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




Tuesday, April 30, 2013

Where's the Buyers?

Where's the Buyers?  I remember the commercial that said... Where's the Beef?

I know realtors work on marketing and selling their own listed properties.... (and there's a lot listed these days).... but, I sure have some nice listings and no one to show them to! 

So, if your in the mood to move to central Oklahoma... more specifically McClain and Cleveland Counties - I can show you one of my beautiful homes for sale on a variety of lots, tracts and acreages.  All different house sizes and styles!... All different prices too.

Here's some addresses of home for you to google...
or go to my web site at
www.DeborahAllisonRealEstate.com
or look on www.realtor.com . 
Another great site to look at interior photo
tours is www.openhouseok.com

You asked for it... I can get it!  (hmmm, sounds like another commercial)....

500 W. Morehead Ave., Washington, OK 73093

802 Willow Creek Circle, Purcell, OK 73080

1197 Blue Ridge Dr., Purcell, OK 73080

12754 120th St., Lindsay, OK 73052

212 Hoffman, Dr., Norman, OK 73026










Monday, April 15, 2013

Newer 2011 Rock Home on 5 acre Tract East of Norman located at 212 Hoffman Drive

Home for Sale just East of Norman off Alameda and 84th
Country seclusion on this 5 acre parcel, on nice black top street, close to fire station and only minutes to campus, and wonderful utility bills. Horses are allowed so you have the best of town and country! The details on this newer home is...
  • 2011 Rock Home
  • 2260 Sq. Ft. of Living Area
  • 3 Car Garage
  • 2.5 Baths
  • Safe Room/Vault
  • Geo Thermal HVAC
  • Generator Back Up Ready
  • Security Wired Doors and Windows
  • Engineered Pier Foundation
  • 575 Sq. Ft. Covered Patio
  • Internet Service Tower
Please call, email or text for details or appointment!

Deborah Allison Real Estate
405-249-2810 Text or Call
deborah@deborahallisonrealestate.com

Wednesday, March 27, 2013

Looking for Homes or Land in Central Oklahoma?

My Homes are Looking for you!  I have several, large family homes available in Lindsay, Purcell and Norman, Oklahoma.  Photo tours are all available to see at www.openhouseok.com or my web site at Deborah Allison Real Estate.com .  You can find prices at www.Realtor.com or at the openhouseok tour.  Calling, texting or emailing will work as well.  I'm always working and on call so... I might be with another customer, so lease leave a message and I will always get back to you ASAP.  Thanks for checking me out!

Deborah Allison, Broker, GRI, RLI, e-Pro



1197 N. Blue Ridge Dr., Purcell, OK 73080
212 Hoffman Dr., Norman, OK 73026
500 W. Morehead, Washington, OK 73093
12754 120th St., Lindsay, OK 73052
802 Willow Creek Circle, Purcell, OK73080
 
 
 






Thursday, February 21, 2013

What's for Sale?



Here's a list of Real Estate I have Listed Today

Homes

1115 Southridge Drive, Purcell, OK 73080,  A 1996, 1574 Sq. Ft., 3BR/2BA/2 car garage, brick home, in town. $119,900

12754 120th St., Lindsay, OK  73052, A 2008, 2928 Sq. Ft., 3BR/2BA/2 car garage, brick home, on 15 acres with a 1500 sq. ft. shop. $285,900


212 Hoffman Dr., Norman, OK 73026, A 2011, 2260 Sq. Ft., 3BR/2.5BA/3 car garage, stone home, on 5 acres. $353,900

500 Morehead Ave., Washington, OK 73093, A 1996, 2888 Sq. Ft., 4BR/3BA/3 car garage, brick home, on 1/2 acre. $289,900

802 Willow Creek Circle, Purcell, OK 73080, A 1979, 3958 Sq. Ft., 4BR/4.5BA/6 car portico, stone & board & batten exterior, pool, and in-law suite apartment, in town, $299,900

1197 Blue Ridge Dr., Purcell, OK  73080, A 1997, 1965 Sq. Ft., 3BR/2BA/2 car garage, brick home, in town. $169,900

418 W. Adams, Purcell, OK 73080, A 2007, 1120m Sq. Ft., 2BR/2BA frame home with vinyl siding, in town. $80,500

Land

Lots for New Home Construction, Covenant Trails, Tuttle, OK 73089. $22,500

10 Acres tract for New Home Construction, located on 12th, Goldsby, OK 73093. $70,000

Plenty More Homes and Land Available Listed with Realtors in my Area.  Call or Email Today for a Complete List.  405-249-2810 or email deborah@deborahallisonrealestate.com








Are you Looking for a Home or Land to Purchase in Central Heart of McClain County?


Homes and Land for Sale in the Washington and Purcell, Oklahoma Area

Interest rates are incredibly low for qualified buyers to get into their first home, or moving up to a larger home.  Even sizing down... it's a great time to buy!

USDA loans are available in McClain county which allows buyers to get a mortgage with zero money down.  (What a wonderful loan program!  And it's not available in all counties).

FHA loans require a 3.5% investment from the buyers, but... this money can come as a "gift" from a relative.  On April 1st, 2013... the FHA loans are going to cost a buyer more to get the same loan... on the same house.  So, why are you waiting?!!!!  Qualified buyers need to call or email today for a list of homes available in Purcell, Goldsby, Washington, Wayne or surrounding areas.

VA loans can get veterans into homes with zero money down, but of course, you must be military.

Conventional loans are usually 10% to 20% down, and don't carry the mortgage insurance premium that other home loans do.

And, if your looking to land to build your home on?.... there lots, tracts and acreages available.  A land purchase generally needs a 20% down investment, as well as your good credit.  A small, 1 to 2 acre tracts are generally going to have building restrictions as to size and type of home you build.  These restrictions are called Covenants and Restrictions... some times referred to as C&Rs.  Tracts that have no restrictions can have mobile homes, metal buildings, barns, etc.

If you need more details on any of these purchases, please call me.  I have dozens of lenders that specialize in different types of loan for each individual home and individual buyer.  What everyone must have is a good credit score and credit history to buy homes or land. 


Friday, February 8, 2013

Bad News for New FHA Loan Homeowners Futures

On April 1, 2013... FHA's ongoing efforts to strengthen the Mutual Mortgage Insurance Fund, (MIP) will now last the entire term of the mortgage loan. 

The MIP amount WAS, (prior to 4-1-13), financed into a buyers monthly mortgage payment until the buyer paid in 20% on the principal, or 78% of the loan.  NOW, the MIP stays on the entire length of the mortgage.

This equates to higher MI payment, which means less house to qualify for.  Make your purchase close before April 1, 2013.
 

 

 

 


Tuesday, January 29, 2013

Housing Trends eNewsletter

Welcome to the most current Housing Trends eNewsletter.
This eNewsletter is specially designed for consumers, with
national and local housing information that you may find
useful whether you’re in the market for a home, thinking about
selling your home, or just interested in homeowner issues in
general.

Please click on this link to view the Housing Trends
JANUARY - 2013 Newsletter
http://deborahallison.housingtrendsenewsletter.com

Housing Trends eNewsletter is filled with local and national
real estate sales and price activity provided by MLSs and the
National Association of Realtors, U.S. Census Bureau key
market indicators, consumer videos, blogs, real estate glossary,
mortgage rates and calculators, consumer articles, and
REALTOR.com local community reports.

If you are interested in determining the value of your home,
click the “Home Evaluator” link for a free evaluation report:

Home Evaluator Link

Sound decisions can only be made with accurate and reliable
information, and I am happy to be a trusted resource for you.
Thank you for the opportunity to provide this monthly eNewsletter,
and I look forward to answering any questions you may have and
to the opportunity to be your REALTOR® in the future.

Sincerely,

Deborah Allison, GRI, RLI, e-Pro
Deborah Allison Real Estate
23261 280th St. Washington OK 73093 405-249-2810 deborah@deborahallisonrealestate.com
to unsubscribe.deborah@deborahallisonrealestate.com








Thursday, January 24, 2013

Mortgage Interest Deduction

Congressional legislation extended for tax deduction for 2012 and 2013, for filers making less than $110,000 who pay mortgage insurance, which is included in your home mortgage payment, as quoted from Realtor Magazine.

This tax deduction was intended to be on the "chopping block", which primarily benefits middle income families - as reported from the National Association of Realtors. 

NAR is a "watch dog" for anything that effects the ability for families to own a home.  I'm proud to be a member of the NAR.

Deborah Allison,
Real Estate Broker
Deborah Allison Real Estate