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Real EstateWeekly Inside

Your Best Source For Weekly Real Estate News And Listings For Stillwater And Surrounding Communities

This Week: Sandbur control p a r t t w o . . . . . . . . . . . . . . . . . . . . . . Pa g e 2 Why a mortgage loan may suddenly be d e n i e d . . . . . . . . . . . . . . . . . . . . . Pa g e 4

R e a l E s t a t e We e k l y i s available online! Go to our web site at w w w. s t w n e w s p r e ss . c o m and download the current PDF edition for FREE!

5723 Garden Pointe -$ 490,000 –Call Dolores 405-747-7822-BOULDER CREEK GARDEN HOME - Quality One Owner custom built. Large Living Room with Rock Fireplace Wall (gas logs). Kitchen has granite counter tops, tile flooring, stainless steel appliances, double ovens, gas range w/5 burners, Lots of cabinets, refrigerator stays, central vacuum system under the cabinets. Kitchen & breakfast area are open. Large entryway & formal dining with beautiful wood flooring. Sun room off the living room is heated & cooled. Utility room has sink, built-ins and extra closets (tile flooring). Master Bath has his/her sinks, heated tile flooring, large walk-in shower, large closet with safe room attached. Guest Bedroom has its own large bath & 3rd bedroom/office has 2 pull down top-quality twin Murphy beds. The double car oversized garage with a golf cart size overhead door on the side. You must see this delightful home to really appreciate it.

These homes offered by Real Estate Professionals (405) 372-5151 • 723 S. Main Street

Weekly Features: A b o u t R e a l E s t a t e ........... Page 8 C l a ss i f i e d s ............................. Page 5 M a p ............................................ Page 6

To a d v e r t i s e y o u r home in the R e a l E s t a t e We e k l y, c a l l (405) 372-5000.

News Press Stillwater

See participating REALTORS® at oourr Web site: 19 Roka Ridge-$335,000- Call Donna 405-612-0509-You’ll know you’ve step into luxury when you enter this home with the lovely hardwood flooring that extends down the entry area and through the large family room. The arched openings, cathedral ceiling, and impressive light fixtures are only a few of the features you’ll notice. Adjacent to the living room is a cozy study. 1 acre lot with mature trees that have been planted in various areas throughout the yard. Split bedroom arrangement offers two bedrooms which share a bath and a private master suite with his and her vanities, walk-in tiled shower, separate tub, and wonderful walk-in closet which connects to the utility room. Best of all, this home is brand new and is ready for occupancy.

www.stwnewspress.com Copyright 2008© Stillwater NewsPress • All Rights Reserved

Weekend February 13, 2015


2

Stillwater NewsPress • Friday, February 13, 2015

Soil test helps with Sandbur control Note: This article first appeared about this time last year. However, the conditions are still favorable for continued problems with this weed. One thing you can count on with near certainty, if you had sandburs in your landscape last year, you will have them again this year. As mentioned last week, even the best herbicide program is not enough to keep sandburs under control. The turfgrass must be strong and healthy so it is better suited to out-compete this pesky weed. This begins with proper fertility. As the name might imply, sandburs are usually a bigger problem on sandy soils. All else being equal, sandy soils do not retain water or nutrients as well as heavier soils, and are more likely to be low in key nutrients. Dry soils low in phosphorus seem to be especially prone to sandbur infestation. A basic soil test can establish baseline information for nutrient levels, especially phosphorus and potassium. Once these nutrients are brought up to an adequate level, nitrogen will need to be applied on a regular basis to support turfgrass growth. Rainfall or irrigation is a critical player here as turf grass should not be fertilized unless enough

Home Grown KEITH REED water is present to move the fertilizer down into the soil and provide enough water for basic plant function. Needless to say, keeping sandy soil as

moist as needed to support proper growth can be difficult to do, especially during periods of drought. Think back with me to the summers of 2011 and

2012. Horrible drought conditions led to an environment that discouraged turf growth, allowing sandburs to gain the competitive advantage. Last summer’s rains provided enough rain for virtually all plants to proper, including the sandburs, leaving us with the explosion of sandburs we witnessed late last summer. Sometimes, sand-

burs can develop in small pockets throughout a landscape. Learn to look for these and hoe them out early before the seeds mature. The seeds are the “stickers” and are mature when they turn brown and fall easily from the stem.

Regular mowing before seedheads form is also beneficial. This also helps discourage these weeds in another way. By regularly mowing bermudagrass at a lower height, the turf becomes more dense, giving it a competi-

tive edge against the weed. I hesitate to even mention this next suggestion, simply because it is so difficult to accomplish. The better you can contain sandburs to a given area, the better

See ➤ Sandbur, page 3


Sandbur Continued from page 2

your chances of success will be. While I generally discourage bagging clippings, in this case it is not a bad idea, especially if the seeds have been allowed to mature. It is a fairly common practice for people to drag old carpet or rugs around in hope of collecting the seeds. While this can certainly reduce the

numbers present, it may be doing more harm than good by spreading the seeds to a wider area. This is a tough problem that requires consistency and patience. However, success is attainable. Just remember that seeds can remain viable in the soil for several years.

With 1944 sq. ft. this brick 3 bedroom, 2 bath, 2 car attached garage home sits on 10 wooded acres. Paved roads make country living easy and just minutes from town. $ 249,900. Call Jim to schedule a showing. 762-9059

COLLEGETOWN

OSTATE

REAL

Jim McCollom, GRI

Stillwater NewsPress • Friday, February 13, 2015

3204 N. Redlands Rd.

www.CTROS.com

405-762-9059

3


4

Stillwater NewsPress • Friday, February 13, 2015

Why a mortgage loan may suddenly be denied Today’s home buying process usually begins with a mortgage application and pre-approval. A preapproval is proof for sellers that a potential buyer can secure a loan. It also gives buyers an idea of what they can afford. It’s important to understand a pre-approval is not ironclad. There are many reasons why a loan may be denied during the mortgage process, the time between the initial application and final approval before closing. Let’s look at a few examples and how to keep the mortgage process on track. A loan may be denied if a borrower takes on considerable new debt or opens new lines of credit during the mortgage process. Doing so may affect their debt-to-income ratio, which is used along with other factors to determine if a person qualifies for a loan. Changes in income or assets can also affect loan requirements. It’s best to avoid making big purchases, reducing assets or changing jobs during this time. Changes in a borrower’s financial documentation may also cause a loan to be denied. A loan officer will request a variety of docu-

Global Realtors

Mortgage Matters MICHAEL DECKER ments during the pre-approval process, e.g., tax returns, paystubs, bank statements and credit history. This information is used to determine if a borrower meets loan qualifications and to provide a rough estimate of what they can afford. It’s important to provide current information and to handle additional requests quickly to keep the loan process in motion. Also keep in mind, lenders will investigate that the information provided is correct. During the mort-

gage process and right before closing, the loan officer will double, and sometimes triple, check a borrower’s documentation for accuracy. It’s standard practice for lenders to request verification of employment from the borrower’s employer and to request tax returns directly from the IRS. Lenders want to know a borrower’s income is steady and mortgage payments can be maintained. It’s essential to be up front with lenders and report any major financial

See ➤ Loan, page 7

Linda Li d Schmidt S h idt Broker/Owner, GRI 880-3048

131 N. Main • Stillwater CENTURY 21: Smarter, Bolder, Faster OFFICE (405) 624-2626

Email: bicket21@aol.com View Our Listings & Virtual Tours at: c21global.com •century21.com or realtor.com

New Listings 1420 E. Will Rogers - 3 Bed/1.5 Bath - $119,500 - Rosetta 402 S Hoppy Rd. - 3 Bed/2 Bath/.5 Acre - $135,000 - Beverly 817 S McFarland - 3 Bed/1.5 Bath - $98,900 - Linda

Mike Branson (GRI) 612-5347 mikebranson@ c21global.com

Diana Field 747-4684 diana@c21global.com

Sandy Blankinship 269-9523 sandy@c21global.com

Oscar Fortune (GRI) (CRS) 747-6042 oscar@c21global.com

Beverly Carter (GRI) (CRS) 743-9618 beverly@c21global.com

Rosetta Heppel 880-0869 rosetta@c21global.com

Virginia Cussner 747-7601 cottonginny79@yahoo.com

Judy Kasso (801) 824-8166 jjkasso@gmail.com

OPEN Sunday 1-3 pm

Alane LeGrand (GRI) (CRS) 747-6950 alane@c21global.com

Cora LeGrand (GRI) 880-0945 cora@c21global.com

5608 E. 68th

Hailey Payne 580-336-8580 hailey@c21global.com

Tana Rutan 612-1496 tana.rutan@sbcglobal.net

David Heppel Property Manager 624-2626

“Highest Overall Satisfaction for First Time and Repeat Home Buyers and Seller”

Private Oasis - 4 beds / 3 baths

$499,000

Jason Utley REALTOR®

1020 N. Boomer • 533-3800

405-334-3388 EQUAL HOUSING

OPPORTUNITY

NAME IN REAL ESTATE 13 YEARS RUNNING -MILLWARD BROWN

First Time Home Buyer

Repeat Home Buyer

First Time Home Seller

Repeat Home Seller


News Press Stillwater

Place a Classified

Call: 405-372-5000 or Send a Fax: 405-372-3112

Classifieds View classifieds online at: www.stwnewspress.com

Hours are 8:00 am - 5:00 pm Monday - Friday

Real Estate Sales Homes

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.”

Homes February Rent Paid ! Sub rent till end of June. $425.00 per month. Nice 2 bedroom, 1 bath with bonus full sized washer and dryer. Ground floor. Front and back door. Perkins, Oklahoma 580445-8706 Now Leasing for Summer/Fall 2015 .All bills paid and free WIFI. Perfect location to enjoy the country atmosphere while living close to OSU and Stillwater Public Schools. Furnished two bedroom, one bath, full size refrigerator and range, Dish Network, Central heat and air. $850/month. Please Call 1-405-377-1328

Beautiful, huge 3 & 4 bedroom duplexes available 405-707-7277 www.cowboyproperty.com

“SAY GOOD BYE!” Advertise your appliance or other items and say “hello” to extra cash!

Homes GOLF DUPLEX AVAIL. JAN 1, 2015 2BD/1BA/1CG- CH/A, W/D hook-ups Fireplace in livingroom $625/mo, $625/dep. 405-6125088

ATTENTION! NOW LEASING for Summer (June 1st), and Fall (August 1st), 2015 Move-In Dates! 1, 2, 3, 4, & 5 Bedroom Homes, Apartments, & Duplexes All over Stillwater, Perkins, Cushing and Payne County. Some properties have acreage for Horses. We also have mobile home lots in/outside city limits. We also have a few units Available for Immediate Move-In. The Best Prices and Deals of the Year are right now so Call today! 405372-9225 ext 0 or www.camp bellmgmt.com SIGN NOW. SAVE MONEY! $$

Homes

NOW LEASING NEW CONSTRUCTION! The VINTAGE (PHASE 2) Luxury Apartments/Town Homes 519 S. Jardot in Stillwater 1 Bedroom, 1 Bath Luxury Apartments. 2 & 3-Story buildings. Covered Entryways. Private Balconies. 9 foot Ceilings. Wood Plank Flooring. StainlessSteel Appliances + washer/dryer ALL INCLUDED! Top Quality Insulation with The Latest Energy-Saving Technologies. Total Electric Utilities. Monitored Burglary & Fire Alarms Incl. Access to Private Pool, Spas, Sand Volleyball, Sport Court. Approved pets allowed with written permission. 1.6 Miles to OSU. We also have FURNISHED and HANDI-CAPPED units available. Prices Start at Only $600/month! Available NOW or Prelease for June 1 Call 405-372-9225 ext 0 or www.thevintage stillwater.com

Homes

Apartments

1017 E MOORE ST Single Family, CHA, washer/dryer hookup, garage. 725/month, 1017 E Moore St Call (405) 762-6054

Carleton Crossing is now offering ,1 2, 3, & 4 BD Apartments. Stop by our office today & ask about our move in special. 1001 N. Perkins Rd 405372-7395

602 W Ute 4 bedroom, 1 bath, plus two 1/2 bathes over 2,400 sq. ft. all new appliances, new flooring, fresh paint, Boomer lake area, 2 car garage, plus 2 car, carport and base bent $1500/month available now. Wick & Associates Realty 405-372-0868

Apartments BOOMER CREEK APARTMENTS NOW LEASING 1, 2, and 3 bedrooms! •Close to Shopping & Restaurants • Full Size Washer and Dryer connections •Exercise Room •Sparkling Swimming Pool * Income and other restrictions apply Call Today for an appointment (405) 372-1150 320 E. McElroy RD, Stillwater, OK 74075

Great 2 bedroom townhouses Tamarack Village, Move in ready. Ask about our move-in specials. Call today 405-372-7395

1 & 2 BR Apts w/ FREE Amenities + Golf Privileges!!

Ph. I 405-372-9910 Ph. II 405-707-7400 LindseyManagement.com Prof. Managed by Lindsey Mgmt. Co., Inc.

HENNEBERRY PROPERTIES at Oak Park Village is now offering spacious floor plans for 1 & 2 BD Apartments. Stop by our office today and play our plinko game & save money off your 1st months rent or deposit. 2903 N. Perkins Rd. 405743-4266.

5

372-5000 ext 241 or 240

Call Gracie at Ext. 240 or 241 Or e-mail at classifieds@stwnewspress.com

Stillwater NewsPress • Friday, February 13, 2015

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.

Real Estate Rentals

We accept:


Map

Amethyst Ave.

Quartz Dr.

Hartford

Richmond Hill Rd.

Washington St.

Park Pl. Tower Park Dr.

North

gate Dr .

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Perkins Rd. 177 Airport Rd.

Teal St.

Bluestone St.

Willis St.

Silverdale

Park Dr.

Star Dr.

Jardot Rd. Marine Rd.

Dr. Park Cr.

Walnut St. 22nd Av.

22nd Av.

t. is S Lew

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Main St.

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35th Av.

Fern St.

West St.

32nd Av. 34th Av.

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44th Av.

Hunters Cr.

Deerfield Dr.

Wild Turkey Pas

Vista Ct.

s

44th Av.

Jardot Rd.

Perkins Rd.

Timberline Dr.

Husband St.

Western Rd.

Sangre Rd.

4

Washington St.

Fountain View Ct.

Forest Trail Ct.

Cottontail Ln.

Katy

Henderson St.

Hightower St. Dr.

Raintree Av.

177

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4th Av.

Eastgate St.

Villa Dr.

Drury Ln.

Crestwood Cr.

Denver St. St.

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3rd Av. 4th Av.

Peach Tree Av. Stonegate Av.

19th Av.

Main St.

Husband St.

Knoblock St.

Cambridge Dr.

Pioneer St.

37th Av.

Av.

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Lydia Ln.

19th Av.

. Rd

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Jardot Rd. 16th Av.

Payne St.

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Timbercrest Dr. Timbercrest Cr.

4th Av. 4th Av.

25th Av.

Mar Vista St. 28th Av.

Young St.

Wedgewood Dr.

Cottonwood Dr.

Crestwood Dr. Crestwood Ct.

24th Av.

26th Av.

S. Westchester St.

Young St. Jardot Rd.

Payne St.

Wedgewood Ct. Wedgewood Dr.

Eastern Av.

Payne St.

Grandview St.

Skyline Ln.

Matthews Av. Virginia Av.

Blair St. Payne St.

Stallard St.

Manning St.

Donaldson St.

Birchwood Ct. son Ct. Wedgewood

12th Av.

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Pennsylvania St.

Lowry St.

17th Av. 18th Av.

Connell Ct. Connell Av. Cedar Ct.

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9th Av.

Hartford St.

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Pl.

Leigh St.

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Hartford St.

Lowry St.

Chester St.

Fern St.

12th Av.

Chester St. Fern St.

Lewis St.

Husband St. Husband Pl.

Main St.

Duncan St.

11th Av.

Whitney Ct. McElroy Rd.

7th

7th Av.

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Denver Ct. Denver St.

Skyline St.

Canyon Rim Dr.

Skyline St.

Briarwood Dr.

Grandview Ct. Grandview St.

Manning St.

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Karr Ct.

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Duncan St.

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

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Manning St.

Berry Ct. Arrington Ct. Arrington Dr.

Hartford St. Dryden St. Redbud Ct. Dryden St.

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Star St.

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Dryden St.

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Blakely St. Stanley St.

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Gray St.

Orchard St.

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McFarland St. Kings St.

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Virginia Av.

Virginia Av.

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Ramsey St.

Washington St. Bellis St.

Hester St.

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Kerr St.

Miller Av.

Lakeview Rd.

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

Connell Av.

Hall of Fame Av. Mathews Av.

8th Av.

Deer Crossing Dr.

Pheasant Eagle Creek Ave. Ridge Ave.

Camden

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12th Av.

11th Pl.

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Dryden Cr.

Hanson

19th Av.

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Murray Ct.

Connell Av.

Western Rd.

Ln.

Celia

Surrey Dr.

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Augus

Culpepper

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Kings St. Orchard St.

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7th Av.

31st Av.

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Scott Av.

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24th Av. August Dr. Cambridge Ct.

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18th Av.

20th Av. 21st Ct.

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Cantwell Av.

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13th Av. 14th Av.

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Murphy St. Davinbrook Ln.

Fairfield Dr.

Fairfield Dr. Mansfield St. r Ridge Ct.

Hillside St.

Westbrook Ct. 15th Av.

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Chapel Hill

Pioneer St.

Sangre Rd.

Squires St. Shumard Ct. Oak St. W. Shumard Dr.

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8th Av.

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Stillwater NewsPress • Friday, February 13, 2015

ks Ashbury

shire

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Oakdale

Westridge St. Hillside Ct.

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Windsor Dr. 2nd Ct. Kea ts D r.

2nd Av.

Ramsey St.

Lincoln St.

n St. Monroe St. Jefferson St.

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d St.

Scott Av.

Knoblock St.

Garfield St. Cleveland St.

St.

Keller Dr.

Ramsey St.

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

Ivy Ct.

Liberty Ct.

McDonald St.

McFarland St.

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Ramsey St.

Willis St. Ridge Rd.

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St. Tyler Av.

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

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Hall of Fame Av.

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Thomas Av.

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Parkway Dr.

Lakeridge Av.

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Airport Rd.

Newman Av.

Hillcrest Av.

Tobacco Rd.

Preston Ln.

State Ln.

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Dr.

Harned Av. Madison Ct.

Harned Av.

Av.

ore

W

Newman Av. Hillcrest Av. Brown Av.

Memory Ln. Country Ln.

Cheyenne Av. Arapaho Av.

Lake Sh

Liberty

Evergreen

Dr.

rie

Ramsey St.

Airport Ln.

Monroe St.

W rig ht

Dr .

Land Run Dr.

Hartwood Av.

Dr.

t.

Knoblock St.

Ranch Av.

age

nC

Ute Av.

Cherokee Av.

Os

se

Rogers Dr.

Stillwater Municipal Airport

Fisher Provence 3. 2721 N. Park Cr. 1-3 ...................................... April

Wil lia

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

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Washington St.

One Broker Place 2. 5608 E. 68th 1-3 .......................................... Jason

mC t.

Team Stillwater llwater 4. 4921 Briarcreek 1-3 ................................... Jerika 5. 23 Summit Cr. 3-4 ...................................... Jerika 6. 2214 S. Walking Trail Dr. 1-3..................Dennis

Richmond Rd.

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

Golf Dr.

Rog

Collegetown Real O State 1. 3204 Redlands Rd. 1-3...................................Jim

Benjamin

nd St. Husba

Richmond Rd.

Lynn Ln.

Richmond Hill Ct.

Husband Pl. Northgate Dr.

Duncan

• All Open Houses are Sunday unless otherwise indicated.

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

Chateau Ct.

Chateau Dr.

Chateau Pl. Peaceable Acres Rd.

Hunters Ridge

Week of Sunday, February 15, 2015

Burris Rd.

Burris Rd. 177

Springfield St.

OPEN HOUSE

McMurtry Rd. R


ABOUT REAL ESTATE By David W. Myers

Wick A

& ssociates

R E A LT Y

MLS

1SPGFTTJPOBM 1SPQFSUZ .BOBHFNFOU 1SPGFTTJPOBM 3FBM &TUBUF 4FSWJDFT

any other type of contract. That could be a huge problem if his illness eventually gets to the point where he must be moved to a full-timecare facility, because he likely then would lack the legal capaci-

ty to understand the decision he was making. Consult an attorney soon to discuss your options. One solution might be to ask a judge to appoint an independent conservator,

such as a trusted relative or friend, who could legally act on your husband’s behalf. Most states don’t allow a spouse to act as a conservator, in part because it could create a conflict of interest.

Twi er: @teams llwater

(405)372-8326 (TEAM)

Facebook: teams llwaterrealtors

View online: www.TeamS llwater.com

Descrip ons

Price

6 Lots—W. Villas Court Ranging from $23,000—$27,000 E. 6th (E. of Jardot St)

would be “cotrustees� while he’s still competent to make decisions on his own. But if his condition worsens, you could sell the home yourself and make other key decisions on his behalf.

Follow us:

520 S Knoblock St.

Address

If your husband still has most of his mental faculties intact, the lawyer might instead suggest that you create a basic living trust and put your home and other assets into it. The two of you

Realtor Mike/ Mary

Price

Realtor

3524 S Husband St

Address

Descrip ons SALE PENDING.

$250,000

Mike/Mary

424 S Orchard

SALE PENDING

$257,000

Mary/ Mike

$39,500

Delphine

4724 W Country Club Dr LOT — 130 x 130 approx.

$40,000

Mike/ Mary

3320 Fox Ledge Dr

$45,000

Paulette

1220 W 12th

LOT — 2.34 acres m/l

$258,000

Mike/ Mary

LOT — .30 acres m/l

LOT — Stoneridge Estates/ 1.09 acm/l

123 E El Paso, Yale

3 BD/ 1 BA/ 955 sq ft/ 3 lots

Connie

223 S Jardot

5 acm/l —Numerous Possibilities

$300,000

Delphine

901 Liberty

SALE PENDING

REDUCED $55,000 $80,000

Delphine

5305 S Hartford St

3 BD/ 2 BA/ 30 acm/l

$310,000

Mike/ Mary

2222 W 23rd Ave

SOLD

$110,000

Connie

3012 W Montera

4 BD/ 3 BA/ 2385 sq ft

$324,000

Paulette

23 Summit Circle

2 BD/ 2 BA/ 1430 sq ft

2223 Copperfield

SALE PENDING

$375,000

Mary/ Mike

805 Park Place

SALE PENDING

$130,000

Connie

5920 W 53rd Street

SALE PENDING

$378,500

Paulette

6821 Fawn Creek Rd

4 BD/ 2.5 BA/ 1836 sq ft

$130,000

Connie

3706 S Persimmon

5 BD/ 3 BA/ 3521 sq ft

$440,000

Connie

9311 S Mehan Rd

2 BD/ 2 BA/ 1414 sq ft

$134,900

Connie 4700 N Washington

3 BD/ 3 BA/ 10 acres m/l

$469,000

Mike/ Mary

2301 W 9th Ave

SALE PENDING

$155,000

Mary/ Mike 4921 Briarcreek

5 BD/ 4 BA/ 3627 sq ft

$475,000

Connie

1611 S Hillside St

SALE PENDING

$167,000

Connie 2214 S Walking Trail Dr

4 BD/ 3.5 BA/ 4105 sq ft

$519,000

Dennis

1706 S Westridge St

SALE PENDING

$175,000

Mike/Mary 1919 S Walking Trail Dr

4 BD/ 3.5 BA/ 4595 sq ft

$579,000

Mike/ Mary

2015 E Mathews Ave

SALE PENDING

$179,000

Connie

705 E Macy Lane

SALE PENDING

$199,500

Paulette

5002 W 2nd Ave

SALE PENDING

$235,000

Mike/ Mary

REDUCED $5000 $105,000

Jerika

REDUCED

OPEN HOUSES— Sunday, February 15, 2015 4921 Briarcreek — Jerika — 1-3 p.m. 23 Summit Cr — Jerika — 3-4 p.m. 2214 Walking Trail — Dennis — 1-3 p.m.

COMMERCIAL PROPERTY 715 S Husband, #3 & #5

2 office suites. Lawyer’s Building

$99,500

Mike/ Mary

122 & 210 E Richmond Rd

10.91 acres m/l

$499,000

Paulette

FEATURED SUBDIVISIONS Plats and Covenants Available! — Call 405.372.8326 for lot informa on / www.TeamS llwater.com BERRY CREEK KENSLOW FARMS

CAMDEN POND TIMBER LAKE ESTATES

4 .BJO t 4UJMMXBUFS 0,

372-0868 FOR SALE 3704 W. 47th 4 Bed/3.5 Bath 13 + - Acres Mary Davenport CRS/GRI Broker/Owner 405.747.5651

Connie Stokes GRI Broker Assoc. 405.612.0016

Delphine Heppel Broker Assoc. 405.612.1256

Paule e Kraybill GRI Realtor Assoc. 405.747.8830

Dennis Cyr CRS/GRI Realtor Assoc. 405.714.1799

Jerika Rosenquist Realtor Assoc. 405. 338.5521

Jack Borgen Realtor Assoc. 405. 612.7234

7

Wayde Strain 918-625-0038 www.wick-realty.com

Mike Lauvetz CRS/GRI Broker/Owner 405.747.8684

Stillwater NewsPress • Friday, February 13, 2015

When a spouse faces an uncertain medical future, an independent conservator can act on his or her behalf. This may allow the healthy spouse to sell assets such as a home to cover costly long-term-care expenses. DEAR MR. MYERS: My husband and I are both in our 70s. We have owned our home together for the past 38 years, but now he is showing early signs of dementia, and we’re both afraid that he’ll have to be placed in a special fulltime facility if his condition worsens. The cost would not be covered by Medicare. If he must be sent to a home, would I be able to sell our property myself to help pay for the cost of his care? ANSWER: No. Assuming that you and your spouse hold

title through the commonly used joint tenants with right of survivorship, or in the similar tenants by the entireties, both you and your husband would be required to sign a sales agreement or


Loan Continued from page 4 fluctuations or documentation discrepancies as soon as possible. When deciding to

move forward on purchasing a new home, it’s crucial to speak with a lender who is not only

knowledgeable and trustworthy but can review initial documentation and foresee any possible

issues that may arise during the mortgage process. This will save time, money and

heartache. Opinions expressed above are the personal opin-

ions of Michael Decker and meant for generic illustration purposes only. RCB Bank is an

Equal Housing Lender. RCB Bank NMLS #798151. Michael Decker MLO# 370522.

Open Sunday 1-3

Monthly Housing Statistics Data from Stillwater Board of REALTORS | December 2014 Area Delimited by Entire Stillwater MLS - Residential Property Type *

Absorption Rate:

December

Average Sales/Month 12 months prior to Dec 2013 is 69.4 Average Sales/Month 12 months prior to Dec 2014 is 68.4

2013

Closed Unit Sales Closed Volume Sales (x1000) Median Sales Price Average Sales Price Median Days on Market to Sale Average Days on Market to Sale Median Asked to Sold Ratio End of Month Inventory Months Supply (End of Month Inventory/Absorption Rate*)

2013 2014

CLOSED UNIT SALES

Year to Date

December

833

HOUSING STATISTICS

Stillwater NewsPress • Friday, February 13, 2015

62

62 9,373 141,250 151,181 88 120 96.75% 94.96% 280 4.03

2013 2014

Year to Date

161,661

2014

+/-%

833 134,664 145,000 161,611 87 117 97.40% 96.29% 280 4.03

821 141,590 150,000 172,460 81 110 97.97% 97.00% 254 3.71

-1.44% 5.14% 3.45% 6.68% -6.90% -5.63% 0.58% 0.74% -9.29% -7.96%

172,460

2013 2014

CLOSED VOLUME SALES

Year to Date

December

134.66M 141.59M

9.75M

-1.44%

AVERAGE SALES PRICE

183,977

-14.52% 4.03% 8.32% 21.69% 7.43% 1.33% 1.41% 2.67% -9.29% -7.96%

9.37M

-14.52%

2013

+/-%

821

53

December

2014 53 9,751 153,000 183,977 94 122 98.11% 97.50% 254 3.71

+4.03%

+5.14%

AVERAGE DAYS ON MARKET

2013 2014

Year to Date

December 120

122

117 110

151,181 +21.69%

+6.68%

AVERAGE ASKED TO SOLD RATIO December 97.50%

2013 2014

Year to Date

96.29%

97.00%

+1.33%

-5.63% 2013 2014

DECEMBER INVENTORY End of Month Inventory 280

Months Supply 4.03

254

3.71

-9.29%

-7.96%

8

94.96% +2.67%

+0.74%

2721 N. Park Circle

Year To Date (Jan-Dec)

$

107,500

Adorable brick 3 bed, 1.5 bath, 2 car garage home. Richmond Elementary. Windows have been replaced, wood laminate floor and carpet are both new. Updates include: water heater, dishwasher, both new within the last year, bathroom and kitchen fixtures replaced. Attractive paint colors. Home has security system, fenced backyard, wide flat driveway. Conveniently located by Boomer Lake, schools and shopping. Hosted by April Todd.

Page Provence (405) 612-0194

See more of this home at www.WeLoveSellingStillwater.com Fisher Provence, REALTORS®

377-1000


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