January 14 Real Estate Weekly by Stillwater News Press

News Press Stillwater

REALESTATE W e e k ly

January 14, 2021

2.8M As of Dec. 1, about 2.8 million homeowners are in a forbearance plan due to the COVID-19 pandemic.

Your best source for weekly real estate news and listings for Stillwater and surrounding communities

NEW

131 N. Main, Stillwater 405-624-2626 www.c21global.com

I LIST

150 S. Ridge Drive

$179,900 !!

E PAC FS

LOT

$259,900

Weekly Features: • About Real Estate • Classifieds • Open House Map

2501 S. August Drive

s!!

e Acr

Visit our web site at

stwnewspress.com » Classifieds » Real Estate Weekly to download the current PDF edition and see participating Realtors. To advertise your home in Real Estate Weekly, call (405) 372-5000.

$450,000

57494 S. 35000 Road

Stillwater NewsPress • Thursday, January 14, 2021

Despite COVID-19, 2021 housing market looks strong Home sales and prices should keep climbing this year as buyers shake off their virus concerns and mortgage rates stay low. DEAR DAVE: I have read your column for years, and it seems to me that the annual forecast you put out at the start of the year that talks about what’s ahead for the housing market over the next 12 months usually proves to be pretty accurate. So, what do you think lies ahead for 2021? ANSWER: The nation’s housing market ended 2020 in fine shape despite the tumult caused by the COVID-19 pandemic. It should get even stronger this year as the economy slowly begins to recover, mortgage rates remain low, more houses come on the for-sale market and the terrible effects of COVID-19 hopefully begin to ease. This column answers some common questions that readers are asking. ••• Q: Do you think that home sales will go up? A: They should, probably by about 5% or 6%, as more

bit more bargaining power as more homes come up for sale and the recent pickup in new construction brings more new houses and condominiums to the marketplace. ••• MYERS Q: Will prices in some parts of the banks at virtually country go up faster zero for several than in others? months, which in A: Of course, as turn has allowed they always do lenders to offer reeach year. Looking cord-low mortgage at about a dozen rates to their borlengthy forecasts rowers while still from groups rangcollecting healthy ing from banks to profits. Wall Street firms to As the economy realty trade assopicks up steam, ciations, one major though, the Fed will trend becomes slowly raise rates clear: Most of the to curb borrowing largest price gains and keep inflation will likely come in under control. areas blessed with That would transcompanies involved late into slightly in the seemingly higher mortgage indefatigable highrates, probably by tech industry or mid-summer. those that have a ••• large number of Q: How will home government emprices fare? ployees, the latter A: Nationwide of which aren’t prices rose sharply prone to the sudden in 2020 from the and massive layoffs year before, NAR that threaten milreports, largely belions of private-seccause buyers had tor workers. to fiercely compete To that end, for the record-low NAR forecasts, the number of homes strongest housing that were for sale. markets in 2021 Expect a healthy -- based on a combut more modest bination of both 5% to 6% increase expected sales innationwide in 2021, creases and price NAR says, with appreciation – will buyers regaining a be California’s cap-

ABOUT REAL ESTATE

DAVID buyers shake off their virus and job-related fears to finally move forward with their long-delayed homebuying plans. Sales will also get a boost because many prospective buyers feel that they need to act sooner rather than later, before mortgage rates can move higher and rising values price them out of the market. It’s worth noting that economists at the National Association of Realtors, the trade group whose forecasts are usually fairly accurate, are even more bullish: They are predicting a 10% nationwide sales increase. ••• Q: Do you think that mortgage rates will go up? A: Yes, but not quickly. The rate-setting Federal Reserve Board has kept the rate it charges for overnight loans to

ital of Sacramento, San Jose and the rest of the state’s tech-rich Silicon Valley; Charlotte, North Carolina; and Boise, Idaho. Also look for big hikes in sales and prices in and around Microsoft Corp.’s hometown of Seattle; the retirement mecca of Phoenix; and Pennsylvania’s capital, Harrisburg. In addition to Harrisburg, other cities in Pennsylvania, Florida, Arkansas, Ohio and Texas are among those where NAR economists expect to see double-digit gains. ••• Q: Are there any signs to suggest that 2021’s housing market might turn out to be a bust? A: Not really. The nation’s housing market shook off the effects of the COVID-19 pandemic that struck us last spring and went on to record one of the best sales and price increases in the past decade. With more people getting vaccinated now, the market may get even stronger. Mindful of our nation’s fragile economic condition, regulators at the Federal Reserve

Board have indicated that they won’t raise interest rates anytime soon. That will keep mortgage rates low, a blessing for buyers who are looking for a home as well as sellers who plan to put their property on the market in 2021. Our booklet, “Straight Talk about Living Trusts,” explains how even low- and middle-income homeowners can now reap the same benefits that creat-

ing an inexpensive trust once provided only to the wealthiest families. For a copy, send $4 and a self-addressed, stamped envelope to D. Myers/Trust, P.O. Box 4405, Culver City, CA 902314405. Net proceeds will be donated to the American Red Cross. Send questions to that same address, and we’ll try to respond in a future column. (c)2021 Cowles Syndicate Inc.

Your House Could Be Featured Here NEW LISTING Call - 2320 NBarbara DRYDEN - 3BR,Today 2BA, 2-car garage. Open

PENDING entry to large living room, kitchen & dining area inside this beautiful brick home. Located close to shopping & schools ................. $168,500 3124 4 BD2BA, / 3 BA / 2-car attached garage. Home is very 2320 N MONROE DRYDEN --3BR, 2-car garage �� $168,500 SOLD open with large living-dining room with fireplace, kitchen has many PENDING cabinets plus a serving bar,/ 3and 3-1 split garage bedroom a corner 3124 N MONROE - 4 BD BA pantry. / 2-car attached ��on $219,900 SOLD lot close to Boomer Lake. ................................................... $219,900 1105 EE CAMDEN CAMDEN LANE LANE --22BD BDSOLD BA//2-car 2-carattached attachedgarage. garage� ....$189,900 ��$189,900 1105 //22BA SOLD

FORE RENT - -1618 Willham HOUSE FOR HOUSE RENT - 1618 Willham 3 BD / E2 BA - No pets or smoking 3 BD / 2 BA - No pets or smoking

Call CallBarbara BarbaraToday! Today!

nsurance BARBARA HOUCK BROKER/OWNER

30+ years of experience

BARBARA HOUCK

and

real estate

Insurance and real estate Serving Stillwater Since 1950 Serving Stillwater Since 1950

® ® BARBARA HOUCK - REALTOR - 747-8804 BARBARA HOUCK - REALTOR - 747-8804 ® ® - 372-7060 KENT HOUCK - REALTOR KENT HOUCK - REALTOR - 372-7060 ® ® - 612-6068 JOHN GAGE - REALTOR- 612-6068 JOHN GAGE - REALTOR

BROKER/OWNER, GRI

372-5343 x130 x130 372-5343

30+ years of experience

www.houckagency.com •• 88 MAIN MAIN PLACE/Ste. PLACE/Ste. 22 • • DOWNTOWN DOWNTOWN STILLWATER STILLWATER www.houckagency.com

How agents and sellers can work together best way to make a sale. An agent may suggest a lock box so the home can be shown when homeowners are not on the property. • Make suggested

Cheryl Moody Office Manager

John Lurry Assistant

Kyle Bottger Realtor Associate 405-612-6724

Ann Morgan Realtor Associate 405-614-9600

Cole Graves Realtor Associate 405-334-3588

Don Zhao Realtor Associate 202-848-2120

Dianna Norman Realtor Associate 580-761-3926

renovations. Agents know which features can make or break a sale. Homeowners should be amenable to certain suggestions, such as neutral paint colors,

Dolores Lemon CRS, CRB, GRI Broker/Owner 405-747-7822

removing personal effects and clearing clutter. • Give recommendations. Real estate is a commission-based industry. Agents often tireless-

www.stw-realestatepros.com

ly put in hours and only reap rewards if the house is sold. A homeowner who was satisfied with an agent can then recommend that person to friends or family.

By working with real estate professionals, homeowners can sell their homes quickly.

Tiffany Aranda GRI, CRS Broker Associate 405-714-1214

– MetroCreative

Terry Essary Realtor Associate 405-742-6424

downtownstw.com

405-372-5151

Downtown Office - 723 S. Main Street

Bringing Buyers & Sellers Together .... Professionally NEW LISTINGS AND PRICE CHANGES 2812 Fox Ledge - Sangre Ridge - $265,000 - Ann 5917 Chateau Dr. - 2.3 acre lot - Beautiful Home - $390,000 - Donna 1436 E. Moses - Cushing - 3bed - $116,000 - Kyle 5202 W. 3rd - 3bed 2bath WestPark Addn. - $210,000 - Ann 2701 W. 20th - 4bed 2bath SW Area - $219,900 - Tiffany 2917 N. Husband - 4bed Boomer Lake View - $306,500 - Tiffany 2221 W 3rd Ave. - 4bed 2.5bath 2car garage 2654 sq. ft. LOCATION, LOCATION - $274,000 - Amy 4901 W. Crestview - SALE PENDING - $475,000 - Lori 5607.1A S. Mehan -15 acres m/l Just North of 68th 7 Mehan - $127,500 - Tiffany 5607.1B S. Mehan -12 acres m/l Just North of 68th & Mehan - $100,200 - Tiffany 5607.1C S. Mehan - 14.5acres m/l Just North of 68th & Mehan - $121,075 - Tiffany 5615 W. 7th - SALE PENDING - $247,000 - Don 4220 W. Prescot Dr. - 3bed 2bath 2car garage 1315 sq. ft. - $214,888 - Ann 3715 & 3717 W. 15th - SOLD - $168,000 - Dolores 810546 S. 3450 Rd., Agra, OK - 160 acres of Rural Paradise Barn/Pond/Hunting - $750,000 - Kyle 8300 N. Sangre, Stw. - SOLD - $575,000 - Lori 7110 Norrie Ln., Stw. - 4 10acre tracts or 40 acres - $400,000 - Lori 302 S. Main, Agra - 3bed 1bath 1.5stories Large Lot - $38,000 - Kyle 306 N. Carney, Carney - WHY PAY RENT? 2bed 1bath 993 sq. ft. - $42,000 - Kyle 4711 Deerfield Dr., Stw. - Unique One-Of-A-Kind 63.77 acre ESTATE - $3,999,000 - Dolores 5921 Gunnar Springs, Stw. - BETTER THAN NEW 4bed 2 bath 2257 sq. ft. - $345,900 - Lori 916 W. Choctaw Ln. - SALE PENDING - $190,000 - Ann 321 W. Broadway, Drumright - 4bed 2bath 1852 sq. ft. Historic Drumright, OK - $92,500 - Kyle 4 S. Grant, Tryon - 2bed 1bath 1car garage 1272 sq. ft. - $71,500 - Kyle 1601 E. 4th, Stw. - SOLD - $123,500 - Ann 6020 Laquinta Dr. - SALE PENDING - $710,000 - Tiffany 1505 N. Council Creek, Glencoe - 3bed 2bath 1454 sq. ft. on 40 acres m/l - $299,900 - Lori 207 E. Maple Ave., Perry - 2bed 1bath 1 car garage Storm Shelter 1131 sq. ft. - $78,500 - Dolores 3337 W. Charleston Ct. - Nice lot in Berry Creek a gated community - $39,900 - Donna 0000 E 56th - 81.10 acres m/l ¼ mile West of Rose Rd - $308,000 - Lori 2707 W. 44th - 15.86 acres Will Divide Look for signs West of Western - $317,000 - Lori Cedar Oaks & 19th - 7.48 acres m/l in City Limits - $350,000 - Lori 3317 E 6th - Commercial Buildings Great for Restaurant - $649,000 - Melissa 6019 S Country Club Rd. - 60 acres ready for you to build. - $550,000 - Tiffany 13th & West - 25.94 acres in the city limits zoned ag. - $120,000 - Dianna 0000 S. Country Club Rd. - 20 Acres on Paved Road - $200,000 - Ann 3919 W. Rutledge Dr. - 5bed 3.5bath 3715 sq. ft. DON’T MISS THIS ONE! - $559,000 - Ann 4717 S. Turtle Pond Ct. - Great ½ acre m/l Lot for your building pleasure - $45,000 - Tiffany 6800 W 68th - 70 acres at 68th & Western Split your way! - $525,000 - Lori N. Washington Rd. - 151.8 acres m/l OH the Possibilities! - $2,352,900 - Lori Roka Hidden Lake - lots with Lake view - $75,000 - Lori OPEN HOUSE - SUNDAY, JANUARY 17th 2303 Bridlewood - Donna - 1-2 p.m. 4220 W. Prescott Dr. - Don - 1-3 p.m.

Melissa Woods GRI Realtor Associate 405-385-2035

Donna Rhinehart GRI, CRS Realtor Associate 405-612-0509

Amy Parsons GRI Realtor Associate 405-714-0882

Lori Kastl CRS Realtor Associate 405-880-2844

Jennifer Oliver GRI Realtor Associate 405-612-4984

to a certain code of ethics. There are many qualified agents, but an agent cannot do his or her job well without some help on the part of the homeowner. These tips can make the process of selling a home go smoothly. • Price the home correctly. Homeowners should trust the agent’s ability to price a home for the market. Everyone wants to get the most money possible, but listing the home for more than it’s worth may cause it to sit unnecessarily for several weeks or months, which could raise red flags among potential buyers. • Market the home. A real estate agent will list the home via a multiple listing service (MLS) on a private website, in newspapers, and wherever else he or she feels is pertinent. Homeowners can share the listing via social media and word of mouth to help increase the chances of selling the home. • Be available. Limiting the time an agent can show the house to potential buyers is in no one’s best interest. Sellers should be ready and willing to open their homes, which is the

Stillwater NewsPress • Thursday, January 14, 2021

Selling a home can be stressful. Despite this, 5.51 million existing U.S. homes were sold in 2017, according to data from the National Association of REALTORS®. In many cases, homeowners choose to work with real estate agents to facilitate the process of listing, showing and selling their homes. Real estate agents are valuable assets. Agents have neighborhood knowledge, are educated in pricing trends, can filter phone calls or emails from buyers who aren’t serious, and can organize all of the people necessary for a closing. Real estate agents provide many services that the average person may not have the time nor the experience to handle. When selecting an agent to sell a home, homeowners may not understand that the terms real estate agent and REALTOR® are not interchangeable. Although both must be licensed to sell real estate, the main difference between a real estate agent and a REALTOR® is the latter is a member of the National Association of REALTORS®. NAR ensures that members subscribe

Stillwater NewsPress • Thursday, January 14, 2021

Starting seeds indoors If you enjoy cool-season crops like broccoli, cabbage, cauliflower and onions, some important dates are right around the corner. Feb. 15 is generally considered the opening of the “early planting” window for cool season crops in our area. The crops mentioned, as well as several others, are most successful when transplanted into the garden as established seedlings. This means the time to start them indoors can be as soon as the last week of January. Use a combination of the information found on the seed packet/ catalog along with OSU Fact Sheet #HLA-6004 Garden Planning Guide to determine the ideal starting dates for your garden. While there are many different kinds of seed starting tools and resources available for purchase, successful indoor seed starting does not have to be complicated or expensive to be successful. Keep the following tips in mind and you will be off to a great start: •Purchase a “seed starting mix” for a growing medium. Garden soil will

tend to hold too much moisture and is more likely to contain soil-borne fungi that could be detrimental to the seedlings and regular potting soil is too coarse to work well for this purpose. Use a shallow dish with drainage holes. A soil mix of one inch in depth is deep enough since the seeds won’t be in this container for long. •Plant a few more seed more than you think you will need. Very rarely will you get 100% germination nor will all make it to maturity. Don’t worry about spacing as you’ll be moving them before they get large enough for this to be an issue. •Plant according to package directions, water lightly and then cover the container with clear kitchen wrap to help maintain moisture. Remove the plastic as soon as the new seedlings emerge. You can use a container that has its own lid as long as it doesn’t seal so tight that the air exchange will be shut off. If in doubt, punch a few holes in the lid as well. • Light is not especially critical until the seeds begin to germinate. Once they do start to break the soil

HOME GROWN KEITH REED surface, look for the best indoor lighting you can find. Natural sunlight is ideal but be careful not to cook the plants in a hot window. Even if you do have ideal natural lighting, with the short days of winter, you will need to supplement mornings or evenings with the goal of giving the seedlings 12-16 hours of light a day. Specialty LED plant lighting is your best option now it’s becoming less expensive and more readily available to the home consumer. If you do not want to make that investment, household LED or fluorescent bulbs will also work. Incandescent lights will also work but they can generate excessive heat so be careful with these. • Ideal growing temperatures are going to be crop dependent. Check your seed packet for this information. Don’t assume that warmer is necessarily better. However, almost all seeds will

germinate quicker and easier when the soil is slightly warmer than the surrounding air temperature. You can purchase mats for this purpose if you lack the proper home setting to warm the soil. •Water as needed. Creating a tiny “watering can” by punching or drilling very small holes into a water bottle lid works very well. This can help to provide water in small doses without washing away the seedlings. Once the soil is wetted, you may not need to water again since the covering is in place. If you can squeeze water out of the soil, it’s too wet so remove the covering for a day or two and let it dry out a bit. • Once the seedlings produce their first true leaves (the first to open are normally the cotyledons which will look different from leaves), the seeds are ready to be transplanted into a larger con-

tainer. We’ll talk about this process next week. For more information on this or any other horticultural topic, you can contact Keith Reed, the Horticulture Educator in the Payne County Extension office. During the Covid-19 slowdown, Keith can be reached via email at keith.reed@okstate. edu. To access OSU fact sheets, go to https://extension. okstate.edu/factsheets/ Oklahoma State University, as an equal opportunity employer, complies with all applicable federal and state laws regarding non-discrimination and affirmative

action. Oklahoma State University is committed to a policy of equal opportunity for all individuals and does not discriminate based on race, religion, sex, color, national origin, marital status, sexual orien-

tation, gender identity/expression, disability, or veteran status with regard to employment, educational programs and activities, and/ or admissions. For more information, visit http://eeo.okstate.edu

News Press 372.5000 x260 Stillwater

stwnewspress.com

405.624.2626 www.c21global.com 131 N. MaiN, Stillwater

DEFY MEDIOCRITY + DELIVER EXTRAORDINARY Linda Schmidt Broker

405.880.3048 Bailey Williams

405.714.4037

Property Manager

Alane LeGrand

405.747.6950 Judy Kasso

Rosetta Heppel

405.880.0869 Virginia Cussner 405.747.7601

Beverly Carter

405.743.9618 Diana Field

Sandy Blankinship 405.269.9523 Oscar Fortune

801.824.8166

405.747.4684 405.747.6042

Mike Branson

405.612.5347 Thomas Jenkins 405.780.3204

Tana Rutan

405.612.1496 David Heppel

405.269.6907

Four financial ‘experts’ who could steer you wrong By Liz Weston NerdWallet

None of us knows everything we need to know about money, so we may turn to experts for help. But some money professionals who offer advice are not qualified to do so – nor are they required to put our interests ahead of theirs. Be cautious when accepting advice from the following sources.

may tell you that rolling your old 401(k) account into an individual retirement account gives you many more investment options, and that’s typically true. But IRAs can cost you more, and 401(k)s have better consumer protections. Stockbrokers want to sell you investments that earn them commissions. Typically, they have no responsibility to make sure those investments are in your best interest. By contrast, a 401(k) administrator is a fiduciary, so it’s required to put your interests first and .provide 1-3 good n u investment options S at a reasonable cost. Many 401(k)s offer access to ultra-lowcost institutional funds that aren’t available in an IRA. In addition, your entire 401(k) balance is protected from creditors. By contrast, your protections with an IRA depend on state law. Many states exempt only an amount “reasonably necessary for support” – which means in some cases, creditors potentially could get it all. A BETTER APPROACH: Leave the money where it

is if you like the old 401(k)’s investment options, or roll it into a new employer’s plan if that’s allowed. Otherwise, roll the money into an IRA at a discount brokerage. If you need help with how to invest it, consult a fiduciary adviser.

most people will collect more over their lifetimes if they delay filing. It’s particularly important for the higher earner in a married couple to delay, because that benefit determines what the survivor will get once the first spouse dies. Unfortunately, SoSOCIAL SECURI- cial Security AdminTY ABOUT WHEN istration employees TO CLAIM BENEsometimes advise FITS people to start early You can collect – even though Social Social Security as Security employees early as age 62, aren’t supposed to but your monthly give advice. benefit increases Applicants have the longer you delay been told, for examapplying until it ple, that it doesn’t maxes out at age . 1-3matter when they 70. Multiple studies Sun start benefits ben have shown cause the amounts Ope that

paid out over their lifetimes will be the same. That’s a misinterpretation of Social Security’s attempt to be “actuarially neutral,” or have the system pay out the same amount in total regardless of when people claim benefits. A BETTER APPROACH: A Social Security claiming calculator can help you figure out when to start benefits. AARP has a free one, while more sophisticated versions are available starting at $20 at Social Security Solutions New or $40 at Maximize Price! My Social Security.

Bringing Buyers to your door since 1984 It is our honor to serve you at Fisher Provence Realtors. Call today to put our expertise to work for you, too. See more of this home at www.WeLoveSellingStillwater.com

Fisher Provence, REALTORS® Page Provence, CRS Broker Associate (405) 612-0194

(405) 377-1000

True affordability will depend on a lot of factors that aren’t captured in your application, including when you want to retire and how much you want to save for other goals such as a child’s edA BETTER APucation. PROACH: Limit There’s also your auto loans to your comfort level. a maximum of five Some people are years for new cars fine borrowing the or three years for maximum, because used cars. A 20% they believe their fidown payment can nances will only get help you avoid neg- better. Others preative equity, as well. fer to borrow more Consider getting conservatively. pre-approved for a loan from your local A BETTER APcredit union or bank PROACH: Use or an online lendonline calculators er. That can help to estimate how you withstand the much to save for redealership trying to tirement and other pressure you into goals. Then include expensive financing. those figures in your pen O monthly expenses MORTGAGE when using a mortPROS ABOUT gage affordability HOW MUCH calculator. Or HOUSE YOU CAN consult a fiduciary AFFORD adviser, such as a Good mortgage certified financial brokers or loan planner, accredited officers can be infinancial counselor valuable in helping or accredited finanyou navigate a cial coach. “Fiduciacomplicated process ry” means obligated and understand to put your best the guidelines that interests first. Most lenders use to definancial advisers termine how big aren’t fiduciaries, so of a loan you can make sure to ask. qualify for. But they can’t tell you how STOCKBRObig of a loan you can KERS ABOUT comfortably afford. WHETHER TO Neither can your ROLL OVER YOUR real estate agent, 401(K) for that matter. A stockbroker

Stillwater NewsPress • Thursday, January 14, 2021

THE DEALERSHIP ABOUT HOW LONG YOUR AUTO LOAN SHOULD BE The dealership wants to sell you a car. To make the payments more affordable, you may be offered a loan that lasts six, seven or even eight years. Longer loans can get you smaller monthly payments, but they cost more overall, since you’ll pay more interest. You’ll also likely spend several years “upside down,” or owing more than your vehicle is worth. As the car ages, you could easily face big repair bills while still making payments. If you needed to sell the car, you would have to come up with

money to pay off the loan. Alternatively, you could roll the negative equity into your next car purchase, but that would make your next loan even more expensive.

Buying homeowners insurance? Ask these four questions before picking a plan that fits your needs and Washington, D.C. For a more accurate estimate, ask Purchasing inyour insurer to send surance may not be someone to your as fun as choosing house for a replacenew furniture and ment evaluation, paint colors, but suggests Amy Bach, it’s a critical part executive director of of the homebuying process. Your home- United Policyholders, a nonprofit that owners insurance policy is a financial advocates for insafety net in case of surance consumers. a disaster, so you’ll You can also ask a local builder who want to ask a few important questions specializes in new construction to esto make sure you timate your home’s have the coverage you need at a price rebuilding cost per square foot. you can afford. Once you’ve choWHAT’S THE sen an appropriate DWELLING dwelling limit, COVERAGE PER consider adding SQUARE FOOT? extended replaceImagine that a ment cost coverage fire burned your house to the ground to your policy. With this coverage, your and your policy insurer will pay didn’t pay out 10% to 50% more enough to rebuild than your dwelling it. That could happen if your dwelling coverage amount coverage – the part to help you rebuild. This could save you of your policy that covers the structure thousands of dollars if building prices of your home – is spike for unforeseen too low. reasons such as a To prevent this, don’t simply accept lumber shortage or the initial dwelling high demand after coverage amount an a disaster. A typically pricier insurance company option, guaranteed recommends. “Inreplacement cost surance companies coverage, will pay use replacement cost calculators, but to rebuild your home regardless of they’re not 100% expense. accurate by any DO I HAVE means,” says Ryan MULTIPLE DEAndrew, president DUCTIBLES? of The Andrew Homeowners may Agency, an indenot realize that on pendent insurance some policies, highagency serving Virginia, Maryland er deductibles may

By Sarah Schlichter

Stillwater NewsPress • Thursday, January 14, 2021

NerdWallet

apply for claims due to wind, hail, named storms or other disasters. For example, say a hurricane causes wind damage to your roof. Your insurance policy might have a wind deductible worth 5% of your dwelling coverage rather than the $1,000 deductible that applies to most other claims, Andrew says. So if your house were covered for $250,000, you’d have to pay for the first $12,500 of damage before your insurer paid anything. Getting quotes from multiple insurers may help you reduce or eliminate these high deductibles. WHAT ISN’T COVERED? You might be unpleasantly surprised by your

policy’s exclusions. “Flood insurance, which is excluded on almost all homeowners policies, is definitely a big one,” Andrew says, adding that this is especially important for homeowners with finished basements. Even houses that aren’t near a body of water could experience flooding during heavy downpours, Andrew says, and a standard homeowners policy is unlikely to cover any damage. You can buy flood insurance through companies that participate in the National Flood Insurance Program. The program’s average flood claim payout was $52,000 in 2019.

Andrew also suggests adding water backup coverage to your policy. This pays for damage due to water backing up into your house from sewer lines, sump pumps or other water lines. Another common coverage gap involves keeping up with current building laws. “If you have to make improvements when you’re repairing or replacing (your home) because the codes have changed since your house was built, a typical policy will exclude that,” Bach says. Though this can be particularly expensive for older homes, “even a house that was built five years ago is out of code,” An-

3304 S Country Club Rd. 4 bed 3.5 bath, on 5 acres. Southwest Stillwater Country Home newly remolded with upgrades.

$349,000

OPEN HOUSE SUNDAY 2-4

6505 W 9th St. Cushing, Ok

Rachel Pickens Real Estate Broker

405.612.5550

324 S. Husband St., Suite 110 Stillwater, OK 74074

4 bed 3 bath, on 20 acres! The Country setting you have been waiting for! over 2770 sg ft living space, fireplace & barn.

$399,000

OPEN HOUSE SUNDAY 2-4

drew says. Both Bach and Andrew recommend adding ordinance or law coverage to your policy to handle these expenses. HOW CAN I SAVE? While having the right coverage is generally more important than paying the bare minimum, there are discounts to make your policy more affordable. Andrew suggests buying your car, homeowners and other insurance through the same company to take advantage of bundling discounts, which can save you 20% or more. “The best way to bring down the price without sacrificing coverage is to raise your deduct-

ible,” Bach says. Being willing to pay for smaller repairs yourself rather than filing claims will help keep your premiums low. If you’re confused about coverage and discounts, reach out to an insurance agent to talk through your options. “Take a little extra time to understand what it is that you’re purchasing,” Andrew says. “For most people a house is the most expensive asset they have.” This article was provided to The Associated Press by the personal finance website NerdWallet. Sarah Schlichter is a writer at NerdWallet. Email: sschlichter@nerdwallet.com.

Your Local Home Find the area’s best selection of properties in one place at stwnewspress.com

Hub

In Print: Every Thursday in Real Estate Weekly Online: 24/7 www.stwnewspress.com

News Press Stillwater

stwnewspress.com

211 W. 9th (405) 372-5000

Stillwater NewsPress • Thursday, January 14, 2021

Search homes for every preference and budget!

Yost Rd.

To Cimarron Turnpike

McMurtry Rd.

Chateau Ct.

Topaz Ave.

Amethyst Ave.

Duncan

Nancy Lee Dr.

Hartford

Evergreen

Perkins Rd.

Knoblock St.

Star Dr.

Jardot Rd. Marine Rd. Burdick St. Manning St. Briarwood St.

S. Westchester St.

Katy

Henderson St.

Hightower St.

Denver Ct. Denver St.

Jardot Rd.

Dr.

Timbercrest Dr. Timbercrest Cr.

Pinewood Cr.

Av.

Villa Dr.

Mockingbird Ln. Collins Ct. Colby Lance

ower Hight

Oakwood Dr.

9th Av.

3rd Av.

4th Av.

5th Av.

Crestwood Cr.

Denver St. St.

Jardot Rd.

Payne St. Payne St.

7th Av.

2nd Av.

Drury Ln.

4th Av.

Raintree Av.

Eastgate St.

Pos

Wedgewood Dr.

Cottonwood Dr.

Crestwood Dr. Crestwood Ct.

Wedgewood Ct. Wedgewood Dr.

Blair St. Payne St.

Eastern Av.

Blair St. Stallard St.

Hall St.

Leigh St.

Burdick St.

James Ct.

Lydia Ln. 17th Av.

19th Av.

22nd Av.

19th Av.

177

24th Av.

25th Av.

Main St.

Knoblock St.

Cambridge Dr.

Mar Vista St. 28th Av.

Husband St.

26th Av.

29th Av.

is S

30th Av.

Lew

31st Av. 32nd Av.

32nd Av.

Lowry St.

Main St.

35th Av.

37th Av.

34th Av.

35th Av.

Fern St.

West St.

33rd Av.

36th Av.

37th Av.

44th Av.

Hunters Cr.

Dr. Deerfield

s Wild Turkey Pas

Vista Ct. Vista Ln.

Jardot Rd.

Perkins Rd.

Husband St.

Washington St.

Western Rd.

Sangre Rd.

Timberline Dr.

44th Av.

Cottontail Ln.

3rd Av. 4th Av.

Peach Tree Av. Stonegate Av.

Jardot Rd. 16th Av.

Payne St.

Dr.

Ransom Dr.

Springfield St.

ott

Aetna St.

Hartford St.

Skyline Ln.

Manning St.

Grandview St.

Burdick St.

Donaldson St.

Stallard St.

Virginia Av.

3rd Av.

Hartford St.

Lowry St.

Chester St.

Fern St.

Lewis St.

Husband St.

Main St.

Lowry St.

Chester St. Fern St.

Pl.

Alc

Pennsylvania St.

Lewis St.

Lowry St.

Husband St.

Masin St.

Duncan St. Duncan St.

Husband Pl.

17th Av. 18th Av.

Young St.

Skyline St.

Canyon Rim Dr.

Skyline St.

Briarwood Dr.

ro yb

nn y Ct bro . ok

Benjamin St.

Dryden St.

Perkins Rd.

Grandview Ct. Grandview St.

Manning St.

Dr .

Manning St.

Berry Ct. Arrington Ct. Arrington Dr.

Hartford St. Dryden St. Redbud Ct.

Star St.

Hoke St.

Hartford St. Dryden St. Benjamin St. Burdick St. Burdick St. Berry St. Arrington St. Marshall St. Doty St. Blair St. Grandview St.

West St. Duck St. West St. Duck St.

West St. West Bl.

15th Av.

Cedar Ct.

Matthews Av.

12th Av.

13th Av. 13th Pl. 14th Av. 16th Av.

Payne St.

Dryden St.

Hartford St.

Crescent Dr. Glenwoo d Dr.

Husband St.

Main St.

Duncan St.

West St. Duck St.

Hester St. Knoblock St. Knoblock St. Knoblock St.

Hester St.

Washington St.

Ramsey St.

Benjamin St.

Pa rk Sta Dr. rD r.

r. dD an sb Hu

Ramsey St.

Washington St. Bellis St.

Hester St.

Ramsey St.

Monroe St. Jefferson St.

Adams St.

Walnut St.

12th Av.

Connell Ct. Connell Av.

Young St.

Park Dr. Park Dr. Keller Dr.

Husband St.

Crescent Dr.

Ramsey St.

Lincoln St.

n St. Monroe St. Jefferson St.

Lincol

Monroe St.

Cleveland St.

Garfield St.

Stanley St.

Gray St.

Pine St.

Walnut St.

Blakely St. Teal St.

Bluestone St.

Willis St.

Silverdale

Summ erlin Ct. Bridlew ood

Birchwood Ct. son Ct. Wedgewood

21st Av.

Pioneer St.

Murray Ct.

Han

Karr Ct.

Sawgrass St.

11th Av.

8th Av.

9th Av. 10th Av.

Ct.

Whitney Ct. McElroy Rd.

7th

7th Av.

Black Oak Dr.

Knoblock St.

Garfield St. Kerr St.

Clevelan

d St.

McFarland St. . Kings St

Orchard St.

McDonald St.

McFarland St. Kings St.

Willis St.

Western Rd.

t Dr.

Augus

Oxford Dr.

Legendary Ln.

Pioneer St. Quail Ridge Dr. 28th C t.

Walnut St. Melrose Dr. Pine St. Redwood St. Gray St. Cleveland St. Stanley St.

Willis St.

Kings St. Orchard St.

Western Rd.

Dr. Ridge

e D Ridge Dr. r. Willis St.

Ridge Dr. Rid g

Devon St. Wicklow St. Ln.

Celia

August Dr.

Surrey Dr.

Dr . in Elv

Black Oak Dr.

24th Av.

Cedar Ct.

4th Av. 5th Av.

5th Av.

er om

Rocky Ridge

dge D r. Fox Le

August Dr. Cambridge Ct.

3rd Av. 4th Av.

Redbud Dr.

Fountain View Dr.

Maple Av.

8th Av.

k Ln.

Country Club Rd.

24th Av.

rD eda

Maple Av.

21st Av. 23rd Av.

mit

Maple Av.

19th Av.

22nd Av. 23rd Av.

Sum

Elm Av.

Elmwood Cr.

Elm Av.

Brooke Av.

Sunrise Av.

McElroy Pl.

Arrington Dr.

Virginia Av.

Krayler Ave.

Will Rogers Dr. Cimarron Pl. Cimarron Dr. Leland Frontier Dr. Linda Av. Willham Dr. Ct. Boyles Ct. Willham Dr. Manning Ct.

Connell Av.

Hanson

7th Av.

12th Av.

11th Pl.

Forest Trail Ct.

44th Av.

Turtle Pond Ct.

7th Av.

Arbor Cr.

e Roc

one D

st Wood

Helena Hts.

18th Ct.

Camden

Saddl

Doral Ln.

Miller Av.

University Av.

5th Av.

Will Rogers Dr.

Dryden Cr.

Hall of Fame Av. Mathews Av.

Lakeview Rd.

Fountain View Ct.

Red Rose Dr.

Aloysius Cr.

22nd Av.

Cantwell Av.

Scott Av.

Emma Swim Ave.

Krayler Ave. Ridgecrest Av. Brooke Av. Moore Av. Franklin Ln. Knapp St.

Connell Av.

Morrill Av.

31st Av.

Woodland Trails Dr.

n St.

Briarcreek Dr.

Ct. . nery ock Ln R dle Sad

Ln.

29th Ct. 30th Av.

Inverness Ln. Deer Crossing Dr.

18th Av.

20th Av. 21st Ct.

Quail 25th Av. Ridge Ct.

Shin

Park

Fox Ledge Ln.

17th Av.

n. eL

Cantwell Av.

13th Av. 14th Av.

15th Av.

erd aV

Lom

k Dr.

Pheasant Eagle Creek Ave. Ridge Ave.

Culpepper

Savannah

Willow Park Cr.

Eagle Summit

Ceda

Hillside St.

Davinbrook Ln. Fiddlers Hill St. Berkshire Dr. Dublin Dr.

Fairfield Dr.

Williamsfield

Westridge St. Hillside Ct.

Fairfield Dr. Mansfield St. r Ridge Ct.

Tanglewood Cr.

St.

low

Isabell Pointe Dr.

eld

Black Oak Dr. Countryside Dr.

erfi

Bristol Rd. Av. 24th Av.

Fox Ledge Dr.

Wicklow St.

Devon St.

Murphy St.

Shumard Ct. Oak St. W. Shumard Dr.

Pioneer St.

Sangre Rd.

Squires St.

Charles Dr.

Rid lue Sprin B gdal Wo e Dr. odc res t Dr. 11th Ct. Edgemoor Dr.

Iba Dr.

Oak Trail Dr.

Fox Ledge Ct. 32nd Av.

Knotts Av.

Lewis St.

Lincoln St.

Lincoln St. Lincoln Brooke Lincoln St. St. Hollow Ct. Monroe St. Monroe Monroe St. St. Jefferson St.

Ivy Ct.

Liberty Ct.

McDonald St.

Willis St. McFarland St.

Ridge Rd.

Country Club Rd. Windsor Dr. 2nd Ct. Kea ts D r.

Abbey Ln. Windsor Dr.

Oak Ridge Dr. Basin Ridge Dr. r. ge D

Greystone St.

Stoneridge Dr.

Westwood Ln.Westwood Dr.

. Rd

ail Dr.

Walking Tr

Vil la

Wil

Chapel Hill

10th Av.

Wehr Ln..

Wentz Ln. University Cr.

Dr. Park Cr.

Ramsey St.

Airport Ln.

Monroe St.

Land Run Dr.

tD r. W rig h

sR d. ces

Preston Liberty Cr. Cr.

Airp ort Ind ustr ial A c

Valley Dr.

Mark Circle

Charolais Dr.

Valley View

Warren Drive

Bradley Pl. Sangre Rd.

Keely Ct.

Range Rd. Crosswinds

rook St.

Stoneyb

k Cree

lder Bou

ge drid W oo

Range Rd.

4th Av. 5th Av. 5th Av.

yP urre

19th Av.

eS nic

Austin Ct.

18th Ct.

18th Av.

Lyndsey Ct.

Shiloh Creek

r. k D r. r. 15th Av. Old Forest D D roo stb hire ar Charleston Cypress Mill We orks alam Y Sh

Shadow Creek Ln.

Scissortail Dr.

Stillwater NewsPress • Thursday, January 14, 2021

Persimmo

18th Av.

3rd Av.

wbric

Cove

Sunset Av. University Av.

St. Tyler Av.

Scott Av.

Lauren Lane

Keller Dr. Lakeview Ct.

Dells Av.

Wiley St.

kor

Yello

ntry

St.

Mercury Av.

Liberty Dr.

d Dr.

Hic

Westbrook Ct. 15th Av.

Lou Ct

Loper Billin gslea Ln. Ct.

Summer Hill Ct. Germaine Ct.

Gle

Osage

Gle Dr.

woo

land Ct . Ja Lind a

w illo

Ct.

Ashton Ave.

Crestview Ct. Cowboy Ct. High

rfie

Franklin Ln.

Farm Av. Olive Ln. Drummond Av. Athletic Av. Monticello Dr.

7th Av. 8th Av. 9th Av.

Country Club Dr.

Charring Cross

liff

o Wo Crestview Av.

Woodlake Dr. Deer Creek Ct.

Canterbury

Bria

Richfield Ct.

. Club Dr . Country Club Ct Country 14th Av. Woodland Ct. Oakfield Ct. 16th Av. Dr.

n dla

rst D

ehu

Wild

Scott Av.

Thomas Av.

177 Ct. Av. uita rgia Chiq d Ct. Geo woo Wild Dr. Brentwood Dr. n 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.

coln

Lin

Arrowhead Pl.

Arrowhead Av.

5th Av.

Aggie Dr.

Murphy Dr.

Ashbury

Admiral Av. Sherwood Av.

4th Av.

Prescot Dr.

Dr.

Kenslow Dr.

ire vonsh

11th Av.

8th Av.

d woo

Durham Ct. Ashford Ct.

Frontage Road 7th Av.

gle Tan

VillasCt.

Fairway Dr.

ointe en P Gard ill ng H Spri Deer Run Ct.

aks

O den

Hid

Cr.

5th Av.

Dr.

5th Pl.

e Ridg Oak

Pecan Lake Av. Trenton Ct. Pecan Trail Ct.

Rd.

Pecan Hill St.

lha

Wil

Miller Av.

Oakdale

10th Av.

Brooke Jefferson St.

Eskridge Pl.

Hall of Fame Av.

Virgina Av.

9th Av.

mer

Tyler Av.

Harned Av.

Mohawk Av.

Lak

Boo

McElroy Rd.

2nd Av.

8th Av.

. Dr

Reese Landing

1st Av.

7th Av. 8th Av.

Tyler Av.

Walnut St.

Oak Crest Rd.

Eastland Dr. Marcus Dr.

Swim Av.

Knapp

Farm Av.

8th Ct. 9th Ct. Trenton Av.

Boomer Lake

Osage Dr.

Brooke Moore Franklin

Vena Ln.

3rd Av.

Parkway Dr.

oke r. Brollow D Ho

Hereford Dobi Ln.

Airport Rd.

Newman Av.

Hillcrest Av.

Liberty Rd. Preston Av.

Lakeview Rd.

Eskridge Av.

Dr.

Lakeridge Av.

Rutledge Dr.

Windmill Ln.

illo

te S

Win

177 Airport Rd.

ore

Harned Av. Madison Ct.

Thomas Av. Frances Av.

Memory Ln. Country Ln.

Cheyenne Av.

Tobacco Rd.

Sta

Av.

Preston Ln.

State Ln.

Lisa Ct. Lori Ct.

Liberty

Arapaho Av.

Harned Av.

4th Av.

rie Dr. Wil liam Ct.

Pa rk Gr vie ee w C nv r. ale Cr Da . vis Ct. Ma

Washington St.

Cherokee Av. Hartwood Av.

Dr.

Ute Av. Ranch Av.

age

sse

Rogers Dr.

Newman Av. Hillcrest Av. Brown Av.

Windsor Cr.

Cla

Richmond Rd.

ers

Rog

Falls Dr.

Stillwater Municipal Airport

gate Dr .

Britton Ct. B Dr. ritton Greenbriar Cr. Dr. Au d Ma ene D rieD r. r. Greenvale Ct. Ct. side rook

Golf Dr.

Park

Stonecrest Ct.

Lake Sh

3rd Pl.

Quartz Dr. Richmond Hill Rd.

Washington St. Garfield St.

Hunters Ridge

Stonecrest Ave.

Lynn Ln.

North

Benjamin

Husband Pl. Northgate Dr.

St.

Richmond Rd.

Park Pl. Tower Park Dr.

Richmond Hill Ct.

nd Husba

• Open Houses may be canceled in the case of inclement weather. If you have questions, please call the hosting REALTOR®.

Lakeview Rd.

Ct.

yon

Can

Chateau Dr.

Chateau Pl. Peaceable Acres Rd.

• All Open Houses are Sunday unless otherwise indicated.

il dm

Burris Rd.

Burris Rd. 177

Week of Sunday, Jan. 17, 2021

Fisher Provence 1. 730 W. Lakeshore Dr. – 1-3 p.m. … Sherri Real Estate Professionals 2. 2303 Bridlewood Dr. – 1-2 p.m. … Donna 3. 4220 W. Prescot Dr. – 1-3 p.m. … Don Rachel Pickens Pristine Properties 4. 3304 S Country Club Road – 2-4 p.m. 5. 6505 W 9th Street, Cushing – 2-4 p.m.

Jardot Rd.



OPEN HOUSEMap

Yost Rd.

Perkins Rd.

Yost Rd.

177

5