Shawn Farber, Realtor at Crossland Real Estate

11/01/2018

There are some great points here. Many people start looking for a house before they even know what they are qualified for. If you take care of the financing portion first it can make the whole home buying process much smoother.

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qual

10/17/2018

There is some really good advice here. Always get the financing in place so you know what price range you should be looking in. Always document the houses you look at with good notes so that you can go back and way the pros and cons.

In today’s real estate market, with low inventory dominating the conversation in many areas of the country, it can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a recent realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the...

10/07/2018

10/02/2018

Here is what you could be missing out on if you wait another year to purchase a home.

Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019. CoreLogic predicts home price

10/01/2018

Interest rates have been on the rise and this should definitely impact when you decide to buy. Higher interest rate means higher payments.

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S.

08/08/2018

Open house this Sunday 2-4 pm. This is a great house so do not miss out on a chance to view it before someone buys it.

Great floor plan home with easy access to I-35 Tinker AFB and Oklahoma City This four year old home is a one owner gem that has been very well maintained with a storm shelter and a fenced backed yard The kitchen and dining room have wood floors and the rest of the house has carpet that is like new T...

08/07/2018

This is some good information on myths about home buying that people hear. The biggest take away is that even though interest rates have risen lately they are still very low compared to past decades.

Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months!

07/23/2018

The real estate market is humming along but a lack of listings could be the one thing to slow it down.

As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will continue to strengthen

07/18/2018

Just listed this home yesterday. Great little house that is in beautiful shape. A must see!

Cozy little home with easy access to I-35 Tinker AFB and Oklahoma City This is a one owner gem that has been very well maintained with a storm shelter and a fenced backed yard The kitchen and dining room have wood floors and the rest of the house has carpet that is like new The dining room opens up....

07/16/2018

Many first time home buyers think they do not have enough money saved to buy a home. In reality there are many programs out there to help first time home buyers make purchasing a home more affordable with less money down than you think. If you are thinking of purchasing a home and just assume that you don't have enough money to put down, make sure you talk to a lender so they can go over all the options available.

According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves witho

07/09/2018

Here is another reason not to wait to list your home.

If you are debating whether or not to list your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun recently commented on the current lack of inventory:

07/02/2018

Millennials say that it's not just financial reasons that they decide to own a home. Having more control over their living space is almost as important.

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennial