13301 Cedar Trail HOME Information Binder

Author: admin  //  Category: Real Estate

This is such a neat idea and so I had to share it with you! This binder is what the sellers of the home we have for sale at 13301 Cedar Trail in Oklahoma City, OK(in Edmond Schools)prepared for buyers looking at their home! They gathered all the information for anyone that had ever done work on the home while they lived there. They collected all of the manuals that were at the home when they bought it and the new ones that they have installed. They also put invoices in the binder with all the updates that have done in the home. This is something you could start keeping track of now and just putting in a folder for the future when you go to put your home on the market. This is very helpful to the realtor, buyers, appraisers and inspectors! This home is 3003 sf mol, 5 bed(2 downstairs), 3 car garage, storm shelter, 2 dining, 2 living, updated kitchen and more!  If you have not seen this home for sale, please message or call us for a personal tour or more information! 405-474-4242 or terra@realestateinedmond.com  IMG_1277 IMG_1278 IMG_1279

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Listing during the holidays!

Author: Terra  //  Category: Real Estate

11 Reasons Your Seller Should List During the Holiday Season

You’ve heard it from real estate agents before. “The Winter season is slow.” Or, “No one is really buying or selling.” And even, “I’ll get started in the New Year, it’s a new start right?”

Wrong. The truth is, it’s better to be ahead than behind. Do you want to have income in January? Do you want to have clients in the pipeline well into February? The winter months are the perfect opportunity for you to find the motivated clients and get them to list their home with you.


Of course, sellers sometimes need a little perspective to help them understand why listing now can benefit their bottom line. So without further adieu, here are 11 reasons your seller should list during the Holiday Season.

11. By selling now, you may have an opportunity to be a non-contingent buyer during the Spring, when many more houses are on the market for less money! This will allow you to sell high and buy low.

10. You can sell now for more money and we will provide for a delayed closing or extended occupancy until early next year.

9. Even though your house will be on the market, you still have the option to restrict showings during the six or seven days around the Holidays.

8. January is traditionally the month for employees to begin new jobs. Since transfers cannot wait until Spring to buy, you need to be on the market during the Holidays to capture the market.

7. Some people must buy before the end of the year for tax reasons.

6. Buyers have more time to look for a home during the Holidays than they do during a work week.

5. Buyers are more emotional during the Holidays, so they are more likely to pay your price.

4. Houses show better when decorated for the Holidays(if you keep it simple and warm)

3. Since the supply of listings will dramatically increase in January, there will be less demand for your particular home. Less demand means more money for you.

2. Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you.

And the number one reason why your seller should list during the Holidays …

1. People who look for homes during the Holidays are more serious buyers!

The RED Team thought we should share this list with you because we have so many sellers right now that are hesitating to list their homes right now or keep them on the market. We also have quite a few buyers looking right now, that have not found the perfect home and what if your home was their favorite! Please call Terra Myers at 405-474-4242 if you have any questions about getting your home on the market, if you would like an estimate of costs or an idea of a list price on your home!

***We copied most of this post, but I can’t find the exact place it came from, we apologize.
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Author: admin  //  Category: Real Estate

santafrontsantabackPlease invite your friends and family to come view this beautiful home located at 14120 Chickasaw Dr in Edmond for sale, eat a cookie and get your FREE photo with Santa! We would love to have a house full!

14120 Chickasaw was just REDUCED this week to $178,888.00 for 3 beds, 2 baths, 2 car garage, could be 2 dining or 2 living(if you separated the main living area), 2209 SF mol! OPEN 1-3PM this coming Sunday, December 14, 2014!


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Weekly Mortgage Memo: Private Mortgage Insurance

Author: Terra  //  Category: Real Estate

Today’s Topic: Private Mortgage Insurance


We’re only talking about conventional (Fannie/Freddie) loans here. With these loans the PMI is provided by private companies.  They have names like Radian and United Guarantee.  These companies have their own guidelines that can sometimes slow down or stop a loan.  You may have had a deal killed or a closing delayed by PMI underwriting.  Some of the questions borrowers have about PMI:


  1. What is it? It provides protection for the lender in the event the loan defaults. It does nothing for the borrower.


  1. When does a loan have it? Conventional loans with a loan to value (LTV) of more than 80% will have PMI.


  1. How do I avoid it? Two ways 1) put 20% down 2) do combo loan – 80% first and then a 2nd loan for the difference.  This was a very common thing prior to 2008.  After that lots of lenders exited the second mortgage business and PMI rates became more competitive so today there is not as big a benefit but we still do them. One can also pay it one time but you didn’t really avoid it – you just pay it up front.


  1. How long does it stay on the loan?
  2. When you pay the loan down to 78% of the contract price it automatically comes off.  If you call them at 80% they will take it off.
  3. If the home increases in value and you think your LTV is 80% then you can request removal.  There is no guarantee they will remove it. They are not bound by any regs here.


  1. Can they keep the PMI in place past 78%? Yes – they don’t have to remove the PMI if:
  2. Borrower has late payments.
  3. Values in the market have decreased.
  4. The equity is subject is to a subordinate lien. (2nd)
  5. Home is no longer a primary residence.


  1. Gray Area? For as long as I’ve been in mortgage I’ve heard from other loan officers and PMI representatives that you cannot get the PMI removed in the first two years.  This doesn’t appear to be anyone’s rule but I suspect it’s true.  I also suspect that the sooner you try to get PMI removed the harder it is.  With this in mind when someone plans on paying the loan down in the first months or years after the purchase I suggest they do a combo loan (1st and 2nd) then they can just pay off the 2nd any time and not haggle with their PMI company.

Info provide by Tom Davies

Markets Rates Equities (stocks) Commodities
Last Week 4.00 Dow Jones Industrials 17,958 Oil 65.84
Today 4.000 Devon 59.9 Natural Gas 3.8
FHA Today 3.75 Chesapeake 19.29 Gold 1,192



Taylor Ortiz
Mortgage Loan Officer

Edmond Mortgage
2575 S Kelley Pointe Parkway Suite #180,
Edmond, OK 73013
Office phone: 405-513-7805
Mobile phone: 405-509-1064
NMLS# 449866

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Decemeber Activities in the Edmond & Oklahoma City Metro!

Author: Terra  //  Category: Real Estate




Here are just a few fun ideas of what you could do this month in the Metro Area!

  • Holiday Shopping Night Out – December 11 at the Classen Curve  from 5-8PM
  • The Gift of Spectacle – December 11-14 at OCU Kirkpatrick Center (times vary)
  • Let the Good Times Roll - December 13 in downtown Norman
  • Carriage Ride with Mrs. Clause & Roving Carolers – December 13 at Nichols Hills Plaza from 11AM-1PM
  • FREE PICTURES WITH SANTA & The RED Team – December 14 at a home for sale in the REDLANDS, 14120Chickasaw in Edmond, OK, 1PM-3PM
  • Holiday Shopping Night Out – December 18 at the Classen Curve  from 5-8PM
  • Carriage Ride with Mrs. Clause & Roving Carolers – December 20 at Nichols Hills Plaza from 11AM-1PM
  • The Midnight Special – December 31 in Downtown Oklahoma City events will vary all night from a 5k to live music, kids activities, and the ball will rise to count down the New Year!

***Go to http://www.downtownindecember.com/ for more activities to do in December in Downtown OKC like snow tubing, free canal taxi rides, the Nutcracker, Baron Ice Hockey and MORE!

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Open Houses Sunday

Author: admin  //  Category: Real Estate


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Happy Thanksgiving!

Author: Terra  //  Category: Real Estate

Thanksgiving! What is  the first thing that pops in your mind when you hear this word? Most of us think of fabulous food: turkey, dressing, cranberry sauce, pecan and pumpkin pies! Then when we think a little more deeply we think of all the many things we need to give thanks for. When we count our many blessings and name them one by one we come up with some great lists. The Red Team puts God at the top of the list, family, friends, health, and our careers are a few that we all are grateful to have. In our family we always try to go around the table and try to pick one specific thing that we can share that no one else has said yet. We have had contests to see who can come up with the longest list in 15 minutes. In the past year we had nine of us on a group text that each takes a month and texts each daily with a topic of thankful suggestions. This is really interesting and can be really thought provoking and can get pretty silly!
One day one of us said to give thanks for something every single time you get a drink or go to the bathroom! Another example was that once the leader asked us to do a voice recording thanking God for the first 3 things that come to our mind within the next 10 seconds! Not much to ask when we have 64,000 seconds in our day. It only takes three seconds or less to come up with one thankful item so surely you can take less than one minute to thank God for three things each day.. This thankfulness habit begins to change us little by little.

My favorite devotional book,
Jesus Calling,talked about this subject this week. It said if you give thanks for everything regardless of your feelings then He will give you joy regardless of your circumstances.
Shifting our focus will change our attitudes!

One of the best ways to bring joy to us is to serve others. During this time of the year we have more than enough opportunities to reach out with a helping hand. Just this past week my church wrote letters of thanks to the teachers of an elementary school we adopted and filled hundreds of shoe boxes with
Christmas gifts for kids in Croatia. Then last night hundreds of International people came to our church for the annual Thanksgiving dinner. At our table, we had seven OC students, six of which were from Africa and one from  Portugal. They really enjoyed their Thanksgiving feast. Today Keller Williams  gave back to the community through The Hope Center. We walked there  and had a truck full of canned goods for their pantry! Another realtor posted on Facebook the need for Foster Kids and their wish lists.  If you want to be of service, you don’t need to look far!
Remember a grateful heart is a happy heart!

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We Are Thankful

Author: Terra  //  Category: Just for Fun, Lending, Miscellaneous, Real Estate

Thanksgiving Contest - What Are You Thankful For?

We are thankful! We are thankful for our faith, families, clients, health and good food just to name a few. We challenge you to write down at least 5 things you are thankful for, because there is always always ALWAYS something to be thankful for! We hope you get to spend this beautiful Thanksgiving week with the people that you love. Here are a couple encouraging quotes to remind you to be thankful.












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Last minute activity options for Thanksgiving week!

Author: Terra  //  Category: Just for Fun, Miscellaneous, Real Estate

Here are just a few of the activities going on around the Edmond and Oklahoma City Metro area this week! If you can not find something to do, need some exercise, need a FREE meal or want to go shopping, here are some fun options!

November 24 & 25

  • The Jazz Rep. Combo 2 will perform at the UCO Jazz Lab at 7PM. Tickets are $10. For more information call #405-259-7989.

November 26

  • FREE day at the Oklahoma City Zoo (2000 Remington Pl) offers free admission to all Zoo guests in celebration of Thanksgiving. 9am-5pm. 424-3344, www.okczoo.com

November 27

  • You can volunteer to help or request a FREE lunch to be delivered by Memorial Road Church of Christ. Go to to http://www.mrcc.org/news-and-events/thanksgiving-day-in-the-city for more information!
  • The Edmond Community Center will serve Thanksgiving lunch from 11AM-3PM at the UCO Ballroom in the Nigh University Center on UCO campus. The event is FREE!
  • Edmond Turkey Trot is one mile or a 5k in downtown Edmond. Go to www.edmondturkeytrot.com for more information.
  • OKC Turkey Trot is at Stars & Stripes Park located at 3701 S Lake Hefner Drive.  There is a 5K and a Fun Run to benefit the Eagle Ridge Institute. Go to  www.eagleridgeinstitute.com for for more information.

November 28-January 4

  • Edmond Outdoor Ice Skating Rink at Mitch Park for $8 a person from 12PM-10PM daily. Go to www.edmondoutdooricerink.com for more information.

November 28 & 29

  • Brian Gorrell & Jazz Company(28) plus Big G(29) are playing at the UCO Jazz Lab . Go to www.ucojazzlab.com for more information.

November 29

Below is a list of activities I found on the OKC Metro Family website that sound fun for the weekend, too! For more details go to www.metrofamilymagazine.com.

Holiday Activities and Events Happening Thanksgiving Weekend in OKC

FREE SandRidge Tree Lighting Festival at Chickasaw Bricktown Ballpark (2 S Mickey Mantle Dr) features live music, complimentary popcorn, cookies and face painting. Mayor Cornett will light the Bricktown Christmas tree for the season. Friday, 5-7pm. 235-3500, www.downtownindecember.com

FREE Holiday River Parade at the Boathouse District (725 S Lincoln Blvd) features a Christmas parade on the Oklahoma River. An appearance by Santa will be followed by a fireworks show. Friday, 6-8pm. 231-0912, www.okcparade.com

FREE Cowboy Christmas Tree Lighting Ceremony at Stockyards City Main Street (1305 S Agnew) kicks off a whole weekend of holiday fun with a tree lighting, holiday music, candy for children and photos with Santa. Friday, 5:30pm; Satuday, 10am. 235-7267, http://stockyardscity.publishpath.com/

FREE Cleveland County Craft Show at the Cleveland County Fairgrounds (615 E Robinson St, Norman) features home decor, handmade and seasonal goods from more than 90 local crafters. Friday, 4-8pm; Saturday, 9am-4pm. 360-4721, www.clevelandcountyfair.org

FREE Saturdays with Santa at Myriad Botanical Garden (301 W Reno) invites children into Santa’s Workshop to create a craft, write a letter to the North Pole, ride Devon’s Polar Express and hear live holiday music. Saturday, 10am-4pm. Also held Dec. 6, 13 & 20. 10am-4pm. 445-7080, myriadgardens.org

FREE Midwest City Holiday Lights Spectacular at Joe B Barnes Regional Park (8700 E. Reno Ave) features more than one million holiday lights and a 118-foot Christmas tree lit with 9,000 bulbs.  Sunday-Thursday, 6-10pm; Friday & Saturday, 6-11pm. 739-1293, www.midwestcityok.org

FREE Santa’s Wonderland at Bass Pro Shops (200 Bass Pro Dr) kicks off Nov 15 with giveaways, crafts and free photos with Santa. The daily event continues through Christmas Eve. Enjoy free photos with Santa weekdays, 3-8pm; Saturday, 10am-8pm; Sunday noon-5pm. 218-5200, www.basspro.com

FREE Christmas in the Park at Chisholm Trail Park (500 W Vandament, Yukon) will be celebrated with a festive light display & Kris Kringle Karnival. Refreshments, live music, pictures with Santa and train rides. Christmas in the Park continues through Dec 31. Sunset-8pm. 350-8937, www.cityofyukonok.gov

FREE Chesapeake Energy Holiday Lights Display at Chesapeake Energy (NW 63rd & Western) features 4.3 million LED lights decorating eight blocks of landscape. Lit nightly from sunset to 7am.

FREE Water Taxi Rides at Bricktown Water Taxi (111 S Mickey Mantle Dr) are offered as part of Downtown in December. All ages welcome. Thursday-Sunday, 6-9:30pm. 218-1000, www.downtownindecember.com

Devon Ice Rink at Myriad Botanical Gardens (201 W Reno) offers ice skating through Downtown in December. $12 per person, includes skate rental. $8 for guests who bring their own skates. $8 per person for groups of 10 or more. Monday-Thursday, 3-9pm; Friday, 3-11pm; Saturday & Sunday,11am-7pm. www.downtownindecember.com

A Territorial Christmas Celebration in Downtown Guthrie (212 W Oklahoma) features a parade, Victorian Christmas celebrations, historic home tours and theater performances of “A Territorial Christmas Carol.” Free lighted Christmas parade at dusk on Nov 29. For schedule and information, see website. 282-1947, www.guthriesterritorialchristmas.com

FREE Pop-Up Shops in Midtown (10th & Hudson) features 35 local shops set up with holiday goods and gifts in geodesic domes in Midtown. Accompanied by the Bishop John Carroll School Christmas Tree lot. Thursday-Saturday, 10am-9pm; Sunday, 10am-6pm. www.okcpopups.com

Winter Shoppes at Myriad Gardens (301 W Reno) features boutique-style vendors set up among the beautiful holiday decorations in the gardens. 11am-6pm Nov 28-30, Dec  4-7, 11-14 and 18-23. www.wintershoppes.com

Edmond Holiday Ice Skating at Mitch Park (1501 W Covell Rd) offers ice skating, holiday music and food concessions. $10 for two-hour skate session and skate rental; $7 if you bring your own skates. $5 for ages 5 and under. Daily, noon-10pm. Exceptions: Christmas Day, noon-5pm and New Year’s Eve, noon-11pm. 274-1638, www.edmondoutdooricerink.com

FREE Deluxe Winter Market at Leadership Square (211 N Robinson) offers an opportunity for guests to do their holiday shopping at more than 40 vendor booths. Featuring local and handmade goods, crafts, home decor, art, food and other specialty items. Saturday & Sunday, 11am-6pm. 235-3500, www.downtownindecember.com

“The Oklahoma Nutcracker” at the Nancy O’Brian Center for the Performing Arts (131 S Flood, Norman) is a local tradition presented by the Norman Ballet. $15, $20 and $25. Sunday, 1 & 5 pm. 866-966-1777, www.ticketstorm.com

FREE “The Christmas Movie” at The Gate Church (7700 N Council Rd) is an interactive show to get families in the holiday spirit. Free popcorn. Sunday, 10am. 728-7700, www.thegatechurch.tv




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New listing!!! 13908 Lost Creek Dr Edmond, OK 73013 in Lost Creek

Author: Terra  //  Category: Real Estate


Like to entertain? This home is for you! 4 bed, 3.1 bath, 4 living plus a study, 4569 sq ft and built in 1995. Lush landscaping and circle drive welcome you into this grand home! True entry way with gorgeous chandelier. Gourmet kitchen has  generous counter space, cabinet storage, pantry and built in desk. Master suite has fireplace ,walk in closet, double vanities and gorgeous granite shower. Living areas could be used for entertaining, watching movies, hobbies or exercising! Spacious patio and yard plus oversized 4 car garage! Don’t miss out!

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