Category: For Buyers
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 [...]
Beware of signing that lease
While I mostly deal with home buyers and sellers, occasionally a buyer may want to lease a home for a year or so before making the final purchase. I might help them find a property to lease until the time is right for them to purchase. But with a lease comes the paperwork. You are [...]
5 reasons why you should write the offer today
Do you really need to write the offer today? As an experienced real estate agent, I must confirm that I have seen people lose the house of their dreams because they hesitated just one day. Yes, just one measly day. I hate that this market demands that buyers make decisions so quickly, but it is [...]
To Lease or Not to Lease
You might assume I’d say “buy” of course, since I’m in the business of selling homes. Well, you know what happens when you assume! Break the word down and you see what happens to U and Me. When a client comes to me and says they want to lease, there’s usually a good reason. Such [...]
Buying “As Is” Properties
When I work with first time home buyers, they will often ask to see Foreclosure properties or rehab properties because they “don’t mind doing a little carpet and paint”. Buyers know that they might get more for their money if they buy a home that has been acquired by a bank or simply needs some [...]
OKC Metro area listings on your iPhone
Once again the Kay Pratt Real Estate team is leading the way with cutting edge web technology. We are one of the first, if not THE first, Realtors to have the OKC Metro area listing on your iPhone. You can download the application from the iTunes store, just search for IDX and download IDX Broker. Put [...]