- Over the last 10 years there has been Oklahoma legislation that has been introduced to eliminate abstracts in Oklahoma and the need for attorneys to examine them.  Overall, people don’t like abstracts.  Oklahoma is one of the only states left to have abstracts.  Part of the problem is that in smaller cities and counties, it may take a longer time to get the abstract completed. In Tulsa county we don’t have the problem of an extended time to get the abstract.

In some of the southern counties there were some issues getting abstracts when trying to buy or sell properties.  The Oklahoma House Bill was brought about to try to bring light to the problems that had been occurring.  It would have eliminated the need for abstracts and the need for attorneys to go over them.  The bill got the attention that was needed to help bring about the change to the problem areas in Oklahoma. The bill was more or less for the smaller counties that were taking too long to get the abstract updated.  The newer bill brings fines and fees for those that are taking too long to bring the abstract up to date.

When it comes to Abstracting in Oklahoma, there are many things that need to be done to be licensed.  You do not have to be an attorney.  You go to apply for a license.  When you are licensed you build your indexes. Building the index is a huge reason why there aren’t more Abstractors in Oklahoma. The Oklahoma Abstract Board makes sure that the Abstractor is keeping the index up to date and producing abstracts whenever they are asked for it and also that the abstracting process is time effective.

Because the abstract helps prevent claims being filed on a property, the insurance is cheaper.  By cancelling abstracts completely, there will be more claims because accuracy will go down and insurance would end up costing more.

 

There is something called Adverse Possession.  Basically, adverse possession is when someone has occupied the land for a period of time, the property would now become theirs. Over the years homeowners will get the idea that because their fence was over the owners property line for 20 years the law says the property is now theirs. This is not exactly the case.  There must be evidence that there were notices given. In situations of adverse possession and updating an abstract, we simply gather the information that attorneys and judges need to make the determination of who owns the property.

For all your Tulsa county abstract needs, contact Guaranty Abstract at 918-587-6621 or www.guarantyabstract.com.

 

Why is it Important to Have Tulsa area Beekeepers?  We need beekeepers because the bee population has declined due to pesticides and insecticides that are being used. Bees are getting diseases and pests are causing problems with bees.  We need more beekeepers in Tulsa.  We don’t encourage irresponsible beekeeping and we really want those who are willing to educate themselves and do the hard work that is required.  If you are scared of bees, this is not for you.  If you can’t handle labor intensive work during the heat and lift heavy things, this is not for you.

It is extremely common for Oklahoma homeowners to find a hive of bees inside a home, wall, etc.  If you see swarms or hives of bees, there are people that will take care of this for you.  It is important not to spray them and kill them.  Have a Tulsa beekeeper come out and take the hive and bees away.  Just spraying the bees might get the bees away but you will still have the hive and honey inside your walls.  You can also check out “How to Handle a Swarm of Bees in Your Tulsa Home” for more information on who to contact for beekeeping and hive removal. For more information on Tulsa beekeeping contact Kevin Hyland at 918-779-9811.

 

Tulsa, OK Area Property for Sale

One Address, Thousands of Homes, HomeGuideTulsa.com

630 Meadowood Dr. Broken Arrow- $163,500-  Backs to Indian Springs Golf Course, partial remodel, 4 bedrooms, 2 full 1 half bathrooms.

6718 South Atlanta Avenue, Tulsa- $255,000- Short sale, 4 bedrooms, 2 full 1 half bathrooms

1812 West Sandusky Street, Broken Arrow-$239,000-Backs to Battle Creek Golf Course, one level, brand new kitchen, 3 bedrooms 2 bathrooms.

10716 South 66 East Avenue Jenks- $499,000- Forest Trails,  4 bedrooms, 4 full 3 half bathrooms

10653 South 68th East Avenue- Forest Trails- This property is not yet listed, contact Darryl at 918-732-9732 for more information.

For more information on Tulsa real estate contact Darryl of eXp Realty at 918-732-9732 or www.darrylbaskin.com.

The Future of Real Estate Discusses Protecting Your Tulsa Home From Electrical Surges

Is It Still a Good Time to Get Low Tulsa Interest Rates on Tulsa Real Estate?– The bond market has been very interesting recently.  It went up and then fell.  The US bond market is important to Tulsa because when bonds are low, Tulsa interest rates are lower and when higher, interest rates are higher. Recent job creation news has led to an increase in interest rates.  We are in the time in our economy where you can get really low interest rates.  In addition, the conforming loan limit has been raised.  There are restrictions on the amount of loan you can get with each type of Tulsa real estate loan- conventional, FHA, etc.  With Conforming Loan Limits being raised, you can get a higher loan amount.  All of these factors are leading to good interest rates and allowing you as the homeowner or home buyer to get more.  For all your Tulsa Mortgage needs, contact TTCU The Credit Union at 918-749-8828  or www.ttcu.com.

What is the Best Way To Learn About Tulsa House Flipping?–  Current TV shows have brought the subject of house flipping to the forefront.  The best way to learn is to get involved.  Go to free Tulsa real estate courses and learn what they are teaching.  Then learn where the holes are in their Tulsa real estate investment strategies.  Getting the background information and learning everything you can about house flipping first is a good idea.

QUICK TIP– Downsizing your Tulsa home is often a choice versus a requirement.  When you think about  life changes coming in the next few years, downsizing may be something you consider.  Sometimes planning ahead and starting now can be enjoyable and cause less stress.

When you are buying and selling a Tulsa area home you are making an emotional decision.  You are also making a business decision.  With the right information you can make a good decision for yourself and your family. Our goal at eXp Realty and The Future of Real Estate Tulsa is to present you with information so that you can make the best decision.

Protecting Yourself and Your Tulsa Home from Electrical Surges–  Every Tulsa home has electrical surges.  There are surge protectors and capacitors on the electrical lines from Tulsa area electric companies.  We can install, for about $250, a surge protector on your Tulsa home.  This will help prevent damage to your home, your property, and even yourself.  Surges are caused from power fluctuations.  These fluctuations happen all the time.  Every time a surge hits, all your appliances are affected and after a while they will wear out.  Surge protectors that you purchase at the store should be replaced regularly because they do wear out. What we install at Murray Electric is a whole house surge protector.  Although whole house surge protectors protect from electrical surges, lightening is a whole different thing.  Unfortunately there is little we can do to protect from that.  They do make lightning rods you can install on your home but they are very expensive.  For all your Tulsa area electrical needs contact Murray Electric at 918-835-9605 or www.murrayelectric.com.

Tulsa Real Estate for Sale

Tulsa MLS- One Address, Thousands of Homes- Home Guide Tulsa

3909 N Battle Creek Drive Broken Arrow- $400,000-  Reflection Ridge, gated community, 3931 square feet per courthouse, 4 bedrooms, 3 full 1 half bathrooms, side entry 3 car garage

7004 E 80th Street Tulsa- $145,000- Corner lot, 3 bedroom, 2 bathrooms

8954 W 51st Street Tulsa- $999,999- 4+ acres, 9000 square feet, grand entry, split curved staircase, Travertine flooring plus much more.

For all your Tulsa Real Estate needs, contact Darryl of eXp Realty at 918-732-9732 or www.darrylbaskin.com.

The Future of Real Estate Discusses Smoke Detectors and Your Tulsa Home

Smoke Detectors And Your Tulsa Property–  The current code in Oklahoma requires that smoke detectors be hard wired with a battery back up.  In the last 5-7 years Tulsa EMP inspectors will flag the detectors if there is more than one wire in the breaker for your smoke detector.  We recommend people change their smoke detector batteries in their Tulsa home once per year. A good time to remember is to change batteries during Daylight Savings Time or some other time or holiday that will help you remember every year to change your detector batteries. Don’t wait until you hear the chirp from your smoke detectors in the middle of the night.

Also remember that smoke detectors do expire.  The material that is used to detect the smoke has a life expectancy.  The lifespan is usually 5-7 years.  When this time comes, or if you haven’t changed them in 20 years, throw them out and have them replaced.  A good idea if you are changing them out in your Tulsa home is to go with the dual detectors that detect smoke detectors and carbon monoxide (is usually found in heat and is deadly and has no smell).  Any wood or oil based product will produce carbon monoxide.  The code in Tulsa now says you have to have 1 smoke detector for every bedroom and 1 for any common area or hallway outside the bedrooms as well as 1 on each floor.  You can add more than 1 but that is the minimum.  For all your Tulsa electrical repairs and remodeling, contact Murray Electric at 918-835-9605 or www.murrayelectric.com.

QUICK TIP–   Homestead is an exemption of $1000 off the millage of your Tulsa home.  This averages $90-130 savings each year. It also lasts every year you own the home.  Also realize that this can be beneficial in some instances of financial problems. You have until March 15th to get Tulsa county homestead filed.   Go to  assessor.tulsacounty.org to fill out application for Tulsa county homestead exemption.

Common Last Minute Mistakes on a Tulsa Title and Abstract.  One common problem we find in Tulsa closings is mistakes with name spellings.  We must make sure we get all names correct.  The names must match on the abstract and deed.  Another problem is getting the correct signatures when closing on Tulsa property.  One signature to buy, two to sell is a common phrase used in Tulsa real estate.  For example, you buy a property when you are single but then get married.  Generally we will ask for the spouses signature at closing.  This can be confusing but is very important to get right to avoid further problems.  These things revolve around the marriage laws in Oklahoma.  For more information on Tulsa Country Abstract and Title, contact Guaranty Abstract at 918-587-6621or www.guarantyabstract.com.

Court Appointed Special Advocates are volunteers that go into the courtroom to give neglected and abused children a voice in court.  When a child is removed from the home due to allegations of abuse or neglect a judge can appoint a CASA volunteer.  Parents in most cases have to prove that they can get the kids back.   Judges must make a life altering decision based on papers and in a short amount of time.  The CASA Volunteer will speak with the child, parents, attorneys, case workers, foster parents, teachers, doctors, therapists and will relay this information to the judge so that they can make a well informed decision.  To become a CASA volunteer, contact tulsacasa.org.

Tulsa Homes for Sale

The Entire Tulsa MLS on one site- One Address, Thousands of Homes- Home Guide Tulsa

6726 South 91 East Avenue, Tulsa- $165,000- large lot, convenient location, 3 bedrooms, 2 bathrooms

North 214th West Avenue, Sand Springs- $28,000- approximately 3.5 acres near Keystone Lake.

1510 Lake Ridge Drive, Sand Springs- $435,000- beautiful view, decks, 4 bedrooms, 4 full 1 half bathrooms

10716 South 66th East Avenue, Tulsa- $499,000- backs to pond, over 6000 square feet, 4 bedrooms, 4 full 3 half bathrooms

For more information on these properties or any Tulsa area real estate for sale, contact Darryl of eXp Realty at 918-732-9732 or www.homeguidetulsa.com.

Rent to Own Tulsa Homes

Have you wondered how you can own a Tulsa home but your can’t qualify for a Tulsa home mortgage? Why not rent to own Tulsa homes for sale with the right to purchase?

Using creative financing from investors, you can get into a house today that you can call your own through the right to purchase. You don’t have to qualify for a mortgage. You just need to qualify for Tulsa houses for rent. This means you cannot have a felony, a pending bankruptcy, and no history of eviction.

It only costs $75 to apply so contact us to get started today. Your Tulsa dream home could be a rent to own Tulsa homes phone call away. Click here for more information.

What kind of Tulsa home can you own? If it fits in our parameters, we can work with you to own your new home. Find out if you can qualify for this Tulsa real estate for sale program by using this Rent to Own Tulsa Homes program.