kay@kaypratt.com
    405-641-5754

Kay Pratt RE/MAXKay Pratt RE/MAX

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Six commonly asked questions about “comps”

Realtors™ are bad about abbreviating long words and assuming the general public knows what we mean. Count me guilty. We use the word "comp" a lot. What is a "comp" and what do we mean when we … Continue reading...

Posted in: Ask Kay Tagged: appraisal

Downsides of carpet allowance in lieu of new carpet

Sellers often ask if they can just provide a carpet allowance on a listing in lieu of installing new carpet. In their mind, this is a benefit to the buyer since it allows the buyer to choose their own … Continue reading...

Posted in: Ask Kay Tagged: carpet, fixer-upper, home repair, Paint, sell your home, Tips

I want to sell my house as-is

I sometimes have sellers who don't want to make repairs or updates and prefer to sell their home "as-is". As a home seller, that is certainly an option, but be prepared to take a major price beating … Continue reading...

Posted in: Ask Kay Tagged: as-is, fixer-upper, flipper, home flipper, home sales, investor, repairs

Should I purchase new furniture for my house before I move in?

Want to purchase all new furniture before you move into your new house? Maybe Mathis Brothers has zero percent financing on that new master bedroom suite so you can pay it off over time without any … Continue reading...

Posted in: Ask Kay Tagged: Credit, finance, furniture, home loan, lender

When do I need to move out of my house?

I often get asked "When do I need to pack my belongings and move out of my house once it is under contract?" While it would be nice to just hire a moving company to come and pack your belongings a few … Continue reading...

Posted in: Ask Kay, For Sellers, Homeowners Tagged: cleaning, closing, declutter, moving, packing

Why I Love RE/MAX

I have worked with RE/MAX almost my entire professional career and love the entire team that provides the services my clients need and has my back in this sometimes crazy business. We have over … Continue reading...

Posted in: Ask Kay Tagged: RE/MAX, YouTube

Do I need a home inspection on new construction?

The home inspector uses a Microsoft Surface table to record their findings. In the lower part of the picture is a device that checks for moisture. This is used to detect minor leaks or potential mildew. I love how even home inspectors are going high-tech with their tools!

We often get the question "why should I pay for a home inspection on a newly constructed home? Doesn't it come with a one year warranty?" A valid question for sure. In my experience, you should … Continue reading...

Posted in: Ask Kay, Home Inspections Tagged: Home Inspection, New Construction

Understanding TRR changes in new Oklahoma Real Estate contracts

Question: I heard there were changes in how treatments, repairs, replacements and inspections are done with the new Oklahoma Real Estate Contracts that just came out in November 2015. Can you … Continue reading...

Posted in: Ask Kay Tagged: earnest money, home inspections, Oklahoma Real Estate Contract, TRR

How Long Should We Keep Our Home Records?

Unless you’re living in the 123-room Spelling Manor, you probably don’t have space to store massive amounts of tax and insurance paperwork, warranties, and repair receipts related to your home. But … Continue reading...

Posted in: Ask Kay Tagged: deed, home records, IRS, Mortgage, PMI, tax deduction, taxes

Foreclosures for new home buyers?

Question: We are first time home buyers, and we are interested in purchasing a foreclosure. On television we see how people gain a lot of equity by purchasing a foreclosed property. Can you help us … Continue reading...

Posted in: Ask Kay Tagged: foreclosure, home buyers

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3224 South Broadway Suite 225
Edmond, OK 73013
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Nichols Hill, Guthrie, Edmond, Oklahoma City, Yukon

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