Category: Broken Arrow (13)

If you’re buying a house, you have the right to hire a home inspector that will check it out and make sure it’s in decent shape. To ensure you get the most out of your home inspection here are some questions to ask.

“What is actually covered in a home inspection”?

Each home inspection company is different and offer different packages that cover different items. Some are general home inspectors, while others are licensed structural engineers. Your real estate agent should be able to recommend several different ones for you.

“What do home inspectors check”?

Home inspectors are restricted to a visual inspection only. For example, they can’t cut a hole in somebody’s wall. Based on what they see, they may recommend a specific licensed professional such as a roofer, HVAC person or electrician to come back and do a more detailed examination.

It’s also important to understand that they’re looking at what exists in the house the day of the inspection. They cannot predict the future. Here is a list of items a general home inspector looks at.

  • Structural inspection / cracks in walls, brick, rock, attic framing, joists.
  • Signs of water damage – such as warped walls and sloping floors.
  • Adequate water pressure. Is a pressure test recommended?
  • Issues with major components (e.g. furnace, water heater). Are they in “normal working order”.
  • Leaks (outside faucets, under sinks, tub/shower drains).

“Can I come to the inspection”?

Any good inspector and real estate agent will want you, the prospective owners to be present at the inspection. Seeing somebody explain you’re houses systems and how they work, will always be more valuable than reading a report, and it gives you the opportunity to ask questions and get clarifications in the moment.

“How long will the inspection take”?

Inspections often take place during the workweek, and without the seller present. The sellers’ agent may be there though. Knowing how much time you’ll need to block out will keep you from having to rush through the inspection to get back to the office. Most inspections last 1 1/2 – 2 hours for a group of inspectors up to half a day for a solo inspector. It will also depend on the condition of the house.

“Is this a major or minor issue”?

For most people, people buying real estate is the biggest purchase they’ll ever make. It’s not uncommon to get worried over terms like “foundation issues” or “roof problems”. In most cases, though, these issues aren’t as intimidating as they seem.

The important question to ask a home inspector is whether the issues is major or minor. By doing this, you could end up asking the seller to make a $100 repair rather than backing out of the deal of a lifetime.

After the inspection

At the end of the inspection, the inspector(s) should give you, a summary of what was found. You’ll get a written report usually 24-48 hours later, but this time is a great moment to get clarity on what the inspector thinks are the house’s biggest issues, and whether they need further investigation. Your official home inspection report will have more details along with photos.

You should walk away from inspection day with a mental punch list of things that need to be addressed by either the seller or another expert before closing and what you can do after the purchase. In some states, there’s a limited amount of time for these negotiations to happen, so you and your agent will need to act quickly. In Oklahoma, the standard timeframe is 10 days to complete all inspections and turn in a TRR (treatment, repair, replacement) form.

A lot of factors go into determining the right time to sell your home. The economy, the housing market, and even the season of the year can affect the sale. Conventional real estate wisdom says the best time of year to sell your home is spring because families want to move while the kids are out of school. Therefore, spring is usually when the housing inventory peaks.

But there are arguments for selling at other times of the year. You might not think so, but winter can be a great time to sell a home! When you place a home on the market in winter, you don’t have to compete with nearly as much inventory, making your home stand out and have less competition. Also, buyers in winter generally want to get the deal done quickly and are more likely to hit your price point.

Here are some tips for getting your house sold in winter.

Don’t forget to winterize your home!
People shopping for a home in winter generally pay closer attention to winter issues, like the heating and air, the roof, insulation, and heating costs. Get your HVAC and roof inspected and tuned up/repaired if needed. Clean the gutters and replace them if they’re worn out. Weatherstrip the windows and doors to keep the cold out and the heat in.

Maximize lighting.
Interior lighting can be a challenge during the winter because of snowy skies and shorter days. Painting your home’s interior, a bright, neutral color will make it brighter throughout.

Take advantage of winter staging.
You want to make prospective buyers in your home feel warm and cozy in winter. If you have a fireplace, light it up. Put out some warm winter throws on the couch. A stack of logs by the fireplace, warm cider on the stove, and a holly wreath will make your home seem cozy and inviting.

While spring may be the most popular time to sell your home, don’t discount winter for making the sale: it has its advantages.

Quit Claim Deeds

Quit Claim Deeds

 

A lot of people that own land or Lots typically transfer ownership via a Quit Claim Deed. Which if done correctly is not a problem at all. However with the internet making form so readily available I am seeing more and more deeds that are completed incorrectly or not filed.

In the last 2 months I have run into these type problems in several forms. One person use commas (,) in the legal description of land instead of the word “of”  i.e. Northwest ¼ of the Northwest ¼ –NOT—Northwest 1/4,Northwest 1/4 . Another common mistake is the use of the owners names John Doe and Jane Doe need to have a further description behind the names. i.e. John Doe and Jane Doe Husband and Wife or John Doe and Jane Doe single persons.

Another common problem we have been seeing is a tract of land being deeded off to someone else after a bankruptcy of divorce has been filed. I don’t think these were done to hide anything from the bankruptcy or divorcing spouses at least not in the case of the one I have run into lately. But if the Quit Claim Deed transfer takes after the date of the bankruptcy or divorce filing it now has a cloud on the tile. In the case of a bankruptcy the bankruptcy will have to be reopened and the property dealt with. In the case of t a divorce the ex-spouse will have to sign a new quit claim deed.

And the final problem is someone give you a quit claim deed and you do not file it at the county court house in the county the land is located in you may or may not have legal ownership, I will leave that to the attorney’s.

The bottom line is have an attorney or title company review it for you and check to make sure no leans have been levied on the property before you take ownership. The small fee they would charge you will save you a big headache and possible legal fees in the future.

 

April Housing Market Tulsa, Oklahoma Metro Area is Booming. The following stats will give you an idea why you should list your home now IF you are thinking of selling it. Broken Arrow home Value from $100,000 – $200,000 has a 1.54 months supply, $200,000 – $300,000 has a 3.95 months supply in the April housing market. That means if your home should sell if priced properly within 1.54 months or 3.95 month respectfully April Housing Market , Wow you better be ready to move. Broken Arrow is not the only hot spot Jenks $100,000 – $200,000 has a 1.70 month supply, $200,000 – $300,000 has a 3.68 months supply. Bixby $100,000 – $200,000 has a 2.12 months supply, $200,000 – $300,000 has a 3.89 months supply. Lastly Owasso $100,00 – $200,000 has a 1.50 month supply and $200,000 – $300,000 has a 2.88 months supply of homes on the market April Housing Market . And all the other metro cities and Towns have similar numbers from Collinsville to Skiatook to Glenpool, Sapulpa, and Sand Springs.

Interest rates are still favorable, but remember as our economy keeps getting stronger the rate will keep rising which in reality is a good thing. So if you are thinking about buying or selling now is a really good time to get started. The Bigelow group would by happy to meet with you to go over this information or anything else to help you decide if now is the right time for you to put you home on the market. I also want to remind you we are never to busy for a referral – so if you know a Family member, Friend, Co- Worker or neighbor thinking of selling or buying please refer us to them our website www.jimbigelow.com of just have them call Jim Bigelow 918-640-4657 / Jim@jimbigelow.com or my daughter Lindsey Stucky 918-269-7652 / Lindsey@jimbigelow.com

 

Total Homes For Sale In Tulsa Metro

The following chart is a breakdown of all the homes for sale in the Tulsa Metropolitan area by price range. It show all the Homes listed which is the total of the Home pending (Sold but not Closed) plus  the Active homes (still available). in the listed school districts below.

Total Homes For Sale In Tulsa Metro Area = 3,663
              Price Demand Closed
                Range T.O.M. Supply Active Pending < 6 Monthes
$0 $49,999 100 2.73% 3.45 69 2.47% 31 3.55% 174 3.35%
$50,000 $74,999 124 3.39% 3.70 74 2.65% 50 7.80% 201 3.86%
$75,000 $99,999 148 4.04% 2.93 92 3.30% 56 6.41% 303 5.00%
$100,000 $199,999 1,214 33.14% 2.95 830 29.75% 384 43.99% 2,466 47.41%
$200,000 $349,999 1,160 31.67% 4.72 942 33.76% 218 24.97% 1,474 28.34%
$350,000 $499,999 492 13.43% 7.15 416 14.91% 76 8.71% 413 7.94%
$500,000 $999,999 326 8.90% 13.40 280 5.00% 46 5.27% 146 2.81%
$1,000,000 UP 99 2.70% 24.75 87 3.12% 12 52.00% 24 0.46%
3,663 100% 2,790 95% 873 153% 5,201 99%
-44.36% -35.29% -14.85%
Per NORES MLS system for school districts 1,2,3,4,5,6,7,9,,10,11,13,28,30,49,50
Market Status Information

Fell free to call me if you would like to discuss anything about this chart or any other real estate questions

 

Jim Bigelow

Coldwell Banker Select

Tulsa Oklahoma

918-640-4657

Jim@jimbigelow

Jim Bigelow and Lindsey Stucky from Bigelow Group Real Estate
The Bigelow Group team: Jim Bigelow, daughter Lindsey Stucky, Scot Jobe, Ali Herrmann, Kathy Zwart

I know some of this may sound silly but it will affect your ability to qualify for a mortgage.

  1. Don’t change jobs even if you get a large raise. Ask the new employer if you can wait to start until your mortgage is closed. Also don’t reduce hours, quit or start your own company.
  2. Just because you are on vacation don’t make a late payment for anything. Make the payment early and be safe.
  3. Don’t buy a vehicle for any reason again wait until after closing. You will be glad you did.
  4. Okay maybe your new house deserves some new furniture but don’t buy it until after closing. Just writing up the ticket or getting no payment for a year can and will jeopardize your mortgage closing.
  5. Don’t close a credit card, increase the balance or max out the limit.
  6. Oh yah Don’t Shop for any new credit cards of any type either.
  7. Do not co-sign for a loan or credit card with another person.
  8. Don’t spend any of your down payments money even if you think you have more than enough.
  9. Do not take a loan against your retirement/investment funds or get a gift for the closing cost without talking with your lender first. There are specific guidelines that must be followed.
  10. Don’t make any large deposits into your bank account outside of payroll. And if you do have the funds documented as in some case these funds will not be allowed to be used for closing.
  11. Do not deposit cash
  12. Do not change bank accounts or transfer funds to a new bank
  13. Continue to pay all of your existing bills timely
  14. Do check your email on a regular basic as your lender may need addition documentation and respond as timely as possible.

I know this sounds like common sense but will all do things on a daily bases without thinking that yes we can afford but causes an underwriter to ask for additional information or just reject the loan at the last minute.

Call me anytime and let’s discuss real estate. We are here to help or Check Out Heather Jobe at First Mortgage  www.firstmortgageco.com/heatherjobe

Garden Fresh Salad

Garden Fresh Salad

Having small – medium or large garden in the backyard is a fun thing to do for the whole family. And, when it comes to eating it wow, what fresh and rewarding dinner. Try this as an example:

6 Tomatoes cubed, or 4 cups of cherry tomatoes halfed.

3-4 Cucumbers, Chopped or Diced.

1 large Onion – whatever type you planted.

8-10 oz of Blue Cheese or Feta crumbled

¼ c red wine vinegar

½ c Olive oil

1 Tbsp of dried herbs your choose.

Optional Bell Peppers, Carrots, Snap peas or whatever else you may have grown in your garden.

Enjoy your home and family this summer and don’t forget to Contact Jim Bigelow, Lindsey Stucky, Ally Herrmann, Scot Jobe or Kathy Zwart when it is time to learn more about how we can work to get your home SOLD!

Jim Bigelow Associate Broker Coldwell Banker select

918-640-4657, Jim@jimbigelow.com, www,jimbigelow.com

Serving the Tulsa Metropolitan area.

WATERING TIPS

SPRING WATERING TIPS

 

Fortunately, we enjoyed a very wet spring. Lakes are full and lawns are green. Of course, no one knows what the summer months will bring, but in most years the weather turns hot and dry, necessitating watering our lawns, flowers and Landscape.

 

Here are some tips for maximizing the benefits from watering your lawn.

 

First, raise the cutting height of your lawn mower and use a mulching blade. The taller grass and grass clippings helps to insulate the ground from the effects of the sun. It keeps the temperature of the soil cooler and helps to maintain more moisture in the soil.

 

Second, water less frequently, but when you water, do it for a longer period of time. It is far more effective to give your lawn a good soaking about once or twice a week than it is to water a little every day or every other day. The heavier, less frequent water encourages the lawn’s root system to grow further into the earth and makes for a healthier lawn. Obviously, watering amounts and cycles will vary with the type of grass and soil conditions with each lawn.

 

Flower beds and landscape may require a light afternoon watering. Just a few minutes for each landscape zone to refresh the plants and flowers.

 

Curb appeal makes everyone happier for the Owner to the neighbors and really attracts              Buyers when you are selling.

Contact Jim Bigelow, Lindsey Stucky, Ally Herrmann, Scot Jobe or Kathy Zwart to learn more about how we can work to get your home SOLD!

Jim Bigelow Associate Broker Coldwell Banker select

918-640-4657, Jim@jimbigelow.com, www,jimbigelow.com

Serving the Tulsa Metropolitan area.

Ranch

CUSTOM PHOTOGRAPHY / VIDEOS

Today, all major studies show the vast majority of prospective home buyers utilize the internet to search for homes. The same studies also report buyers will spend more time looking at homes which have quality pictures and/or videos for them to view than those that don’t. At The Bigelow Group / Coldwell Banker Select we recognize the importance of photos and video in selling homes today.

Therefore, we now have a professional state-of-the-art video tours which may include aerial drone footage, indoor tours and voice-overs. These stunning, high definition videos highlight your home and its amenities to give the viewer the best impression of your home and keep their attention on your property. We also provide a YouTube video which can be shared easily online to generate more interest in your home.

The Bigelow Group / Coldwell Banker Select we also know how to disseminate these photographs and Videos to be included on all the residential home searches to include www.coldwellbanker.com, www.cbtulsa.com, www.jimbigelow.com, www.trulia.com/Homes, www.Realtor.com, www.zillow.com, www.youtube.com/user/realestate, just to name a few.

Contact Jim Bigelow, Lindsey Stucky, Ally Herrmann, Scot Jobe or Kathy Zwart to learn more about our custom photography & videos and how they can work to get your home SOLD!

Jim Bigelow Associate Broker Coldwell Banker select

918-640-4657, Jim@jimbigelow.com, www,jimbigelow.com

Serving the Tulsa Metropolitan area.

FLAG DAY

  • Image result for flag day 2017

Flag Day

Most of us know that once an American flag is worn, torn, or otherwise in need of being retired, we’re supposed to burn it.

But most of us probably aren’t in any position to burn one properly.

Going in and out of so many homes each year, I see people with flags that need to be retired, just sitting in the garage, or basement. Most likely because nobody ever motivates to figure out where to bring a flag to be properly retired.

So, with Flag Day approaching, I thought it would be a good idea to send along where you can bring any flags you have that need to be retired.

In our area, you can bring your flags to Boy Scout Troop 3 at Heritage United Methodist Church 5300 E Kenosha, Broken Arrow. You can bring them there on July 2nd from 10 a.m. to 6 p.m., July 3rd from 1 p.m. to 5 p.m. and July 4th 9 a.m. to 4 p.m. The Boy Scouts of Troop 3 are performing this project as a service to the community and to promote good citizenship as the birth of our nation is celebrated.

Hope this information comes in handy for you now or in the future!

 

As a reminder in the United States, Flag Day is celebrated on June 14. It commemorates the adoption of the flag of the United States, which happened on June 14, 1777. In 1916, the president of the United States issued a proclamation that officially established June 14 as Flag Day; in August 1949, National Flag Day was established by an Act of Congress. Flag Day is not an official federal holiday

Jim Bigelow Coldwell Banker Select Broker Associate
Realtor, CRS, GRI, LOAR,ePro,SRES
918-640-4657
jim@jimbigelow.com
www.jimbigelow.com