Peter Tamura's Blog

As we get busy over the holidays, it's easy to become an accident statistic.  I hope everyone that reads this blog is careful and avoids these common holiday time accidents! 1) Fires- Electrical fires are very common during the holidays due to holiday lighting and fires caused by candles are also...

If you are selling your home on your own because there is not much equity in the home and you don't think you can afford to pay a realtor, you may be better of attempting a short sale if some or all of the following apply. 1.  Have an agent give an objective valuation of the property to see if th...

The USTA Challenger will be played at Philcrest Hills Tennis Club in Tulsa from September 10th to the 18th! The matches will feature USTA players with a world ranking  between 100-500.  The first weekend will feature qualifying matches with local top college players and others vying for a spot in...

Say you or I borrowed $10,000 on a credit card and three months later discussed with the issuing bank the fact that we had hit hard times and might not be able to pay the money back. The bank would undoubtedly reduce our credit limit and raise our interest rate. When it comes to the US debt, howe...

One of the advantages of owning a new home is that it may have energy efficient features that won't be available on older homes. Simmons hosted a great event on June 9th for realtors that featured and explained the new energy efficient amenities being built into some new homes.  It is also very ...

There are a lot of people right now with the following predicament, they want to buy a bigger/smaller home but they have a house that is not selling on the market. Two of my clients had the creative idea of renting out their current home and then buying another home.  The issue that they ran into...

  ....it took eight months during which time the seller made mortgage payments, utility payments and lawnmowing and maintenance on a vacant house. It's a reminder that we are just not serving the client to agree to a higher list price just to get the listing and have it sit on the market for mont...

Here's what Mortgage Insurance is costing you now, and here's what the increase will cost.   Let's look at an example of a $200,000, here in Tulsa, Oklahoma you can get a nice home for this amount. *Note that PMI costs more with conventional financing which means that you are paying a below marke...

This was the heading of an article in the New York Times on April 10th, the average 30 yr fixed rate around that time was 4.875% according to mortgage-X.com.  It's interesting that interest rates did indeed go down further, the average rate from the same source now is 4.25% with brief forays belo...

It happened again. This time to a different short sale and not in Sacramento. This short sale is in Roseville. High demand neighborhood -- such high demand that I received more than a dozen calls within 24 hours of putting this short sale on the market. Several months later, I'm still receiving p...