TULSA, Okla.
— — There are a lot of ways to buy a home in Tulsa, but the real estate agent says there is a more simple way.
“We do a lot more than just selling homes,” says Denise Wilson, owner of The Wilson & Co. real estate practice.
“It’s a combination of buying a house, then selling it, then renovating it.”
Wilson says that in some states, a lot can be done with a house once it’s sold.
In other states, you can renovate and put a new kitchen in, she says.
The process is more complicated in some of the cities, but Wilson says it can be as simple as finding a house that meets the right condition and paying a mortgage.
The average price of a home sold in Tulsa is $215,000, according to Wilson.
And, of course, the homes that are sold can go on to earn much more money.
Wilson says if you look at a house in Tulsa and a home that was purchased in another state, the home in the other state will likely earn more than the home you bought it in Tulsa.
But, she cautions that there is nothing wrong with going to another state and buying a home.
“If it is just because you like the neighborhood, it’s fine,” Wilson says.
“But if you are trying to move up in the market and have a house you want to live in, it could take some time.”
For the uninitiated, a house can be purchased from a broker or a bank, or purchased in the real world.
The broker will then sell the house to a buyer.
The buyer will typically buy it at a discount and then sell it on to someone else.
“A lot of times, people are looking for a house they can call home,” Wilson said.
Wilson also says that some of her clients are buying a new house for themselves.
She says if they are buying their own home, they will consider the buyer a family member, so they will pay a much higher mortgage payment.
“I think it’s a great idea,” Wilson explains.
“There are a ton of ways people can live like a family, so there is no right or wrong answer to it.”
She also says the house you are buying is worth much more than you could pay in mortgage payments for a home on the market.
“You have to be willing to take on more debt to get that home, but if you’re willing to pay it off you’ll get a much more livable home.”