Which Title Is Best for You?

Selecting the type of Tulsa real estate title can be as important as selecting any other factor of a home.  Sometimes, it can be more important.  Legal problems can arise simply because the type of title was not considered thoroughly before the real estate transaction occurred. 

Let's think about a type of title called "Tenants in Common".  With this type of title each person owns a specific percentage of the property.  The New York Times, in the article "A Quick Guide to Property Titles"   says that with Tenants in Common- "the form of ownership typically used by co-owners who are not married to each other — each owner’s interest belongs to that individual.  So with a tenancy in common, any owner can sell his or her interest to someone else, or if an owner dies, his or her share passes to heirs or beneficiaries."

Although this sounds pretty simply, there can be serious legal ramifications with any type of title selection.  Talk to your Tulsa attorney and Tulsa title company to find out which type of title is the best for your needs.   For more information on types of titles, read "Tulsa Title Considerations."

Home Buyers...What Mistakes Should You Avoid?

As a home buyer, it is easy to get caught up in the emotion of buying a new home.  The problem is that mistakes with a Tulsa home purchase can cost time, money, or even your home.  One common error that home buyers often make is going through the closing process on their Tulsa area home without information.

As a Tulsa home buyer, stay informed!  Do your own research.  Talk to your Tulsa mortgage banker, Tulsa area Real Estate Agent, and Tulsa closing company about what you should expect.  Ask them for good resources so that you can find our more information.  For more home buyer mistakes, visit "Common Errors by Home Buyers" .

FHA is Cracking Down on Collection Debt

A new rule by FHA, taking effect on applications dated July 1st or after, will begin to crack down on anyone with collections debt.  When applying for your Tulsa area mortgage, if you have unpaid collections accounts that total more than $1000 (including medical collections), you could have difficulty.  For more information about this new FHA rule and how it may affect you, contact your Tulsa mortgage banker or your Tulsa realtor.  You may also read more at The Baskin Report. 

How to Select a Tulsa Roofing Company?

As a homeowner or Tulsa home buyer, selecting a good Tulsa roofing company can be a difficult task.  What questions do you ask?  What should you expect from them?  Judy Smith of A-Best Roofing gives Tulsa property owners a list of things to look for when hiring a roofing company.  Check out this  and other helpful free home buyer information guides, such as  "Selecting a Roofing Company" on www.darrylbaskin.com.