What Is a Deed in Lieu?

Trying to prevent foreclosure? One of your options is a “deed in lieu.” A deed in lieu is a legal process in which a homeowner decides voluntarily to transfer the title of their property to the lender in order to avoid foreclosure. The lender then has the right to sell the property and recoup the […]

What Taxes Do I Pay When Selling My House?

Selling a house is one of the most important decisions and life changes you can make. Whether you are buying a bigger home because there is not enough space in your current residence or downsizing as your children go off to college, selling a home is a big event. One of the most confusing parts […]

5 Mistakes to Avoid When Downsizing

Are you thinking about downsizing your home? Maybe you’re entering into a different stage of life, or perhaps your home is just too expensive for you. Either way, downsizing your home is a big step. There are some challenges you need to consider when deciding if downsizing is really right for you. Here are some […]

What Are Some Tips for Selling Your Home “For Sale by Owner”?

These days, real estate agent commissions can get expensive — up to 6% of your home’s sale price in some areas. In Tulsa, where the average home currently sells for around $137,000, a 6% realtor commission can snatch over $8,000 out of the average homeowner’s pocket.  Considering the potentially hefty cost of selling a house, […]

What Is the Foreclosure Process in Oklahoma?

Foreclosure happens when a homeowner fails to pay their mortgage payments, and the mortgage lender begins the process of repossessing the home. In each state, different laws and regulations dictate how the foreclosure process works. In Oklahoma, the mortgage lender determines whether the foreclosure process is judicial, meaning the courts are involved, or nonjudicial, which […]

Are Cash-for-Houses Companies a Scam?

One of the fastest ways to sell your home is to sell it to a real estate investor. Many homeowners prefer this method because it helps them to avoid foreclosure and save money on real estate commission, expensive renovation, and repairs. Unfortunately, not all cash buyers are legitimate, and there are plenty of scammers. If […]

How to Prevent Foreclosure

If you are late on more than three mortgage payments, your mortgage lender can file a notice of default, which means the foreclosure proceedings have begun. Going into foreclosure is definitely scary. However, being late on payments and receiving a notice of default does not automatically mean that foreclosure will be initiated. Here are 6 […]

The 5 Advantages of a Cash Offer on Your House

When you sell a home, there are two types of offers: mortgage and cash. A mortgage is the traditional type of offer in which the buyer needs to secure a mortgage to get the property. But a cash offer is even better: The buyer already has the cash at hand to make the purchase. Here […]

Should I Rent or Sell My House?

Many homeowners eventually find themselves faced with the same question: Should I rent, or should I sell? There’s an appeal to both options. If you rent, you get a passive revenue stream. If you sell, you get money in a lump sum. There are a lot of things you need to consider when renting or […]

How to Sell a House Without a Realtor in Tulsa

You don’t need a realtor to sell a home, but most people get one because they think it’s the easiest option. Realtors already have a list of buyers out there, they can network, and they have all the time in the world to show your property. But in a hot property market like Tulsa, there […]