tulsa homes: It sold but......... - 04/20/11 06:52 PM
 
....it took eight months during which time the seller made mortgage payments, utility payments and lawnmowing and maintenance on a vacant house.
It's a reminder that we are just not serving the client to agree to a higher list price just to get the listing and have it sit on the market for months and months.  The kicker is that this seller was very businesslike and agreed to most of my recommendations.
"Mr. client, I understand that you would like to list at X.  I would like to tell you about a house that I just sold.  It sold but … (0 comments)

tulsa homes: Mortgage Insurance goes up April 18th - 03/29/11 01:42 PM
Here's what Mortgage Insurance is costing you now, and here's what the increase will cost.
 
Let's look at an example of a $200,000, here in Tulsa, Oklahoma you can get a nice home for this amount.
*Note that PMI costs more with conventional financing which means that you are paying a below market rate for the insurance with FHA financing which explains why FHA is currently losing billions of dollars each year.  You can avoid PMI by putting 20% down.  Check with your experienced loan professional.
Currently, PMI with 30 yr financing is 1% up front and .9% per month. … (0 comments)

tulsa homes: Simmons Homes- Extreme Makeover on TV this Sunday (I'm a Big Fan) - 05/15/08 10:26 PM
We'd looked at about twenty four houses, and wrote an offer on one.  It was the nicest house in a medium house neighborhood, I had some concern about regression (from real estate class, when the biggest homes in a neighborhoods values tend to regress to the mean) and we didn't quite bid high enough to get it.
Then I tried something new.  I took out all the square footage requirements that my clients had suggested and, lo and behold, some new construction homes popped out.  Of course, a lot of builders don't put their square footage in for their homes so … (0 comments)

 
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Peter Tamura

Tulsa, OK

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RE/MAX Executives

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