My best mortgage broker says that the 4.2 percent 30 year fixed mortgage rates that some borrowers were lucky enough to snag in 2010 are now history.  I believe that. The good news is mortgage rates will still be historically low, in the 5.5% rates for perhaps the remainder of 2011.  The bad news is 2011…

So you would like to buy a bank owned property? You see the informercials… and you think you can fix up a distressed home, (and sell it), before you pay your first loan payment on the money you borrowed to fix it up! Or… your relatives friends just “flipped” a fixer upper, and you think you can do the…

Your take-home pay will go farther in Oklahoma City’s low-cost metros. By Francesca Levy, Forbes.com Oct 28, 2010 Provided by Forbes Oklahoma may be best known for wind sweepin’ down the plain. But there’s a lot more going on in the Sooner State than Rodgers and Hammerstein musicals would lead you to believe. Just consider the state capital,…

Are you waiting to make that purchase, waiting for the best interest rates, and the 2007 recession to end?  Well… I think now is a great time to purchase.  I can’t believe the great interest rates that are now at 4.8% for a 30 year mortgage.  There’s also an abundance of homes on the market for sale. …

Here’s what is for sale this month or call me at 405-249-2810 for what’s available with other real estate companies… I’d be happy to help you find what your looking for! Homes for Sale 2903 Sage Court, Purcell, OK $189,000.  New 2010 construction for sale. Beautiful designed four bedroom home in the “Arbors” Northridge Addition of Purcell….

Lead Base Paint is in all homes built before 1978. That is what I tell my customers when they are looking to purchase a home built in prior to “78”. My job is to help the consumer to understand about defects and disclosures. So, I explain to consumers that even though a seller may say there’s…

Helping buyers with information about the roofing materials and it’s condition should be directed to a roofing expert for inspection. I have found that composite shingles are the most commonly material used. The lower-end, three tab shingle vary in life ranges of 15 to 20 years, where heavier and more expensive architectural shingles give a textured,…

According to the U.S. Census Bureau… the average square footage of a new house has decreased slightly to 2215 square feet from it’s high of 2277 sq. ft. in 2008. This is the first drop since the recession of the early 1980’s. Americans are starting to embrace the idea that less is more when it comes…

A computer program called Desktop Underwriting states that a consumer should expect 28% of gross income spent on housing expense and could not exceed 36%. Other than government lending programs, (and rules change all the time), the borrower also needs equity in the form of a downpayment…. not to mention being credit worthy.

Getting your property priced correctly at the listing with your Realtor is “key” to having a quick sale. My job, as your Realtor… is to assist you the buyer, with comparable sales of property and provide information as to what your listing is worth today. Sometimes, I might suggest having a professional appraisal in hand, to…