OKC Realtors: How Much is Your home Worth?

OKC Realtors: Pricing a home accurately

If you’re trying to price a home accurately, whether your preparing your house for sale or if you’re getting ready to put an offer down on one it can be challenging. Even if you’ve done your home work a home price can change substantially from the first time you make your estimate. OKC Realtors do all the work to make sure that the home you want to buy or sell has been properly valued, making the process much less stressful.  But here are 4 point that you’ll want to look at when evaluating the cost of a home.

1.The Historical Sale price of the home

When your OKC Realtors run a calculation for the price of the home they will look at the prices that home has sold for in the past. The price during the last few years will help establish a baseline for the price you will pay.

2. The Neighborhood

The house is important but a good neighborhood can elevate or devalue a house based on what’s in it. In addition to running the sale price for your home your OKC Realtors will see what other houses in your area have sold for. Factors like school quality and home prices are strongly correlated.

3. The Current Housing Market

The market is either a buyer’s or a seller’s market, and fluctuates between those based on the time of year, interest rates, and general economic factors.  These changes will require you to strike while the iron is hot or wait for a better time if you want to get the best price for a home.

4. Home size and curb appeal

A homes size is a large part of its value, many home buyers will look at the price per square foot as the major factor in their decision to purchase. The appeal of the house will lie in whether it’s modern, traditional, or just the over all features of the house.

OKC Realtors: Tips for first time home buyers

OKC Realtors: Handy tips for the first time home buyer

Buying a home can be a lengthy process. Some even find it scary. It takes a large amount of money and resources to buy a home and getting a bad deal can leave you stuck in bad way for years, even decades. OKC Realtors has some tips for the first time home buyer to make sure you get the best deal possible.

Save for a down payment early: The common rule for a down payment on a house is 20%. But most lenders will let you buy a house with a down payment with a little as 3% down. But these smaller down payments often mean larger higher costs overall and having to buy private mortgage insurance. Start saving early so you can keep your options on the down payment open.

Check your Credit (But not too much): When your getting approved for a loan, your credit will be one of the key factors in determining if your approved or not. It also helps determine interest rates on these loans. So be sure to check it before applying for a loan. Dispute any errors in your credit report and see if you can raise your score by paying off outstanding debts. It’s important to not obsessively check your credit score though, as multiple checks can lower your credit score. Once or twice shouldn’t hurt though.

Pause any new Credit activity: Any time you open a new account, whether it be for a new car loan or a credit card, the lender will check your credit score. This can actually temporarily lower your credit score. So be sure to stop any new credit activity before you start looking for a house.

If your looking for a new home, let the experienced realtors at Metro First Realty, OKC Realtors, help you find the perfect home.

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OKC Realtors: The best time to buy a house?

OKC Realtors lay out the best time of the year to buy a new home!

Buying a new home is a process. Finding the right home, in the right neighborhood, with the right neighbors is just the beginning. After that you’ve got to deal with making the down payment, hiring movers (or prepping to move it all yourself), and making sure all the little things are in order for your move. Your considering a lot of factors, but have you ever considered when your buying your home? When is the best time of the year to buy a new home? Well, Metro First Realty, OKC Realtors is here with the answer.

You may notice that alot of houses come up for sale in the spring. Houses get built, deals are signed, and people are looking for a fresh start. It’s nice outside so moving isn’t as much of a pain. There are alot of reasons why the housing market tends to spike in the spring. Here’s the thing, the spring can actually be the worst time to go house shopping. Why? Because everyone else is also house shopping! The spring selling market is the most competitive time of the year, the chance that someone won’t be looking at the same house you are are slim. These leads to generally higher prices and less favorable deals. Sure Spring is when the largest number of houses are on the market, but that’s also when they’ll be the most expensive!

If your looking for low competition and good deals, then you’ll want to wait for things to cool down a bit, or a lot! Houses drop to a 12 month low in December. Specifically though, buying a house on or around Christmas is the best time for many reasons:

  • People are in a giving, cheery mood because of the holidays
  • There aren’t going to be a lot of buyers competing with you
  • If a person has a home on the market over Christmas, you know they’re serious about selling.

The big key here though, is making sure you’ve got a real estate agent persistent enough to work through the holidays and get you that home! Nobody is more persistent that Metro First Realty, OKC Realtors. Give us a call at 405-242-4004

 

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OKC Realtors 3 Financial Tips For Buying A Home

OKC Realtors Preparing You For Buying

It’s now the prime season for real estate! While our OKC realtors will be busy doing what we love best, we know a lot of our customers are are going to busy thinking about buying a new home. Before you can really start thinking about getting into a home loan situation you have to prepare yourself a little bit. That’s where today’s topic comes into play. Our OKC realtors want to share 3 financial tips with our readers which may help better prepare you before you get caught up in the home buying process.

1.) Monitor Your Credit Score: The fact is that you’re going to be better off dealing with loan officers if you have a decent credit score. To get the most value out of the deal aim for a score over 500. The higher the credit score, the most likely it is that your monthly payment will be lower.

2.) Consider Your Down Payment: A lot of  people aim pretty low when it comes to down payments, because moving in itself can be a big expense. Of course, it’s wise to set aside as much as you can to help with your monthly payment situation, as well. Paying at least 5% down is suggested, but it also depends on the cost of the home you’re interested in as higher priced homes may require a bit more capital up front.

3.) Set Aside A Closing Cost Fund: Many times buyers will ask sellers to pay the closing costs and a lot of them will, but in the event that this negotiating ploy doesn’t work out in your favor it would be wise to have a bit of extra money set aside to pay those costs yourself.

Our team of OKC realtors understand that buying a home is one of the largest investments you and your family will ever make, so we want to be certain that you’re truly ready. If you have taken care of all three of the above mentioned financial tips then you just might be ready to get a home loan!

Buying a home has quite a few other steps you might need to consider. Our OKC realtors would be happy to help you get everything in order including helping you to find the best home for your needs!

If y0u need us or want to know more, give our OKC realtors at Metro First Realty a call at 405-242-4004.

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OKC Realtors HelpIng You Fall In Love With A New Home

OKC Realtors: Finding You A New Home For Valentine’s Day

OK, ladies and gentlemen it’s time to listen to this message. Not everyone wants a box of chocolates or a bouquet of roses for Valentine’s Day. Perhaps, what your lover really wants is a new place to call home, instead. Is that so wrong? Our team of OKC realtors understands! While retailers love to push their traditional gifts upon you, most of you would be far more impressed with something that’s more meaningful and long-lasting.

Imagine telling your significant other that you’re planning on moving to a better location. It’s like you’re going to suddenly become a modern version of Shakespeare right before their very eyes! The good news is that OKC Realtors has something for everyone. The city itself is booming with many unique, fun activities all year long. Luckily, our OKC realtors have a lot of places on the market to show you in this wonderful city so there’s many options for all you to choose from!

Our OKC realtors have a list with a little bit of everything. We have homes with big back yards for those with children and then there are simple, small homes for those that like intimate living spaces. We love to help families find just what they’re looking for, especially around Valentine’s Day! So, rather than falling into the same routine with your significant other this February, consider looking for a brand new home, instead to really give the love of your life a really big surprise.

If you need help finding your dream home, our OKC realtors might just have what you’re looking for and we’re here to help you in any way we can. If you’re interested in setting up an appointment to see any of our houses for sale in OKC, please give Metro First Realty a call @ 405-242-4004 or click here to choose a lovely location from our list of properties.

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Houses For Sale OKC: Why Buy With Us?

Houses For Sale OKC: What We’ll Do For You

It’s a brand new year and that means a brand new start for many people. If you’re in the market to purchase a new home this year we know you’ll most likely be looking for a reliable real estate company to help you out. When you start looking for “houses for sale OKC” that’s where Metro First would love to come in, but we know that as with any good relationship you first have to trust us. You need to know what exactly it is that we do, because Googling “houses for sale OKC” may get you started, but it won’t get you into the home of your dreams!

Here’s a list of things that, as your broker, we feel you should know about us:

  • We are experts in the Oklahoma Metro Area home buying market.
  • We will assist you throughout the entire home buying process.
  • We will engage in a thorough review of all local area homes for sale and schedule time for you to view these properties.
  • We will help negotiate on your behalf to get the best possible price for your new home.
  • We will provide you with a comprehensive review of the local real estate market.
  • We will help you understand the quality of our local schools.
  • We will analyze your financial situation to help you determine how much you can afford.
  • We can set up appointments for you to see homes that interest you.
  • We will help you complete all the necessary paperwork when it comes time to make an offer.
  • We will help you arrange financing.
  • We will be there at closing to answer your questions and make sure everything runs smoothly.

Doesn’t that sound easier than simply typing in “houses for sale OKC” into a search engine and hoping for the best? We sure hope so! Our OKC realtors are dedicated to doing all the work you need us to do. So, if you really are looking for houses for sale OKC, please don’t hesitate to give us a call at 405-242-4004 or click right here to fill out a form to be contacted later by one our staff members.