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Preserve at Pine Creek
An Edmond Community...Breathtakingly beautiful estate in a wooded setting, Pool including waterfalls |
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Chitwood Estates
Paradise in Chitwood Farms, gated community w/ pool & clubhouse, Backs to 70 acres conservation area |
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The Grove
Display cabinet in living & formal dining. Study off entry with double doors. Upstairs bonus room. |
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Double the escrow, double the pain
DEAR BENNY: I own a house worth approximately $400,000. The current mortgage is $25,000. A company in Florida took over the mortgage about six months ago. The mortgage company handles the tax and insurance payments through an escrow account. Given the current schedule of payments, the account will have a positive balance all next year. The mortgage company now wants to double the escrow payments.
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KAREN BLEVINS, REALTOR®.... Creating Lifetime Dreams...
Churchill-Brown
Edmond,
OK
73083
405.330.0031
405.203.4663
Contact Me
Visit My Web Site
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It still pays to remodel
The home-sale market has taken a beating in the last few years, which begs the question: Does it makes sense financially to invest in home improvements?
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2010: year of the turnaround?
A spurt in home sales in 2009, aided by low interest rates and the first-time homebuyer tax credit, has led some economists to forecast a turnaround in the housing market this year. Other forecasters feel this is too optimistic a projection.
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Backup offers give sellers a Plan B
Every seller's dream is to receive offers from more than one buyer. Although multiple offers were scarce last year, in some markets and price ranges listings that are priced right are receiving multiple offers, particularly in the low-end foreclosure markets.
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Best payback on remodel
Q: In your opinion, what home improvements (kitchen remodel, new front door, or wood floors) offer the best payback on investment when you are trying to sell?
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Six ways to boost curb appeal
If you're thinking of listing your home this spring, now is the time to be thinking about one of the most important elements of real estate marketing: Curb appeal. It's your one and only chance to make a first impression on a potential buyer, so make it a good one! Here are some suggestions to make your home stand out from the rest:
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Appraisal rules tough on additions
Recently a homeowner in the hills above Oakland, Calif., applied for a refinance. An appraiser visited the property and measured both levels of the house. The appraiser called the homeowner a few days later to find out if the lower level had been added with a permit. The public record indicated the house had three bedrooms, two bathrooms, and 1,513-square feet.
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Is security sign advertising?
DEAR BENNY: I am an 81-year-old widow who bought a townhouse four years ago. There were some odd things going on here so I installed a security system. I have been told that the security sign I have in front of the townhouse is considered advertising and I have to take it down. There are three other areas in town that have townhouses and none of them have a problem with this. What happens if I refuse to take the sign down? --Lillian
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Home prices put to ZIP code test
The wealth created by the housing bubble has been wiped out, according to Lawrence Yun, chief economist for the NATIONAL ASSOCIATION OF REALTORS®, who spoke at the group's annual conference in November 2009. Does this mean that if you bought your home in 2005 in an area that experienced rapid appreciation from 2004-2007, you'll lose money if you sell today?
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