Fun and Firework shows!!!

Author: Terra  //  Category: Real Estate

This beautiful weather and summer sun couldn’t feel any better. There are multiple activities around the area to help gear up for the weekend! We would like to give you a heads up for a few of the events we have found thanks to Metro Family Magazine!  Most of the activities listed are family friendly and FREE!


July 3 (Friday)


FREE Newcastle Independence Day Celebration at Veterans Park (NW 10th & Veterans Pkwy, Newcastle) presents a 4th of July celebration with music, food, bounce houses and fireworks. Entertainment begins at 6 p.m. and a fireworks display kicks off at dusk.

FREE Red, White & Boom! Independence Day Concert at State Fair Park is the OKC Philharmonic’s gift to the community. The entire family can enjoy a FREE concert followed by a spectacular fireworks display. Bring lawn chairs and enjoy the show. Entry & parking are FREE. Concert begins at 8:30 p.m.; fireworks, 10 p.m.

FREE Blanchard’s Independence Celebration (NE 10th & N Council, Blanchard) features fireworks, food, live music and special activities just for kids including a petting zoo, pony rides and inflatables. Begins at 6 p.m. with fireworks show at 10 p.m.


The 4th (Saturday)


FREE Cajun Festival at the Grove Civic Center in Grove features Cajun music, food, dancing, arts & craft vendors and more. 10 a.m.


FREE Concert and Fireworks Show at Bricktown 4th Fest (Various locations) features fireworks immediately following the Dodgers game and the band Nicnos in concert. 8pm.

FREE 4th of July Stars & Stripes Funfest Celebration at the Expo Event Center (4500 US-270, McAlester) features live entertainment, games, fireworks and more. 5:30-10 p.m. Fireworks at dusk.


What firework shows and events would also be worth checking out? Have a great week!



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Open House this Sunday from 2-4PM in Coffee Creek!

Author: Terra  //  Category: Real Estate

Price just reduced to $208,777! Come see this wonderful home in Coffee Creek on Sunday from 2-4PM! It is 1812 SF mol, 3 bed, 2 bath, 2 car garage, and it was built in 2003.

Directions: North of Covell, East of Kelly into addition, left on Long Meadow and follow to the home at 833 Prairie Dunes Way.

Charming home! Close to restaurants, shopping, the YMCA and Mitch Park! Open living, dining and kitchen. Living room is wired for surround sound and has newer, bamboo wood floors. Secondary bedrooms have walk in closets and are separated from the master bedroom. Master suite has two walk in closets, jetted tub, double sinks, and a walk in shower. Covered patio, landscaping and great side yard!

Here are just a few pictures, so come out on Sunday and see the rest of the home for yourself!


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Happy Father’s Day!

Author: Terra  //  Category: Real Estate

Fathers day, a time to celebrate the man who loves his family. The man who puts everyone before himself and even changes a few diapers when needed. To the dads out there, thank you for changing diapers, car tires, and life itself.  You are the men we can call for advice and kindness on a hard day. You teach us the value of hard work and meaningful relationships. Life without you would be rather difficult. Thank you for forgiving the constant stubbornness that pours out during the frustrating times. Your gentle spirits teach us to be a better people. You mean the world to us and we can’t imagine growing up without people like you.  It’s not everyday that we get to show you how much we really care about the things you do. Some days we even forget to thank you, but not today. You’re a good man and an even better father. We hope you realize how vital you are to your children, and the surrounding community. You’re the man, dad.IMG_5309

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Author: Terra  //  Category: Real Estate

It’s a wonderful feeling knowing that you’re getting to move into a new house and create a home. The new memories and laughs will soon decorate the halls. The beautiful furnishings that make up a living room will be delightful. Once they’re actually in the house that is. Moving all the little trinkets and knickknacks can be tedious work. What about the couch that somehow fit through the doorway, which seemingly shrunk over time? That piano is also quite heavy…It could take some muscle. Lets be honest, although its exciting, moving is hard work. What are some of the best tricks to moving? Is there a simpler way to organize and work efficiently? Perhaps a moving company is a great option for the heavy objects. The Red Team is excited to help ease this process, or possibly even start it! Give us a call with any questions you may have!



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Cooling Off

Author: Terra  //  Category: Real Estate

It’s finally feeling wonderful outside again. The rays of sun simmer across our backs and allow us to feel warm and relaxed as we soak in the idea that it’s finally summer. Which also means its time to soak in things like water and family time. There are multiple activities worth doing around Oklahoma to cool off! Obviously one of the best options is going to a pool where everyone can enjoy the water. If there isn’t a pool near by try going to lake Arcadia! You can swim, fish and even ski if you have a boat! However, you may want something a little different, something that could twist and turn at high speeds. Then maybe you should entertain the idea of Frontier City in Oklahoma City! They have roller coasters and water rides! Roller coasters like the Silver Bullet and Diamond Back will drop you at high speeds! Surely that can cool anyone off. If not, there is always a good old fashioned log ride or water playground! The park is great for the whole family, especially if you love music and rides. Frontier city often hosts various artists such as Toby Mac and Eli Young Band! These are just a few options op places to cool off and enjoy the family. However, if you’re looking for a home with a private pool, The Red Team could definitely help! Let us know how you are enjoying the summer and this wonderful sunshine!



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Weekly Mortgage Update

Author: Terra  //  Category: Real Estate

Today’s Topic: Escrow Account

  As we move into the middle of the year escrow account set up amounts are starting to rise. This is because taxes are due in December.  The account has to have the funds to make that payment.  A July closing with a September 1st payment escrow account on a typical $200,000 purchase will require a $1,700 opening balance.  With an existing home the buyer will receive a tax credit of around $1,300 for the seller’s portion of this year’s taxes leaving the buyer responsible for the difference.

  The challenge comes with new construction.  The lot value only tax credit from the builder will be very low making the buyer responsible for almost all of the $1,700.  An August closing moves that number to $2,050 and a September closing moves it to $2,400.  Add another full year of insurance and daily interest and you have over $5,000 in escrow costs.

  Sometimes the buyer needs that money for down payment or other closing costs or a down payment threshold (10% vs 5%) or one time PMI.  My general rule on new construction is to escrow for the full value unless that money is critical for some other purpose.  I then spend a lot of time explaining and documenting how starting the escrow account based on lot value taxes works.  I even tell them to set a calendar reminder for January to adjust their mortgage payment. We also include documents in their closing packet. 

In other news – rates are creeping up.  


 Markets InterestRates  Equities     Commodities  
Last Week 3.990 Dow Industrials 17,849 Oil (WTI) 59.13
Today 4.125 Devon 63.80 Natural Gas 2.59
FHA Today 4.000 Chesapeake 13.15 Gold 1,171

 Escrow Account TO

Taylor OrtizFairway Mortgage
Sr. Loan Officer2575 Kelley Pointe Parkway, Suite 180Edmond, OK 73013
NMLS ID 449866

Direct:  405-421-0404

Mobile:  405-509-1064

Fax:  405-562-4272

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Open Houses on Sunday from 2-4pm!

Author: Terra  //  Category: Real Estate


lost creek

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Stuck inside because it has been raining!?

Author: Terra  //  Category: Real Estate

As much as we love the inside of our homes this rain has caused for a little cabin fever. The walls have seemed to close in and the rooms are a little less spacious than before. It’s not hard to get little restless when going outside isn’t as much of a possibility, especially if there are children involved. Although children are wonderful, it’s not always easy to keep them entertained. We’re in need of a little help to figure out some games and DIY (Do-it yourself) projects to do inside the house. It’s easy to play board games but what kinds of crafts or creative games have you guys been doing? We want your craft and game ideas! It’s always an enjoyable task to create little projects that make your house unique.   We want to see the kinds of things that you guys spend time doing inside with your families while it’s pouring rain outside. Comment with any ideas that could exert energy and create quality family time!

My children like to play games like Hungry Hungry Hippo, do crafts, paint, and play with play doh!

Oh and just so you know, the RED Team is still working when it is raining! Just give us a call if you or anyone you knows has a real estate need!

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Touch-a-Truck this Saturday!

Author: Terra  //  Category: Real Estate


Don’t miss out on the Edmond Electric and Edmond Vehicle Maintenance are co-hosting the Edmond Touch-A-Truck this Saturday, June 6th from 10 a.m. to 1 p.m. in the UCO parking lot off of 2nd Street Baumann Avenue. I have taken the boys a couple years and they have loved it!  If you have children that like big equipment, then plan on coming out on Saturday! Its a blast!

Families will have the opportunity for a hands-on exploration of many vehicles such as Edmond’s own fire trucks, police cars, an Edmond Electric bucket truck and even a solid waste truck! In past years, the children could turn on the sirens, honk the horns, and talk to the drivers!

Admission is a suggested $2 donation to the Hope Center of Edmond.

More Information:…

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Being Prepared for a Flood

Author: Terra  //  Category: Real Estate

The pitter-patter of rain trickles down the glass as we sit in the dry warmth of cozy homes. The rain is a soothing sound welcomed by the grass and homeowners, especially in Oklahoma. Recently however, the pitter-patter has become a constant. Which has been wonderful but hard on homes around Oklahoma lately. Flooding has been a big problem recently and we have decided to share a few tips. According to National Geographic here are a few things to do before, during, and after a flood

Before a Flood

  • Avoid building in a floodplain.
  • Construct barriers (levees, beams, floodwalls) to stop floodwater from entering your home.
  • Seal walls in basements with waterproofing compounds to avoid seepage.
  • If a flood is likely in your area, listen to the radio or television for information.
  • Know the difference between a flood watch and a flood warning. A watch means flooding is possible. A warning means flooding is occurring or will occur soon.

When a Flood is Imminent

  • Be prepared! Pack a bag with important items in case you need to evacuate. Don’t forget to include needed medications.
  • If advised to evacuate your home, do so immediately.
  • If there is any possibility of a flash flood, move immediately to higher ground.
  • If possible, bring in outdoor furniture and move essential items to an upper floor.
  • Turn off utilities at the main switches or valves if instructed to do so. Disconnect electrical appliances.

During a Flood

  • Do not walk through moving water. As little as 6 inches (15 centimeters) of moving water can make you fall.
  • If you have to walk in water, wherever possible, walk where the water is not moving. Use a stick to check the firmness of the ground in front of you.
  • Do not drive into flooded areas. If flood waters rise around your car, abandon the car and move to higher ground if you can do so safely.
  • Do not touch electrical equipment if you are wet or standing in water.

After a Flood

  • Listen for news reports to learn whether the community’s water supply is safe to drink.
  • Avoid flood waters; water may be contaminated by oil, gasoline, or raw sewage. Water may also be electrically charged from underground or downed power lines.
  • Avoid moving water.
  • Be aware of areas where flood waters have receded. Roads may have weakened and could collapse under the weight of a car.
  • Stay away from downed power lines, and report them to the power company.
  • Return home only when authorities indicate it is safe.
  • Stay out of any building if it is surrounded by flood waters.
  • Service damaged septic tanks, cesspools, pits, and leaching systems as soon as possible. Damaged sewage systems are serious health hazards.
  • Clean and disinfect everything that got wet. Mud left from floodwater can contain sewage and chemicals.


We hope you don’t have to use these tips any time soon but with the recent amounts of rain we think it would be best for you to know them. If you’re looking for a home that is suitable for your family and would like to ensure better protection from floods, give us a call! The Red Team would be more than happy to help! If you have any extra suggestions or tips please feel free to comment!


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