Darryl talks with Penny Roth of Home Warranty of America, reviewing how risk can be reduced with a home warranty service agreement.
If you own a home and are ready to sell, if your agent is worth anything, they will talk to you about getting a home warranty, known more accurately as a service agreement contract. As a seller, a home warranty is a low-cost way for you to provide a buyer with a bit more peace of mind about your home, and also have some beneficial financial back-up should you need to submit a claim while your house is on the market.
Homebuyers often seek out a warranty, especially in the case of property features being noted as towards the end of life in their condition by an inspector. End-of-life in terms of appliances like a furnace or hot water heater doesn’t mean they are about to break down. It means that the unit is nearing the end of its peak functionality and should probably be replaced sooner rather than later. A seller may not be able to replace all of these items before selling their home, but with a home warranty, a buyer will not have to worry should the time come during the first 13 months of living in their new home; if the need arises, their home warranty is there to help.
But what exactly does a home warranty cover? As Penny puts it, a home warranty picks up where homeowners insurance leaves off. While your insurance plan is likely to cover damages caused by a leaky faucet, it won’t cover the cost of repairing the leak. A home warranty will. Penny has an excellent way to remember just what a home warranty covers; just remember the word PEACH.
A home warranty is an ideal way for a seller or buyer in the Tulsa area to hedge their bets and reduce the risk of out-of-pocket costs for repairs within a home. Find out more about home warranty options by checking out the Home Warranty of America website: www.hwahomewarranty.com For real estate questions, contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or darrylbaskin.com
1 N Armstrong St., Bixby, OK
Take an eXp 3-D Virtual Tour!
Commercial Building for sale in Bixby features concrete/brick construction, barrel roof, and men’s and women’s locker rooms with showers. 5,328 sq. ft., Clear span with no support posts. Six zones mini-split Mitsubishi HVAC. Additional features include door sign, roof sign, dumpster, smoke detector, and security system. This building is the former Ice House 24 Hour Fitness Center, located in the original town of Bixby, across from new city park. Listed at $260,000
Contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or darrylbaskin.com
6122 S Garnett Road, Tulsa
This 13,500 Sq. Ft. building has an available 7500 Sq. Ft. clear span space in the back, available for immediate occupancy. The property includes 5 front retail spaces on 1 year leases. Ideal for owner/user who wishes to have lease income! This space features 9’ ceilings, cable TV wiring, mini kitchen, security system-owned, smoke detector, and central AC. Located in a commercial location at the high traffic intersection of 61st and Garnett, which is a convenient ½ mile from HWY 169. The concrete parking lot offers 82 spaces. Listed at $990,000
Contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or darrylbaskin.com
Court Appointed Special Advocates– CASA volunteers work with children who have been removed from their home due to abuse or neglect. CASA Volunteers speak up for these children in court. Volunteers talk with teachers, parents, foster parents, children, doctors, therapists, counselors, case workers, attorneys and anyone else that is involved in the case. They are able to give valuable information and opinions to the judge so that the judge can make the best decision for the child. For more information on CASA, contact them at tulsacasa.org.
20 Question You Must Ask Your Next Realtor Before You Sign On The Dotted Line– This report is very helpful for Tulsa buyers and Tulsa sellers before they select a Realtor. Selecting the right Realtor is important. When you make decisions in the real estate process you can have a more positive or negative experience depending on your choice of a Realtor. Your Realtor should ask you the tough questions to help you make the right decision. You need a Realtor that you trust and that you will be willing to hear that tough advice, when necessary. To get a copy of this report or for all your Tulsa real estate needs, contact Darryl at www.darrylbaskin.com or 918-732-9732.
What is a 3-D Tour?– We do a 3-D tour of our properties. New technology is allowing us to put people in a house virtually. We take lots of pictures and with this new technology the pictures are put together in such a way that you can get a virtual tour of the house, like you were in a doll house. You can walk up stairs, go in bathrooms, and much more. This type of tour is like a tour of the property from the comfort of your home. This enables many buyers and agents to look through houses that they may not have had the time to go through otherwise. This can be a huge benefit when selling your home.
Tulsa Abstract History– Tulsa Abstracts are the history book of ownership of your property. It proves that you own the property and that no one else owns it. This is the record of the title of your property. In Oklahoma, we put things in a physical book that we store. In the past we stored abstracts in our basement, hence the letter “B” on the identification for some abstracts. If you or a family member stores their own Tulsa abstract, please consider letting us store them. We store them for free and if they are damaged or lost while in our care we pay to have them completely rebuilt. If you store your abstract, you will be responsible for paying for them to be rebuilt if they are opened, damaged, or lost. In the future, abstracts will likely be scanned and stored digitally. For all your Tulsa Abstract questions, contact Guaranty Abstract at www.guarantyabstract.com or 918-496-9090.
How certain is my closing date? There is really no formula for closing. Things can change even when you do everything right. Closings are generally about 45 days from the date of the contract. There are many variables and can be stressful for Tulsa sellers who need to schedule movers, have utilities turned on and off, and so much more. Realize that these variables occur. In good circumstances, you could have a weeks extension from the closing date that is on the contract. Be prepared for these scenarios and extensions. For all your Tulsa real estate questions, contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or www.darrylbaskin.com.
Tulsa Real Estate for Sale
One Address, Thousands of Homes- Home Guide Tulsa
7201 West Edison Street- $1,750,000- just west of downtown, galley sink, Wolf appliances, pool, 55 acres, 24 stall barn
8954 West 51 Street- $999,999- 9042 square feet, 6 bedrooms, 6 bathrooms, gated entrance, 8 car garage
1 North Armstrong- commercial building, approximately 5200 square feet, located in Bixby
Forest Trails is a South Tulsa neighborhood that features quality Tulsa custom built homes built in the 80’s. They also feature larger lots with mature trees. If you are interested in properties in Forest Trails or anywhere in the Tulsa or surrounding areas, contact Tracy Jam at 918-508-5247 or Darryl Baskin of eXp Realty at 918-732-9732 or www.darrylbaskin.com.
Midtown Tulsa Real Estate– Midtown Tulsa is generally considered the area between Riverside and Yale and around 5th/11th to 41st Street. Many are wanting to be back in the Midtown area. It is not just a geographic area it is really a way of life. There are more parks, people are concerned about walk-ability, they tend to frequent farmers markets and there are generally more locally owned businesses. In addition to being close to Riverpark, Downtown Tulsa areas such as the Blue Dome and Brady Districts, Guthrie Green, and Utica Square, there is a also a different mind set. The homes generally have more architectural interesting and are often historic as well. For more information on Midtown Tulsa Real Estate contact Lori Cain of eXp Realty at 918-852-5036 or www.loricain.com.
Oklahoma Abstracting Bill– Speaker of the House, Charles McCall, had constituents that were having trouble getting their Oklahoma abstracts because of the length of time it often takes to get done in rural counties. Sometimes it can take longer because the process to track back records to statehood (or even before) is very lengthy. There is also the process of Quiet Title which requires notification. Sometimes there are also Abstractors who are doing things improperly, such as requiring extra funds to get the abstract completed. This bill is intended to bring some transparency to the Oklahoma abstracting process and bring faster return times. This bill will place requirements that will help prevent Abstractors from delaying the process unnecessarily. This bill has passed the Oklahoma House and will be voted on in the Senate soon. For more information on this bill or to contact your Oklahoma State Legislator visit oklegislature.gov.
Tulsa Mortgage– Interest rates have been all over the place lately. With the new President, things have gone back and forth and mortgage rates have fluctuated. This is not uncommon. When you are getting a Tulsa mortgage, you need to work with someone who knows what they are talking about. Let us work with you and discuss your short term and long term plans and goals. There are many products and options that are available. Let us help you find the right fit for your needs. Contact TTCU The Credit Union at 918-749-8828 or www.ttcu.com
Tulsa Area Real Estate For Sale
One Address, Thousands of Homes- Home Guide Tulsa – The entire Tulsa MLS at one address.
10653 S 68th East Avenue Tulsa-$410,000- 4 bedrooms, 3.5 bathrooms, appx 4100 square feet (per appraiser), 1/2 acre lot
171 and Mingo- 35 acres in Bixby (find it at BaskinCommercial.com)
8954 W 51 St Tulsa- $999,999- 4+ acres, 6 bedrooms, over 9000 square feet (per appraiser)
Court Appointed Special Advocates– CASA trains volunteers to speak for neglected and abused children in court. When children from Oklahoma are put in state custody due to allegations of neglect or abuse, a Tulsa area CASA volunteer can be appointed by the judge. The CASA volunteers talk with case workers, foster parents, parents, teachers, doctors, attorneys, the children and those involved with the case. They will be able to make recommendations and give information to the judge so that they can make the best decision for them. To become involved in CASA, contact Tulsa CASA at tulsacasa.org.
Can a Generator Be a Benefit to Your Tulsa Home? A generator is a convenient thing to have but can also enhance the value of your Tulsa home. More experienced buyers will often pay for the quality items that have been added to your home, such as a generator. A generator is not an extraordinary expense to have the peace of mind that you will be able to use the appliances and equipment necessary in an outage. A generator can run just the minimal number of appliances- hot water tank, a couple of light fixtures and electrical circuit, microwave, etc. Those few appliances and electrical outlets don’t take a really big generator. Evaluate what you need (including any necessary medical equipment) and let us help you determine what size generator you need. We will put the necessary items in one panel and when the power goes out those items in the emergency panel will be run with the generator.
Tulsa area homes are using less electricity than in years past. This is due to newer style light bulbs, fixtures and appliances. For an average house you are looking at about $8000 for the entire job- the panel, generator, labor. Now the gas line would need to be run separately by your Tulsa plumber. It is important that you have a licensed Tulsa electrician install the generator and electrical panel. Without the proper installation and transfer switch people can get hurt.
Also remember a whole house surge protector. They are affordable and can save you from lots of expense and difficulty in the future should an electrical surge occurs. For Tulsa electrical repair, installation, or questions, contact Murray Electric at 918-835-9605 or www.murrayelectric.com.
What are Quality of Life Features? When designing your Tulsa home, remodeling, or simply doing repairs to your Tulsa home, consider quality of life features. There are many features that increase your quality of life. Extra thick walls, wider doorways and hallways, and upgrading your thermostat, lightbulbs and light fixtures are all examples of things that can increase your quality of life. Sometimes these features can protect you in the event of a storm (such as wall thickness and material or a built in storm shelter), other times they decrease the amount you spend on utilities. For more information on quality of life features to consider in your Tulsa home, contact The Baskin Real Estate Specialists at 918-732-9732 or www.darrylbaskin.com.
Tulsa has the worlds largest collection of Art Deco buildings! This is a unique feature of Tulsa and a great thing to explore, whether you have lived here for years or are just visiting. For more information on these building, visit Art Deco Tour here at darrylbaskin.com.
Does The Homeowner Have to Be Present During Whole House Surge Protector Installation? If your Tulsa electrician is installing a surge protector at the panel the homeowner does not necessarily have to be there during the install. Sometimes we have to shut off the electricity and sometimes we can leave the electricity on. As a homeowner, depending on your preferences and what we need access to, will determine whether you need to be present during installation.
Tulsa Real Estate for Sale
One Address, Thousands for Sale- Home Guide Tulsa
171 and Memorial- Commercial Acreage, appx 35 acreage, good highway access
6718 S Atlanta Avenue Tulsa- $255,000- one level, side entry 2 car garage, modern updated kitchen
1 N Armstrong Street Bixby- $285,000- The old Ice House Fitness Center, can be sold with or without equipment
3909 N Battle Creek Drive Broken Arrow- $400,000- gated community, quality of life features, therapeutic hot tub
630 Meadowood Drive Broken Arrow- $163,500- Indian Springs, Backs to golf course, 4 bedrooms, partially remodeled.
For more information on Tulsa area real estate, contact Darryl of eXp Realty at 918-732-9732 or www.darrylbaskin.com.