News Press Stillwater
REALESTATE W e e k ly
August 18, 2017
64
The percentage of REALTORS® recently surveyed who say they plan to commit more time to social media.
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Real Estate Professionals www.stw-realestatepros.com 405-372-5151
$595,000
2113 Oak Trail Dr.
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$475,000
2123 Oak Trail Dr.
Stillwater NewsPress • Friday, August 18, 2017
Unusual weather: Expect the unexpected Very few things about Oklahoma weather are consistent, but a hot dry August is usually one of those things we can count on. That has certainly not been the case this year. While the cool, wet month has been a refreshing surprise, there is one down side to this weather; look for an increasing probability for fungal diseases to crop up and attack our favorite plants. When we are talking about garden and landscape plantings, the term fungal diseases and organisms is a general term that can help explain a variety of maladies, some of which are serious plant pest and some are no more than an interesting novelty. Examples include some of the common spring problems we normally see such as powdery mildew, leaf spots, wilts and rusts. All these organisms thrive on excess water and humid conditions
KEITH REED which allow them to reproduce freely. Just because a plant has a fungal disease present does not necessarily mean you need to treat for it. However, in some cases you many want or need to. Look for all-purpose fungicides. These can be sulfur or copper based as well as synthetic. While we always caution you to read the label before applying any pesticide, this is especially true if the target plant is a food crop. Many fungicides ARE NOT labeled for human consumption. While they may not seem to have
anything in common with this group of diseases, mushrooms fall into the same broad category. Don’t be surprised to see mushrooms or other fungal growths popping up in all parts of your landscape. The easiest way to eliminate unwanted mushrooms is to just rake or otherwise disrupt the soil surface. Turfgrass is an area where these diseases can be especially noticeable, thanks to the heavy morning dew. While diseases attacking bermudagrass are not anything to be concerned about, tall fescue or other cool season lawns
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reached via email 405-747-8320, or in office, located at can suffer large person at the Payne 315 W. 6th in Stillamounts of damage. at keith.reed@okstate.edu, phone at County Extension water. Take extra care through this period to mow only when the turfgrass is dry to the touch as this will help limit disease spread. 2929 S PERKINS RD., 5704 S PERKINS RD., A final note about STILLWATER STILLWATER turfgrass. If you NEW PRICE happen to be a Two building on 4.17 acres with 460’ frontage on 10.46 ACRES M/L golfer, you should Prime commercial location on the NE corner of 32nd and Hwy 177. Entire property fenced with 3 gates. Bldg Perkins Rd. Property consists of 34 full hook-up RV spots. know this is a very 1 has 3 offices, storage room, office in shop, 1 overA 50’ x 100’ (m/l) metal shop building, and a 1515 sq ft difficult weather head door, newer heat, 2 bathroom. Bldg 2 built in (m/l) 3 bdrm, full basement. Billboard sign on property 2008 with 2 overhead doors. pattern in which provide income as well. to keep bent grass 1020 S Rose Rd (reduced) $125,000 FOR SALE Linda putting greens alive and healthy. Be 2319 S Silverdale (reduced) $310,000 FOR SALE Linda very patient as your th $100,000 FOR SALE Freeman 1003 E 80 (10 acres) favorite golf course works very hard to 2929 S Perkins Rd New Price FOR SALE Freeman keep their greens 5704 S Perkins Rd $499,900 FOR SALE Freeman looking good over the next few weeks. Freeman Dilbeck Trent Hawkins Linda Klinger, GRI For more inforBROKER/Owner Sales Associate Sales Associate mation on this or 405-612-4429 405-332-6911 405-612-0454 any other horticultural topic, you THE DILBECK AGENCY can contact Keith 104 E McELROY Reed, the Horticul405-372-2792 turist in the Payne DilbeckAgency.com County Extension office. Keith can be
Stillwater
3701 WEST FOREST TRAIL CT. 4 Bed / 3 Bathroom Woodland Trails Subdivision $252,500 Call 405-762-6160 for a showing
Beverly Carter Beverly Carter 405.743.9618 405.743.9618
Sandy Blankinship Sandy Blankinship 405.269.9523 405.269.9523
Mike Branson Mike Branson 405.612.5347 405.612.5347
Tana Rutan Tana Rutan 405.612.1496 405.612.1496
Alane LeGrand Alane LeGrand 405.747.6950 405.747.6950
Judy Kasso Judy Kasso 801.824.8166 801.824.8166
Virginia Cussner Virginia Cussner 405.747.7601 405.747.7601
Diana Field Diana Field 405.747.4684 405.747.4684
Oscar Fortune Oscar Fortune 405.747.6042 405.747.6042
Jeff Grizzle Jeff Grizzle 405.714.4037 405.714.4037
David Heppel David Heppel 405.269.6907 405.269.6907
Rosetta Heppel Rosetta Heppel 405.880.0869 405.880.0869
Real Estate
405-334-5737
514 E. Greenbriar Circle Stillwater, OK 74075-1634
Frank Lewis 405-762-6160 Pinnacle Sales Award Winner
Turn bad financial news into a blessing! Dear Dave, We’re following your plan, and we’re in the middle of paying off all our debts except for the house. My wife just learned she’ll be losing her job at the end of the year. She’s a project manager for a software company in Seattle, and she will be receiving a severance package if she works until
Dave Says DAVE RAMSEY year’s end. We were curious as to how you think we should handle the next few months. – Kevin Dear Kevin, I know you guys are scared right
OPEN HOUSE
now, but from what you’ve told me this
Beth Wooldridge, Agent
always question marks and uncertainties when you’re job hunting, but this lady is a software project manager in Seattle, Washington. You’re not in the middle of a cornfield, dude. If she can’t find something in the next four-to-five months,
there’s some other issue you’re not telling me about. Now, in the very unlikely event she doesn’t land another gig, you guys are going to have to put Baby Step 2 on hold for a while, and cut your spending down to the bare necessities
until something does come along. But your lady has a super-employable skill set. If she gets out there and really busts it looking for another job, I think you two are going to land on your feet and in even better shape than before! —Dave
Dolores Lemon CRS, CRB, GRI Broker/Owner 405-747-7822
August 20 ~ 2-4 pm
5716 West 9th Court
could be the kind of thing that turns into a blessing. First, she should already be looking for another job to start right after her current employment ends. That way, any severance pay will turn into a signing bonus of sorts. I know there are
Donna Rhinehart GRI, CRS Realtor Associate 405-612-0509
Tiffany Aranda GRI, CRS Realtor Associate 405-714-1214
www.stw-realestatepros.com
405-372-5151 Downtown Office - 723 S. Main Street
downtownstw.com
Kyle Bottger Realtor Associate 405-612-6724
Bringing Buyers & Sellers Together .... Professionally. 911 S Main • 405-332-5553
Jennifer Oliver GRI Realtor Associate 405-612-4984
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Lori Kastl CRS Realtor Associate 405-880-2844
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224 S Abbey Ln-Cute Clean & Affordable 3 bed 2 bath-$155,000-Donna 814 S Oakridge Dr- OPEN HOUSE SATURDAY 2-4 PM-$449,000-Dolores 1802 Fiddlers Hill-New Construction Buy now make your choices-$364,800-Tiffany 00 S Fairgrounds Rd- 40 acres in Perkins School Dist -$240,000-Tiffany 6409 S Prairie Rd-60 acres/2 barns/home/ponds-$499,900-Lori 1115 S Fern- 600 sq ft Insulated Metal Building-$200,000-Lori 7828 Pickles Gap- Nice Lot in lost Creek Meadows-$28,000-Lori 1807 S. Ashton- NEW CONSTRUCTION BERRY CREEK - $387,700 - Donna 4711 Deerfield Dr- One of a Kind 63 acre Estate-$4,583,000 - Dolores 205 SW 2nd, Perkins- 2 bed 1 bath Update & Move in Ready-$75,000 - Lori 11422 Derby Ct- This can be a Quick Close 3 bed 2 bath-$249,900 - Lori
PRICE CHANGES
1120 E Pecan, Cushing- Priced to Sell-$70,000-Kyle 2302 S Silverdale - Home with pool Priced to sell- $336,900- Donna
Melissa Woods GRI Realtor Associate 405-385-2035
Amy Parsons Realtor Associate 405-714-0882
Jan Lehenbauer GRI Realtor Associate 405-334-6988
OPEN HOUSE SATURDAY AUGUST 19TH 814 S Oakridge-$449,000-Tiffany 2-4 pm
Cheryl Moody Closing Coordinator 405-372-5151
OPEN HOUSE SUNDAY AUGUST 20TH 2302 S Silverdale Dr - $336,900 - Donna 1-3 pm
Ann Morgan Realtor Associate 405-614-9600
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Jack Allred Broker Associate 405-747-8647
NEW LISTINGS
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Stillwater NewsPress • Friday, August 18, 2017
How proceeds from a tax-deed sale are divided The local government always gets paid first when a home is sold because the owners didn’t pay their property taxes. DEAR MR. MYERS: When a home is sold at a tax-deed sale, how are the sale proceeds divided? ANSWER: Taxdeed sales occur when a property owner fails to pay his or her annual property taxes or special assessments. In most areas, the home is sold at a public auction that’s coordinated by the county’s tax collector or assessor. Bidding typically starts for the exact amount of the back taxes that are owed. But the bids can quickly escalate, especially if the property is in an area where home prices have steadily climbed. Sale proceeds are used to reimburse the county for the unpaid taxes first, which includes any penalties or related fees. The remainder is then used to repay the mortgage lender for any of the property owner’s outstanding loan balances and legal expenses. If there’s any money left after that from the sale proceeds, the cash is forwarded to the owner who lost the house at the auction. Some tax-deed sales are stranger than others. A young couple in Northern
About Real Estate DAVID MYERS California quietly bought a privately owned street and its adjacent sidewalks in San Francisco’s exclusive community of Presidio Terrace at a tax auction about two years ago for just $90,100, after local officials put it up for auction because the local homeowners association hadn’t paid its $14-a-year tax bill - yes, just $14 - for about three decades. The block-long street is lined by 35 megamillion-dollar mansions. Past residents include U.S. Sen. Dianne Feinstein and her billionaire husband, as well as Rep. Nancy Pelosi. The couple who purchased the private street have suggested that they could now start charging rent for the parking spaces in front of each owner’s mansion - after all, the entire street is now their property. And if the mansion owners don’t want to pay, there’d likely be lots of folks in nearby communities who would happy to rent the spaces, because parking spots in San Francisco are both scarce and extremely expensive.
The millionaire homeowners in Presidio Terrace, who claim that they only found out about the two-year-old tax sale this spring, have asked the county’s Board of Supervisors to negate the sale. A hearing has been scheduled for October. *** REAL ESTATE TRIVIA: A growing number of developers in cramped cities, such as San Francisco and New York, are now building parking structures for the permanent use of drivers. A single spot easily can cost more than $400,000, according to rate-tracking Colliers International, and other reports say that some are being resold for nearly $1 million. *** DEAR MR. MYERS: A for-sale ad that we saw states that the home has a new “garburator,” but the term isn’t in our dictionary. What is it? ANSWER: My guess is that either the seller or the agent who placed
the advertisement is from Canada. A “garburator” is the term that Canadians use to describe what we Americans call a garbage disposal. *** DEAR MR. MYERS: Home prices and sales have been going up for a long time in our neighborhood, but they’re starting to slow down. We put our home on the market for $232,995 in July and got an offer for $225,000, but we had our sales agent make a written counteroffer for $228,000. The buyers didn’t respond for 15 days, and now we have an offer from a new buyer for the full $232,995 that we wanted. The first buyers now say they will accept our previous counteroffer for $228,000, about $5,000 less than the deal we accepted from the new buyers. Can
the first buyers sue us if we don’t sell the house to them for the lower price? ANSWER: They could sue, but it’s doubtful that they would win. Assuming that the counteroffer your agent made to the first would-be buyers was on a standard realty form, it included a boilerplate “time is of the essence” clause that required them to either accept or reject your counteroffer within a specified period of time. The typical clause requires the buyer’s response to come within 48 or 72 hours. If the buyer doesn’t make a written decision to accept or reject the counteroffer within the allotted time, the counter is automatically voided and the seller is free to accept any offer from a different buyer. Review the written counteroffer that your agent made. If
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it includes a clause that requires the first buyers to respond within two or three days, they have no legitimate grounds to sue because their deadline has passed. But even if it doesn’t and the first buyers sue, it’s doubtful that a judge would rule in their favor because it would cause undue hardship on you and the new buyers
alike. Your letter, though, serves as a reminder that both buyers and sellers always should put a reasonable time limit on an offer or counteroffer. It will prompt each party to make a decision quickly, reducing the chance that a lawsuit or other problems will occur weeks or months later.
623 W. 6th Ave., Stillwater, OK • 377-1213
OPEN SUNDAY 2-4 PM
49450 S. 35000 Rd, Pawnee
NEW LISTING - Horse lovers dream place! Three beds, two baths, two-car garage home on ten acres with barn and tack room. Two animal sheds, storage shed, storm cellar. Kitchen has beautiful cabinets with pantry. Master bedroom has bath and great closet space. Home is at end of the road as the section line is closed. Located three miles from Pawnee. Property has mobile home site with water, sewer and electric hook ups. This is the home for raising a family entertaining guest and making space for horse enjoyment. $275,000
NEW LISTING
We need more listing have buyer
Located in the attractive Wedgewood Subdivision
N. CRESCENT 1805 1805 N. Crescent • $189,500 3 Bedroom 2.5 Bathrooms Bathrooms • 3 Bedroom • /2.5
314 WEDGEWOOD DR 4 bed, 3 bath, 2 car garage 2,237 sq ft $239,900
918-527-0984
$189,500 Call 405-762-6160 a showing 611 W. Yost Rd. 4 Bed/3.5for Bath Home
SOLD
4122 E. Burris Rd. 4 Bed/3 Bath Home on 2.03 Ac. M/L UNDER 824 W. Airport Rd. 4 Bed/2 Bath 2445 sq. ft.
Real Estate
CONTRACT
$349 $153 $169
405-334-5737
514 E. Greenbriar Circle Stillwater, OK 74075-1634
120 N. Perkins Rd Ste. D Stillwater 405-377-1818
Frank Lewis 405-762-6160 Pinnacle Sales Award Winner
Frank Lewis 405-762-6160 Pinnacle Sales Award Winner
Analyze, and be ready to ‘seize the day’ The best thing you can do to start your real estate investment journey is simply to begin analyzing properties. Do not wait until you have the funding ready. You need to get a feel for your market, what opportunities are generally available, what makes a great deal and how often such deals come along. Don’t limit your searches. Learn the nuances of your market by analyzing a wide range of potential investments early and often. Armed with this knowledge, you will start honing the skills needed to quickly and effectively judge po-
Retire with Rentals
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numbers, ready to find and seize the great deals as soon as they appear. Austin Fruechting retired in seven years by investing in rental properties. For questions, comments, and to learn more about how you can achieve the same in ten years or less visit www.goodlifeinten.com
Wake up with... Stillwater stwnewspress.com
For Sale or Lease
Connie Stokes Coldwell Banker Team Stillwater
For Lease
One Bedroom 105 W Matthews • $450
Connie Stokes 405-612-0016
PE
G
N DI
N
1223 W. Preston • $135,000
Hard to find 4 bedroom 3 bath home in a quiet residential neighborhood. Huge deck in back for entertaining. Updated kitchen and baths. Terrific locations near Boomer Lake and OSU. Lease rate $1200/month.
2106 WALKING TRAIL - 4 bed / 3.5 bath/ 3-car garage with storage. Original owner - custom built by Ron Walker. MULTIFAMILY PROPERTY - 1 triplex, 2 duplexes, plus 14 small storage units in Perkins...............................................$245,000 SOLD IN 1 DAY - 1711 N LINCOLN - 4 bed...............$233,000 SOLD 2117 ARROWHEAD - 3 bedSOLD + study/ 2 bath..............$149,900
Two Bedroom 306 S Ramsey • $700 519 S Stanley • $900 221 E Miller • $750
COMMUNITY ESCROW & TITLE CO. Now available for iOS, Android, and Kindle
target properties. (A property manager should welcome helping you with this for the possible opportunity of future business with you.) Then begin filling out the form for a lot of different opportunities and compare the properties. Soon, you’ll be confident in the
NEW LISTING - 1013 E. DELL - 3 bed / 1 bath / 2-car garage. Large fenced yard, close to schools and shopping.........$126,500
of
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overwhelmed. Conducting the basic level of analysis is a very straightforward and simple process. First, you will need a way of knowing what is available. There are websites you can utilize or a Realtor can set you up to receive email alerts as soon as anything is listed that meets your criteria. Go to goodlifeinten.com/form to get a form that you can fill out to analyze properties. Talk to a local property manager in your area to get an estimation of expenses specific to your area and
Three Bedroom 1101 S Gray • $950 1810 W Admiral • $850 802 S Adams • $1200 519 S Stanley • $900 131 W Elm • $1050 2802 N Lincoln • $1100
“WE CLOSE LOANS ANYTIME... ANYWHERE”
623 S. Lewis Stillwater, OK 74074 (405) 780-7196 www.communityescrow.com
1718 W Arrowhead Pl • $1400
1223 W Preston • $1200
Serving Stillwater Since 1950
BARBARA HOUCK - REALTOR® - 747-8804 KENT HOUCK - REALTOR® - 372-7060 JOHN GAGE - REALTOR® - 612-6068
BARBARA HOUCK BROKER/OWNER
30+ years of experience
372-5343 x130
www.houckagency.com • 8 MAIN PLACE/Ste. 2 • DOWNTOWN STILLWATER
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2324 W. 7th Suite 4
Four Bedroom 923 W 10th • $1200 143 S Redwood • $2000
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Stillwater NewsPress • Friday, August 18, 2017
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realize it is a great opportunity, it will be snatched up by someone else. Second, even if somehow you conduct your analysis quickly enough AUSTIN FRUECHTING to have a chance to make an offer, able to immediately you’ll most likely tential investment be too crippled by recognize a good properties. Then, opportunity and act fear that you’ve when your funds decisively when one missed something are in place, you and are making a will be ready to pull presents itself. If bit mistake to act. you haven’t spent the trigger with (And there’s a good the time, you have confidence. chance you will very little chance Starting the proof seizing the great have missed somecess of analysis as opportunity when it thing if it’s your early as possible first time trying to comes along. is critical because analyze a property.) Why? First, you great deals don’t Knowledge defeats stay on the market won’t know what fear and breeds conconstitutes a great for long. You have deal and it will take fidence. to act quickly. If So start digging you too much time you have already to run your analysis in now and don’t be spent the time and compare it to learning to accurately analyze prop- other properties. By the time you erties, you will be
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Real Estate Sales
Homes
2822 Mark Cir. 3 BR/2 BA 1,200 sq ft. Manufactured. Built in 2012, Southern built home, 1200 sq ft, 10'x10' covered porch, large master w/ garden tub and duel sinks, rocked bar in kitchen, comes with stove, dishwasher, and 1 fridge. asking $39,000 OBO. Open to all and any offers, MAKE OFFER! For Sale by Owner $39,000. call or text! Call (580) 210-9258
PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise “any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status or national origin, or intention to make any such preference, limitation or discrimination.”
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Stillwater NewsPress • Friday, August 18, 2017
This newspaper will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
House for sale by owner 3 bedroom, 3 bath located within walking distance just south of OSU. Wood floors through out, storm windows, Granite, new appliances,. 2000 square foot. Call 405-714-5876 or 405-564-3311
Manufactured Homes
For sale owner financed 3 bedrooms, 2 baths, 1500 sq. ft, mobile home, 2000 model, new carpet, new paint, A/c just reworked. 3/4 of an acre. $700 down, $700/month. $70,000. double wide located half way between Stillwater & Perkins. 6611 Windy acres. 405-747-4180
Land/Acreage
For Sale 40 acres near Ralston OK., on the Arkansas River. Good hunting and fishing. Has a nice cabin with running water & electric. Has central heat & a/c system. Has all the comforts of home. Has 1/2 mile of the Arkansas River. Plenty deer, hogs, turkey. Secluded. Great hideout. These lands are hard to find. $250,000.00 Call 580-352-1511
Real Estate Rentals
Homes
CollegeTown Real O-State LLC Houses, Duplexes, & Apartments for Lease Immediate occupancy One Bedroom 105 W Matthews $450 Two Bedrooms 306 S Ramsey $700 519 S Stanley $900 221 E Miller $750 Three Bedroom 1101 S Gray $950 1810 W Admiral $850 802 S Adams $1200.00 519 S. Stanley $900 131 W Elm $1050 2802 N Lincoln $1100 Four Bedroom 923 W 10th $1200.00 143 S Redwood $2000 1718 W Arrowhead Pl $1400 1223 W Preston $1200 Details at our website ctros.com Jim McCollom, Broker 405-762-9059 2324 W. 7th Suite 4
Homes
3 bedroom, 1 bath, CH/A, washer/dryer hookups, single car garage, $800/ month 1209 E. 4th 405-762-6054 3 Bedroom near 6th & West, clean, central h&a, nice kitchen & appliances, GE w&d, ceiling fans, lawn care included, 11-minute walk to OSU. 377-0182, leave message 2- Masters $1200/mo 1 block from campus. OR fourplex $275/mo. 4 miles east of campus. deposit required. references. 405-564-4683 House for Lease in Perkins, Ok. 422 E. Pams Drive 3 bedroom 2 bath 2 car garage $1,200.00 per month No Pet Credit References www.mandevilleleasing.com Very nice 3 bedroom cabin for rent. $1,000/month All bills paid 405-612-4126 710 N. Wildwood Acres Dr. 4 bedroom, 3 bath, 1.5 acres, east of Stillwater. Washer, dishwasher, fridge. $1,500.00. Call 405-612-0447 Country Living!! Now taking applications for one bedroom tiny house. Appliances included. Very secluded. Horses possible. $850.00 per month Bills paid. If furnished &/or satellite will add additional $250.00/month Call 405-269-3055 Please leave message if no answer.
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Homes
Apartments
Beautiful, huge 3 & 4 bedroom duplexes available 405-707-7277
www.cowboyproperty.com
ATTENTION! NOW LEASING For IMMEDIATE MOVE-IN!
Henneberry Properties. Studio, One, Two and Three bedroom apartments, Townhouses, Duplexes and Rent Houses. Call today 405-743-4266
at Stillwater
1 AND 2 BR Apts with FREE Amenities AND Golf Privileges!! LindseyManagement.com Professionally Managed by Lindsey Management Co., Inc.
Apartments
Henneberry Properties at Carleton Crossing, now leasing studio apartments, townhouses, two and three bedroom units. Call today 405-372-7395.
at Stillwater
NOW LEASING! 1 AND 2 BR Apts with FREE Amenities AND Golf Privileges!!
405.707.7400 LindseyManagement.com Professionally Managed by Lindsey Management Co., Inc.
Oak Park Village 2903 N. Perkins Rd. 2 bedroom 1 bath apartments only $510.00 per month, $300.00 deposit. Swimming Pool and Laundry on site. Call Henneberry Properties 405-743-4266
Commercial/Business
405-372-9910
We have a few 1, 2, 3, & 4 Bedroom Homes, Duplexes, Apartments around Stillwater and surrounding areas. Go to our web-site at www.campbellmgmt.com to check “Availability”. Call 405-372-9225 ext 0 to schedule a viewing!
Apartments
Homes
OFFICE SPACE: Adjacent to County Courthouse. Fully furnished/staffed front reception area, as well as private reception adjoining office; access to conference room, library and kitchen; phone, copier and fax machine access. Contact hellis@ellislaw.us.
Homes
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Manufactured Homes
1979 solitaire 2 bedrrom, 2 bath, $12,000 New hot water tank, stove, sinks, and plumbing. Please Call 405-612-4657
4 BR, 2 BA, Single Family Single Family, 3-4 br, 2 bath, mobile home. country living , water, sewer, and trash included. 595/month, red wagon road Call (405) 762-1410
Duplexes
3 Bedroom, 2 bath, 2-car garage, walking distance from Boomer Lake, $800/mo. Available Mid August. (405)612-5521.
Homes
ATTENTION! NOW LEASING For IMMEDIATE MOVE-IN! 1. YOST RANCH (1904 W.Yost Rd.) NOW LEASING ALL UTILITIES PAID! Brand New! 3 Bedroom, 2 Bath 1,216 sq ft Solitaire Homes. Private Gated Addition located on 65 acres and Nice 2 acre pond. Large front and back porches. Comes with Brand new 8 x 12 storage bldgs on-site. Black Appliances--refrigerator, Dishwasher, Stove and Oven w/vent hood. Washer/Dryer Hkups, Each home sits on a small acreage. Horses optional w/Loafing Shed and private pasture on some homes. Only $1,095/month ALL UTILITIES PAID! 2. 119 S. Payne Street 3 Bedroom, 2 Bath, 1 Car Oversized Garage 2 Story Home for Lease. Mowing/Yardwork Included! Total Electric Utilities=Cheaper bills, refrig, Stove and Oven, Microwave w/vent hood, Dishwasher, Garb disposal, Washer, Dryer Hkups or rent a set from us. All Bedrooms have ceiling fans, walk-in closets and dimmable lighting. Access to a private Pool, Spas, Sand Volleyball and Sport Courts less than a block away! Only $990/month! Available NOW! 3. 3112 N. Madison4 Bedroom w/offc, 2 Bath, 2 Car Garage 2 story Home located in Luxurious Lakeview Village Addition walking distance to Boomer Lake. All Appliances Included, Washer/Dryer hkups, Large trees surrounding property and Yardwork Included! Pets with Owner permission, (sorry no students) Only $1,900/month Available NOW! 4. JAMES CREEK 138 S. Bryan Ct. in Stillwater. 3 Bedroom, 3 Bath, 2 Car Oversized Garage, 2 Story Homes. We have both a Short-Term 5 Month Lease Available and a long term 12 month lease available Each Bedroom is 13’ x 15’ and includes its own Bathroom and Walk-In closet along with Dimmable Lights. 1,550 sq ft homes. Granite Throughout & All Stainless Steel Appliances Included! Covered back porches, Mowing/Yardwork Included, Pets Allowed w/Owner Permission, Private Gated Addition w/ Private Pool, Spas, Sand Volleyball and Sport Courts. Only $1,200 $1,350/month www.campbellmgmt.com 405-372-9225 ext 0
A new way to estimate your home equity The Nation’s Housing Column KENNETH R. HARNEY actual listing agent. Premier agents pay Zillow for the promotional space and other benefits and receive leads to consumers who are actively searching for a home or plan to in the future. Premier agent monthly payments are a crucial part of Zillow’s business model, amounting to nearly $190 million during the second quarter of 2017 alone. This represented more than 70 percent of Zillow’s total revenues during the quarter. Legal experts say the CFPB’s concerns
exposure. In a mul– opening the door timillion-dollar setto possible future tlement in January legal attacks against with national lender realty agents themProspect Mortselves. gage over alleged Marx Sterbcow, a violations of the RESPA legal expert anti-kickback law, based in New Orthe CFPB tipped leans, said that abits hand: It cited sent details from the payments made by CFPB, the anti-kickloan officers to subback case against sidize realty agents’ Zillow is “confusing” advertising costs on since individual loan an unnamed online officers and realty site that was widely agents appear to be THE RE/MAX SIGNATURE EXPERIENCE Dedicated professionals providing unrivaled service. understood to be the direct particiZillow. In that case, pants in the paythe CFPB levied ment arrangements. fines against real However, he said, estate brokerages as Zillow’s role in prowell as the lender viding “substantial RE/MAX SIGNATURE 114 W. HALL OF FAME, STILLWATER, OK 74075 405.533.3000 | StillwaterSignatureRealEstate.com
Gina Killough
Cheryl Carpenter Martin
GinaKilloughHomes.com 405.612.2210
CherylCarpenterMartinHomes.com 405.880.7354
Ted Newlin
Vicky Jerome
TedNewlin.Realtor.com 405.714.5309
VickyJeromeHomes.com 405.747.7239
Tina Darr
Candy Yundt
assistance” to the arrangements could make it vulnerable to charges by the CFPB under the deceptive practices act. Where’s this all headed? Only lawyers atTHEZillow and RE/MAX SIGNATURE EXPERIENCE Dedicated professionals providing unrivaled service. the CFPB know whether the case is destined for litigation or a settlement. Meanwhile, now you know how agents and lenders end up on Zillow THE pages: RE/MAX SIGNAT They pay. Or co-pay. Dedicated professionals provi Ken Harney’s RE/MAX SIGNATURE 114 W. HALL OF email address is405.533.3000 | StillwaterSig kenharney@earthlink.net. OPEN HO Brook RE/MAX SIGNATURE 114 W. HALL OF FAME, STILLWATER, OK 74075 405.533.3000 | StillwaterSignatureRealEstate.com
Gina Killough
GinaKilloughHomes.com 405.612.2210
Ted Newlin
TedNewlin.Realtor.com 405.714.5309
Brooks Thomas
BrooksThomasRealty.com 405.880.3476
Kasey Longan
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Amanda Meberg
admeberg@gmail.com 405.612.2096
Beth Peterson
6209 W. Canterbu
Julie Bahl
StillwaterHomeTeam.com 405.762.3744
Each office independently owned and operated.
Amanda Meberg
Kasey Longan
Julie Bahl
StillwaterHomeTeam.com 405.762.3744
Gina Killough
RE/MAX SIGNATURE 114 W. HALL OF FAME, STILLWATER, OK 74075 405.533.3000 | StillwaterSignatureRealEstate.com
Ted Newlin
1124 Stoneridge D
Kase
TedNewlin.Realtor.com 405.714.5309
admeberg@gmail.com 405.612.2096
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Dedicated professionals providing unrivaled service. Brooks Thomas
Candy Yundt
Tina Darr
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Vicky Jerome
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Stillyhomes.com 405.697.0045
THE RE/MAX SIGNATURE EXPERIENCE Stillyhomes.com 405.697.0045
Cheryl Carpenter Martin
CherylCarpenterMartinHomes.com 405.880.7354
www.prope 405.
Candy 22 Yundt HOUSE OPENOPEN HOUSE AUGUST 20 BrooksSUNDAY, Thomas SUN. JAN.
Gina Killough
Beth Peterson
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CandysHomes.com
1-31-3 pm Beth 405.742.4525 9906 S. Range Rd (Perkins) ~ Kasey
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Each office independently owned and operated.
1124 Stoneridge Dr.
12-1:30
Julie
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Julie Bahl Kasey Longan 114 E. Hat Creek Crossing 2-4 StillwaterHomeTeam.com pm ~ Vicky TedNewlin.Realtor.com www.propertyjustforyou.com 405.762.3744~ Kasey 405.714.5309 405.880.5569 5006 N.1203 Nancy Lee Dr., 1-2:30 p.m. S. Fairfield Dr 2-4 pm ~ Rachel Ted Newlin
Tina Darr
Cheryl Carpenter Martin
Amanda Meberg
Open Sunday 1-3 p.m.
Stillyhomes.com 405.697.0045
CherylCarpenterMartinHomes.com 405.880.7354
Vicky Jerome
VickyJeromeHomes.com 405.747.7239
admeberg@gmail.com 405.612.2096
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BethPetersonHomes.com Each office independently owned and operated. 405.880.4370
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WALK TO OSU! Great location! Just two blocks from the west edge of OSU, an easy walk to class, or campus activities. LOADED WITH CHARM! Hardwood floors, French doors, stylish archways. UPDATED in important ways, re-wired and re-plumbed (entire house) in the past year. Water heater new this year. Roof is in good shape and it has replacement windows. Large covered patio, fenced yard with trees for shade. Backyard outbuilding for storage. Refrigerator, washer and dryer stay. Available immediately. 1710 W. Admiral Avenue - $139,900
See more of this home at www.WeLoveSellingStillwater.com
Page Provence, CRS Broker Associate (405) 612-0194
Vicky
VickyJerom 405.74
Fisher Provence, REALTORS®
377-1000
“WE’RE LOCAL, WE’RE GLOBAL”
A7
legal action if it does not agree to a settlement. The CFPB has not publicly detailed its specific reasons for pursuing Zillow, but the company says the allegations involve the Real Estate Settlement Procedures Act (RESPA) – which prohibits kickbacks in exchange for business referrals – and a section of the Consumer Financial Protection Act that prohibits “unfair, deceptive or abusive” practices. A Zillow spokeswoman told me that “we believe our program is lawful,” and the company welcomed an opportunity to discuss the allegations with the CFPB. Some background: Thousands of agents across the country pay Zillow for advertising space, mainly because millions of consumers visit its sites to check out listings and information on more than 100 million homes, whether they are for sale or not. On homes listed for sale, frequently there is also contact information for local “premier agents” who may or may not be the
likely focus on an optional feature of the premier agent program that permits real estate agents to have their monthly advertising fees paid for in part by lenders who seek leads to potential borrowers. A loan officer who is given exclusive promotion along with a premier agent might pay 50 percent of the agent’s monthly bill. Three lenders who’ve cut individual deals with the agent might pay a combined total of up to 90 percent. The sticky legal question here is whether the lenders or loan officers are paying for referrals of business – banned by RESPA – or whether they are simply jointly advertising their wares and paying fair market value for the
Stillwater NewsPress • Friday, August 18, 2017
WASHINGTON – You’re probably familiar with the online realty marketing giant Zillow because of its voluminous home sale listings and its controversial “Zestimate” property valuation feature. But you may not know this: Zillow is in hot water with the federal government over alleged violations of anti-kickback and deceptive practices rules. According to Zillow, the Consumer Financial Protection Bureau has concluded a twoyear investigation into the company’s “co-marketing” arrangements that allow mortgage lenders to pay for portions of realty agents’ monthly advertising costs on Zillow websites. In exchange for the money, lenders are presented in agents’ ads to site visitors as sources of financing, which ultimately generates “leads” and new mortgage business. Consumers likely are in the dark about the lender’s financial relationship with the realty agent unless they know to click on a question mark icon after the promotional words “ask these lenders about financing.” Though the CFPB declined to comment for this column, Zillow confirmed that the bureau has threatened it with
Yost Rd.
Yost Rd.
To Cimarron Turnpike
OPEN HOUSEMap
McMurtry Rd.
Quartz Dr. Duncan
Nancy Lee Dr.
Hartford
Evergreen
Dr.
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Perkins Rd.
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t. is S Lew
Lowry St.
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Payne St.
16th Av.
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Jardot Rd.
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s Dr. Deerfield
Wild Turkey Pas
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Vista Ct.
44th Av.
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Pioneer St.
Sangre Rd.
Squires St.
Charles Dr.
Rid lue Sprin B gdal Wo e Dr. odc res t Dr. 11th Ct. Edgemoor Dr.
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Rd . Walking Trail Dr .
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Airport Ln. Lincoln St.
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Liberty Ct.
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Cleveland St.
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Abbey Ln. Windsor Dr.
Oak Ridge Dr. Basin Ridge Dr. r. ge D
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Stoneridge Dr.
Westwood Ln.Westwood Dr.
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Vista Ln.
A8
Richmond Hill Rd.
Washington St. Garfield St.
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Dr . W rig ht
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Preston Liberty Cr. Cr.
Airp o
Valley Dr.
Mark Circle
Charolais Dr.
Warren Drive
Valley View Sangre Rd.
Keely Ct.
Range Rd. Crosswinds reek
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Shiloh Creek
Wehr Ln..
Knotts Av.
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Stillwater NewsPress • Friday, August 18, 2017
18th Ct.
4th Av. 5th Av. 5th Av.
l.
r. k D r. r. 15th Av. Old Forest D D roo stb hire ar Charleston Cypress Mill We orks alam Y Sh
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Chapel Hill
10th Av.
3rd Av.
Scott Av.
Lauren Lane
Keller Dr. Lakeview Ct.
Dells Av.
Wiley St.
18th Av.
t.
Westbrook Ct. 15th Av.
Lou Ct
Loper Billin gslea Ln. Ct.
Summer Hill Ct. Germaine Ct.
St.
Mercury Av.
Liberty Dr.
d Dr.
land Ct . Ja Lind a
low Wil Hic kor yC
Ashton Ave.
Crestview Ct. Cowboy Ct. High
Ct.
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liff
Crestview Av.
7th Av. 8th Av. 9th Av.
Country Club Dr.
Murphy Dr.
Charring Cross
rC
5
Dr.
Canterbury
Bria
Richfield Ct.
d woo
D
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Sunset Av. University Av.
St. Tyler Av.
Farm Av. Olive Ln. Drummond Av. Athletic Av. Monticello Dr.
Arrowhead Pl.
Arrowhead Av.
5th Av.
Aggie Dr.
8
Admiral Av. Sherwood Av.
4th Av.
Prescot Dr.
gle Tan
Ashbury
11th Av.
8th Av.
. Club Dr . Country Club Ct Country 14th Av. Woodland Ct. Oakfield Ct. 16th Av. Dr.
Fairway Dr.
ks
Oa Kenslow Dr.
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1
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Durham Ct. Ashford Ct.
Frontage Road 7th Av.
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Cr.
51
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10th Av.
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6
Oakdale
9th Av.
Rd.
Miller Av.
Virgina Av. 2nd Av.
8th Av.
Ga
Hall of Fame Av.
1st Av.
7th Av. 8th Av.
mer
Scott Av.
Farm Av.
8th Ct. 9th Ct. Trenton Av.
coln
Lin
Thomas Av.
Ct. Av. uita rgia Chiq d Ct. Geo woo Wild Brentwood Dr. n Dr. Peca Redbud Dr. Redbud Dr. Randolph Ct. Eskridge Av. Windrock Hartman Av. Cr. Tyler Av. Tyler Av. Highview Av.
Dr. nett Graham Av. Ben Will Rogers Dr. Eskridge Av. Eskridge Av.
Eskridge Pl.
r.
mD
lha
Wil
Harned Av.
Mohawk Av.
Lak
Boo
McElroy Rd.
Tyler Av.
Eastland Dr. Marcus Dr.
Swim Av.
oke r. Brollow D Ho
Tyler Av.
Walnut St.
Reese Landing
4th Av.
Boomer Lake
Osage Dr.
Knapp
Oak Crest Rd.
3rd Pl.
Parkway Dr.
Brooke Brooke Jefferson St. Moore Franklin
Eskridge Av.
Benjamin
t.
te S
Hereford Dobi Ln.
r.
Vena Ln.
3rd Av.
. Dr
Sta Lakeview Rd.
Airport Rd.
Newman Av.
Hillcrest Av.
Liberty Rd. Preston Av.
Windmill Ln.
Windsor Cr.
Dr.
Lakeridge Av.
lD
mil
ore
Harned Av. Madison Ct.
Thomas Av. Frances Av.
Memory Ln. Country Ln.
177
Tobacco Rd.
Preston Ln.
State Ln.
t.
Airport Rd.
w illo
Harned Av.
Lisa Ct. Lori Ct.
nC
Cheyenne Av.
W
Newman Av. Hillcrest Av. Brown Av.
Av.
se
Arapaho Av.
Lake Sh
Liberty
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Ute Av.
Cherokee Av.
Dr.
Richmond Rd.
ers
Rogers Dr.
Hartwood Av.
age
gate Dr .
Rog
Ranch Av.
Os
Lynn Ln.
North
Britton Ct. B Dr. ritton Greenbriar Cr. Dr. Au d Ma ene D rieD r. r. Greenvale Ct. Ct. side C rook
Golf Dr.
B
FSBO 9. 314 Wedgewood Dr. 1-4 .......................................FSBO
Lakeview Rd.
nd St. Husba
Stonecrest Ave.
Stillwater Municipal Airport
Park Pl. Tower Park Dr.
Richmond Hill Ct.
Husband Pl. Northgate Dr.
Falls Dr.
New West 7. 49450 S. 35000 Rd. 2-4 PAWNEE ....................... Larry
Keller Williams 6. 5716 W. 9th Ct. 2-4 ................................................... Beth
d Win
Chateau Ct.
Amethyst Ave.
Richmond Rd.
Fisher Provence 8. 1710 W. Admiral Ave. 1-3.........................................Kim
t.
nC
yo Can
Chateau Dr.
Stonecrest Ct.
RE/MAX Signature 3. 9906 S. Range Rd. 1-3 PERKINS........................Kasey Directions: From E. 6th St & S. Perkins Rd., go 9 miles to Perkins, West on Hwy 33 for 5 miles, to Range Rd., go North on Range for 1.4 miles, property is on the west side of road. 4. 114 E. Hat Creek Crossing 2-4 ............................. Vicky Directions: South on Perkins Rd. to 80th St., west to Lost Creek Meadows on the north, north to Hat Creek Crossing, keep right, home on the left. 5. 1203 S. Fairfield Dr. 2-4....................................... Rachel
Topaz Ave.
Chateau Pl. Peaceable Acres Rd.
• All Open Houses are Sunday unless otherwise indicated.
Real Estate Professionals 1. 814 S. Oakridge 2-4 SATURDAY ..................... Tiffany 2. 2302 S. Silverdale Dr. 1-3 ...................................Donna
7
Burris Rd.
Burris Rd. 177
Week of Sunday, August 20, 2017
• Open Houses may be cancelled in case of inclement weather. If you have questions, please call the hosting REALTOR®.
Jardot Rd.
Perkins Rd.
Yost Rd.