Just Listed in Eagle Lake ~ 9707 Hummingbird LN, Oklahoma City, OK 73162

March 17th, 2017

Very well maintained home in Eagle Lake Estates! Great floor plan for family time and entertaining! Spacious living room features vaulted ceiling with attractive wood beams, built in bookshelves and gas log fireplace! Four bedrooms with large master (4th bed is currently being used as 2nd living and office)! Formal living and breakfast room! Updates throughout make this home move in ready! Kitchen has NEW GE stainless steel appliances: oven, dishwasher, cooktop, microwave and wine cooler! NEW H2O tank! Lovely fresh interior paint (no wall paper here!) and wood blinds! The bathrooms features updated fixtures and lighting! The carpet, kitchen floor, ROOF and gutters have all been replaced in the last few years! Enjoy morning coffee or relaxing in the evening on your back patio! The exterior photos have been enhanced to show you the possibilities for warmer weather! Come see this home today!!

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Just Listed in Lone Oak Cove & OPEN HOUSE Sunday, March 5th from 2:00-4:00

March 2nd, 2017

Absolutely stunning home on beautiful lot! You will feel like you are in the country as you enjoy your views from your patio and balcony! Custom touches throughout with exquisite lighting and fixtures, interior stone accents, barn doors, copper sink in powder bath and so much more! Splendid master suite with spa bath featuring jetted tub, oversized shower with multiple shower heads and a sitting area to watch the sunrise. Open and inviting floor plan has room for family time and entertaining! True four bedroom home offers master and two additional beds down. Upstairs has 4th bedroom, full bath and game room/ media room with wet bar and a balcony with a peaceful view! Open and inviting living room that is open to the cook’s kitchen and breakfast room. A lovely formal dining and the office/study make this house a wonderful place to call home! Located in the desirable Lone Oak Cove with gated entry and Deer Creek schools! You must see this home to appreciate all it has to offer!

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Just Listed in Little Oaks – 8024 NE 139th ST, Edmond, OK 73013

February 24th, 2017

A HIDDEN GEM! Enjoy the peace of the country with easy access to I-35! Walk to Lake Arcadia from your beautiful home located on a wooded acre lot! One owner custom built home! You will love the updated cook’s kitchen with new granite counters, appliances, fixtures, painted cabinets!! Floor plan w/ formal living & dining, spacious den that opens to kitchen /breakfast area plus two powder baths downstairs. Tons of windows to enjoy the wooded lot! The upstairs master suite w/ large walk in closet and remodeled bath w/ new shower, granite counters, double sinks, fixtures and a view of private backyard. The 2nd/3rd beds share a true Jack & Jill bath and the 4th bedroom has its own private bath. The screened in porch is perfect for having morning coffee and just relaxing anytime of day! Extremely well built home w/ many extra building features that are shared on an attachment. Don’t miss your opportunity to live in a wonderful home in very a desirable neighborhood! A rare find!!

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How to use your cash when buying a home!

February 16th, 2017

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With mortgage interest rates still as low as they are, paying cash for a house should not be first on your list of financial priorities. Saving for retirement, building adequate emergency savings and paying off higher interest debt almost always take precedence.

That said, if you have the means to pay cash for a home, there are situations when buying your house outright is the way to go.

Reasons to keep your cash

The two big reasons to take out a mortgage even if you can afford to pay cash are maintaining liquidity and maximizing returns.

Paying all cash, while commendable, isn’t a good idea if it means committing too much of your savings to an asset that is inherently illiquid. “You don’t want to get into a situation where you are forced to sell the house or other investments at the worst time possible,” says Neil Krishnaswamy, a certified financial planner with Exencial Wealth Advisors in Plano, Texas.

Meanwhile, with rates at incredible lows – and mortgage interest deductible – paying cash is the equivalent of locking in an investment that returns roughly 3% to 4% a year. Investors who feel they can earn more than that in the stock and bond market will often choose to get a mortgage and keep their cash invested.

There is a middle ground, and for many buyers this may be the best option of all. Take out a mortgage and lock in today’s historically-low rates, but make more than the minimum payment whenever you can.

Reasons to pay all cash

On paper, locking in low rates on a mortgage and investing that money instead certainly seems like the better deal right now. Yet, what that equation doesn’t account for is the enormous sense of satisfaction that comes with owning your home outright. Yes, odds are that you will make more over the long run investing those funds, but what you save on interest over the life of the loan – tens of thousands, if not hundreds of thousands of dollars – isn’t vulnerable to market ups and downs.

In the most competitive housing markets, moreover, cash buyers have the upper hand in bidding wars and also have a better shot at negotiating for a lower price. Add to that savings on closing costs and time spent shopping for a loan, and the deal is even sweeter.

Assuming you’ve paid off higher interest debt, are maxing out on tax-advantaged retirement plans and have more than enough money in your rainy day fund, paying for a house with cash isn’t such a bad move, says Krishnaswamy. Just make sure that doing so doesn’t put the rest of your financial house in jeopardy.

The case for title insurance!

February 9th, 2017

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Here are some reasons why title insurance is important:

Fraud Protection

Title insurance will protect home owners from claims made against their property, whether they are responsible for it or not. This includes mortgage balances that are unpaid, improper foreclosures, and any fraud made by the home’s seller.

Fraud is more accessible to people now more than ever, and real estate isn’t safe from many fraud strategies as well. Forgeries have become easier in this techy era and criminals are more free to sell homes that they don’t actually own. Getting a title insurance will protect you from many frauds like these.

Insurer’s Services

Title insurers are pros when it comes to discovering everything that is suspicious with a property. They do exhaustive research to ensure that your transaction is a legitimate one. And in case it isn’t, the insurance would still cover the buyer for any loss.

One Time Payment

Although the title insurance may require a large drop of money, the payment is made just once. Unlike other policies that require regular payments, title insurance just needs a one time payment made at closing. Mortgage lenders usually require borrowers to pay for their title insurance, so it won’t exactly be a big jump if you get your own policy as well.

These are just few of the advantages getting a home insurance can bring you. And in general, anything that can steer you away from future problems in home ownership is probably worth a shot. Speak with a professional to get better understanding as how you can protect your home from any future dilemmas.