Explore Tinker AFB, OK
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 1
  No home is perfect, especially if it’s “lived in.” Your new home may need some sort of repair or improvement. That’s why a pre-purchase inspection is the best way to make sure you’re making a sound investment. The few hundred dollars you spend on the inspection will be well worth the peace of mind you’ll get in return. Typically paid for by the buyer prior to moving in, a home inspection is a complete evaluation of the condition of the home and its perimeter—from plumbing and electrical systems to windows, doors and appliances—that provides you with an official report of the findings.   It’s the home inspector’s job to educate you about the condition of the home and its major components. Just like with an appraisal, you can elect to include a contingency clause that allows you to back...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 2
Ready to buy a House?  Before you start shopping, it's important to know how much home you can afford.  Obtain a pre-approval of your loan. That way, you will have increased buying power with sellers and you can shop more confidently. In addition, you'll save a lot of time during the contract and closing phases.   Before you contact a lender, you will need to assemble important information on your current finances. First and foremost, you should get copies of your credit reports and review them. If there are any discrepancies, it is best to clear them up before you contact your lender. Your credit information and ratings are maintained by the three major Credit Bureaus.  Under the Fair Credit Reporting Act, you are entitled to one free Personal Credit Report in a 12-month period. To re...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
Both a home inspection and an appraisal are designed to protect you against potential issues with your new home. Although they have totally different purposes, it makes the most sense to rely on each to help confirm that you've found the perfect home. The appraiser will make note of obvious construction problems such as termite damage, dry rot or leaking roofs or basements. Other obvious interior or exterior damage that could affect the salability of the property will also be reported. After the appraiser inspects the property, they will compare the qualities of your home with other homes that have sold recently in the same neighborhood. These homes are called "comparables" and play a significant role in the appraisal process. Using industry guidelines, the appraiser will try to weigh ...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 1
Every home buying experience is different. Each has its own twists and turns. But there are general guidelines as to how the home buying process works. Keep these in mind before you buy a home.   Deciding to Be a Homeowner   Owning a home at some point in your life is a good decision. Mortgage payments help to increase the equity in your house, as opposed to rent checks. Plus, rent usually increases with inflation, while mortgage payments are generally more stable. But owning a home is also a long term decision, so there are several things you have to carefully consider in deciding whether you’re prepared to take the plunge.   Costs There are lots of costs associated with buying a home. One of the first considerations to keep in mind is the physical aspects of the house you aspire to ow...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
      The most important documents you will be signing at the closing include:   HUD-1 Settlement Statement   This document provides an itemized listing of the final fees charged in connection with your loan. If your loan is a purchase, the settlement statement will also include a listing of any fees related to the transaction between you and the seller. If this loan will be a refinance, the settlement statement will show the pay off amounts of any mortgages that will be paid in full with your new loan. Most items on the statement are numbered according to a standardized system used by all lenders. These numbers will correspond to the numbers listed on the Good Faith Estimate. This document is also commonly known as the closing statement and both the buyer and seller must sign this docu...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
You wouldn’t buy a car or a business or invest in a stock if you didn’t know its true value, would you? Buying a house can be looked at in much the same way. The more you know about what you’re getting into, the more comfortable you can be about making this purchase of a lifetime. So, what exactly is an appraisal anyway? It’s an indispensable tool that determines the market value of the property in which you’re interested. Its primary objective is actually to protect the lender. Appraisals also provide essential information for the seller and the buyer. Your lender will require an appraisal to ensure the property will sell for at least the amount of money they’re lending you. An appraisal is not a substitute for a home inspection; it’s simply an opinion of the property’s value. Since ma...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
   Homeownership allows you to build up equity in your home over the years, as your home value appreciates and as you pay down the mortgage balance. Homeownership also allows you to take advantage of leverage—meaning you can take ownership of a large asset while putting up comparatively little of your own money. For those who qualify for a VA loan, you can even buy a home with no down payment.      You may have heard about potential tax benefits for homeowners. As a homeowner, you’ll be able to deduct all interest paid on your home loan (and other fees incurred during the year you buy your home) from your tax return. If you used a home equity loan to repair or upgrade your residence, the interest on that can also be a tax deduction. (Talk to your tax advisor for details.) In addition to...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 1
Putting up a "for sale" sign turns the spotlight on your home.  Remember to pare down your things and spruce up your place to seal a good deal. 1. Clean It  Squeaky clean.  Not only must floors shine, chrome sparkle and sinks glisten, but appliances should be spotless — inside and out — dingy grout bleached, and sidewalks and driveways power-washed. Give rugs and upholstery a deep cleaning and keep them free of pet hair. Before showings, send furry friends to visit a neighbor. While wooing buyers with scrumptious sights and smells, don't neglect the old grocery store ploy — encourage them to stay and look around with pleasing background music. TIP: Strong smells such as musk, cinnamon and gardenia may turn off some people. Choose a neutral fragrance, such as vanilla or the homey smell o...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
  Home Inspection Basics When homes are put on the market, they’re typically “dressed up” to accentuate their best features and minimize potential flaws. So before you close on a home, it’s important to get a home inspection by a professional home inspector. A home inspection is a complete evaluation of the property from top to bottom, inside and out. It discloses the physical condition of the home to the potential buyer, ensuring that there are no safety-related problems or adverse conditions that would affect the buyer’s investment. Most buyers get professional inspections only after they’re under contract, and closing is made contingent upon their approval of the inspection results. Depending on the location, size, and age of the home, a home inspection can take two to four hours and...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
If you reside on or nearby Tinker AFB anywhere in Oklahoma for that matter.  Contemplating of purchasing a foreclosure or short sale homes for investment or your personal use.  Please read this blog and give me a call or email me if you need more information. Short sale and foreclosure rates are at an all-time high in the housing market. Many have found themselves unable to make their mortgage payments and lenders are taking action to recoup their losses. This potentially means good deals are out there, but you should also be aware of the ramifications of purchasing a foreclosure or a short sale. It’s imperative that you prepare for the process and are flexible, since it takes longer than a normal purchase. It’s also important to choose an agent that has experience in these kinds of lis...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
If you are currently at Tinker AFB, OK and are getting ready PCSing out of the base.  Here are few tips for you selling your home.  You hope to sell fast for top dollar. You probably have to compromise with a price that not only satisfies you but also attracts the right buyers and won't exceed the market value determined by your buyer's appraiser. Agents don't pull a list price out of thin air. To begin homing in on the best price, you should expect that your agent will look at recent sales of homes similar to yours, current listings and pending sales.  Based on their research, agents will develop a price range for your home. Whether you start at the top, midpoint or bottom of the range is a decision that depends on how quickly you need to sell. If you start a little lower than your com...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
Veterans Affairs (VA) This is a 30 year mortgage that is available for qualified veterans, reservists and active-duty personnel and their eligible spouses. This mortgage may be the right choice if you want: 1) To buy a home with no down payment and no Private Mortgage Insurance. 2) VA funding fee is much less than having to pay PMI. 3) A loan that can be assumed by other eligible veterans. Federal Housing Administration (FHA) Loans Provides a variety of loan options from fixed-rate to adjustable-rate mortgages. A good option for first-time homebuyers. This mortgage may be the right choice if you: 1) Want to buy a home with a low down payment option. 2)Have little or less-than-perfect credit history 30-Year Fixed Rate 1) Lower monthly payments. 2) Predictable monthly payments With a 30-...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
Summer is here - schools are out and for many military families that means  PCSing  times. Here are some information , hopefully it will be helpful to you . Whether you are PCSing in or out of Tinker AFB, OK  to your next station. Just thinking about home buying can be overwhelming.  When it comes to buying a home, you want to make sure you're prepared. Getting all your documents in order helps speed up the process when it comes time for getting pre-approved.  Determine if your budget or your lifestyle is  ready for homeownership Getting your financial situation in order doesn't have to be difficult. A bit of patience and careful planning goes a long way. Dollar discipline is about smart budgeting. The better you budget, the better off you'll be. Developing a good budget requires a few ...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
The Air Force has decided to de-activate the 3rd Combat Communication Group  aka the 3rd Herd,  based at Tinker AFB, OK .  It is indeed sad news for Oklahoma City, Midwest City and surrounding areas economy. However,  it is what it is.  Below are few tips for those of you have to sell your property near Tinker AFB, OK or surrounding areas prior to your PCSing  out of Tinker.  If you have any questions or need assistance, please don't hesitate to call or email me. Best wishes and good luck to all of you on your next assignment.   Selling Your House A few inexpensive updates will attract potential buyers. You don’t have to spend thousands of dollars on a kitchen makeover to attract picky buyers. Some easy updates and a reasonable asking price can help your home stand out.   Understanding ...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
    If you are receiving PCS orders arriving or departing Tinker AFB, and need to buy or sell a home. Here is some useful information for you. Tips for Buying or Selling a Home in Any Market       Today's consumers face a real estate market that's drastically different from the housing boom of just a few years ago.  But while the go-go days of soaring prices, bidding wars and fast transactions may be over, that doesn't mean there aren't good options for buyers and sellers. If you are planning to buy or sell a house soon, you still can develop a winning strategy and master the housing game.  It starts with preparation, do your homework. It's best to know the lay of the land before you go in.   If You're Buying       Get pre-approved. Learn all you can about the different mortgaged in you...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 1
Both a home inspection and an appraisal are designed to protect you against potential issues with your new home. Although they have totally different purposes, it makes the most sense to rely on each to help confirm that you've found the perfect home.The appraiser will make note of obvious construction problems such as termite damage, dry rot or leaking roofs or basements. Other obvious interior or exterior damage that could affect the salability of the property will also be reported. However, appraisers are not construction experts and won't find or report items that are not obvious. They won't turn on every light switch, run every faucet or inspect the attic or mechanicals. That's where the home inspector comes in. They generally perform a detailed inspection and can educate you about...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
You hope to sell fast for top dollar. Reality check: You'll probably have to compromise -- with a price that not only satisfies you but also attracts the right buyers and won't exceed the market value determined by your buyer's appraiser. Agents don't pull a list price out of thin air. To begin homing in on the best price, you should expect that your agent will look at recent sales of homes similar to yours, current listings and pending sales. For example,  looks for at least three sales of comparable houses that have closed within the past 90 days. If the pool of sales is small, checks the county tax records for sales that weren't reported on the regional multiple listing service, such as ones in which a neighbor sold to a neighbor. If short sales or foreclosures are prevalent in your ...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 0
PCSing in or out of Tinker AFB, OK - Low interest rates and low housing prices could be the time to sell and buy a new home.   Oftentimes, individuals think they can go it alone and save money on real estate commission in the process.  However, not having a knowledgeable agent to navigate the process can end up costing you more money. Agents guide the seller/buyer through a complicated process of legalities and emotional hurdles.  The agent also negotiates for the buyer and seller to help them make important decisions.   SELLING A HOME:     The agent will meet with the sellers and evaluate the home and property. He/she will do a market analysis to figure out the best price to list the house based on the neighborhood and comparable sales.  The agent may make suggestions for repairs or im...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 2
  Even in a buyer's market, it pays to be prepared. In many places around the country,  including here in Oklahoma City, Tinker AFB and surround suburbs areas.  The real estate market is considered "soft," with more houses for sale than there are buyers willing and able to purchase them. And while this may cause angst for sellers, it places buyers in an excellent position to negotiate a good deal.  Be informed. Find out everything you can about the property. Compare the asking price with what other homes in the neighborhood are selling for or have sold for recently. Your real estate agent can get this information with a Comparable Market Analysis. Find out why the owners are selling and how long the property has been on the market. If the sellers already have purchased or made an offer ...
By ANH MIDDLEMAN, Military Personnel PCSing To and From Oklahoma
(RONCK REALTY, INC.)
Comments 1
PCSing to Tinker AFB, OK?  Contemplating buying a home in Oklahoma City near Tinker AFB.   Don't know where to start, here are few tips for you. An agent should be a local expert who understands the nuances of location.  Agents can tell you if homes north of a certain street are better than homes south of it, for instance. After helping you find the right home in Oklahoma near the base or nearby suburbs, your agent will manage the process of putting in an offer and negotiating the sale. The agent should explain the steps of the process from the beginning and keep in constant communication with you. So, is an agent necessary? Considering that a buyers agent usually doesn't cost a cent, it doesn't make much sense to go without one.  A buyers agent makes a commission that the seller pays, ...

Tinker AFB, OK Real Estate Professionals