Category: Houses (4)

Quit Claim Deeds

Quit Claim Deeds

 

A lot of people that own land or Lots typically transfer ownership via a Quit Claim Deed. Which if done correctly is not a problem at all. However with the internet making form so readily available I am seeing more and more deeds that are completed incorrectly or not filed.

In the last 2 months I have run into these type problems in several forms. One person use commas (,) in the legal description of land instead of the word “of”  i.e. Northwest ¼ of the Northwest ¼ –NOT—Northwest 1/4,Northwest 1/4 . Another common mistake is the use of the owners names John Doe and Jane Doe need to have a further description behind the names. i.e. John Doe and Jane Doe Husband and Wife or John Doe and Jane Doe single persons.

Another common problem we have been seeing is a tract of land being deeded off to someone else after a bankruptcy of divorce has been filed. I don’t think these were done to hide anything from the bankruptcy or divorcing spouses at least not in the case of the one I have run into lately. But if the Quit Claim Deed transfer takes after the date of the bankruptcy or divorce filing it now has a cloud on the tile. In the case of a bankruptcy the bankruptcy will have to be reopened and the property dealt with. In the case of t a divorce the ex-spouse will have to sign a new quit claim deed.

And the final problem is someone give you a quit claim deed and you do not file it at the county court house in the county the land is located in you may or may not have legal ownership, I will leave that to the attorney’s.

The bottom line is have an attorney or title company review it for you and check to make sure no leans have been levied on the property before you take ownership. The small fee they would charge you will save you a big headache and possible legal fees in the future.

 

Total Homes For Sale In Tulsa Metro

The following chart is a breakdown of all the homes for sale in the Tulsa Metropolitan area by price range. It show all the Homes listed which is the total of the Home pending (Sold but not Closed) plus  the Active homes (still available). in the listed school districts below.

Total Homes For Sale In Tulsa Metro Area = 3,663
              Price Demand Closed
                Range T.O.M. Supply Active Pending < 6 Monthes
$0 $49,999 100 2.73% 3.45 69 2.47% 31 3.55% 174 3.35%
$50,000 $74,999 124 3.39% 3.70 74 2.65% 50 7.80% 201 3.86%
$75,000 $99,999 148 4.04% 2.93 92 3.30% 56 6.41% 303 5.00%
$100,000 $199,999 1,214 33.14% 2.95 830 29.75% 384 43.99% 2,466 47.41%
$200,000 $349,999 1,160 31.67% 4.72 942 33.76% 218 24.97% 1,474 28.34%
$350,000 $499,999 492 13.43% 7.15 416 14.91% 76 8.71% 413 7.94%
$500,000 $999,999 326 8.90% 13.40 280 5.00% 46 5.27% 146 2.81%
$1,000,000 UP 99 2.70% 24.75 87 3.12% 12 52.00% 24 0.46%
3,663 100% 2,790 95% 873 153% 5,201 99%
-44.36% -35.29% -14.85%
Per NORES MLS system for school districts 1,2,3,4,5,6,7,9,,10,11,13,28,30,49,50
Market Status Information

Fell free to call me if you would like to discuss anything about this chart or any other real estate questions

 

Jim Bigelow

Coldwell Banker Select

Tulsa Oklahoma

918-640-4657

Jim@jimbigelow

WATERING TIPS

SPRING WATERING TIPS

 

Fortunately, we enjoyed a very wet spring. Lakes are full and lawns are green. Of course, no one knows what the summer months will bring, but in most years the weather turns hot and dry, necessitating watering our lawns, flowers and Landscape.

 

Here are some tips for maximizing the benefits from watering your lawn.

 

First, raise the cutting height of your lawn mower and use a mulching blade. The taller grass and grass clippings helps to insulate the ground from the effects of the sun. It keeps the temperature of the soil cooler and helps to maintain more moisture in the soil.

 

Second, water less frequently, but when you water, do it for a longer period of time. It is far more effective to give your lawn a good soaking about once or twice a week than it is to water a little every day or every other day. The heavier, less frequent water encourages the lawn’s root system to grow further into the earth and makes for a healthier lawn. Obviously, watering amounts and cycles will vary with the type of grass and soil conditions with each lawn.

 

Flower beds and landscape may require a light afternoon watering. Just a few minutes for each landscape zone to refresh the plants and flowers.

 

Curb appeal makes everyone happier for the Owner to the neighbors and really attracts              Buyers when you are selling.

Contact Jim Bigelow, Lindsey Stucky, Ally Herrmann, Scot Jobe or Kathy Zwart to learn more about how we can work to get your home SOLD!

Jim Bigelow Associate Broker Coldwell Banker select

918-640-4657, Jim@jimbigelow.com, www,jimbigelow.com

Serving the Tulsa Metropolitan area.

We seem to have experienced an early spring this year with above normal temperatures and some good rains. You may have already completed your spring maintenance jobs, but in case you have not, here are some suggestions.

 

  1. Check your gutters and downspouts.  Look for loose or damaged gutters as well as blockages in             downspouts.
  2. Inspect your roof for winter damage. Look for loose and missing shingles.
  3. Take a close look at your chimney. Look for cracks, missing mortar, loose bricks or boards and signs of         rot.
  4. Examine your drainage. Make sure soil slopes away from your foundation at 6 inches with the first 10             feet on all sides.
  5. Check your siding. Has any of it come loose or began to rot? Repair any damaged sections before             moisture has a chance to set in.
  6. Schedule your biannual HVAC inspection. Have a professional inspect and repair as needed.

 

The six suggestions above is only an abbreviated list of recommended maintenance items.  For a more detailed list and explanation, you can go to houselogic.com and search under “Spring & Summer Seasonal Maintenance Guide”.  Also, if you need the name of a professional service person to evaluate and make repairs, contact me via phone or email.  I keep a list of repair specialist and would be happy to share a name with you.

Jim Bigelow

918-640-4657

jim@jimbigelow.com

www.jimbigelow.com

Jim Bigelow who is a realtor at Bigelow real estate group.