Which is the Best Part of Tulsa for You?

Which is the Best Part of Tulsa for a First Time Home Buyer?

Demand

“Image courtesy of koratmember / FreeDigitalPhotos.net”.

6:32  First-time Home Buyer Loan Tulsa–  Midtown or South Tulsa?

Which Homes are Better- South Tulsa or Mid-Town? For first time home buyers, selecting a home can be a daunting task. There are many new things to learn and on top of everything you must decide whether to purchase a new home or older home and in what area of town you want to live.  For many young professionals, Midtown is the place to be.  It’s especially popular for those wanting to live near Brookside and Cherry Street. The Midtown area is about the lifestyle. It draws people.   There are many locally owned shops and unique stores and restaurants in Midtown arTulsaea.  It can also be good for those who work downtown.

Downtown Tulsa is developing more residential living options but the Midtown Tulsa area puts you near downtown Tulsa but in a lower density living environment that downtown Tulsa.  The walk score- how walkable a neighborhood is- is good in Midtown as well.  Midtown is quite different from South Tulsa though.  There is lots of growth in the South Tulsa and Bixby area.

In South Tulsa and Bixby, you are more likely to find chain restaurants and stores. There are many new restaurants, stores, health food stores, and fitness centers.  These have been great for South Tulsa and Bixby economic growth.  There is also lots of new construction.

The types of residential real estate in Tulsa vary  in Midtown versus South Tulsa and Bixby.  Midtown homes are generally older homes built from the 1920’s to the 1970’s.  These homes can often be pricey for first time home buyers.    In South Tulsa and Bixby you are most likely to find newer homes than those in Midtown.  For many Tulsa home buyers, especially first time Tulsa home buyers, purchasing a home in Midtown might seem a little out of their price range. Purchasing a home at a lower price and fixing it up can be a great opportunity to get a  home in the area you want, whether Midtown or South Tulsa.  When thinking about what type of home to buy and in what area, ask yourself:

  1. What type of lifestyle are you looking for?  Want to bike or walk to work?
  2. How much risk you are willing to take?
  3. How willing you are to work with a contractor? or How much work you can do yourself?
  4. How much down-payment or equity do you have?

There are lots of great homes for sale in the Tulsa area, talk to your Tulsa Realtor for more advice.

Read,  “What is an As-if Tulsa House Loan” for information on a special type of Tulsa house loan that can save you lots on closing costs.

 

 

What is the Difference Between an Associate, Agent, Broker and Broker Associate?

Darryl talks about the different titles real estate agents are called and what they mean.

Real estate agents have different titles they can be called. You’ve probably heard of the terms agent, associate, broker and broker associate. This can be confusing to the public, so let’s discuss what they mean.

Long ago, we were all called agents, but there were certain duties you’d have to perform which created a mess. The law now states that we are sales associates, and this cleared up some of the duties that are required for a broker and the broker’s agents. While, you can still call your associate a real estate agent, our legal title is sales associate. This new title protects home sellers and buyers, by preventing an agent from performing certain duties that could potentially cause a problem. But, you’ll hear most people refer to us as a real estate agent, associate, broker or broker associate. And these names at times can be used interchangeably.

The difference between a real estate broker and an agent or associate, is the broker has a higher level of experience. They’ve also undergone additional testing. These individuals receive a new license to show that they are a real estate broker. They can have their own company with associates working for them.

Brokers report to the real estate commission. When managing sales associates, they are required to make sure everyone is following the rules and regulations of the real estate commission. This is why, if you’ve encountered an issue, your real estate agent may need to check with their broker. This ensures all laws are being followed.

Sometimes, you can have a broker act as an associate, hence the term broker associate. While they have all the experience, skills and the license required to be a broker, they’ve decided to step outside of the management role, and act solely as a sales associate. And, this is what I’ve done. I am a real estate broker, but I’ve decided to focus on helping home buyers and sellers, instead of managing associates.

For real estate questions, contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or darrylbaskin.com.

 

Optimist International Works to Bring Out the Best in Our Youth, Communities and Ourselves


Ron Whitaker speaks about Optimist International Club – how they help our local community, and how you can help too.

Local events bring people within a community together, whether it’s an activity, or a cause. It’s beneficial both for the community and its members. Connecting people through events allows people to have a sense of belonging, form meaningful relationships and feel inspired to help others in their community. In addition to these benefits, it also helps support local businesses and the local economy.

Optimist International helps communities by creating local activities for our youth. This provides children with positive community experiences, allowing them to develop to their full potential. Volunteers feel more connected with people within their community. They find that they enjoy speaking with local kids, and learning more about what good things they are doing in their lives.

They’re celebrating their 100th year anniversary this year. Optimist International’s vision statement is, “Optimist International will be recognized worldwide as the premier volunteer organization that values all children and helps them develop to their full potential.”

Optimist International of Tulsa, OK unites youth by hosting local community activities such as junior golf and fishing derbies. Other events Optimist International hosts are scholarship activities and Junior Optimist International. They work to teach youth to be kind to others, make others happy, have a cheerful outlook and look at the positive side of things. Sometimes, it’s hard to do these things when life is challenging. That’s why it’s important to have constant reminders to keep a cheerful outlook. Asking yourself, how are you going to positively impact someone this week is a good reminder.

What can you do to help? Optimist International could use help with events, raising money or joining our meetings. While many individuals worry that they’ll sign up for something that they aren’t able to commit to, there are many volunteer opportunities big and small. Many individuals running events need help with simple tasks, such as making sure an event has plates. And, you’re not required to attend meetings nor is this an organization that will be a financial burden to you.

If you’d like to see what Optimist International is all about, join us for our local fishing derby on June 2nd in Mohawk Park. There are also activities being held at Fortune Park and in the surrounding towns – Jenks and Broken arrow. If you’d like more information about the events or volunteering, you can call/text Ron Whitaker at 918-249-8353.

For real estate questions, contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or darrylbaskin.com.

Understanding the Risks Tulsa, OK Homebuyers Have to Deal With

Darryl & Stan review a listener question about paying for an inspection as a buyer, and the possible risks involved.

As a Tulsa, OK homebuyer, part of your responsibility is to pay for a home inspection before you can close on the property. An inspection acts like a piece of extra insurance and can be used within the negotiation process of buying your home. If something remiss, such as leaking pipes, comes to light from an inspection, you, the buyer, can renegotiate the sale price or come to an agreement with the seller as to who will pay for the repairs.

In getting specialized reviews of a home done, such as an inspection or appraisal, there is a risk that something will be revealed which could lead to the deal falling apart. For example, if an inspection reveals repairs that need to be done, a new inspection may be needed to confirm the work has been done properly.

Another example is the potential of a seller to reject an appraisal from the buyer’s lender. If the appraisal comes in lower than expected, they may not want to sell to you after all. They could decide to hold out for a buyer with a lender willing to cover the loan for the listing price they have decided on.

Whatever the reason, if an inspection or appraisal doesn’t go as hoped for, having an experienced Realtor® on your side is a valuable resource for any homebuyer, or seller. As a realtor who understands the local market, I use my experience to help my clients know what to expect, to understand the possible risks, and to also help negotiate with the other parties involved. The goal is finding solutions everyone can agree with.

With an experienced Realtor® who has their clients’ best interests in mind, homebuyers can face the risks of the unknown becoming apparent with confidence. My goal is to not only help you but to also educate and give you the resources you need to make the best-informed decisions for you own needs. Before you hire an agent, give this idea some thought, then check out the 20 Questions I have compiled which can help you start the conversation with potential agents.

This in-depth guide is a valuable resource to assist you through the process of finding the right agent. Download my FREE homeseller and homebuyer report,20 Questions You Absolutely Must Ask Your Next Agent Before You Sign on the Dotted Line for a complete list of questions to include in an agent interview when hiring a Realtor®.

 

Featured Properties:

NEW! 314 E 112th St. Jenks, OK  $280,000, 2,751 Sq. Ft. 4 bedrooms, 3-car garage, within Jinks school district. A hard-to-find home for the price and size together!

4706 S. 178th E. Ave. Broken Arrow. $259,000, 3,000 Sq. Ft. 2-story home with 4 bedrooms, 3 of which are on the lower level. Located in Stonegate neighborhood.

940 E. College St.  Very affordable condo ideal for convenient living. $68,000. 2-bedroom, 1.5-baths, 2-level unit in Broken Arrow. Live a more care-free lifestyle close to downtown. The best of urban village living within a home-town atmosphere.

For a complete list of active listings, visit homeguidetulsa.com

 

For real estate questions, contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or darrylbaskin.com