Category: For Buyers
Yvonne
Typically I sell homes all over the metro area, however this client was referred to me by a lender I often work with, IFreedom Direct based in Utah, primarily a VA Lending institution. It so happened that the home she wanted was in Enid, over an hour’s drive from the metro. Authentisign allowed us to [...]
Beautiful $2.7 million home in Edmond
Today at lunch I visited a beautiful $2.7 million home located in Edmond that just came on the market. Believe me, there is a LOT you can do with a home for $2.7 million dollars! Part of the value was 26 acres only minutes from downtown Edmond and I-35. With over 7,700 square feet of [...]
HUD loans available for Oklahomans in risk of foreclosure
The US Department of Housing and Urban Development (HUD) recently launched the Emergency Homeowner’s Loan Program to help homeowners in risk of foreclosure. The program is designed to help homeowners who have experienced a reduction in income and are at risk of foreclosure. The program can provide eligible homeowners with an interest-free, forgivable loan that [...]
Credit Scoring Made Simple
What is credit scoring? Simply put, credit scoring is a method of assessing the credit risk of a loan applicant. Credit bureaus such as Experian, Equifax and Trans Union each developed mathematical scoring models that allowed them to offer a score based solely on the data of a single borrower. It evaluates a person’s credit [...]
Using the Internet to Find Your Next Home
Internet Changes Everything The biggest change in real estate in the past 20 years has been the ascendence of the Internet. The vast majority of buyers begin their search for a new home on the Internet, and nearly every home for sale can be found somewhere on the Internet. You can now find your home, [...]
FHA 203K Loans let you buy home then renovate!
Even though Oklahoma’s economy has held up better than the rest of the nation’s, there are still many distressed properties for sale through for foreclosures and short sales. We get calls constantly from buyers wanting a “bargain” – maybe a HUD home or a foreclosure. The problem is that many buyers looking for a bargain [...]
Native American Home Loans
Oklahoma has always been “Indian Country”. With America’s highest concentration of Native Americans, Oklahoma is home to 35 different tribes. Well over 1/4 of the people now living in Oklahoma have some type of Indian heritage. Because of this high concentration of Native American’s, the HUD section 184K loan is an attractive, yet little known [...]
After the Bubble – How to obtain the best mortgage rates
While interest rates are at an all time low, some home buyers are finding it hard to quality for these low interest rate home loans. There are five key factors that a bank will look at when determining the rate you will pay on a loan.
Choosing a Home Inspector
When purchasing a home, one thing most buyers want is a home inspection. This helps the home buyer understand what they are getting and any potential pitfalls that may await. It can also save them from expensive surprises later either when something breaks, or they prepare to sell their home years later. Your choice of [...]
First Time Home Buyer Down Payment Assistance
The deadline for getting down payment assistance with bond money is fast approaching for first time home buyers has been extended to Dec 31! If you are a first time home buyer looking to purchase in the OKC Metro area and meet the simple qualification requirements, you could get down payment money for your home [...]