The Future of Real Estate Discusses FAQs for Tulsa Home Sellers


Tulsa CASA– Court Appointed Special Advocates speak up for children in court.  Children who have been removed from their home due to allegations of abuse or neglect. Appointed volunteers in Tulsa work with teachers, foster parents, therapists, doctors, children, parents and caseworkers. They gather information and talk with those involved and are able to give a valuable opinion to the judge.  For more information on Court Appointed Special Advocates, contact them at tulsacasa.org.

Junior Achievement–  Junior Achievement helps teach kids financial literacy.  Volunteers teach a pre-written curriculum but are able to use their real world experience.  Kids learn how to run a business, how the economy works, how to pay bills, how to balance a checkbook and much more.  For more information on Junior Achievement, visit their webpage at jaok.org.

A Short Sale is a sale in which the owner owes more on the property than they will be able to pay back.  Basically a short sale occurs instead of foreclosure.  The bank will often agree to allow the home to be sold at a loss, instead of paying the increased insurance fees, attorneys fees and other expenses that they will occur with a foreclosure. If you feel like you are underwater on your home and you are unable to sell it, contact The Baskin Real Estate Specialists at 918-397-5564 for more information.

 

Frequently Asked Questions for Tulsa Home Sellers

How long does it take to get my Tulsa home on them market once I sign a listing with you?  Technically, we could have it on the market within about an hour but is generally within about 48 hours.  I also recommend that we start planning ahead.  You can interview us and we can interview you. We want to make sure we are a good fit.    We want to learn about each other, discuss the marketing program and how to get your Tulsa area home ready to sell.  Then when these things are done, we can take pictures and get your home on the market.  It is not about how fast the sign goes up.  Think through the consequences of putting it up for sale quickly without a prepared home and good pictures.  Take a little longer to prepare before you rush into listing your home.

What does the sign “coming soon” mean?  – When you see the sign, “coming soon”,  these homes are not listed yet but are expected to be on the market soon.  These are often seen in an area that is very popular.  Sometimes Realtors can give you some basic information on the property and the sellers are simply waiting on some basic repairs before the home is listed.

What do I consider when it comes to Real Estate investment?–  A home is often considered your biggest investment but is also your biggest expense.  It can be better than renting but from an investment standpoint it might be better to have someone living on your home and paying you to live there.  Maintenance and other are covered but the cost of the rental.  Step back and apply it as a true investment but do realize that real estate investment is not easy.  There is lots of hard work involved.

How much negotiating room do I leave in the price?  Many Tulsa area home sellers will want to price high so that it will come down but that doesn’t always work.  The most showings often come right off the bat and pricing too high will reduce the number of buyers that will look and could keep some from making and offer. Leaving a small amount of room in the price can be okay in some circumstances.  I find though that it’s better to be at a lower price and get an offer (even if you lose  it or counter) than to be at a higher price and never get an offer at all. Know what you are willing to take, what you need to pay off your mortgage, why you are selling, etc? Also consider your holding cost.  Each month your home is on the market and you don’t sell it is costing you money, if you need to sell it.  From utilities, maintenance, mortgage, security system, and so on the costs keep coming.  Is it better to sell it now for a little less or spend all the money on holding costs and not know how much you will sell it for in the future? It’s also important to remember that the right agent is also very important.  Any agent can put a sign in your yard.  You need someone with experience, that you can trust and that you will be willing to hear the information they give you- good or bad.

How do you handle showings when you have an event planned at your home?–  Let buyers know whats going on but let them come look.  Do your best to accommodate them because some buyers are unable to come another time.

 

Protecting Your Online Data– You need multiple layers of protection with your online data!  One thing is to simply not send important information via email- such as a social security number.  To help protect yourself, keep all your passwords different.  Don’t use the same one on multiple sites.  Be cautious with emails because hackers will send an official looking email or even hack into the actual account and send an email.  Also, work with a company that uses encrypted email solutions or a secure portal or thread.  On a home level you can even set up many routers to filter some of your emails.  There are often many security features on newer router. For all your Tulsa Title and Abstract needs, contact Guaranty Abstract at 918-496-9090 or www.guarantyabstract.com.

 

 

Tulsa Area Real Estate for Sale

One Address, Thousands of Homes- Home Guide Tulsa

6718 S Atlanta Avenue Tulsa- $245,000- one level, 2394 square feet, remodeled kitchen, patio, 4 bedrooms, 2 full 1 half bathrooms

5101-5103 E 32nd Street Tulsa- $159,900- Duplex, 2 bedrooms 2 bath on each side

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

The Future of Real Estate Discusses Staging Your Tulsa Home


YBT stands for Young Businessmen of Tulsa.  Young, old, female and male can all participate with YBT, although our demographic is geared towards young male businessmen.  We provide an opportunity to mentor men and help them along their journey of success.  We want men to balance their life with a healthy spiritual life and healthy relationships in addition to their successful business. We encourage men to step up and work on their leadership skills and use their business to help serve the community outside of their product or service.  To find out more about YBT, contact them at ybtok.com. 

 

What’s Happening At Forest Ridge?– Forest Ridge is not just a golf club or a Broken Arrow subdivision.  It began in 1989 with the neighborhood Oaklane. Today there are 13 neighborhoods that comprise Forest Ridge.  New Construction is still going on. You can play golf, swim or play tennis at the club, although those that live in Forest Ridge get a discounted rate.  There is a nice span of homes in Forest Ridge from just under $200,000 and up. This is a great master planned community.  There are parks and a catch and release pond in a nice leisure setting.  They are not also not too far a drive to downtown Tulsa.  Interested in Forest Ridge?  Contact Deb Karstens of eXp Realty at or 918-261-6602.

 

What Are the Benefits of Staging Your Tulsa Home?– Tulsa area homes that are lived in sell faster than vacant homes.  When you stage your Tulsa area home properly there are many benefits including:

  • Selling your Tulsa area home faster since a lived in home generally sells faster.
  • Lowering some of your costs since those living in your home pay for utilities.
  • Being occupied, the insurance premium will often be much cheaper than a vacant home.

For more information on staging your Tulsa home for sale, contact Jean at 918-392-1960 or  showhomestulsa.com

 

Tulsa Abstract Problems–  When someone owns several different pieces of Tulsa property and they want to convey a piece of property to a trust there can sometimes be problems.  For example, they might have sold a property only to realize it years later when trying to place the property in a trust. This is not always that common but can happen when you or your family own many Tulsa area properties.  The chain of ownership of the property must be clean in order for the sale or transfer to go through.  If that chain is broken or clouded, the sale can be cancelled.  Un-platted land is what there are  more problems with when compared to platted land.  There are many reasons why problems occur. Remember someone else’s mistake can affect you. Taking care of these problems is what Tulsa area Abstract and Title companies do.  For all your Tulsa area abstract and title issues, contact Guaranty Abstract at 918-587-6621 or www.guarantyabstract.com.

 

Tulsa Area Real Estate For Sale

One Address, Thousands of Homes- Home Guide Tulsa

8954 W 51st Street Tulsa-$999,999- 5 acres with amazing 9000+ square foot home, pool, outdoor kitchen, double curved staircase and more.

5101-5103 E 32nd Street Tulsa- $159,900- investment property subject to lease, 2 bedroom, 2 bath duplexes, mostly remodeled with fireplaces.

328 E 29th Street Tulsa-$315,000- Maple Ridge, 3 bedrooms, 2 bathrooms, over 1500 square feet, basement, garage, remodeled kitchen.

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

The Future of Real Estate Discusses Midtown Tulsa

 

 

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)

 

The Future of Real Estate Discusses Installing a Generator in Your Tulsa Home

 

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.

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