Options for Tulsa Home Titles

A common occurrence for Tulsa home buyers is to get to the closing table with little to no thought about which type of home title they want for their home.  After all, there are so many decisions to make when purchasing a home, either the title can simply be overlooked or home buyers can be unaware that there are many options.  Tulsa Realtor Darryl Baskin recently posted, "Options for Your Home Title", which gives a quick overview of a few types of Tulsa titles.  If you are a home buyer or hope to purchase in the future, take a few minutes to get to know a little more about home titles.

Retiree? Mortgage Hope May Be Here.

For a retiree with changing and often lower income, mortgages may be difficult to obtain.  Stringent income requirements can make retirement seem more difficult than it should be.  Freddie Mac has made some changes that may offer retirees some relief and hope in the Tulsa mortgage process.  Visit "Mortgage Changes May Help Retirees" for some additional information. 

Tips for Protecting Tulsa Property Value

When tough economic times hit, the real estate market often suffers.   Many homeowners across the U.S. have found that, over the last few years, their property values have declined along with the economy.  However, there are small things that can be done to help protect property values.  Keep in mind that doing regular home maintenance, such as painting, maintaining the roof, and even installing exterior lighting can help protect your Tulsa property value.  Remember, sometimes it is the little things that have the most benefit.   For  more ways to protect your home value, read "Protecting Your Tulsa Home Value". 

The Popularity of Home Renovation

Choosing to renovate your Tulsa home is a big decision.  In a recent blog post, "Home Renovation...Is It Worth It?",  several suggestions are given when making that monumental decision, including figuring cost and value as well as finding professionals.   Visit the article above for details. 

Tulsa TItle Basics

When it comes to titles on your Tulsa area property, there can be much confusion. Should you hire a Tulsa area attorney to write a title opinion or should you go to a Tulsa Title and Abstract Company for help?  Tulsa Realtor, Darryl Baskin, gives us some title basics to help stop the confusion.  Read his post, "Tulsa Area Title's- What's the Deal?" at www.darrylbaskin.com. 

What is the Mortgage Disclosure Improvement Act?

Lenders have always had to disclose the overall cost of your loan and other information during the lending process. This includes fees and the actual Annual Percentage Rate. Lenders that are not reputable would play games with the rate by adding fees. Many clients would close with a higher rate because the lenders would change the fees at the last minute. This act requires that lenders redo the Truth in Lending disclosure if the APR goes up by .125% or more. It also requires that closing must wait 3-7 days so that the buyers have time to understand any changes that may have happened. This can sometimes cause an issue when purchasing a home because this waiting time can't be waived. It is required and closing will sometimes be delayed. This also can increase costs for the seller and buyer for items such as interest, storage costs due to delayed closing and more.

For your Tulsa, OK. area mortgage, contact Karen Heston with Bank of Oklahoma Mortgage at 918-230-9432 or kheston-boklo.mortgagewebcenter.com

For all your Tulsa, Oklahoma area real estate needs, contact Darryl Baskin, McGraw Realtors at 918-258-2600 or www.darrylbaskin.com.

Handling Fraud in Title Insurance....

Handling fraud in any situation is difficult. When it comes to title insurance, there are some things to keep in mind. First, let's define title insurance. Title Insurance is insurance that covers financial loss as a result of a defect in a title to real estate. Second, we need to know what period the insurance will cover. When we buy home or auto insurance, we are covering our home or auto from the time we purchase the policy until that point in the future that the coverage is canceled. With title insurance, though, it works in reverse. Title insurance covers from the moment you purchase your home and into the past. If you are sued after you close on the property, then the title insurance may not cover you. Finally, title insurance issues can be quite trick. To ensure that you are covered for everything you need, talk to your attorney or your title company. You may even consider asking for extended coverage on your title insurance to cover you from your real estate purchase into the future.

If you have legal problems with your Oklahoma title, contact David Keesling at Richardson, Richardson, Boudreaux, Keesling at 918-492-7674 or www.rrblawok.com.

To purchase Tulsa title insurance or if you have questions about Oklahoma title insurance, contact Karen Burnette of Firstitle at 918-493-2241 or www.firstitle.com

For all your Oklahoma property, auto, and life insurance needs and more, contact Mike Tedford, Tedford Insurance at 918-299-2345 or www.tedfordinsurance.com

For all your Tulsa, Oklahoma area real estate needs, contact Darryl Baskin of McGraw Realtors at 918-258-2600 or www.darrylbaskin.com