LISTING OF THE WEEK
HOUSE PLAN
Dallas-style home
Warm, welcoming appeal
The Listing of the Week is a Dallas-style home located on a corner lot in Moore’s Oak Ridge addition.
The Coburg has the warm, welcoming appeal of a traditional American country home.
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REAL ESTATE
Mi-Ling Stone Poole
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THE OKLAHOMAN | NEWSOK.COM
SATURDAY, JUNE 19, 2010
TEAMWORK WAS VITAL FACTOR IN DREAM HOME’S COMPLETION
ASK MI-LING
SCALING DOWN; LET STUFF GO When scaling down in a home, keep in mind that you can’t take everything with you. You’re going to have to get rid of stuff as soon as possible. PAGE 7F
IN BRIEF
COORDINATING THE BATHROOM
Neal McGee Homes built the fourth annual Oklahoma City St. Jude Dream Home, a $505,000 home in Edmond’s Iron Horse Ranch addiition at Coffee Creek and Coltrane roads. The home will be given away June 27. PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN BY TIM FALL Special Correspondent trfall@gmail.com
EDMOND — Here’s the best real estate deal in the world: a 3,500-square-foot house in an upscale gated neighborhood that’s going for a little under 3 cents a foot. That’s right: 3 cents. For this year’s Oklahoma City St. Jude Dream Home Giveaway, supporters of the St. Jude Children’s Research Hospital can purchase a $100 ticket for a chance to win the home, custom built by Neal McGee Homes and valued at $505,000. The home is at 4417 Roundup Road in the Iron Horse Ranch addition at Coffee Creek and Coltrane roads. It will be open from 11 a.m. to 2 p.m. today with free root beer floats for visitors, and will be open for a final week of tours from 9 a.m. to 9 p.m. Monday through June 26. The winner of the home will be drawn during the St. Jude television special on KOKH-12 (FOX 25) from 2 to 4 p.m. June 27. All proceeds benefit St. Jude Children’s Research Hospital, a nationwide pediatric cancer research center in Memphis, Tenn., where families don’t pay for treatment not covered by insurance. Sponsors include FOX 25, KKNGFM 93.3, The Oklahoman, IBC Bank, Legacy Cleaners & Laundry, Edmond Furniture Gallery and Epsilon Sigma Alpha International. Tickets are available at IBC Bank and Legacy Cleaners locations or by calling (800) 5921596. Tickets also can be reserved by going to www.dreamhome.org. Lindsey McGee, vice president of operations
Lindsey, Leah and Neal McGee of Neal McGee Homes all worked on the St. Jude Dream Home. PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN
for Neal McGee Homes, called building the home “an awesome experience.” Her parents, Leah and Neal McGee, vice president and president of Neal McGee Homes, first heard about the opportunity to support St. Jude by building a Dream Home through another family member, Realtor Brooke McGee, who is with Keller Willliams Realty. The McGees knew they wanted to be involved with helping raise money for the research hospital “as soon as we got that first
call,” Leah McGee said. Bringing the St. Jude Dream Home to life was almost a yearlong process, impeded at times by “a lot of obstacles, like ice, snow and rain,” she said. But with support from McGee’s network, the Dream Home got under way in late 2009. Dee Greninger, a partner in Iron Horse Group, got the ball rolling with what Neal McGee called “a huge donation” — a lot valued SEE HOME, PAGE 2F
Communication vital when couples remarry Despite America’s divorce rate, many people go on to remarry. And the older the couple, the more likely it is that they own two homes. This means that after the wedding they’ll face thorny questions: Should they sell one place and move into the other? Or should each sell and then buy a home together? “These frustrating choices have no easy answers,” said Andrew Jamison, a certified financial planner affiliated with the Garrett Planning Network (www.garrettplanningnetwork.com). Although remarrying couples face many complex money issues, he said the hardest ones aren’t always financial. Here are pointers for homeowners who are remarrying:
Ellen James Martin SMART MOVES
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Moen is helping homeowners create a coordinated bathroom by offering lighting fixtures to match some of its faucets. The lighting is available in four collections in its high-end ShowHouse line: Waterhill, Felicity, Solace and Savvy. Various finishes and configurations are offered. Fixtures feature quick-connect wiring, and many can be mounted with the bulbs facing up or down — or in the case of Solace, vertically or horizontally. Suggested prices range from $163 to $427. To find a retailer, go to http:// showhouse.moen.com or call (800) 289-6636.
Discuss your options before making any big move. Because many people who remarry have spent years living independently, they’re accustomed to making decisions solo. But Jamison said it’s crucial that couples discuss their financial options thoroughly before going forward. “In every marriage, there seems to be one money-oriented person and one who is not money-oriented. Yet whenever large financial decisions are made, both people must be involved, or re-
sentments will build later,” said Jamison, who encourages the partners to interview each other and pose questions about priorities. If such a discussion fails to yield answers, the couple might consider consulting a financial adviser who works on an hourly basis, he said. A competent adviser will facilitate conversations that allow both partners to express their housing goals. Factor retirement planning into your housing decisions. Research shows that many boomers have insufficient savings to carry them through their retirement years. That’s why financial planners such as Jamison caution against maxing out on your mortgage borrowing capacity before you’ve put away enough savings for your retirement.
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“Obviously, how you’ll pay for your retirement is a major concern that should impact on your housing plans,” he said. “The problem is that many people think they’ll need less money in retirement. In truth, they’ll probably need more, especially if they plan to take up new hobbies or travel.” Determining whether you and your partner have amassed enough money to retire requires analysis, Jamison said. You’ll need to estimate your probable life span, the number of years you plan to spend in retirement, and your expected return on investments. To help get a handle on your financial needs for retirement, Jamison suggested you start by listing your aspirations and then seeing what is plausible. “When people retire, they suddenly have more
time on their hands,” he said. “And they don’t want to twiddle their thumbs all day.” Consider selling both homes and buying another. When people marry for a second time, there often are uncomfortable feelings about moving into the other’s place. And while both partners usually have strong attachment to their property, starting fresh could have many psychological advantages for their relationship, Jamison said. “I strongly encourage people who are getting married a second time to bite the bullet, sell both houses and then buy a new one,” he said. “That gives everyone a clear break and a new beginning.”
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E-mail Ellen James Martin at ellenjamesmartin@gmail.com. UNIVERSAL UCLICK
BOOK AIDS GARDENERS One of the most challenging parts of gardening is choosing plants that will provide interest all year long. Stephanie Cohen and Jennifer Benner make that simpler with “The Nonstop Garden: A Step-by-Step Guide to Smart Plant Choices and FourSeason Designs.” They argue against a purist’s approach and advocate creating mixed borders that incorporate trees, shrubs, perennials, annuals, tropicals, bulbs, vines and edible plants. They suggest lowmaintenance plants and offer strategies for putting them together artfully. “The Nonstop Garden” is by Timber Press, for $19.95 in softcover. FROM WIRE SERVICES
INDEX Stone Harney Carter Permits
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THE OKLAHOMAN | NEWSOK.COM Left: Precision Pools installed what homebuilder Neal McGee calls the “spool” — a midsize spa-pool — just off the patio of the home. PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN
BUSINESS BUSINESS NEWS P.O. BOX 25125, Oklahoma City, OK 73125 Fax: (405) 475-3996 NewsOK.com HomesOK.com
CLYTIE BUNYAN Business Editor (405) 475-3284, cbunyan@opubco.com
RICHARD MIZE Real Estate Editor (405) 475-3518, richardmize@ opubco.com
Home: Floor plan customized for lot FROM PAGE 1F
at $70,000. Lindsey McGee worked with Jay Holman of Edmond’s Jay Holman Design & Drafting to customize the floor plan to fit on the lakeview lot. She said it’s crucial to be involved in interior design “from the very beginning” — not just as a finishing touch. She and her mother, working as a team, selected fixtures and materials early on so the construction schedule could accommodate them. St. Jude played host for a “Bricks and Sticks” luncheon at the onset of the Dream Home project, to educate and inspire the craftspeople and subcontractors involved. “Despite the economy, all of our subcontractors made substantial donations of material and labor to get this house built,” Lindsey McGee said. From Precision Pools’ “spool” — that’s McGeeese for the mid-size spapool just off the patio — to quality bricklaying from Jose Compian Masonry, crews “put in many, many late hours” to finish the home on schedule, she said. The home opens into a spacious foyer flanked by a study and formal dining room. An open kitchen with custom cabinetry and professional-grade appliances, provided by Metro Appliances in Moore, flows together with the living room, bathed in light from the wall of windows that look out to the patio, “spool” and outdoor kitchen. Downstairs, the master suite has been thought out in every detail, from the river rock floor of the spacious shower to luxurious Brizo fixtures to the double walk-in closet/dressing room. Upstairs, it’s a true family home. Three bedrooms — two connected Jackand-Jill style by a large shared bath — are roomy, light and comfortable. A media room — the upstairs den that is almost a fixture in modern homes — opens to a balcony that
The dream home’s master bedroom.
PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN
Left: The home has a second-story patio with a view of the Iron Horse Ranch neighborhood. PHOTO BY DAVID MCDANIEL, THE OKKLAHOMAN
Right: Bruno’s Furniture furnished the dining room of the St. Jude Dream Home. PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN
overlooks the patio. When the home was complete, St. Jude had another luncheon to congratulate and thank all the participants. Lindsey McGee was “very exhausted,” she said. And “very emotional.” She recalled the final
week of construction, when Jose Compian and his masonry crew stayed until almost midnight finishing the spiral columns on the patio. Compian’s crew is “very serious about their soccer,” McGee said. “I asked about how the team was
doing, and he told me they were 5 and 1.” She said she asked Compian where the one loss came from? McGee said he told her with a smile, “They forfeited the night they worked late to finish the Dream Home.”
The dream home’s open kitchen, with custom cabinetry and professional-grade appliances flows into the living room. PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN
VENETTE PERRY Assistant Classified Advertising Manager (405) 475-4155, vperry@opubco.com
FOR EDITORIAL INQUIRIES: Contact Richard Mize
FOR ADVERTISING INQUIRIES: Contact Venette Perry
REAL ESTATE
THE OKLAHOMAN | NEWSOK.COM
SATURDAY, JUNE 19, 2010
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LISTING OF THE WEEK
HOUSE PLANS
The Listing of the Week is at 3320 Red Maple Lane in Moore.
Spacious Moore house offers sense of security The Listing of the Week is a Dallas-style house on a corner lot in Moore’s Oak Ridge addition. The 2,164-square-foot house has three bedrooms, two baths, one living room, one dining area, a study and an attached threecar garage. The living-dining room has a fireplace and ceiling fan. The kitchen has a breakfast bar and pantry. The master bedroom has a ceiling fan, Australian closet and bath with a whirlpool tub. Secondary
Coburg has warmth, old country charm HOMES | TWO-STORY FOYER FEATURES SIDELIGHTS The Coburg has the warm, welcoming appeal of a traditional American country home. Short columns accent the pony wall that rims a front porch that spans the entire front and wraps around on both sides. A vaulted central section highlights the front door. Natural light washes into the two-story foyer through sidelights, a transom and an upper-level dormer. Double doors on the left open into a room that could be used as a den, study or home office. The opening by the stairs, just past the coat closet, leads into a large family room linked to the dining room and kitchen. Double doors in the dining room offer direct access to the front porch. The vaulted living room is straight ahead, past the stairs and a hallway that
leads to the owners’ suite. Its gas fireplace is set between stacked windows and an atrium door with a transom. This door and another in the mud hall offer access to the patio and gazebo outside. In the passageway between the living room and kitchen, an extra-large pantry fills the alcove opposite a long counter with cabinets above and below. Other kitchen features include a sunny eating nook, built-in appliances, an eating bar and a rectangular work island with a built-in cooktop and prep sink. Laundry appliances and a mud bathroom line the mud hall, which links to a three-car garage. The owners’ suite has a large walk-in closet, oversized shower and private toilet. Three bedrooms are on the upper floor of the Co-
burg, along with two bathrooms, a bonus room and a balcony loft that overlooks the foyer and vaulted living room. For a review plan, including scaled floor plans, elevations, section and artist’s conception, send $25 to Associated Designs, 1100 Jacobs Drive, Eugene, OR, 97402. Please specify the Coburg 30-637 and include a return address when ordering. For more information, call (800) 634-0123.
bedrooms have walk-in closets and ceiling fans. The home has a covered patio and security system. The home, built in 2005, is listed for $219,000 with J.T. Brown of Century 21Clinkenbeard Group. For more information, call 799-2100 or 604-7363. Nominations for Listing of the Week are welcome. Send information about single-family homes to The Oklahoman, Richard Mize, P.O. Box 25125, Oklahoma City, OK 73125. Nominations may be faxed to 475-3996.
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THE OKLAHOMAN | NEWSOK.COM
Luxury homes languish as wealthy pinched BY KATHLEEN LYNN The Record
Looking for a bargain? Actor Eddie Murphy’s 30-room Englewood, N.J., mansion, which went on the market in 2004 for $30 million, can be yours for $12.75 million. And hip-hop entrepreneur Russell Simmons’ 35,000-square-foot mansion in Saddle River, N.J., — offered for $23.9 million in 2007 — is now listed for $13.9 million, not much more than the $13.5 million Simmons paid in 2001. Although it once seemed that markets catering to the richest Americans would be immune to an economic downturn, there’s a different story in the luxury home market of northern New Jersey, with its proximity to New York City. As stock portfolios swooned last year and Wall Street cut thousands of jobs, wealthy people held off on buying multimillion-dollar homes. As a result of the slower demand, prices have plummeted, often by millions of dollars. “I didn’t feel that at this level of income, people would be affected,” said Stephanie Rosken of Prominent Properties Sotheby’s International Realty in Tenafly, N.J. “But the market that I felt was not going to be affected was very much affected by this volatile economy. Very, very little is selling.” According to figures from the New Jersey Multiple Listing Service, sales of mul-
“All last year, buyers were under a rock,” says Michele Kolsky of Coldwell Banker in Fort Lee, N.J., who has four listings for more than $5 million including this one in Alpine, N.J. MCCLATCHY-TRIBUNE PHOTO
timillion-dollar homes fell sharply from 2007 highs in wealthy Bergen County, N.J. Jeffrey Otteau, an East Brunswick appraiser who tracks the real estate market statewide, recently estimated that there is a seven-year supply of properties priced above $2.5 million in Bergen County. Developer Stephen Sweeney has been
trying to sell a new 13,000-square-foot chateau in Saddle River for more than two years. Despite high-end finishes and a price cut from $8.5 million to just under $7 million, the house is still for sale. “It’s a prom queen with no date,” Sweeney said. “At the end of the day, the most beautiful home is the home that’s sold.”
Inspector downplays asbestos DEAR BARRY: Before I bought my home, I asked my inspector about the strange insulating material in the attic. He told me it was used by “old-timers” for insulation. He added that the mining equipment used to quarry this insulation also may have been used to mine asbestos materials. As a consequence, there might be a small amount of asbestos fibers in the insulation. He assured me that the insulation was safe and that any asbestos contamination would be at safe levels and hard to detect. He is either ignorant or was purposely misleading me. After searching online, I believe I have Zonolite insulation, recognized to be contaminated with asbestos in most cases. Is my home inspector liable for downplaying the risks of Zonolite? By the way, he had me sign a contract making him not liable for asbestos in the home. Paul DEAR PAUL: Zonolite was a brand name for a type of insulation known as vermiculite. It is a lightweight mineral that is mined from the ground and is commonly mixed with potting soil to help retain moisture. Most home inspectors may be unaware of vermiculite insulation because in many areas of the country, it was rarely used. In 23 years of inspecting homes, I have only seen it twice. The first thing to remember about asbestos materials is that they only release fibers into the air when disturbed. Therefore, you are unlikely to be affected if the insulation in your attic is left as-is.
Barry Stone INSPECTOR’S IN THE HOUSE
To determine whether your insulation definitely contains asbestos, send a small sample to an environmental laboratory for analysis. According to the Environmental Protection Agency, about 70 percent of all Zonolite contains asbestos. Therefore you have a 30 percent chance of being asbestos-free, but definitely it’s a possibility and worth investigation. Asbestos disclosure is outside the scope of a home inspection, as stated in the home inspection contract that you signed. However, when a home inspector makes disclosures involving asbestos, as your inspector apparently did, the asbestos disclaimer is no longer credible. A home inspector cannot reasonably disclaim asbestos on one hand and then make disclosures and assurances about asbestos on the other. When your inspector stated that the insulation was perfectly safe and that any asbestos contamination would be at safe levels and hard to detect, he immersed himself in liability, especially if he made those statements in writing. DEAR BARRY: Our smoke alarm goes off at random times. We replaced the battery, but that did not help. What could be causing this, and what can we do to stop it? Brenda DEAR BRENDA: All
that is needed for a false alarm is a small particle of debris in the detection chamber of the smoke alarm. Often, a small spider will get into that part of the fixture, causing the alarm to activate. The solution is
to buy a replacement alarm at the hardware store. And while you’re at it, buy an alarm that also detects carbon monoxide. To write to Barry Stone, go to his website, www.housedetective.com. ACCESS MEDIA GROUP
The sales slump was caused in large part by upheaval in the financial markets, starting with the collapse of Lehman Brothers in September 2008. Real estate agents said that even wealthy people were shaken, and pulled back on spending. “Wall Street definitely affected us,” said Peggy Mann of Prominent Properties Sotheby’s International Realty, who has an $11.7 million home listed in Alpine, N.J. Even people with good jobs “didn’t know what the future was holding,” she said. “Those people went into hiding,” said Frances Aaron, also of Prominent Properties Sotheby’s, a nine-office agency that has the largest share of the most expensive listings in Bergen County. “People were just shocked and just held on to everything they had. They lost lots of confidence.” They also lost access to financing. While many well-off people buy homes with cash, those who needed mortgages found them hard to get after the credit crisis of autumn 2008. Many so-called jumbo mortgages were financed by mortgagebacked bonds. “The people who have wealth and liquidity are holding onto their money, and the banks are doing the same thing. They’re not lending money,” Sweeney said. “You could lower your prices as much as you want. It’s not a function of price; it’s that there is no market.” MCCLATCHY-TRIBUNE INFORMATION SERVICES
THE OKLAHOMAN | NEWSOK.COM
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SATURDAY, JUNE 19, 2010
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Analysts say tax credit boost not likely to last BY ALAN J. HEAVENS The Philadelphia Inquirer
PHILADELPHIA — The state of the U.S. housing market, and its immediate future, came into sharper focus through economic reports centering on the now-expired federal tax credits for buyers. April 30’s deadline for the credits helped boost pending home sales for the third consecutive month, the National Association of Realtors said, citing data reflecting signed sales agreements rather than closings, which lag one or two months behind. The index the Realtors’ group uses to measure pending sales rose 6 percent in April, to 110.9. That was just shy of the 112.4 recorded in October, when buyers were rushing toward the Nov. 30 deadline for the first tax credit, and 22.4 percent above the April 2009 level. With large numbers of purchase contracts going to the settlement table in May and June, home-sales figures should remain elevated at least through early summer, industry observers said. But indications are that post-credit activity already has dropped off substantially. Agents at Long & Foster Real Estate’s Blue Bell/ Spring House office, in the Philadelphia area, scheduled 738 appointments to show houses in May, compared with 1,216 in April and 1,242 in March, said branch administrator Greg Cressman. That figure, Long & Foster regional vice president Art Herling said, “predicts sales.” The tax credits offer up to $8,000 for qualified first-timers and up to $6,500 for those who had not bought a house in five years or more. Lawrence Yun, chief economist for the Realtors’ group, said the credits brought an additional 1 million buyers into the market. “The housing market has to get back on its own feet,” Yun said, “and now appears to be in a good position to return to sustainable levels even without government stimulus, provided the economy continues to add jobs.” Foreclosure rates, however, remain at historically high levels nationwide, even as efforts to help borrowers appear to be making headway. As of April, a combination of lender and government programs had completed 642,000 permanent mortgage modifications
this year, according to Hope Now, a private-sector alliance of mortgage servicers, investors, mortgage insurers, and nonprofit counselors. In addition, Bank of America said it had started an “earned principal forgiveness” approach to modifying troubled loans. The plan is being offered to homeowners who owe considerably more than the current value of their homes as the loans are being considered for the government’s Home Affordable Modification Program. As some economists predicted, home sales resulting from the tax credits did not measure up to the 2 million purchases the government’s 2009 incentive sparked.
But because of that, Patrick Newport of IHS Global Insight and other economists believe, dips in sales over the next couple of months will be smaller than those occurring in the first quarter of 2010. The Mortgage Bankers Association reported that purchase applications were almost 40 percent below their level of four weeks ago. Applications for refinancing were up 74 percent, though, as 30-year fixed rates remain well below 5 percent. Financing issues are creating problems for buyers with signed contracts now facing the tax credits’ June 30 closing deadline, and Realtors are asking Congress for help.
“Under normal circumstances, two months would be enough time from contract signing to settlement date,” Yun said. “However,
the recent housing cycle has brought long delays” in processing mortgages. Yun said Congress is being asked to provide clos-
ing-date flexibility for those who bought under the tax credits. MCCLATCHY-TRIBUNE INFORMATION SERVICES
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REAL ESTATE
THE OKLAHOMAN | NEWSOK.COM
DECLINE IS LOWEST SINCE FEBRUARY 1997; REFINANCE VOLUME ALSO DROPPED SHARPLY
Number of mortgage applications falls, survey finds BY THE ASSOCIATED PRESS
Interest rates have hovered near historical lows for the past month, and many homeowners have already refinanced recently.
WASHINGTON — The number of cus-
tomers applying for a mortgage to purchase a property fell to the lowest level in 13 years last week, a sign the housing market is struggling without government incentives. Purchase volume declined 5.7 percent and was at its lowest point since February 1997, the Mortgage Bankers Association said. Overall mortgage application volume, which includes loans for purchases and refinancings, dropped by 12.2 percent during the week ending June 4, compared with the previous week. Refinance volume tumbled 14.3 percent. “Purchase applications are now 35 percent below their level of four weeks ago, as homebuyers have not yet returned to the market following the expiration of the homebuyer tax credit at the end of April,” said Michael Fratantoni, the association’s vice president of research and economics. New buyers were offered a credit worth up to $8,000, while current owners who bought and moved into another home could get one for up to $6,500. To receive them, buyers had to have a signed offer by April 30 and must close by the end of June. The trade group said customers looking to refinance homes accounted for 72.2 percent of all applications, compared with 73.8 percent the previous week. That marked the first decline in refinance share in five weeks. Interest rates have hovered near histor-
Left: A home in Mt. Lebanon, Pa., shows a recent sold sign, but a Mortgage Bankers Association survey shows that mortgage applications have dropped to the lowest level in 13 years. AP PHOTO
ical lows for the past month, and many homeowners have already refinanced recently. Others can’t qualify because they owe more than their homes are worth, lack job security or have tarnished credit, Fratantoni said. The average interest rate on a 30-year, fixed-rate mortgage fell to 4.81 percent the first week of June from 4.83 percent a week earlier. The average rate for a 15-year, fixed-rate mortgage — which is often more popular for refinancing a mortgage — rose to 4.26 percent from 4.24 percent. The survey provides a snapshot of mortgage lending activity among mortgage bankers, commercial banks and thrifts. It covers more than 50 percent of all residential retail mortgage originations each week.
REAL ESTATE
THE OKLAHOMAN | NEWSOK.COM
SATURDAY, JUNE 19, 2010
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LIGHTER COLORS, COLORFUL ARTWORK, MORE LIGHTING AMONG SUGGESTIONS TO BRIGHTEN ROOM
Lighten up! Dark rooms don’t have to be DEAR MI-LING: I am finally going to downsize to a villa. The colors are earth tones, and my great room is sand brown. I got an area rug with cream, sand and dark brown. My furniture is leather. What color can I use to lift up the space? I don’t like dark rooms. Jacquie H. DEAR JACQUIE: You’re in good company. I’ve
Mi-Ling Stone Poole
home, townhome or villa. Here are some ideas to open up your space. Paint the ceiling one shade lighter or repaint the entire room. Use drapes or blinds that will allow light to filter through. Accent with lightcolor tones. Cover your walls with
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ASK MI-LING spoken to a number of people who are planning to downsize to a smaller
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Builders’ incentives may spur tussle WASHINGTON — The Obama administration wants to stir the pot on a highly contentious issue involving homebuilders and their customers: The legality of the discounts, rebates, closing costs, upgrades and other lures that builders often dangle in front of buyers — but only if they agree to use the builder’s affiliated mortgage lender. In the real estate business, the issue is known as “required use.” Under the Real Estate Settlement Procedures Act, consumers cannot be compelled to use the services of affiliates of realty firms, title companies, builders and other participants. For example, a real estate broker cannot legally force you to obtain your title insurance or mortgage from one of its own affiliates. It can inform you of the availability of affiliated service providers but may not require you to do business with them. In recent years, the Department of Housing and Urban Development, which administers the settlement procedures law, has received complaints about builders allegedly steering purchasers to affiliated lenders in exchange for discounts off the house price or other incentives. Some consumers complained that not only were they pushed into mortgages with higher rates, fees and closing costs than those readily obtainable in their local marketplace, but that when they objected, the builder either demanded that they go to closing with the affiliate or lose the discounts that attracted them in the first place. In one case outlined by HUD enforcement officials, a large builder canceled a buyer’s contract and seized an $11,845 good-faith deposit after the buyer’s refusal to use an affiliated mortgage lender. In another case, a buyer complained that a builder seized her $10,000 deposit when she rejected the high-cost loan deal proffered by the builder’s mortgage affiliate. According to HUD, not only did the affiliate’s loan officer “fraudulently” alter financial documents, but the terms of the deal itself “would have placed the consumer in a home she couldn’t afford.” To prevent future abuses, HUD broadened its definition of “required use” to include economic duress — situations where consumers believe they must use an affiliated or recommended service provider “to avoid an economic disincentive or penalty.” HUD also said any discount or rebate must be bona fide, and “not made up by higher costs elsewhere in the settlement process,” such as above-market loan terms. The National Association of Home Builders objected to the change and filed suit in federal court to block HUD’s move. The suit charged that HUD had not performed adequate research before adopting the rule, and that it would unfairly cut consumers off from legitimate, valuable discount programs offered by many builders.
Kenneth Harney THE NATION’S HOUSING
Rather than fight a prolonged court battle, HUD withdrew the rule change and put the issue on ice. Now, however, the administration wants a full public airing of the pros, cons and mechanics of builder rebate programs that are tied into affiliated loan deals. In a Federal Register notice June 3, the agency invited consumers, mortgage market participants, realty agents, builders and other interested parties to provide information on their experiences and what they know about the programs’ operations. For example, is there any evidence that some builders tack the costs of the incentives — whether upgrades, rebates or discounts — “into the cost of the home and are therefore not true discounts”? Is there hard evidence that affiliate loans come with higher rates or total fees than those available elsewhere in the local market? Since builders can earn hefty fees in the secondary mortgage market by selling loans with higher-than-prevailing rates, is that a key source of profit? Do builder incentives
discourage or prevent consumers from shopping for better financing, thereby costing them more for years down the road? Roy DeLoach, chief executive officer of the National Association of Mortgage Brokers, has no doubt that builder affiliates charge puffed-up fees and rates — and not coincidentally take business away from his members. “We’ve gotten hundreds of complaints from buyers who want to use lower-cost financing” available through brokers, he said, “but who can’t because they’re locked into contracts that effectively shut them out.” David Ledford, senior vice president for housing finance at the National Association of Home Builders, could not disagree more strongly. Builders have no economic or competitive reason to charge higher mortgage rates or fees through their affiliates, Ledford said in an interview. That’s because “most builders do not intend their affiliates to be a profit center” but rather a means to a more efficient, dependable transaction. The main purpose for the affiliates, Ledford said, “is to make sure the financing process doesn’t foul up the sale of the house.” E-mail Ken Harney at kenharney@earthlink.net. WASHINGTON POST WRITERS GROUP
colorful artwork. Add a number of table lamps and other lighting to the space. One thing to keep in mind when scaling down in a home is that you can’t take everything with you. You’re going to have to get rid of stuff as soon as possible. Have a garage sale, donate items that you won’t need and give the
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rest to family and friends. When it comes to incorporating a color scheme into your new home, you might want to keep things light and airy. Some of my favorite colors to combine with brown are light blue, teal, cream, gold, purple, lavender, orange or light celery green. Select a couple of the
colors and balance with different shades of brown and cream. Now go out and create your own unique comfort zone! Mi-Ling Stone Poole is the author of “Ask Mi-Ling! When You Want the Truth About Decorating.” You can listen to her radio show, “Mi-Ling’s Comfort Zone,” from noon to 1 p.m. Sundays on KTOK-AM 1000. If you have a decorating dilemma, e-mail her at www.Mi-Ling.com.
If You Have Something To Sell Classified Can Do It — Call 475-3000
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SATURDAY, JUNE 19, 2010
THE OKLAHOMAN | NEWSOK.COM
Nonprofit group building affordable green homes FROM STAFF REPORTS
An nonprofit group is making sure that living in a top-rated, energy-efficient home isn’t just a luxury available at a premium but an affordable option for anyone. Neighborhood Housing Services Oklahoma City Inc. received $550,000 in funding through the city of Oklahoma City to build 13 green homes in a neighborhood called Mi Tierra. The homes will be LEEDcertified. LEED stands for Leadership in Energy and Environmental Design, the standard of the U.S. Green Building Council. Neighborhood Housing Services recently offered previews of the first two houses at an event at 1221 SW 18. The Home Depot employees helped with framing on a third house. Fitzsimmons Architects designed the first two
Fitzsimmons Architects designed two homes in Neighborhood Housing Services’ Mi Tierra neighborhood in southwest Oklahoma City. PHOTOS PROVIDED BY NEIGHBORHOOD HOUSING SERVICES
homes and acts as consultant for the development, which is on property acquired from the Latino Community Development Agency. Oklahoma Gas and Electric Co. acts as energy adviser. “While the cost of real estate is considerably lower in Oklahoma than in many other U.S. cities, our state still ranks toward the
bottom on median household income,” said Roland Chupik, executive director of Neighborhood Housing Services. “It’s important we continue to build affordable housing to help people achieve the dream of homeownership. And green homes are an important part of sustaining the affordability of a home.” To qualify for the
Volunteers from metro-area Home Depot stores help frame a house in the Mi Tierra addition.
homes, individuals or families must be first-time homebuyers and make less than 80 percent of the median household income of $58,500 for a family of four. The nonprofit also offers $10,000 in downpayment assistance to those who qualify. “We’ve been able to incorporate green features into past affordable housing projects, but this is the first LEED-certified devel-
opment our organization has built,” Chupik said. “The energy-efficient features will help keep utility and maintenance costs low for the homeowners, something we feel is vital when building housing for low- to moderate-income families.” The typical energy cost for a 1,500-square-foot home is between $200 and $250 a month based on various factors. It is esti-
mated that these homes will shave that cost in half. The Mi Tierra homes will range from 1,200 to 1,800 square feet and feature energy-efficient features including walls with spray foam insulation to reduce heat loss in winter and heat penetration in summer; geothermal technology to circulate water from the earth to heat and cool the home; and windows with the best energy performance ratings available. “We are dedicated to increasing the quantity of homeowners in Oklahoma,” Chupik said. “We think everyone deserves to be equipped with the tools they need for budgeting, financing and maintaining a home.” For more information about Neighborhood Housing Services Oklahoma City, go to www.nhs okc.org or call 231-4663.
Cutting ties not easy after home buy goes awry Q. I’m in Miami, Fla, and was going to buy a property for $167,000. I was approved for a mortgage with a 4.5 percent rate because I have good credit. I spent about $700 for the loan application and inspection. I was waiting for the title to come through when it came out that the owner has a lien of $214,000. He never disclosed this. The owner told me there was some kind of “hold” and that he wanted me to close before April 30 and move in June 20 because “lawyers were working on it.” Two days later, I found
Charles Carter REAL ESTATE Q&A
out the apartment was appraised for $150,000. I canceled the purchase. My real estate agent forwarded me the cancellation after it was signed. Now the seller says he is going to submit a claim for me to give him $1,000 from the “earnest money deposit.” But I never gave that money;
my real estate agent said since she knew me, she knew I was going to buy. On the same day, the bank gave me a “declination” saying it would not approve the sale. The title lady said that was enough to get the earnest money deposit back. I don’t want this guy to ruin my good name or my credit. I fear it is much more expensive to get a lawyer involved. My real estate agent has told me she doesn’t want to work with me anymore because I was influenced by the bank not to buy this place when it was a great deal.
I have a paper trail of all this. I haven’t heard from the seller since I was given the cancellation April 28. Should I worry? He says he is filing for “failure to purchase contract.” A. Here’s my standard caveat: I’m not licensed to practice law in Florida. That said, I would do nothing. I can tell you the legal defenses: It was an illegal contract since the seller couldn’t give you decent title at the beginning, and it was fraudulent. The first defense makes the contract void; the second defense makes it voidable. What the broker is do-
ing is awful. You thought she was on your side. The housing market in South Florida is bad, and brokers without good conscience only care about their commissions. The bank is skittish, which in this case makes it the only party on your side. The appraiser probably undervalued the house a little. Be thankful that little money changed hands. I’d say you’re owed for the $700 and that the seller made you expend it under false pretenses. But I don’t know if prosecutors would want to get involved. These people should be reported to state and local
authorities. But if they are scammers, they will be wise to the process. If you complain to the Florida Department of Business and Professional Regulation, it’s easy for the other side to lie. Then the state may write you saying there is a factual conflict and that they won’t pursue it. Check your credit score and see if it has changed. If anything bad happens, write these agencies explaining the facts. Charles Carter, Ph.D., specializes in real estate analysis after years as a professor, real estate lawyer and appraiser. Send questions to cccarter2010@yahoo.com. MCCLATCHY-TRIBUNE INFORMATION SERVICES
REAL ESTATE
THE OKLAHOMAN | NEWSOK.COM
SATURDAY, JUNE 19, 2010
9F
Planning Commission reviews applications FROM STAFF REPORTS
The Oklahoma City Planning Commission approved the final plats of Featherstone Addition Section 4 and Section 5, north of SW 164 and west of Western Avenue, at its June 10 meeting.
Other items approved:
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Application by Independent School District No. 89 to close SW 30 extending east from the east right-of-way line of S Walker Avenue to the west right of way line of S Hudson Avenue. Application by Michael McCoy to rezone 319 NW 23 from the R-4 General Residential/HL Historical Landmark/ UCD Urban Conservation/C-4 General Business/UD Urban Design/TT Twenty Third Street Uptown Overlay Districts to the SPUD-560 Simplified Planned Unit Development District. Application by C&C Vorderlandwehr to rezone 3740 NW
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166 from the PUD-737 Planned Unit Development District to the SPUD-561 Simplified Planned Unit Development District. Application by Commercial Permits Express to rezone 3701 S Pennsylvania Ave. from the SPUD-476 Simplified Planned Unit Development District to the SPUD-562 Simplified Planned Unit Development District. Application by Brian Fitzsimmons, Fitzsimmons Architects, to rezone 1210, 1214, 1220 and 1224 NW 18 from the R-3 Medium Density Residential/ Gatewood Urban Conservation District to the SPUD-563 Simplified Planned Unit Development District. Final Plat of Shire Lea Village Phase 2, south of NW 10 and east of Cemetery Road. Application by MI#1 LLC for a Special Permit to operate Mining and Processing: Minerals and Raw Materials use in the PUD-1372 Planned Unit Devel-
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opment District at 6224 SW 8. Application by Cinnabar Investment LLC to close the north half of SW 134 extending half a mile west of S Council Road (closed) and close all of SW 134 extending east half a mile from S Council Road (closed) and a portion of SW 134 beginning half a mile east of S Council Road extending east a distance of 435 feet. Application by Producers Cooperative Oil Mill to close all of S Central Avenue between SE 4 and SE 6 and close SE 6 extending east from S Walnut Avenue to the east line of the Amended Plat of McCornack’s Factory Addition.
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Deferred to June 24
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Application by Newey Family Partners LLC to rezone 3442 S Douglas Blvd. from the R-1 Single Family Residential District to the PUD-1416 Planned Unit Development District.
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Application by Sheridan Redevelopers LLC to close several platted alleyways in Block 62, Original Townsite of Oklahoma City Addition, west of N Hudson Avenue and north of W Sheridan Avenue. Application by Brian and Teresa Anderson to rezone 3737 E Hefner Road from the AA Agricultural District to the R-A Single Family One-Acre Rural Residential District. Preliminary Plat of Coyote Ranch, north of Hefner Road and west of Interstate 35. Application by Nest Homes LLC to vacate a portion of the Final Plat of Preston to delete Plat Note No. 12, south of Memorial Road and east of N MacArthur Boulevard. Application by Riverport Park Ltd. to rezone 1547 and 1601 S Portland Ave., 4000 and 4001 SW 15 and 4100 and 4101 SW 15 from the PUD-35A Planned Unit Development District and R-1
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Single Family Residential Districts/SRODD Scenic River Overlay Design District/AE-2 Airport Environs Zone Two Overlay District to the PUD-1417 Planned Unit Development District. Final Plat of Forest Glen Commons, north of SE 29 and west of Hiwassee Road.
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Deferred to Aug. 12
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Application by Crafton Tull Sparks to rezone 11510 W Interstate 40 from the C-HC Commercial Highway and PUD-1337 Planned Unit Development Districts to the PUD-1415 Planned Unit Development District.
10F
SATURDAY, JUNE 19, 2010
Permits Oklahoma City Elliott & Co. Architects Inc., 3308 SW 44, apartments, remodel, $1,270,000. Lingo Construction Services Inc., 222 NW 15, church, remodel, $1,000,000. Mark Timbrook, 100 N Mustang Road, office, remodel, $364,500. Mark Timbrook, 100 N Mustang Road, office, remodel, $364,500. Real Property Construction, 11801 Bravada Drive, residence, erect, $350,000. Rice Custom Homes LLC, 325 NW 150 Court, residence, erect, $350,000. G.L. Cobbs & Co. LLC, 11720 Sawgrass Road, residence, erect, $300,000. Davenport Homes LLC, 1317 NW 192 Terrace, residence, erect, $275,000. G.L. Cobbs & Co. LLC, 11120 Treemont Lane, residence, erect, $270,000. Brookfield Custom Homes LLC, 10817 NW 95, residence, erect, $245,000. Remington Builders Inc., 9313 NW 133 Court, residence, erect,
$230,000. ACC Construction & Maintenance Inc., 2905 Mirage, residence, erect, $220,000. Mike Metcalf Construction LLC, 3425 SW 123, residence, erect, $220,000. Mike Metcalf Construction LLC, 12401 Jasper Ave., residence, erect, $220,000. Authentic Custom Homes LLC, 2813 NW 173, residence, erect, $200,000. Joseph E. Camp, 5500 NW 130, residence, erect, $200,000. Robin Ridge LLC, 2408 NW 154, residence, erect, $195,000. Blue Ribbon Construction, 8513 NW 112 Terrace, residence, erect, $190,000. SWM & Sons Inc., 12640 SE 44, residence, erect, $189,350. Authentic Custom Homes LLC, 2712 NW 173, residence, erect, $185,000. SWM & Sons Inc., 10101 SE 54, residence, erect, $175,420. Castlebrook Crossing Homes LLC, 2704 Wyatt Way, residence, erect, $175,000. Robin Ridge LLC, 2404 NW 154, residence, erect, $175,000. Taber Built Homes LLC, 19213 Garden Creek Lane, residence, erect, $175,000. Taber Built Homes LLC, 5001
REAL ESTATE NW 153, residence, erect, $175,000. David Young, 13712 Brutus Blvd., residence, erect, $175,000. Authentic Custom Homes LLC, 2237 NW 195, residence, erect, $170,000. D.H. French Construction Co. Inc., 5201 S Peebly Road, residence, remodel, $165,819. Dodson Custom Homes LLC, 3224 NW 192 Terrace, residence, erect, $151,900. Elliott & Co. Architects Inc., 901 NW 13, apartment, remodel, $150,000. Western Construction, 2401 NW 23, business, remodel, $150,000. Ideal Homes of Norman LP, 2420 SW 137, residence, erect, $131,000. Taylor Associates, 1449 W Interstate 240 Service Road, retail sales, remodel, $120,000. Ideal Homes of Norman LP, 18301 Carillo Road, residence, erect, $111,000. Wilson Chacko Custom Homes, 1400 Hollyhead Terrace, residence, erect, $110,000. Ideal Homes of Norman LP, 401 Durkee Road, residence, erect, $103,000. Ideal Homes of Norman LP, 13817 Kysela, residence, erect, $101,000. Foster Design & Construction LLC, 15813 Prairie Run Drive, residence, erect, $100,000.
THE OKLAHOMAN | NEWSOK.COM Foster Design & Construction LLC, 15929 Prairie Run Drive, residence, erect, $90,000. Ideal Homes Of Norman LP, 2820 NW 184, residence, erect, $87,000. Wampler Co., 6001 S Air Depot Blvd., office, remodel, $85,000. Dodson Custom Homes LLC, 2224 NW 158, residence, erect, $84,000. Ideal Homes of Norman LP, 16105 Raindust Drive, residence, erect, $81,000. Ideal Homes of Norman LP, 14328 Marbleleaf Drive, residence, erect, $69,000. Ideal Homes of Norman LP, 1709 NW 144 Terrace, residence, erect, $65,000. Hoyer Enterprises Inc., doing business as Hoyer Construction, 2508 NE 16, residence, fire restoration, $64,600. Evans Building Concepts, 1440 Dorchester Drive, residence, remodel, $60,000. Brad Edgar, 6201 Northwest Expressway, restaurant, remodel, $60,000. Bronco Steel Co., 7535 SW 119, storage, erect, $47,000. Leonard Construction, 5615 Sunset Ridge Road, residence, remodel, $45,000. Durham Steel Buildings Inc., 300
NE 102, storage, erect, $40,500. Virginia Y. Hickman, 20701 SE 74, manufactured home, move-on, $40,000. Joyce Landwehr, 100 E Interstate 240 Service Road, retail sales, remodel, $40,000. Homayoon Ahmadirahdari, 5400 Pleasant Hill, residence, remodel, $37,500. Jack Williams, 3808 SW 23 Place, manufactured home, move-onmobile home park, $35,000. Ramon Blanco, 11801 SW 15 Terrace, manufactured home, moveon-mobile home park, $33,000. Callahan Steel Buildings (Curt), 11600 Pamplona Way, storage, erect, $30,000. Commercial Express Permits, 1617 S Agnew Ave., retail sales, remodel, $25,000. K.D. Sauer, 6701E Wilshire Blvd., storage, erect, $23,800. Callahan Steel Buildings (Curt), 13115 N Midwest Blvd., storage, erect, $23,000. Richard and Lana Church, 3004 Cashion Place, residence, fire restoration, $22,000. Allen Bumgardner, 14408 Piedmont Road, storage, erect, $12,000. Marshall Tyler, 14201 S Hiwassee Road, barn, erect, $10,000. SEE PERMITS, PAGE 11F
REAL ESTATE
THE OKLAHOMAN | NEWSOK.COM
SATURDAY, JUNE 19, 2010
11F
Pending home sales index rises ahead of subsidy’s end BY MCCLATCHY-TRIBUNE INFORMATION SERVICES
WASHINGTON — Buyers rushed to sign sales contracts on previously owned homes in April before a tax subsidy expired, according to a survey by an industry trade group. The pending home sales index rose 6 percent in April after an upwardly revised 7.1 percent increase in March, the National Association of Realtors reported. The benchmark covers signed contracts, not final sales, which
Permits FROM PAGE 10F
Real Property Construction, 7420 NE 119 Place, storage, erect, $10,000. Jess Brown, 9721 Kelly John Lane, accessory, erect, $10,000. Rice (Mike) Construction, 6433 N Olie Ave., office, remodel, $9,875. Daniel Escamilla, 705 SE 43, residence, remodel, $9,000. Tuff Shed, 621 Brookwood Drive, storage, erect, $8,722. David Ledbetter, 4104 N Portland Ave., restaurant, remodel, $8,500. Steve Garcia/Steve Associates, 2812 W Country Club Drive, business, remodel, $8,000. Christopher S. Bristol, 1312 SW 132, residence, remodel, $5,000. Lam Nguyen, 1317 SE 44, restau-
Condominiums, Townhouses For Sale 304
NW Gorgeous Recently Remodeled 2/2+, pool, $110,000, 843-6797
Farms, Ranches For Sale, Okla. 308
Acreage For Sale
302
ACREAGE HOME SITES AVAILABLE » The Ranches at Olde Tuscany 1+Ac Moore Schls » Olde Tuscany III 5-10 ac Moore Schools » The Timbers 5 ac Moore Schools » Montecito 1+ ac Norman Schools » Belleau Wood 1+ ac Edmond Schools » Stillbrook Glen 2.5-10 ac Bridgecreek Schools Call Mike 317.0582 landmarkfinehomes.com Visit one of our fully furnished model homes today! *We build on your lot or ours* Sheriff's Sale of Real Estate 20 acres, 4 mi. W. of Crescent, on S. side of Crescent Dover Rd in Logan County, at Kingfisher County line. To be sold at Logan County Courthouse in Guthrie, June 22 at 2pm. For further information, contact Frank W. Davis, Attorney, 405-282-1420
AUCTION
Tues. June 29 • 7 PM 152 Acres of Versatility! Offered in 3 Tracts 3 Miles W. of Weatherford, OK » Easy Access » » Great Homesites » UNITED COUNTRY ENTZ AUCTION 405-663-2200 www.entzauction.com PIEDMONT OPEN SAT 2-4 & SUN 2-5. Model home. New hms on K ac lots. Info also available for new hms in other additions. From NW Expwy & Sara Rd go 4.5 mi N Cleaton & Assoc 373-2494 TENKILLER LAKE 1N ac. Wooded lot, close to marina and floating restaurant. I will finance with small down and $144 per month. Owner 918-640-8556 1N to 10A, E. of OKC, pay out dn. before 1st pmt. starts, many are M/H ready over 400 choices, lg trees, some with ponds, TERMS Milburn o/a 275-1695 paulmilburnacreages.com BUILDING SITES PIEDMONT 3/4 and 1 Acre Lots. Close In-Good Streets. Leon 373-4820 Overland Ex Realty 1 AC LOT in Eastwind Estates, Piedmont $42,000 Builders welcome. Marian 850-7654 Cleaton & Assoc 373-2494 1-28 acres » All Areas Owner Financing Woodlake Properties 405-273-5777 www.property4sale.com Owner Finance, 2 acres, home, barn, detached garage, 12113 Edna. $175,000 808-3888 80 Acres, 3000 sf home, shop, corrals & pond, $600K, Mustang, Ken 620-1524 3804 W Indian Hills Road 2100 sf 3/2.5/2liv. 1 acre w/ wkshop, RV parking. $234,500. 573.3756 » 4bd home, large shop, 1N to 2K acre TERMS Milburn o/a 275-1695 Paulmilburnacreages.com 160 acres, 5000 sq ft home, irrigation system, 25 minutes to downtown OKC, 850-0532. Harrah 5 acres & MH Nice 3 BR 2 B MH, 5 Ac. 61,500 *405-413-2577 Guthrie, family compound, (2) 3 bed, 2 bath, 5 acres, 850-0532. 7K A. $14,950, $450 dwn $171Mo. Pavement. 55mi SW of OKC 405-745-5889 BANK OWNED 9.62 acres 3/2 manf 2052sf Blt 98, $44.9k Arlene 414-8753 3/2/2 on 2K ac, lg shop, 424 Sherwood Lane, Edmond, $170K, 436-3055. » For Sale By Owner » 320 acres, Lincoln County, OK. 405-258-3634
11260 acres of ranch West of Mangum, 7 acre Springfed Lake 1.5 mile live water. New cabin, excellent hunting and fishing, $1500 per acre, 405-207-8211 Cunning hamCountry.com 137 Ac. in OKC, bottom land, previous sod farm. Irrigation well with 1 mi. of pipe. 50% mineral rights. 3 bd house, all elec. Large barns, cattle corrals. ‘ $875,000 405-463-0127 167 acres, 30 minutes W. of OKC on I-40. excellent hunting, fishing and livestock facilities. 405-795-7537 House & 60 Acres, Crescent, 250K OBO. 160 Acres in Logan County. Hunting. $1350/AC. Rob OCHS R.E. 405-519-6982
RE for sale Blanchard
311.5
Wooded 1ac, 3 or 4 bd 2.5ba 2liv/din Blt '06 2783sf $249,9K Arlene 414-8753
Choctaw
312
Very nice acreage, 2.18 ac, 3 bed, 2K bath, 2 car + 2 carports, $138,700. Nossaman Rlty 410-9945
Del City
313
2 bed, 1 bath w/garage, Wholesale Bargain! $24,900 cash. GREAT Neighborhood 301-6495 3bed 1bath huge fenced backyard. $15,750 CASH 301-6495
Harrah
315
Lease/Purch, Nice 3/2/2 brick, ch&a, fenced, low dn, no credit chk 630-0649
MWC
317
3 bed, 1 bath, laundry room, storage shed, dining area, large living room, fenced yard, ch&a, $600 mo + dep, 4005 Parkwood Ln, 390-2970 Lease/Purch, Nice 3/1/1 low dn, no credit chk Carl Albert Schools, 630-0649
Moore
318
BANK OWNED 3/2/2, 2 liv Blt 94 1760sf $114,900 crn lot Arlene 414-8753
OKC Downtown 322.5
AUCTION
$5,000 Opening Bid Mon June 28th, 6:30 pm 2208 Glen Ellyn St, OKC Open Houses June 19th & 27th 2 bedroom, 1 bath East of Capital on NE 23rd St. to Glen Ellyn, & S to property www.20bid30.com 918/639-7653 Grand American Keller Williams Realty
OKC Northeast
323
Owner fin 2212 NE 26 2/1/1 Like new 417-2176 www.homesofokcinc.com
OKC Northwest
324
4336 NW 49th St 3 bed, 2 bath, sunroom, 1420 sf, large yard & workshop, PC Schools, Call for appt. 204-8478
usually lag by a month or two. “Tax incentives have made the housing market look better than it really is,” wrote Neil Dutta, an economist for Bank of America’s Merrill Lynch. The federal government has been subsidizing home sales with tax credits of up to $8,000 for qualified buyers who signed a sales contract by the end of April. Transactions must close by June 30 to qualify. The association warned that some buyers would not be able to close by June 30 because of
backlogs. The group has asked Congress for flexibility in meeting the deadline. The pending sales index is at the highest level since October, just before a previous tax credit expired. The index is up 22 percent compared with April 2009. The tax credit brought more than 1 million buyers into the market, said Lawrence Yun, chief economist for the National Association of Realtors. Other economists have said the tax credit likely accelerated purchases but probably didn’t
lure many additional buyers into the market. Economists for Barclays Capital agreed that underlying demand was strengthening. Demand is being boosted by low mortgage rates, more affordable prices and a general improvement in the economy. The sales rate for existing homes jumped 36 percent in the six months before the earlier tax credit expired at the end of November. Sales then plunged 23 percent over the next three months, even though the credit
was ultimately extended and expanded. “The housing market, despite the improvement, remains challenged by the usual host of macro factors” such as low job growth and tight credit, said Dan Greenhaus, chief economic strategist for Miller Tabak & Co. Dutta said, “Our forecast is that housing remains weak for an extended period of time, and a true recovery only comes as the foreclosure process nears an end. That suggests the real recovery in housing is at least a year away.”
rant, remodel, $5,000. Smartsafe Enterprises, 2809 SW 135, storm shelter, install-storm shelter, $4,695. James C. Tucker, 10701 Condor Terrace, storm shelter, installstorm shelter, $4,300. Brock Kaveny, 621 Moore Estates Drive, manufactured home, moveon-mobile park, $4,000. Ground Zero Shelters Inc., 4905 NW 18, storm shelter, install-storm shelter, $4,000. Joyce Urban, 11133 NW 150, storm shelter, install-storm shelter, $3,675. Sequoyah Engineering Inc., 7301 Crown Point Road, storm shelter, install-storm shelter, $3,200. Flat Safe Tornado Shelters, 528 SW 164 Terrace, storm shelter, install-storm shelter, $3,150. Marion David Murphy, 10833 NW 34, storm shelter, installstorm shelter, $3,150. Flat Safe Tornado Shelters, 2904 Fennel Road, storm shelter, install-
storm shelter, $3,000. Ground Zero Shelters Inc., 2700 SW 137, storm shelter, install-storm shelter, $3,000. Hausner, 2800 SW 91, storm shelter, install-storm shelter, $2,912. Ground Zero Shelters Inc., 13224 Moccasin Lane, storm shelter, install-storm shelter, $2,800. Ground Zero Storm Shelters, 11505 Copper Trails Lane, storm shelter, install-storm shelter, $2,800. Smartsafe Enterprises, 2906 NW 160, storm shelter, install-storm shelter, $2,800. Smartsafe Enterprises, 17824 S Midwest Blvd., storm shelter, install-storm shelter, $2,800. Smartsafe Enterprises, 17308 Toledo Drive, storm shelter, installstorm shelter, $2,800. Smartsafe Enterprises, 4100 NE 142 Court, storm shelter, installstorm shelter, $2,800. Smartsafe Enterprises, 1512 NW
126 Court, storm shelter, installstorm shelter, $2,800. Kimberly Brown, 2741 NW 110, storm shelter, install-storm shelter, $2,800. Dayna J. Reust, 8500 Crestline Drive, storm shelter, install-storm shelter, $2,800. Sam Smith, 1609 Edinburg Drive, storm shelter, install-storm shelter, $2,500. Jamie Crosby, 4600 S Triple X Road, storm shelter, install-storm shelter, $2,400. Ideal Homes of Norman LP, 18500 El Greco Drive, storm shelter, install-storm shelter, $2,100. Ideal Homes of Norman LP, 2636 NW 183, storm shelter, installstorm shelter, $2,100.
vacant. Pious Forshee, 408 N Lindsay Ave., residence. Duane Allen, 117 NW 24, vacant. Duane Allen, 125 SW 26, vacant. Ray’s Trucking, 2717 S Goff Ave., residence. Ray’s Trucking, 2132 NE 16 Terrace, residence . Mike Addington, 1433 NW 97, residence. Tuff Shed, 621 Brookwood Drive, residence. Brookside Excavation & Demolition, 7601 Valley Creek Drive, residence. L & S Demolition, 638 SE 21, residence. Marshall Tyler, 14201 S Hiwassee Road, barn. Midwest Wrecking, 6300 Bean Blossom Drive, residence. Washita Construction & Renovation, 9300 S Anderson Road, church.
OKC Northwest
Real Estate Wanted
OKC Northwest
324
Spacious 4bd home, ch/a, large fenced yard, great area, new carpet, fresh paint. Seller will pay all of buyer's closing & prepaids, $99,750. Fidelity RE 692-1661, 417-1963 Financing» Lease Purchase » Rent to Own 2, 3 & 4bd houses in all areas. buyahouseinoklahoma.com 562-0000 or 973-4322 3 Bed, study, 2 Bath, 1915 Sqft, Gramercy Park, Memorial & Rockwell. Open Sun. 2-5 PM. Agent 417-3583 Open Today 2-4. 3/2/2, 709 N. Markwell. 1850sf Must Sell $123,500, B& L Ent. 996-8987 The Vinyard Cottages, gated community, 2 bd, 2 ba, 2 car, excellent cond, $150,000 924-4266 S. QUAIL: 6100 SF, POOL 3 CAR GARAGE, 4 BED, 4 BATH 850-0532
OKC Southwest
326
Financing» Lease Purchase » Rent to Own 2, 3 & 4bd houses in all areas. buyahouseinoklahoma.com 562-0000 or 973-4322 OWNER FINANCING $2000 down No Credit Ck 2516 Murray 2/1 $49,000 1221 SE 23 4/2 $56,000 596-4599, 410-8840 HANDYMAN SPECIAL 820 SW 28th fixer upper $32K • Travis 408-5250 tpointon@cox.net Large 3 bed 1bath fenced yard 1500sf. $19,900 cash. 301-6495 Workshop 24x24 XL 3/1.5/1 w/updates near .25 acres $59.9K Arlene 414-8753 Owner fin 3600 SW 38 3/2 Big lot • 417-2176 www.homesofokcinc.com
Piedmont
327
OPEN SUNDAY 2-4 3771 Washington Ave E. 3 Bd, 3 Ba, 1 Liv, 2 Din Office $297.5K, 1/2 mi E of Sara Rd on Washington (164th). Leon 373-4820 Overland Exp Rlty 6708 Every Ave N.W. 5Ac, 4Bd, 2K Ba, 2 Liv, 1 Din, 4 Stall Barn + Storage Barn, $271.9K Leon 373-4820 Overland Express Realty, Inc
Spencer
328
3bd 2ba, 2.2 ac pre-reced info 24/7 1-800-2797027 ext 1001 ThisERA
Tuttle/ Newcastle
Open Houses 334.2 OPEN HOUSE, Sun. 2-4, 2333 SW 135th, 3 bed, 2 ba, 2 car gar, 863-1376
Lots For Sale 337 1-2K acre lots, $10,000+ SE of Tuttle, Tuttle Schools, 405-381-2617
Mobile Homes, Manufactured Houses 339 New 3bd/2ba Mobile Homes already on land located in Shawnee, Prague, Cromwell & Harrah (price reduced) Owner Financing Woodlake Properties 405-273-5777 www.property4sale.com ATTN LANDOWNERS!! Own land or have family land, a deed is all you need for new home! Turn key program, We do all improvements. 1000 furniture package w/purchase 888-878-2971 405-204-4163 For Sale or Rent '02 Dbl Wide 28x48, in park. 1109 Apricot Ct, 3bd, 2ba, kitc. island, ch&a, fncd bkyard, FP, Yukon Schls. $46,000 OBO (405) 227-1375 Home buyers purchase hotline! 4/2 bath move to your land or ours!! Turn key package! We do it all. 888-878-2971 405-635-4338 Huge Sale/Save $1000’s All display home must go! FREE delivery & set in OK. Some w/FREE furniture FREE 10% rebate 787-5004 Land/Home Repo SAVE $$$$! Many locations around OK. Easy financing w/ dn payment 470-1330 DBL Wide Dealer Repo!! 3bd & 2ba $488mo w/ lot Ready to live in 405-787-5004 wac. 4 Bed/2 Bath Move in ready. Owner may carry. 405-631-3200 3.5A 4/3/2 Like new Wash sch • 417-2176 www.homesofokcinc.com Move Incentive of $2500 Oak Ridge Estates Edmond 3 4 1 - 9 2 0 9 3/2 bath set up in quiet park. Ready to move 888-878-2971 405-602-4526 FOR SALE: 3 bd 2 ba Dbl Wide on acreage, Harrah Schools 405-412-6236 Doublewide on acreage w/ pond. Possibly owner carry w/$20k down 405-631-3600
329
Repo 16x80 3x2, new paint $21,900 301-2454/517-5000
OPEN HOUSE Sunday 2-4pm. 608 NW 34th, in Newcastle. New 2416 Sq Ft, 4 bed, shop on 1 Acre, 405-306-5137
Repo triplewide $45,900 301-2454/517-5000
NEW COUNTRY HOMES 3/4-1.5 acres. Tuttle/ NewCastle/Blanchard. $132K-$169K. Judy Ronck Realty 820-5839 3 bd, 2 ba, 1890 sf, oak wood thru-out house, in Tuttle area. 2.1ac $189,500 405-381-5123
Yukon
330
MUSTANG SCHLS 208 Woodgate Dr remodeled w/huge whirlpool open liv, din & kit, tile & laminate flrs 3 bd 2 ba approx 1269' $120,000. Marian 850-7654 Cleaton & Assoc 373-2494 5 ACRES 13001 Savage/ Cemetery Rd 3 huge bd, 2ba many blt ins, 2009 roof, approx 1900' $190,000 Marian 850-7654 Cleaton & Assoc 373-2494
Suburban, SE
(Tecumseh, Shawnee, Noble, Purcell, Etc.) 333 Homes in need of an "Extreme Makeover" located in Shawnee, Luther & Paden Cash Purchase Only call for more information Woodlake Properties 405-273-5777 www.property4sale.com
Oklahoma Property For Sale 340 8 LAKE FRONT CABINS / #9 LANDING AREA LAKE EUFAULA, OK Investment opportunity w/ income. 8 lake front fully furnished cabins. 3 docks. PACKAGE DEAL. $875,000 Karen @ ERA Real Estate 918-6173901 or 918-452-3900 Owner/Assoc.
Real Estate Auctions
346
Heard of a SHORT SALE? SELL YOUR HOUSE TODAY! Foreclosure/behind Pymts 340-9879/HouseKings.com I BUY & SELL HOUSES 27 YRS EXP 650-7667 HOMESOFOKCINC.COM Need lot to build my home on, prefer NW OKC, 405-607-2232.
Vacation Property For Sale 347 TENKILLER lake lots for sale. Call 918-640-8556 or see our web site: pinecreekestates.net
Commercial RE
I BUY HOUSES Any condition. No cost to U 495-5100
MWC
424
ALL UTILITIES PAID ! ONE LOW MONTHLY PAYMENT! ONE BEDROOMS FOR $530 A MONTH! 732-6668 MIDWEST MANOR 1 & 2 BEDROOMS, QUIET! Covered Parking Great Schools! 732-1122
Moore
425
112K SE 1st. Spacious 1bd garage apt, excellent cond, clean $375. No pets Fidelity RE 692-1661
OWNER RETIRING Est. 2500sf Restaurant + 5bd/3ba dbl wide on 4 ac. in rural Cleveland Co. 360-6586, 226-2015 co.
353
Walford Apts 518 NW 12 MIDTOWN District Amazing! All electric, wood floors, giant 1bd 1ba, cha, dishwasher, washer/dryer conn 1200sf $750mo $650dp Studio $550mo $450dp Efficiency $425mo $325dp 409-7989 no sec 8
Franchisegrowth.com Master & Single units available 405-887-5222
SUMMER SPECIAL $149 1st mo. 525-1177 Near OU Med Center MOMENTUM PROP MGMT
Industrial Property For Sale 354
Clean, ch&a, w/w carpet, tub/shower combo, fully furnished, 232-9437
Franchise Opportunity
$39K/YR INCOME ON 6 Houses in Shawnee. See info: www.fsbo.vox.com
Investment Property For Sale 355 REDUCED TO SELL! Cash Flow Rental Prop. Handyman Special. Owner financing avail. 1224 NE 19th $28,000 107 SE 41st $40,000 2118 N Prospect $25,000 740 NE 36th $28,500 Price Negotiable Kruger Inv. Call Jim 235-9332/812-1657 Wholesale Property 104 Units $995K » 20 Units $499K » 16 Units $400K » Development Projects 10%-15% R.O.I. from $100K Seabrooke Realty 405-409-7779 FSBO, 1531 SW 52, OKC Brick, 2-1-1. ch&a, move in ready. 405-826-7156
Office Space For Rent
363
GREAT Space OFFICE Convenient NW Locations: I-40 & Meridian NW Expressway & May Britton/Lake Hefner Parkway 200-6000sf 946-2516
The Merryfield Center in Mustang has office/warehouse space, $675 month. Executive office space for lease, $800 mo. Another small office for $350 mo. (405)-376-4238
OKC Northwest
431
MOVE IN SPECIAL!!!
$250 Gift Card
1 Month Free Rent! LARGE 1, 2, 3 Beds w/ 2 Bath. From $375 a month. Courtesy Patrol, Pool, Childrens Playground. Limited Number Of Units Available. HURRY!!! MacArthur Apartments 5001 NW 10th St.
405-942-5500
Spring Special
LARGE TOWNHOMES & APARTMENTS • Washer, Dryers, pools • PC Schools, fireplaces
» MOVE IN SPECIAL » LARGE 1, 2 & 3 BEDS Rockwell Arms, 787-1423 MAYFAIR GARDENS Historic Area! Secure, wash /dry hardwd flrs 947-5665 3400 N Robinson 700sf 1bd 1ba $400 mo, $300 dep 409-7989 no sec 8 $199 MOVE IN SPECIAL 2BED Townhomes $599 Windsor Village 943-9665 Bills pd clean quiet furn eff/1bd $100/wk&up 10& Penn 751-7238/640-9413 800 N. Meridian: 1bd, all bills paid & weekly rates available. 946-9506 Putnam Heights Plaza 1 & 2bd, ch/a, Dishwasher 1830 NW 39th 524-5907 ¡Quiet Casady¡ Low rents $440 751-8088 1 & 2 beds 946-0830 arborglenapts.com •ABC• Affordable, Bug free, Clean » 787-7212»
OKC Southeast
432
343 SE 44th, 1 bed furn quiet, $325/150 dep +elec. Refs req 321-4773
OKC Southwest
433
$201 Total Move-In Cost Energy Efficient $1 First Week Rent Weekly Avail: Effic $115 1bd $125, 2bd $165 Disability & Social Security recipients welcome 616 SW 59th, between Western&Walker634-4798 Drug free environment Not all bills paid $99 SPECIAL Lg 1bdr, stove, refrig., clean, walk to shops. $325 mo. 632-9849 Furnished/Unfurnished Bills Paid » Wkly/Monthly Wes Chase Apts, Elk Horn Apts, Hillcrest 943-1818 $300-345/month Furnished 1bd & Efficiency 2820 S Robinson 232-1549
$99 Move In Special!!! Lg 1 and 2 Bdr, $325 to $395 mo. 632-9849
7301 NW 23rd
$99 Special
1 & 2 BD & Townhouses •City bus route/Shopping •Washer/Dryer hookups
Valencia Apts 2221 N. Meridian
946-6548
No credit check! Foxcroft Apartments »»» 787-6655 »»» Briargate 1718 N Indiana 800sf 1bd 1ba, cha, all elec, wood floor, $475mo, $200 dep. No sec 8 409-7989 The Plaza 1740 NW 17th 1bd, 1ba 750sf, wood floors, all elec, $450 mo, $200dp. No sec8 409-7989
1507 NW 17th 1bd 1ba, 1200sf $575mo $300dep. Free laundry 409-7989 no sec 8 IT'S SUMMER VACATION At Drexel on The Park-$139 1ST MO- 1BED 946-0588 »» ALL BILLS PAID »»
South Oklahoma City Brand New Premium Home in gated community 5bed, 3ba, 4 Car 3070 sq.ft. $2595. 405-203-0405
1bd 1ba apt $340/mo stove, fridge, clean, quiet 1441 NW 92nd 227-8202
787-1620
Nice 1 bed downstairs, ch&a, NW 23rd & MacArthur, $475/$200 deposit, 370-0278
400.5
431
Williamsburg
FREE RENT Gated, 1bed, all new appliances & tile. 525-1177 MOMENTUM PROP MGMT
Acreage For Rent
Midwest Wrecking, 15425 SE 71, house. Midwest Wrecking, 15401 SE 71, house. Duane Allen, 1619 S Central Ave.,
$305-345/month Furnished 1bd & Efficiency 2820 S Robinson 232-1549
$99 FIRST MONTH near St. Anthony’s. 1bd, upscale, gated 525-1177 MOMENTUM PROP MGMT
Tues. June 29 • 7 PM 152 Acres of Versatility! Offered in 3 Tracts 3 Miles W. of Weatherford, OK » Easy Access » » Great Homesites » UNITED COUNTRY ENTZ AUCTION 405-663-2200 www.entzauction.com
DO NOT Call Unless… Foreclosure/Behind Paymt Overleveraged/Repairs Call/Web 800-Sell-Now.com
422
MOVE IN NOW! Pd. water/garbage Quiet. Try Plaza East•341-4813
Established Business For Sale
342
345
Edmond
OKC Downtown 429.5
AUCTION
Real Estate Notices
Apartments
Demolitions
Furnished/Unfurnished Bills Paid » Wkly/Monthly Wes Chase Apts, Elk Horn Apts, Hillcrest 943-1818 $99 Move-In Special 1bd 1ba $295-350, stove, fridge, very clean 625-5200 Oxford Park Apts Nice Remod 1 BD $375 1701 NW 29th 202-8142
OKC Northwest
453
3615 NW 51st St 1300sf 2bd 2ba 2 car. Near Baptist/ Deaconess $900 mo, $900 dep 409-7989 no sec 8 1 bed, 750 sq ft, ch&a, fp, appl's, new remod, non-smoke, 3 year lease, $450 + dep, 250-2770. HEFNER ROAD & MAY 2/2/2, 2531 W Hefner Rd appt only $850¡843-5853 11705 N. Francis 2/1.5/2. No pets $625 TMS Prop 348-0720 1 bd, water & gas paid, 1819 B NW 38, $475mo + dep, 943-8999, 620-1496
OKC Southwest
455
1 bed duplex, water paid, $350 month, $200 deposit, 1327 SW 26th, call Vickie at 615-4526.
Village/ Nichols Hills 459.5 6523K Avondale 1350sf 3bd 1.5ba 1car + carport $950 mo $900 deposit 409-7989 no sec 8
Yukon
460
Large 2-3 bed, 2 bath, 2 car garage, TH, all appls, gated, pool. Yukon Schools from $800/mo. 789-3705 Brand new duplexes, 3 bd 2 ba, 2 car, gated comm, call Rick, 405-830-3789.
Hotels/Motels 462 Furnished/Unfurnished Bills Paid » Wkly/Monthly Wes Chase Apts, Elk Horn Apts, Hillcrest 943-1818
RE for rent Edmond
466
Contemp 1 story, 4 bd, 2 ba, 3 car gar, frml din, FP, close to community playgrounds, shops & schls $1600 mo + dep, by appt only, 405-478-2264. HOMES FOR LEASE www.executivehome rentalsokc.com 3-4BRs $1000-$3000 Welcome Home 877-884-7434
Furn 1BD most bills Paid + EMSA, no sec 8 and no pets, 524-2730
516 Mary Lee Ln 2/2/2 $825 341 Abilene 2/2/2 $825 1905 NW 172 3/2/2 $1095 Express Realty 844-6101 www.expressrealtyok.com
Condominiums, Townhouses For Rent 441
900 N. Fretz #84, 3bd 1K ba mobile home $475 681-7272
$650 2 Bed / 2 Bath Nantucket Condo's Updated 2/2 upstairs unit. $600 deposit 1 yr lease required. Prefer no pets ph-405 752 1986/ seanking3@yahoo.com 1FP, community pool, WATERFORD 2 bd (up), 2K ba, 2 car, bar, w/d, frig, fp, pools, gated, sec. $1400 avail 7/1 842-9699 2620 N Ann Arbor 3/2 sec 8 ok $725mo 748-8520 www.redbudrealestate.com NW OKC, Quiet 2bd, 2.5 ba, all appls, most bills pd, fp, PC Schls 720-1419
Duplexes Bethany/ Warr Acres 442.5 6421 NW 63rd 2bd 2ba, 1100 sf, $800 mo, $800 dep 200-1786
OKC Northeast
452
432 NE 115th 2bd 1ba 2 car no pets $525 TMS Prop 348-0720
OKC Northwest
453
» Nice large 1 bed, 2 din, 2729 NW 19, $415. » Great deal 2bed, 2343 NW 15, $450. 557-1288 Both w/appls, w/d hk-up ch&a. No sec 8, no pets
MWC
468
809 Lotus Ave. 3 bed, 1 bath, 1 car, ch&a, stove, refridge, w/d hookup. $625 , 378-3693 Tinker/Carl Albert 3/1/1 good credit only $650. 405-474-7594 1301 Parkwoods Ter, 3bd 1ba 1-car, ch/a $625 681-7272 3 bed, 1 bath, 1 car, fenced, OKC schools, $450+$250 dep. 733-8973 V-Nice, 1 mi E of Tinker, 3/1/2 ch&a, util rm, $575 +$300, no pets, 732-4351 9304 NE 14, Nice 3/1.5 1 car $550 • 732-3411 2319 NW 10 2/1 $475 Nice home • 732-3411
Moore
469
2bd 2ba duplex $650 3bd 2ba 2-car 1500sf, fireplace $950 Executive 3/2K /2 2100sf fireplace, pool $1200 Home&RanchRlty 794-7777 Rent Specials 605-5477 2, 3 & 4bd Houses All Areas $395-1295 buyahouseinoklahoma.com 101 NE 8th, spacious 3bd home, 2 living areas, ch/a, corner lot $800 mo Fidelity RE 692-1661 2408 W. Park Pl, 3/2/2, fenced, $915/mo+dep, 285-0305 or 823-6550
Mustang
470
HOMES FOR LEASE www.executivehome rentalsokc.com 3-4BRs $1000-$3000 Welcome Home 877-884-7434 616 E Hillcrest 1800sf 4bd 2ba 2car $1300mo $1200 dep 409-7989 no sec 8 4 bd, 1.5 ba, 1 car gar, 1200sf 608 W Carson $695 + $600dep 376-5680 For lease/for sale, 4 BR, 2200sf, Mustang Schls, $1700 mo, 405-820-6607.
OKC Northeast
474
1120 NE 19th, 3bd 2ba, detached gar. Sec 8 ok $650 2300 N. Prospect large 2bd 1ba $395 681-7272
OKC Northwest
475
6612 Laurel Rd 3bd 2ba 2car, ch/a $850 429 NW 88 3/1.5/1 $695 1701 NW 34th 3/1 $525 681-7272 Spotless 3021 N Utah, 3 bed, 1K bath, large backyard, near schools, shops & highway, $750 mo + $500 dep, 751-2859 Large 1570 sf, 3 bd/ 2K ba, 2 car garage, 10022 Hefner Village Terrace, $950 month. Call Abraham 677-3535 Rent Specials 605-5477 2, 3 & 4bd Houses All Areas $395-1295 buyahouseinoklahoma.com 8300 NW 75th, 3/2/2, 2 living, sunroom, close to hwy, 1st time for lease, $1575, 590-8177. Executive Quail Creek, 4 bed, 3 bath, 2 car, lg yd 3200sf, very nice! Avail Now $1750mo 301-2031 2064 NW 48th 2/2 $2100 10604 Sunrise 3/2/2 $1195 Express Realty 844-6101 www.expressrealtyok.com 7405 Kings Manor Ct 2bd/2bth, 2car, CH/A, FP, No Pets, no smoking $750+dep. Call 568-9112 2535 W. Hefner 2/2/2 Fenced $795 TMS Prop 348-0720 Section 8 OK 3 bed 336 NW 85th 942-3552 2bd 1ba 3012 W Hill, also Mobile homes in SE& NE 733-8688 $100 MOVE IN SPECIAL! plus $500 dep. 1161 NW 81st 3bd $675 229-7437 3817 NW 52nd, 3 bd, 1ba 1 car, newly remodeled $750, dep $400, 831-8577 3120 Park Pl., 3 bed 1 ba, 2 liv. areas, $800 mo $600 dep. 405-922-9782 LEASE PURCHASE Totally redone, 4bd/2 ba 2car $1150mo 308-9291 3928 NW 25th St. 2 bed, 1 bath, 1 car, CH&A, $550 month 755-1316 640 NW 109th, 3bd 2ba 2car 1300sf $875mo $800dp 409-7989 no sec8 737 NW 111th St. 2bd, 2ba, 2car, $650+ $500dep Sec 8 OK 936-9058 Exec 5/3/2 lease/lease purch PC schl $1500+dep 7637 NW 102 209-6906 Quiet 3/2/2 brick home, $895 huge yard 255-4300
OKC Southeast
476
HOMES FOR LEASE www.executivehome rentalsokc.com 3-4BRs $1000-$3000 Welcome Home 877-884-7434 5312 Bodine, 3/1/2, newly redone, Sec 8 ok $725 2605 SE 50th 3bd 1.5ba 2car, 2 living $675 681-7272 Rent Specials 605-5477 2, 3 & 4bd Houses All Areas $395-1295 buyahouseinoklahoma.com 5216 Briarwood, nice 2bd brick home, 1-car garage ch/a clean nice area $595 Fidelity RE 692-1661 3324 SE 57, 4bd, 2ba lg & nice $650 732-3411
OKC Southwest
477
2100 SW 78 3/1.5/2 $825 629 SW 49th 2 or 3bd (gar. converted) 1ba$550 633 SW 33rd 2/1 $350 2401 SW 43rd #7 1bd apt, total elect, water paid $325 681-7272 HOMES FOR LEASE www.executivehome rentalsokc.com 3-4BRs $1000-$3000 Welcome Home 877-884-7434 New Rivendell Exec Home 408-4168 Luxury indoor pool & spa Fully equip'd media & wrkout rooms $5500/mo Openhouseok.com 3513 SW 36th, 3 bed, 2 bath, washer/dryer hk-up, 1 car garage, w/ appliances 405-570-5865 Rent Specials 605-5477 2, 3 & 4bd Houses All Areas $395-1295 buyahouseinoklahoma.com 2332 SW 49th spacious 4bd, 2 living areas, ch/a, storm shelter, no garage, $650 Fidelity RE 692-1661 1500 SW 81st 3bd, 2c, CH&A, no sec. 8, $850/ mo; $600 dep. 631-5695 3261 SW 47th nice clean 3bd, fenced yard, $475 Fidelity RE 692-1661 Open Sun 2P-3P, 3 bd, 1 ba, 1 car, $750 mo, 1049 SW 103rd Terr, 641-7196 2324 SW 48 Redecorated Effic./house stv/frig sec 8 ok, $300mo 650-0963 2 BED 1BATH, TOTAL ELEC. CH&A $575 SEC 8 OK »» 370-1060 »» 2737 SW 60th, 3/1/1, $650/$500. OKC Homes 4 Lease. 996-8987 2 bed washer dryer hkup, $475mo, $250 deposit 631-8039
Village/ Nichols Hills 481.5 Nichols Hills: 2 bed, 2 bath, 2 living, 2c gar, fncd, fp, $1200. 751-2058
Yukon
482
738 Willow Run. 3 bd, 2 ba, 2 car garage, $800mo, $800 dep. 474-6503
Mobile Home Rentals 483 WHY RENT WHEN YOU CAN OWN? Easy financing with no credit needed. Yukon schls Diane 789-4499/388-3491 WHY RENT WHEN YOU CAN OWN? Easy financing with no credit needed. Yukon schls Diane 789-4499/388-3491 $ FREE RENT 1ST MO $ 2BR $350+, 3BR $495+, MWC NO PETS 427-0627
Rental Services
487
Rental Helper
Current Home Rental Listings •Only $39 •Homes and Duplexes •Rent starting at $149 •1,2 and 3 bedrooms Mon.-Sat. 10am to 5pm 1112 NW 23rd, Suite 111B in the Gold Dome(23rd and Classen) PROFESSIONAL PROPERTY MANAGEMENT SINCE 1982 Spectrum Management 848-9400 usespectrum.com
12F
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THE OKLAHOMAN
NEWSOK.COM