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OKC Realtors

OKC Realtors: Is a Fixer-Upper for you?

OKC Realtors: Should you buy that fixer-upper?

It can seem romantic, a beat-up old house sitting in a quaint neighborhood. You eye it while house-hunting and get an idea. You’ll buy this old, run-down house and renovate it to look better than new! And it’ll be cheaper than buying a new home! Well, it might be! But there are some factors to consider. If you want it for some of the reasons below, then OKC Realtors says goes for it!

Because it’s a bargain: The obvious reason you want to but a fixer-upper is that it’s a bargain. Fixer-Uppers are often cheaper than buying a new home. But, as the name suggests, it needs work. Before you buy, make sure the home’s needed repairs aren’t going to be too expensive. Having good DIY skills also helps keeps these costs down. Speaking of DIY

Because you want a DIY project: Doin many of the repairs yourself not only keeps costs down, but it can be a great way to add character to you home and make it truly yours. Some people love the challenge and freedom that comes with doing these repairs and renovations. If your DIY skills are not as good as they could be, you’ll have to pay for more professional help which may drive up the price of this bargain fixer-upper.

You want to flip the house for profit: Buy low, sell high, some of the oldest advice you can get. Buying a fixer upper can be one of the easiest ways to make a profit on a house. Assuming you can do most of the renovations your self and the house itself hasn’t degraded too much, buying a fixer-upper can be a really solid investment.

If your looking for a home in the OKC area, give Metro First Realty, OKC Realtors, today at 405-242-4004!

OKC Realtors

OKC Realtors: Are foreclosures cheaper?

OKC Realtors: Is it really cheaper to buy a foreclosed home?

Buying a home is all about balancing the perfect set of features with price. This might make foreclosed home look more attractive as common wisdom says they’re cheaper, but are they? Well, OKC Realtors is here to set the record straight.

According to most data, it is actually cheaper more often than not to buy a foreclosed home. Depending on where you buy the home, it may be anywhere between 18 to 59% cheaper than surrounding homes. And while this initial price reduction might make the home seem like a steal, there are a few things to consider when buying a foreclosed home.

Foreclosed homes often show signs of stress and neglect. People who get behind on payments often stop taking care of the home as well. The previous tenants may have also become upset at losing their home and done damage to the home on there way out. Banks are not likely to fix these damages either. The other thing to keep in mind is who owns the home in the case of a foreclosure. Unlike other homes, foreclosed homes are owned by a bank. Homeowners will try to make small improvements to help increase the value of their home. Banks are usually just trying to recoup losses on a foreclosed home and are less likely to make these improvements as a homeowner will. Before you buy a foreclosed home, make sure that it hasn’t deteriorated to the point that it’s not worth the price cut to make it livable. The home may be cheaper up front, but if the home has been left idle long enough, it might cost more to renovate the home than to just buy a new home!

If your in the market for a new home, give Metro First Realty, OKC Realtors, a call today at 405-242-4004!

OKC Realtors

OKC Realtors: Major Winter Problems for Homeowners

OKC Realtors lays out major problems to be aware of this winter.

Winter is here, and that means cold, dry weather. While this means alot of good things: Snow, Christmas cheer, holiday dinners, football. It can also mean some real trouble for your home. OKC Realtors has some major issues to watch out for this holiday season.

Tree Branches: Ice and snow place alot of extra stress on tree branches. This extra stress leads to an increased chance that these branches will snap. If one of those tree limbs happens to be around your home it can deal some real damage. Keeping dead limbs trimmed off your tree whenever possible can help insure your house is not damaged by a rouge tree limb. Falling tree limbs can damage fences, gutters, roof tiles, and other landscape additions.

In-Ground Automatic Sprinklers: While very convenient in the summer, automatic sprinklers can freeze and leak in the colder months. You can avoid this problem by draining and winterizing your sprinkler system. The last thing you want in freezing temperatures is a soaked lawn!

Burst Pipes in General: Burst pipes can cause extensive damage around this time of year. Faucets located outdoors are especially vulnerable to this kind of damage. Making sure your pipes are properly insulated is key to making sure they don’t freeze and burst. Keeping cabinet doors open and the heat up also helps insure pipes don’t freeze. Letting the faucet drip slightly when you expect a freeze can also help prevent freezing and bursting pipes.

Those are just some of the dangers to be aware of as a homeowner. If your in the market to sell your home or your looking to become a homeowner, let the experts at Metro First Realty OKC, OKC Realtors, help you find the perfect home! Call us today at  405-242-4004!

OKC Realtors

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

 

OKC Realtors

OKC Realtors How to protect from Freezing pipes

Now that we’ve had a couple of freezes this year, it’s a good time to talk about freezing pipes. Freezing pipes are not only inconvenient because they stop water flow, they can also lead to major damage to your home from bursting pipes. OKC Realtors is here with a few tips to protect your home from freezing pipes this year.

1.) Keep the heat on: Obviously, keeping the heater on in your place is one of the simplest ways to prevent freezing, while also keeping you warm as well! If your going to leave for an extended period, leaving the heater on so that your home or apartment does not fall below 50 degrees is sufficient to keep your pipes from freezing.

2.) Keep Interior doors open: Pipes are often located in cabinets. This can insulate them from the heat of your home and make them freeze even if it’s perfectly warm in your home. When it get cold, keep these cabinet doors open to let the heat in for  the pipes.

3.) Allow the faucet to drip: If you think your pipes might freeze, like during the night when your sleeping, allow the faucet to drip slightly. This will relieve pressure on the water system. Whenever a pipe bursts, it’s because the freezing creates pressure within the pipes. This pressure will build up and eventually bust the pipe. Allowing your faucet to drip keeps that pressure from building up and keeps your pipes intact.

4.) Add Extra Insulation: Pipes are often located in areas that don’t have proper insulation like basements. You can add extra insulation to these areas to help keep the pipes warm and prevent freezing. You can also outfit your pipes with Foam rubber or fiberglass sleeves to directly insulate the pipes. This can get pretty expensive if the pipes aren’t already exposed though. OKC Realtors doesn’t recommend tearing out your walls to insulate a few pipes, instead try one, or all, of the previous methods.

Thinking of selling you home or buying a new one? Give the realtors at Metro First Realty, OKC Realtors, a call today at 405-242-4004!

 

Mortgage- Piggy Bank- OKC Realtors

OKC Realtors Explain Bank Loans Vs. Mortgage Company Loans

OKC Realtors Discusses Mortgages

Our OKC realtors are required to know and understand a great deal about how homebuyers can obtain financing for a home loan.  We often have to help many homebuyers through the process of deciding which ways to obtain a loan is the best for them. Today, to help you determine which path might be best for you, our OKC realtors are going to explain a little about bank loans versus mortgage company loans.

1.) Bank Loans: This is a very common method for both OKC realtors used to working with banks and for many homebuyers. For many buyers, going the bank route could be the quickest and easiest option, because the bank you have your money with should already be pre-aware of your financial cash flow. In some cases, there are lower interest rates by working with a bank for your loan. Plus, if you have your banking account where you have your mortgage account it could make life a little simpler for you with options to set up automatic payments from one account to the other.

2.) Mortgage Company Loans: Our OKC realtors know that sometimes mortgage brokers will actually offer lower rates than the bank, but you have to check. Homeowners like to go to mortgage companies when they don’t want to go through a bank, or simply can’t get financing through the bank. Mortgage companies often have more options on the table for the “little guys”. It’s natural for the big bank mentality to scare some people so they turn to mortgage companies which are seemingly less bureaucratic.

Either way, the bottom line is that our OKC realtors believe that most investors with multiple home buying opportunities may be better off going the bank loan route, while single homeowners may be better off going the mortgage company route to obtain their loan. No matter which route you choose to go, don’t settle with just one opinion if you aren’t fully satisfied that they’re being as helpful as they could be.

If you have any questions about buying a home, Metro First Realty is here to help! Don’t hesitate to give our OKC realtors a call at 405-242-4004.

Garage Door- OKC realtors

OKC Realtors Share 3 Signs Your Garage Door Needs Repairs

OKC Realtors Discuss When To Fix Garage Doors

Lots of people consider their home to be their most important investment and they take pride in keeping it looking its best both outside and inside. Ideally, homeowners will do just about anything to ensure that the place they live in truly feels like a home. As with every other part of a home, garage doors need some care from time to time. Today, our OKC realtors are here to discuss when it is time to fix your garage door as sometimes homeowners may be inclined to let things slide just a little too long.

To avoid larger and more costly problems later on, our OKC realtors stand by the idea that it’s always better to proactive rather than reactive when it comes to caring for your home. In the course of your very busy day you may not stop to notice little problems as they occur, especially with your garage door. Some homeowners simply may not know what to look for in order to know that their garage door needs to be fixed.

To help you out here are 3 signs your garage door needs repairs:

  • It’s Abnormally Loud: Listen for whirring or clicking noises that weren’t present before. This could be a sign that the motor is on the fritz. It could also signify that the garage door has worn out springs on the side, worn torsion springs at the top, or faulty hinges.
  • It’s Off Balance: The garage door should open pretty quickly. If you begin to notice that it has slowed down this could mean that the springs which make is possible for the door to open have worn out. Sometimes, the springs can wear out only on one side and cause the door to be unbalanced. Letting this go on for too long will eventually cause the garage door to stop working all together and that could mean a total door replacement versus a simple repair!
  • It’s Damaged On The Outside: Changes in temperature and elements such rain, snow, and heat are all enemies to your garage door as they slowly decay the outside. If your door is beat up from hail, hit by people, or damaged from a run in with a vehicle this should be cause for concern. Damage can prevent the garage door from functioning properly.

Our OKC realtors sure hope this information has been informative for homeowners out there. The bottom line is that to save yourself the trouble of high end replacement cost, it’s a good idea to keep everything repaired as it breaks.

If you would like to know more about real estate, buying a home, or selling a home, feel free to reach out to our OKC realtors at Metro First Realty by giving us a call at 405-242-4004.

Light Wood Color- OKC Realtors

OKC Realtors Discusses Wall Colors To Complement Light Wood

OKC Realtors Share Tips For Aesthetically Pleasing Wall Colors

If you have light colored wood trim or finishes throughout your home this can be a good thing as it can bring forth a warmth due to the yellow to brown undertones. Your next dilemma, as a homeowner, may be which wall colors to choose which will complement the wood. Today, our OKC realtors are sharing a few things to consider when choosing your surrounding color palette.

First, you have to decide whether or not you want to draw the eye directly to the beauty of your wood trim, doors, or other finishes or if you would like to have it blend into the rest of the room. Based on our OKC realtors’ research, here are 3 different design choices and colors to use to achieve each look:

To Highlight The Wood: If you would like the light wood color to “pop out” stick to colors that are opposite of the wood’s natural hues. Likewise, a nice neutral gray color will allow your light colored wood trim to be the center of attention. If you want them to blend in choose a wall color that is close to the undertones of the wood such as yellow, orange, or a brown color.

To Have An Earthy Look: If you’re aiming to make your space feel earthy, go for darker greens or olive tones that provide a more natural element to complement your light wood.

To Keep Things Simplistic: If you are thinking of keeping things a bit more crisp and would like to stick to white walls then consider that the warm undertones of the light wood trim may make your white space look a little too bare. Instead, opt for an off-white color that’s more creamy than stark white as this will enhance the look of the light colored wood a bit more.

These are just a few simple tips our OKC realtors wanted to share. As always, if you’re looking for OKC realtors to help you with buying or selling a home, we would be happy to help you. Contact Metro First Realty at 405-242-4004!

OKC Realtors

OKC Realtors Tips to Increase Home’s Value

OKC Realtors give Tips on Boosting Home Value

If you’re trying to sell your home, you want to get the most out of your home. Our OKC realtors are here to share some tips to raise the value of your home quickly.

A Fresh Coat Of Paint: The quickest and most effective way to raise your home’s value is to give it a fresh coat of paint. New paint gives your home a new, updated look. A new look means new value!

Replace Worn Out Carpets: Check out the carpets and rugs in your home. Are they worn and stained? Anyone looking at your home will notice that too. Nothing drives down the value of a home like shoddy soft flooring.

Update Your Kitchen And Bathrooms: If you have the budget, consider updating your bathroom and kitchen areas. These are the two most used areas in a home, which means having them updated and looking nice will drive up the value of your home quicker than any other room. Of all the investments you can make in your home, these investments will give you the biggest return on your investments.

Update With Energy Efficient Fixtures: Loud, obnoxious, outdated fixtures make for a loud, obnoxious, outdated home. Replacing these fixtures can increase value in a couple of ways: First, it makes your home feel new and well-kept. Second, it increases value by reducing the amount of energy your home uses.

Clean The House: The simplest way to increase the value of your home is to keep it clean and shining. Especially for an open house or if your agent will be giving a tour. A cluttered or unkept house will make anyone think less of the house your trying to sell.

These tips can help you get the most out of your home sale and the OKC realtors at Metro First Realty can help you sell your home quickly! Call us today at 405-242-4004!

Wooden Fence- OKC Realtors Discuss

OKC Realtors Discuss 2 Reasons To Repair A Fence Before Selling A Home

Why Fixing A Fence Is Beneficial

Many home sellers think about replacing the flooring, splashing new coast of paint on the walls, putting in kitchen upgrades, and updating the bathroom, but when it comes to exterior repair jobs things become debatable. One of the most heavily debated home repairs for homeowners trying to sell their homes is whether or not the fence is really important to fix. Today, our OKC realtors will share with you 2 reasons why you should consider repairing a broken fence prior to selling a home.

OKC Realtors Reason #1- It Creates More Curb Appeal: Think about the fact that the first thing people see is the exterior of a home. If you were the buyer would you want to see a run down fence? No way! If the potential homebuyer is too busy calculating in their mind about how much it might cost them to replace an eye sore of a fence then they may miss out on other fabulous details of your home and move on.

You should think of your fenced in backyard as an asset and it really should be considered as an extension of the living space. Our OKC realtors say that if you’re trying to sell your home then you should fix the fence, because you want that first glance to leave a good impression.

OKC Realtors Reason #2- It Creates Better Privacy: It’s no secret that people have an appreciation for their own privacy and a proper fence will make potential home buyers feel much safer. So, whether you used the back yard regularly or not, just remember that potential home buyers are going to be drawn to a yard they could see themselves relaxing in.

No one can think about relaxing, inviting people over for cookouts, or letting their children and pets roam around freely in a yard that has a broken fence.

There’s a lot of information out on the web about how to repair fences yourself or you can bite the bullet and hire a professional to the job for you, but either way it’s crucial to have proper fencing around your property if you want to get better offers and get as close to your selling price as possible!

If you need to hire one of our professional OKC realtors, we have plenty of team members available at Metro First Realty to get your home sold quickly while providing you with many more helpful tips in regards to the home selling process.