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
For some Tulsa, Ok. homeowners it can be quite scary to find a swarm of bees in or around their Tulsa area home. Some might even discover honey running down the mantle or walls of their Tulsa home for sale. Whatever the situation it is important to remember some basic information when handling a swarm of bees in your Tulsa home.
First, don’t spray a swarm of bees. The best way to handle the situation is to call a local Tulsa beekeeper to come and take a look. They can let you know what to do and how best to do it. If it is indeed a swarm of honeybees, they can find someone to come and take away the bees and the hive so that there will be no further problems.
Second, don’t decide to take on beekeeping without educating yourself first. Seeing a swarm of bees might make you think that you can just create your own hive and become a Tulsa beekeeper yourself. More beekeepers are needed, however, before you decide to take it on as a hobby, educate yourself. Make sure you are educated before you decide to take on beekeeping as a hobby. Remember, if bees scare you then beekeeping is probably not a good choice. Also, if you are not able to perform labor intensive work in the heat while lifting heavy objects then it is best to leave beekeeping to someone else.
Finally, if you need more information on Tulsa bee control, removing a beehive in your Tulsa area property, or beekeeping in Tulsa, contact one of the people or organizations below.
Tulsa Swarm Hotline 918-520-4970
Bob Martin 918-698-1741
Dane Strickland 918-698-1741
Green Country Beekeepers facebook page
NEOBA (NorthEast Oklahoma Beekeepers Association) facebook page
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.
Buy Tulsa Real Estate Now?- The Future of Real Estate
Image courtesy of Stuart Miles at FreeDigitalPhotos.net
1:50- John 3:16
10:50- Buy Tulsa Real Estate?
40:30- Purchasing Land
44:35- Insurance Trends for 2015
John 3:16 Mission works with people who have become homeless to get back on their feet. They also are a great source to help men become the men they need and want to be. They help get them back into employment, which helps bring their dignity back. They do not simply provide food and shelter. They also don’t just provide a hand out. They are providing a help up for those who’ve been in unfortunately situations. The people John 3:16 helps, truly want to work but have just had unfortunate situations. Help John 3:16 restore people. For information on donating or volunteering with John 3:16 Mission, contact them at www.john316mission.org.
Is Now The Best Time To Buy Tulsa Real Estate?– The Feds have declared that they will raise consumer interest rate in 2015. This will affect mortgage rates. If purchasing is a plan in the near future, many people are considering doing it now. Some are doing it in order build or buy a new home. Others are considering business and commercial opportunities. Many years ago, we recall the price of property being at X amount and now we know that the value of the property is worth much more. That is a reminder that purchasing while rates are low enables owners to own property for less. Remember to consider if you want to buy a home or build a home that you want to own? Whatever you desire- commercial or residential- consider when is the best time to buy? Contact the professionals at TTCU The Credit Union or Darryl Baskin of eXp Realty to help you discover what the best choice is for your family and your situation. For all your Tulsa mortgage needs, contact TTCU at 918-749-8848 or www.ttcu.com.
Success with Significance is a video series that features interviews with different successful persons. Lots of great information and information on successful people from the Tulsa area. Visit the link provided to watch.
Purchasing Land in the Tulsa area can mean a big difference in financing options. The loan options are different. You can pay cash but for financing things are different. There is raw land where there is no utilities or buildings. There is also land with buildings or utilities. Each requires different financing and different loans. Contact TTCU for more information at 918-749-8828 or www.ttcu.com
Tulsa Insurance Trends for 2015– Tedford Insurance is an independent insurance company meaning that we work with different carriers. As far as pricing goes, many customers have seen insurance prices double or triple in the last couple of years. Because of the amount insurance has paid out in home claims the last few years (appx $1700 per home) Oklahoma insurance rates and statistics didn’t look good. Because 2014 was a pretty good year with lower claims, 2015 should level off with pricing. There are also higher wind/hail deductible trending now. For many homeowners, this is a change from what their policy was previously. There is also a trend towards actual cash value on the roof versus paying full replacement value. When purchasing a home consider the age of the roof, and how the insurance company treats various roofing factors in the policy. Another thing to consider is that credit score plays a role in the cost of your insurance costs. There is a strong correlation between late and slow pay and the likelihood of claims. A great way to help offset this is to keep your credit score in good health and make sure you are not late or failing to pay your bills. For all your Tulsa area homeowners insurance needs, contact Tedford Insurance at 918-299-2345 or www.tedfordinsurance.com.
Tulsa Area Homes For Sale
One Address, Thousands of Homes– Home Guide Tulsa
23405 South 289 West Ave- $480,000- 32 acres, 3 ponds, small island, pool, Morton workshop with concrete slab.
4507 Edgewood Street- $450,000- Sapulpa, 1o acres, Spanish style, custom designed.
3510 North Narcissus Court- $299,000- Battle Creek, golf course, 3648 square feet per courthouse, golf course view.
32271 East 721 Terrace- $145,000- Wagoner, near the lake, second garage/workshop, corner lot.
5923 East 5th Court- $59,750-
4 Things Your Tulsa Realtor SHOULD BE Doing!
Image courtesy of stockimages at FreeDigitalPhotos.net
There are so many rules in real estate. It can be near impossible to know whether your Tulsa Realtor is doing what they should and not doing what they shouldn’t. Darryl Baskin of eXp Realty gives us 4 things that your Tulsa Realtor should be doing.
1. Give Feedback- Giving feedback is not a legal requirement but is certainly considered a professional courtesy. Think about it this way… you are selling your home. You have taken the time to prepare it accordingly. Agent Smith asks to show your home to his clients. You quickly get your house straightened, pick up kids toys, and rush the kids out the door during nap time. You stay gone for a while to allow time for the agent to show your home. Imagine if the agent didn’t give feedback. As a seller, you likely want to know what the buyers thought. Is it priced appropriately? Were there features that were undesirable? What did they like about my home? Everyone’s situation is different but feedback is a professional courtesy that helps the seller and their agent to know what current buyers are thinking. In addition, it is simply a great way for the Realtor to show they appreciate the seller their appreciation for opening their home.
2. Give Proper Disclosure- There are many situations where a Realtor should be disclosing certain information within a real estate transaction. Here are some basics to remember. Any time the Realtor has an interest in the transaction, is related to the buyer or seller, or is purchasing the property for themselves, they should be disclosing that they are a Realtor, not only up front, but also ensure it is stated in the contract.
3. Working “For’ Their Client- It is a definite no-no to sell out a client. If you have signed a contract to work with a Tulsa Realtor, they should be working to get you the best price that they can. If they are telling prospective buyers that “my clients are going through a divorce and will take any offer”, without your permission, they are not working to get you the highest price. Think again before working with this type of Realtor.
4. Show Pre-Qualified and Pre-Approved Buyers– It is not a requirement to show only those buyers that have been pre-qualified or pre-approved but it will definitely help prevent wasted time and wasted offers. The best situation is to have pre-approved buyers looking at your home. This means that the Tulsa mortgage company has sent the buyers information and paperwork to underwriting and has approved a loan before a buyer finds a house. There are many cases where a contract has fallen through because the mortgage was not approved. Keep this in mind as well, a pre-qualification can help, but it is only as good as the information provided by the buyer. The information provided in a pre-qualification has not been verified and could be incorrect. A pre-qualification is only good if the mortgage company will back up the pre-qualification provided.
For all your Tulsa area real estate questions and needs, contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732, 918-740-0077 or www.darrylbaskin.com.
The Future of Real Estate- Is The Housing Market Is Cooling Off
Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net
Court Appointed Special Advocates- 12:56
Is the Housing Market Cooling Off? with TTCU The Credit Union- 21:42
Preventable Insurance Claims with Tedford Insurance- 36:21
Discernment in Real Estate with Darryl Baskin- 51:18
Court Appointed Special Advocates are volunteers who speak for neglected and abused children in court. Kids are taken away and placed in state custody due to allegations of neglect or abuse. Judges have a tremendous amount of data to go through. They must speak with attorneys caseworkers, parents and so many more people. Volunteers are trained and become an official of the court. A judge can appoint a CASA volunteer to work with the children, parents, caseworkers, doctors, attorneys, foster parents and those involved in the case. They are able to give pertinent information to the judge so that the judge can make a decision in the best interest of the child. Find out more at www.tulsacasa.org.
Is The Housing Market Cooling Off- It looks like the national real estate market is cooling off. At TTCU The Credit Union our business has actually increased. Rates are good and the Tulsa market is doing well. We’ve had many people doing an 80/20 loan where you have an 80% first mortgage and a 20% second mortgage (2nd mortgage is a 15 year loan versus 30 year) which enables homeowners to: obtain 100% financing, avoids Private Mortgage Insurance and keeps the payments close to what a regular mortgage would be. Many people don’t use this 80/20 product because they don’t often know about it. The benefit of this product is that, even though your payment is similar to a regular loan (where you are paying Mortgage Insurance and have a high funding fee), you are able to pay off your mortgage faster because all your payment is going toward your loan versus private mortgage insurance and fees. Make sure the mortgage company works with you, has access to all products, and will help you find what is best for you. For Tulsa area mortgage needs, contact TTCU The Credit Union at 918-749-8828 or www.ttcu.com
Top 3 Preventable Homeowners Insurance Claims– These are claims that you can prevent with a little maintenance and common sense. If you have a rash of claims against your homeowners insurance you could end of being cancelled. Insurance Companies look at what these claims could say about the future and the likelihood of future claims.
1. Water Leaks- These are often from the roof, appliances, or bathroom fixtures. Water leaks not only need to be repaired but can end up causing mold. These can cause expensive claims. If the claim is small, it might be best to pay for it yourself because insurance companies don’t like water claims. Too many claims, especially water claims, can create other problems and possibly cancellation or increase cost of your policy.
2. Fires- Mostly these are caused by a dirty chimney, frayed or damaged electrical cords that cause fires, unattended stoves or candles. Use common sense to help prevent fires.
3. Theft- Often caused by theft of a garage door opener. They can get into your home with your own opener.
**A Clue Report is a national clearinghouse of claims. Any insurance company can pull this report on your property to check for fraud or for the number of claims on your property.
For all your Tulsa area insurance needs, contact Tedford Insurance at 918-299-2345 or www.tedfordinsurance.com.
The Importance of Discernment in Real Estate– I often have people call my office and say they found a house and want to purchase it. As Real Estate Agents we have to follow certain rules. In the above situation, if an agent showed the house to the home buyers, that agent may have a right to the commission on that sale. Even if you don’t like the agent, it may be too late. The time to find an agent is early in your real estate shopping or before you shop at all. Find someone you trust, will be honest with you, relates at your level, and has the experience to give you the right advice. When you trust an agent, you will feel more confident in your decisions. What should you make your primary concern? It isn’t seeing open houses. That can be fun but make sure you find the right Realtor. Someone is going to get the commission. Who do you want to get that commission? Someone who causes drama in the transaction or someone who is working for you, makes you feel comfortable and gets the job done? Use your discernment when selecting your agent. What do others say about them? Did things go smoothly? If things didn’t go smoothly, was it your agents fault? Did they help you through the difficulties? It isn’t always about the number of ads run or that they will list your home at the highest price. The price of the home needs to be at the right place or your home won’t sell. Hiring a Realtor to sell your home is important because you aren’t hiring them for the sign or the ad. You are hiring them to get you to the closing table. For all your Tulsa real estate questions contact Darryl Baskin at 918-732-9732 or www.darrylbaskin.com.
Tulsa Real Estate For Sale
Home Guide Tulsa– One Address Thousands of Homes
Baskin Commercial- Commercial Real Estate
2441 East 31 Street-$649,000- over 5000 square feet, pool house, basement,
The Legends at 108th and Mingo- $569,000
4304 East 185th- $375,000, acreage, pond
8409 South Elder Ave- $169,900, Broken Arrow schools
Destiny Lane- 5 Acre Land/Lots in Skiatook- $55,000 and $75,000