Wednesday, April 30, 2014

The Dissapearing Act

Spending all day, and sometimes weeks with a seller/buyer... and then, all-of-the-sudden, they are gone?  It's a frustrating and maddening part of real estate, when you have been called on by a buyer/seller... to make appointments, consult, show homes, and then never hear from then again?  No good byes, No "I've found another Realtor", No "you suck at being a Realtor"....  just nothing.

It's a tough job, but so rewarding when your faithful customers and clients do say "thank you" for all the education and "handholding" you've given them through a listing or a purchase. 

That's when... not getting a regular paycheck, (and I've gone 6 months without one)... is still okay.  I'm always overwhelmed when a customer or client is pleased with their service I've provided.

Thursday, March 6, 2014

11.04 Surveyed Acres for Sale in Goldsby, Oklahoma

11.04 Surveyed Acres for Sale in Goldsby, Oklahoma, Centrally located between Norman and Purcell in Washington School District.  No Restrictions, No Homeowners Association & Livestock, Pets, Chickens, etc. are okay.  Call today for a showing when you can't find what your looking for!

Monday, September 16, 2013

10 Acres Near 12th & Redbud, Goldsby, Oklahoma

10 Acres Near 12th & Redbud, Goldsby, Oklahoma

Last 10 acre tract available for this survey.  C&R's apply and local builder that is familiar with the building restrictions.  So, call for appointment, and I can bring the builder out to meet with you!
Barns and FFA farm animals are okay.  Come on down!

Land for Sale in the Washington/Goldsby, Oklahoma Area

I have a really nice 11.60 acre tract to build a new home on that has "views" and a pond!  No building restrictions on building type or size.  This tract has rural water available as well as DSL, and electric lines at the county road.  Call for details and showings.

Mortgage Insurance

Mortgage Insurance Premium Fee

One of my customers was ready to make an offer on a home.  He was pre-approved with a lender, however... that's all the lender did.  Just a pre-qualification.  Which means the lender pulled his credit score.  The buyer had a credit score above a 620, so... he received a Pre-Qualification Letter.

Ready to sign the offer, I went over an estimated cost sheet with my buyer.  I could see the shock in his eyes when he absorbed the estimated monthly mortgage payment... which included the Mortgage Insurance Premium Fee.  This fee was unfamiliar to him, as the lender did not discuss what fees the prospective buyer would be responsible for. 

My customer was expecting the PITI, (Principal, Interest, Taxes, Insurance for the home), but... was unaware of the Mortgage Insurance fee that is required when a buyer does not put 20% down, when making a purchase.  MI, (mortgage insurance), is an insurance policy, the lender makes a buyer purchase, when buying a home.   It's an insurance policy, (the lender hopes to never have to make a claim on) but, it will pay a percentage to the lender, should the buyer default the loan.

So, PITI could also be the Principal, Interest, Taxes, Insurance and Mortgage Insurance.  My customer did not make an offer on the house.

Click on the link below to figure a Mortgage Insurance Premium
Mortgage Insurance Calculator

Title Company Service Fees

Who Pays for What?

I get this question a lot... who pays this cost?  Well, anything and everything is negotiable in a contract.  The standard Realtors contract fees are divided into "NORMAL AND CUSTOMARY" charges between a buyer and seller.

So, if a seller is paying for both lenders and owner title insurance policy, (which is normally a buyers fee), then... the seller can choose what title company to use.

Thursday, June 6, 2013

Home for Sale at 1735 Brookside Dr. in Purcell

Home for Sale at 1735 Brookside Dr. in Purcell,...

is located on a closed cul-de-sac, in an established neighborhood addition, on Purcell's north side of town. This 1983 brick home has steel siding, for no maintenance up keep, a circle drive with river rock and flag stones for a low maintenance yard... and a POOL! 
(a pool will keep you busy with a summer full of fun)!

The pool, and all the mechanicals, are in great working order and ready for new owners to move in to enjoy! The 1840 Sq. Ft. home has 3 bedrooms, 2 full baths, a wood burning fireplace, a large sun room, a huge utility room, and tons of built-in storage with a small office in the garage.  The owners also had all the roofing material removed and placed new shingles on in 2008...
it's ready to go.

Please put this reasonably priced, nice, well maintained home on your list to see when moving Purcell.  All pre-qualified offers will be seriously considered.

Take a full photo tour of the home by clicking link.
Photo Tour