Tulsa real estate, Jenks, Broken Arrow, Owasso, Sapulpa and Bixby real estate and homes for sale in Oklahoma - The Briggs Team, REALTORS® The Briggs Team REALTORS(r) for Tulsa real estate, Jenks, Broken Arrow, Owasso, Sapulpa and Bixby, Oklahoma real estate - NUMBER1EXPERTS™ The Briggs Team NUMBER1EXPERTS(tm) for Tulsa OK homes, Jenks, Broken Arrow, Owasso, Sapulpa and Bixby, Oklahoma real estate
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Local Real Estate Market: Tulsa, Jenks, Broken Arrow, Owasso, Sapulpa and Bixby Oklahoma home buying, real estate listings, and homes for sale in Tulsa                          County, OK
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Find out more about Tulsa’s local real estate market
 

Once per month we put together an article on “Tulsa’s Local Real Estate Market”. This article includes information about average days on market, average prices sold versus prices properties were listed for and analysis and trends of the market. 

We further break down this information by area, as well as by price range. A $100,000 home in one area will sell much quicker than in another area. What are the hottest selling areas? A $1,000,000 home will be on the market longer than a $100,000 home, but how much longer? 

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Real Estate Tips
Financing Your Home >Assuming a Mortgage

You may be able to assume the seller's mortgage liability when buying a house instead of having to apply for a new loan.

Assuming a loan could minimize your down payment or closing costs and get you a more advantageous interest rate. To know whether an assumption will work, find out the loan balance. If the balance is a small fraction of the purchase price, you will have to come up with a large down payment or get a second loan for the difference, unless the seller is willing to provide some of the financing. If the loan balance is high, the loan may have been made when interest rates were higher than they are today.

Most newer loans that are assumable have adjustable rates. If you are considering an assumption because of credit problems, you will need the lender's approval to make the transaction work.

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Real Estate Trivia
Q 
What is the largest city square in the world?

A 
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
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The Briggs Team, REALTOR®, real estate agents and broker for Tulsa, Jenks, Broken Arrow, Owasso, Sapulpa and Bixby Oklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

Jan Briggs
McGraw Davission Stewart

10131 S. Yale
Tulsa, OK 74137
Phone: 918-299-5444
Fax: 918-298-2444
Email: info@TheBriggsTeam.com

Jan Briggs of The Briggs Team with McGraw Davisson Stewart. Dedicated to the principles of honesty, integrity, professionalism and service. We want to be your Tulsa Realtors 4 Life!





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