The Oklahoman Real Estate

10
F REAL ESTATE SATURDAY, JULY 9, 2011 THE OKLAHOMAN | NEWSOK.COM INDEX Barry Stone 3F Handy@Home 4F Permits 7F LISTING OF THE WEEK Near the mall The Listing of the Week is a custom-built, one-owner home near Penn Square Mall. PAGE 6F HOUSE PLAN Breezy living Smooth columns, clean lines and gently arched windows lend a breezy, sun-washed Mediterranean look to the Roselle. PAGE 6F Deals to be found Many markets are ready for purchas- ers willing to scout out deals on fore- closed property. PAGE 9F IN BRIEF TERRARIUMS GROW STYLISH Terrariums are back, but in much more stylish forms than their aquar- ium-type prede- cessors. Amy Bryant Aiello and Kate Bryant explore the artistic options in their new book, “Terrarium Craft: Create 50 Magical, Miniature Worlds.” The book covers the basics, such as choosing a contain- er and preparing a growing medium. But mostly the focus is on design, with dozens to choose from — beach themes, tiny desert scenes, fan- tasy designs and more. The authors also include plant- care tips, so your terrarium can be healthy as well as beautiful. “Terrar- ium Craft” is pub- lished by Timber Press and sells for $18.95 in softcover. DISPOSAL GUARD HAS MANY USES Dispose-It-Guard is designed to keep fingers out of the garbage disposal. The device is a sink stopper with a built-in tool for pushing food into the disposal. A twist of a handle opens holes to turn the stopper into a strainer, which helps keep small items from being dropped into the disposal accidental- ly. The pushing tool doubles as a food scraper. The device fits InSinkErator, Sears Kenmore and Badger disposals. It does not fit General Electric or Waste King products. Dis- pose-It-Guard sells for $16.95 plus ship- ping at www. disposalguard.com MCCLATCHY-TRIBUNE INFORMATION SERVICES It wasn’t supposed to be this difficult. After Michael Love and his fa- ther, Joe Love, bought the 160- acre slice of land on NW 122 in 2005, they came up with plans for a rustic neighborhood that would take advantage of the 17-acre pond burrowed within it. “We kind of wanted a little bit of a rustic flair and — not really country living, because it’s so close to the middle of town,” Mi- chael Love recalled. Neither was new to develop- ment. Joe Love built Leadership Square downtown in the early 1980s; the shiny, dominating of- fice building on N Robinson is considered his crowning achieve- ment. Both developed SilverHawk addition at NW 178 and Pennsyl- vania as well as neighborhoods in the Surrey Hills area. They drew the name Ponderosa Estates from condominiums Joe Love built in Colorado years be- fore. “We thought it would fit well here in dealing with a kind of rus- tic feel,” Michael Love said. But virtually no one saw the fi- nancial meltdown of 2007-2008 coming, much less its conse- quences. “I had three builders who were doing pretty well,” Michael Love said. “They’d build a couple (of houses), sell one, sell both, do a couple more — they had a pretty good routine going.” But after the housing market meltdown, activity dried up. “They were going along at a de- cent rate, and then that just stop- ped,” he said. Joe Love died in 2007, but his son kept the project going. Mi- chael Love brought in new part- ners and then teamed with broker Stephen Bridewell two years ago. Love and Bridewell have carefully charted a course that combines out-of-the-box thinking with old-fashioned footwork. “We’ve kept that plan simple,” Bridewell said. “It’s a written plan.” Developer Michael Love and broker Stephen Bridewell stand in the living room of a house built by Love in Ponderosa Estates, north of NW 122 between County Line and Council roads in far northwest Oklahoma City. PHOTOS BY PAUL B. SOUTHERLAND, THE OKLAHOMAN Ponderosa Estates developers’ plan is simple but not easy BY DYRINDA TYSON Special Correspondent [email protected] The clubhouse at gated Ponderosa Estates opened Memorial Day weekend. Developer Michael Love said the neighborhood amenity went in at an earlier stage than it would have in many additions. SEE PONDEROSA, PAGE 2F WASHINGTON — The set- tlement of a major class- action suit is shedding new light on a controversial real estate practice that home- buyers and sellers typically know little about: Fees paid to realty brokers and agents for promoting home warranty policies. The case involves po- tentially thousands of homebuyers and sellers who purchased warranty coverage from American Home Shield Corp. be- tween May 2008 and March of this year. Amer- ican Home Shield is the dominant player in the home warranty field, with sales of $657 million in 2010, according to the company. Home warranty policies offer repairs and replacements for owners when specified home sys- tems and appliances mal- function. Attorneys representing the plaintiffs say as many as 500,000 consumers may be members of the class- action suit, though neither they nor American Home Shield would speculate on how many ultimately will file for and receive cash from the settlement. In their suit, the plain- tiffs alleged that American Home Shield violated fed- eral law by paying kick- backs to realty brokerage firms and agents for pro- moting warranty policies to their customers. The Real Estate Settlement Procedures Act prohibits payments for referrals of “settlement services” in connection with most mortgage transactions. It also bans the giving or re- ceiving of fees or other compensation when no substantive services are rendered. American Home Shield denied any wrongdoing in the settlement and said it sought to limit its exposure to litigation costs by re- solving the dispute. The complaint, filed by home- owners in Alabama, in- volved payment of a $524 fee at closing for a one- year home warranty from American Home Shield. A portion of that amount al- legedly was paid to the re- alty agent by American Home Shield. Douglas R. Miller, exec- utive director of Consumer Advocates in American Real Estate and former head of a title insurance agency in Minnesota, calls payments to realty brokers and agents by home war- ranty companies “bribes,” whether clients know about them or not. The 1.1 million-member National Association of Realtors has argued that federal anti-kickback reg- ulations should not cover warranties because they are not “settlement ser- vices” and have no effect on the closing of a real es- tate transaction. In a letter to the Department of Housing and Urban Devel- opment — the chief regu- lator of the real estate set- tlement statute — the as- sociation argued that bro- kers and agents provide a valuable service in alerting sellers and buyers to the existence of warranties. HUD has disagreed, however. In an interpretive rule issued last summer, HUD said that “a real es- tate broker or agent active- ly promoting (a home war- ranty company) and its products to sellers or pros- pective homebuyers” for compensation is consid- ered to be making a “refer- ral” that violates federal law. If a case-by-case fac- tual analysis demonstrates that agents provided sub- stantive services beyond their normal duties, the department said, then the fees may not be in viola- tion — a ruling that Real- tors have said is unaccept- ably vague. Bottom line for you as a seller or buyer: Be aware of the practice and the legal controversy surrounding it. Ask for full disclosure on fees. And, before you sign up, go online and check out customer re- views for the company be- ing promoted. More than a few consumers aren’t hap- py about the service qual- ity they get for their $400 to $500. Ken Harney’s email address is [email protected]. WASHINGTON POST WRITERS GROUP Be cautious about home warranty policies Kenneth Harney THE NATION’S HOUSING Ellen James Martin SMART MOVES

description

The Oklahoman Real Estate

Transcript of The Oklahoman Real Estate

FREAL ESTATESATURDAY, JULY 9, 2011 THE OKLAHOMAN | NEWSOK.COM

INDEX

Barry Stone 3FHandy@Home 4FPermits 7F

LISTING OF THE WEEK

Near the mallThe Listing of theWeek is a custom-built,one-owner home nearPenn Square Mall.PAGE 6F

HOUSE PLAN

BreezylivingSmooth columns,clean lines and gentlyarched windows lenda breezy, sun-washedMediterranean lookto the Roselle.

PAGE 6F

Deals to be foundMany markets areready for purchas-ers willing to scoutout deals on fore-closed property.PAGE 9F

IN BRIEF

TERRARIUMSGROW STYLISHTerrariums areback, but in muchmore stylish formsthan their aquar-ium-type prede-cessors. AmyBryant Aiello andKate Bryant explorethe artistic optionsin their new book,“Terrarium Craft:Create 50 Magical,Miniature Worlds.”The book coversthe basics, such aschoosing a contain-er and preparing agrowing medium.But mostly thefocus is on design,with dozens tochoose from —beach themes, tinydesert scenes, fan-tasy designs andmore. The authorsalso include plant-care tips, so yourterrarium can behealthy as well asbeautiful. “Terrar-ium Craft” is pub-lished by TimberPress and sells for$18.95 in softcover.

DISPOSALGUARD HASMANY USESDispose-It-Guard isdesigned to keepfingers out of thegarbage disposal.The device is a sinkstopper with abuilt-in tool forpushing food intothe disposal. Atwist of a handleopens holes to turnthe stopper into astrainer, whichhelps keep smallitems from beingdropped into thedisposal accidental-ly. The pushing tooldoubles as a foodscraper. The devicefits InSinkErator,Sears Kenmore andBadger disposals. Itdoes not fit GeneralElectric or WasteKing products. Dis-pose-It-Guard sellsfor $16.95 plus ship-ping at www.disposalguard.com

MCCLATCHY-TRIBUNEINFORMATION SERVICES

It wasn’t supposed to be thisdifficult.

After Michael Love and his fa-ther, Joe Love, bought the 160-acre slice of land on NW 122 in2005, they came up with plans fora rustic neighborhood that wouldtake advantage of the 17-acre pondburrowed within it.

“We kind of wanted a little bit ofa rustic flair and — not reallycountry living, because it’s soclose to the middle of town,” Mi-chael Love recalled.

Neither was new to develop-ment. Joe Love built LeadershipSquare downtown in the early1980s; the shiny, dominating of-fice building on N Robinson isconsidered his crowning achieve-ment. Both developed SilverHawkaddition at NW 178 and Pennsyl-vania as well as neighborhoods in

the Surrey Hills area.They drew the name Ponderosa

Estates from condominiums JoeLove built in Colorado years be-fore.

“We thought it would fit wellhere in dealing with a kind of rus-tic feel,” Michael Love said.

But virtually no one saw the fi-nancial meltdown of 2007-2008

coming, much less its conse-quences.

“I had three builders who weredoing pretty well,” Michael Lovesaid. “They’d build a couple (ofhouses), sell one, sell both, do acouple more — they had a prettygood routine going.”

But after the housing marketmeltdown, activity dried up.

“They were going along at a de-cent rate, and then that just stop-ped,” he said.

Joe Love died in 2007, but hisson kept the project going. Mi-chael Love brought in new part-ners and then teamed with brokerStephen Bridewell two years ago.Love and Bridewell have carefullycharted a course that combinesout-of-the-box thinking withold-fashioned footwork.

“We’ve kept that plan simple,”Bridewell said. “It’s a writtenplan.”

Developer Michael Love and broker Stephen Bridewell stand in the living room of a house built by Love in Ponderosa Estates, north of NW122 between County Line and Council roads in far northwest Oklahoma City. PHOTOS BY PAUL B. SOUTHERLAND, THE OKLAHOMAN

Ponderosa Estates developers’plan is simple but not easy BY DYRINDA TYSONSpecial [email protected]

The clubhouse at gated Ponderosa Estates opened Memorial Dayweekend. Developer Michael Love said the neighborhood amenitywent in at an earlier stage than it would have in many additions.

SEE PONDEROSA, PAGE 2F

WASHINGTON — The set-tlement of a major class-action suit is shedding newlight on a controversial realestate practice that home-buyers and sellers typicallyknow little about: Feespaid to realty brokers andagents for promotinghome warranty policies.

The case involves po-tentially thousands ofhomebuyers and sellerswho purchased warrantycoverage from AmericanHome Shield Corp. be-tween May 2008 andMarch of this year. Amer-ican Home Shield is thedominant player in thehome warranty field, withsales of $657 million in2010, according to thecompany. Home warrantypolicies offer repairs andreplacements for ownerswhen specified home sys-tems and appliances mal-function.

Attorneys representingthe plaintiffs say as many as

500,000 consumers maybe members of the class-action suit, though neitherthey nor American HomeShield would speculate onhow many ultimately willfile for and receive cashfrom the settlement.

In their suit, the plain-tiffs alleged that AmericanHome Shield violated fed-eral law by paying kick-backs to realty brokeragefirms and agents for pro-moting warranty policiesto their customers. TheReal Estate SettlementProcedures Act prohibitspayments for referrals of“settlement services” inconnection with mostmortgage transactions. Italso bans the giving or re-ceiving of fees or othercompensation when nosubstantive services arerendered.

American Home Shielddenied any wrongdoing inthe settlement and said itsought to limit its exposure

to litigation costs by re-solving the dispute. Thecomplaint, filed by home-owners in Alabama, in-volved payment of a $524fee at closing for a one-year home warranty fromAmerican Home Shield. Aportion of that amount al-legedly was paid to the re-alty agent by AmericanHome Shield.

Douglas R. Miller, exec-utive director of ConsumerAdvocates in AmericanReal Estate and formerhead of a title insuranceagency in Minnesota, callspayments to realty brokersand agents by home war-ranty companies “bribes,”

whether clients knowabout them or not.

The 1.1 million-memberNational Association ofRealtors has argued thatfederal anti-kickback reg-ulations should not coverwarranties because theyare not “settlement ser-vices” and have no effecton the closing of a real es-tate transaction. In a letterto the Department ofHousing and Urban Devel-opment — the chief regu-lator of the real estate set-tlement statute — the as-sociation argued that bro-kers and agents provide avaluable service in alertingsellers and buyers to theexistence of warranties.

HUD has disagreed,however. In an interpretiverule issued last summer,HUD said that “a real es-tate broker or agent active-ly promoting (a home war-ranty company) and itsproducts to sellers or pros-pective homebuyers” for

compensation is consid-ered to be making a “refer-ral” that violates federallaw. If a case-by-case fac-tual analysis demonstratesthat agents provided sub-stantive services beyondtheir normal duties, thedepartment said, then thefees may not be in viola-tion — a ruling that Real-tors have said is unaccept-ably vague.

Bottom line for you as aseller or buyer: Be aware ofthe practice and the legalcontroversy surroundingit. Ask for full disclosureon fees. And, before yousign up, go online andcheck out customer re-views for the company be-ing promoted. More than afew consumers aren’t hap-py about the service qual-ity they get for their $400to $500.

Ken Harney’s email address [email protected].

WASHINGTON POST WRITERS GROUP

Be cautious about home warranty policiesKennethHarney

THE NATION’S HOUSING

EllenJamesMartin

SMARTMOVES

2F SATURDAY, JULY 9, 2011 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Building excitementLove, who also is a

homebuilder, has steppedinto the breach, buildingsix houses in the past year,a couple of which havesold.

And they’ve signed upPonderosa Estates as afeature development inOctober’s Parade ofHomes. “We’re really ex-cited about that,” Lovesaid. “We want people torealize there’s stuff furtherout west.”

Ponderosa Estates of-fers large lots, averaging180 feet by 140 rather thanaround 70 feet by 120 feetin other developments,and the space lends it a ru-ral feel that belies howclose it is to most points ofOklahoma City. It’s only a20-minute drive, for ex-ample, from the Chesa-peake Energy Corp. cam-pus, Love said. “The ac-cess is there.”

And, with a 2,200-square-foot minimum, sois the space.

“I was officing out ofmy garage, and we werewanting something a littlebit bigger,” said Tim Todd,who moved into theneighborhood about twoyears ago. He and his wife,Janine, were drawn to onehouse because it offered alarge room just right fortheir purposes.

“It looked more like anentertainment room, butwe wanted it for an office,”he said. “So that was kindof a win-win.”

Ponderosa Estatesdidn’t start out as a gatedcommunity, Love said.“But once the folks movedin here, they thought itwould be a good idea.”Most liked the idea of a lit-tle extra security since theneighborhood is “kind ofout here,” he said.

Everyone living there atthe time had to sign off onit, he said, and the gatewas installed in 2008.

And has it been a draw?Love and Bridewell wereemphatic: “Yes.”

Clubhouse effectMore than 30 families

live in the neighborhoodnow, Love said. Walkingand bike trails are on the

drawing board, and a newclubhouse, complete witha swimming pool andplayground, opened Me-morial Day.

“We discussed the sign‘Clubhouse coming soon’just wasn’t going to cut itfor too much longer,”Bridewell said. So he andLove raised the capital tobuild a clubhouse them-selves.

Normally a developerwon’t put in a clubhouseuntil there are enoughdues-paying residents in aneighborhood to supportit.

“Right now the expens-es are falling on me, but I

believe it’s well worth it ifwe can sell the rest of theselots,” Love said.

The clubhouse will senda clear message to build-ers, Love said, that he andhis partners are commit-ted to moving forwardwith the development. Italso gives them a placewhere they can stageevents for real estateagents and groups. “All tohelp get the word outabout Ponderosa,” Bride-well said.

Getting the word out is abig part of their profes-sional mission, as theystage presentations atchamber meetings and re-

al estate gatherings. It alsomeans rethinking how andwith whom they work.

“We work in harmonywith other builders, Real-tors, brokers. There’s no...” Bridewell paused a longtime, considering hiswords, “lines drawn.”

Has it turned aroundPonderosa Estates’ for-tunes?

Bridewell said he isn’tsure. “I’d be confident insaying we’ve turnedaround in our thinking,”he said.

“The traffic has beenthe main key in what we’veseen,” Love said. “Thetraffic has picked up.”

Ponderosa: Began without a gate

The master bath at 8504 NW 123 shares doubledoors with the master bedroom.

FROM PAGE 1F

The barrel ceiling in the entry is a defining feature of the house Michael Love builtat 8504 NW 123. PHOTOS BY PAUL B. SOUTHERLAND, THE OKLAHOMAN

A playground is next to the new clubhouse at Ponderosa Estates.

Homeowner Tim Todd stands in front of his home at 8513 NW 124 in the Ponderosa Estates addition.

THE OKLAHOMAN | NEWSOK.COM SATURDAY, JULY 9, 2011 3FREAL ESTATE

DEAR BARRY: Thepeople who are buyingmy house just invaded myspace with a nosy homeinspector, and you shouldsee the crazy repair listthey hit me with. Just forsamples, they want re-placement of some mold-ings, a new bathtub drainstopper, replacement ofloose bathroom tiles,replacement of the win-dow wells, extend thebathroom vent from theattic to the exterior, andhave the air conditionerchecked. Oh yeah, theyalso want the house treat-ed for termites, and it’s

only been five years sincewe killed all those bugs.Anyway, that’s what theywant done. Nothing ma-jor, just petty things. Isthis normal today whenyou sell a home?

DaleDEAR DALE: Home

inspection is a routine

process today in nearly allhome purchases. In mosttransactions, sellers arenot required to repairevery defect that is listedin the inspection report.In your case, some of therepair requests are rea-sonable, while othershave a nitpicky flavor.

Minor items not worth ahaggle include loosemoldings and the faultydrain stopper in the bath-tub. Items of greater im-port are the bathroomexhaust fan, becauseventing to the attic is notlegal, and the recom-mendation to have the air

conditioner professionallyserviced.

Negotiable conditions,those that may or maynot be serious, includedefective window wellsand loose tiles. You didn’tmention what is wrongwith these components.In each case, however,there is the potential formoisture intrusion, andthis could be significant.

In most states, termiteinfestation is not includedas part of a home in-spection. Such conditionsare typically evaluated bya licensed pest controloperator. Five years, by

the way, is more thanenough time for termitesto reinvade a home.

The main thing to keepin mind is that repair listsarising from home in-spections can be viewedas requests, rather thandemands. Except for re-pairs and upgrades re-quired by law or specifiedin the purchase contract,all property defects arematters to be negotiatedbetween buyers and sell-ers.

To write to Barry Stone, visit him on theweb at www.housedetective.com.

ACTION COAST PUBLISHING

Home inspection repair list irks sellerBarryStone

INSPECTOR’S IN THEHOUSE

Home inspection is a routine processtoday in nearly all home purchases. Inmost transactions, sellers are notrequired to repair every defect that islisted in the inspection report.

VIENNA, Va. — Reports oflikely mortgage fraud in-creased sharply during thefirst quarter as big bankstook another look at loandocuments questioned bymortgage insurers and in-vestors, according to theTreasury Department bu-reau that tracks such re-ports.

The Financial CrimesEnforcement Networksaid it received 25,485 tipsabout possible mortgagefraud in the first threemonths of the year, up 31percent from the 19,420 itreceived in the same peri-od a year ago.

The bureau receives thetips, also called suspiciousactivity reports, because itenforces the law requiringbanks to tell the govern-ment about questionablefinancial transactions.The agency helps track il-legal money transfers,catch money launderersand shut down accountslinked to corrupt politicalleaders.

Mortgage-fraud reportsincreased sharply becausemortgage investors andinsurers are demandingthat banks buy back bil-lions of dollars in loansthat appear to be fraudu-lent, the bureau said.

When banks bundledloans into bonds or resoldthem, the bonds were in-sured against default bybond insurers and the gov-ernment-controlledmortgage giants FannieMae and Freddie Mac. Toprotect the insurers, thebanks agreed to buy backany loans that turned outto involve mortgage fraud.

After the housing mar-ket cratered and thou-sands of loans went intodefault, bond insurers andbuyers started flaggingloans that they suspectedof fraud. They say thebanks are obligated to re-buy the loans.

The banks are taking acloser look at the paper-work to see whether theclaims by insurers and in-vestors hold up. In thou-sands of cases, they arefinding fake documentsand payment methods,the bureau said.

Top lenders Bank ofAmerica Corp., Wells Far-go & Co. and JPMorganChase & Co. face some ofthe biggest repurchasedemands.

MortgagefraudreportsincreaseBY THE ASSOCIATED PRESS

If You Have Something To SellClassified Can Do It — Call 475-3000

4F SATURDAY, JULY 9, 2011 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Q: I work at a statecollege in Ohio that of-fers us various safetyclasses. We were taughtby an environmentalengineer certified toteach about asbestos inthe workplace.

We were taught thatthe federal governmentallows the homeownerto abate the homeown-er’s own asbestos-con-taining products. Wewere taught the federalrules allow the home-owner to dispose of hisresidential asbestoswaste at the curb forpickup by the local citytrash department with-out any special mark-ings on the garbagebags as to the asbestoscontents within thebags.

We were taught anycontractor for hire re-moving asbestos out ofany home or commercialenterprise must follownumerous rigid and ex-pensive safety precau-tions that the homeown-er is exempt from fol-lowing if the homeown-er does his ownabatement.

Is this true?A: Asbestos removal is

typically regulated by theindividual states, undertheir departments of en-vironmental quality orenvironmental protectionagencies. Many statesallow homeowners toremove small amounts ofasbestos on their own.And while you’re correctthat they typically don’tneed to follow the sameair scrubbing and airmonitoring proceduresrequired of professionalcompanies, they do needto comply with a numberof safety regulations fortheir own protection andthe protection of others.

I’m really surprisedthat any safety trainerwould have said it’s OK to

leave asbestos in un-marked bags at the curbfor trash pickup. Asbestosneeds to be in clearlymarked bags, and it needsto be disposed of at land-fills that accept that typeof material. Leaving it inunmarked bags at thecurb poses a potentialhazard to sanitationworkers and others, andshould never be done.

For your state, youshould contact the OhioEnvironmental ProtectionAgency at www.epa.state.oh.us to obtain its specificrules and requirements.

Q: I have an existing24-foot-by-12-foot-deepdeck that’s attached tomy house. We had toraise the yard grade toaccommodate a newseptic system. Our deckneeds to be raised a footso we can grade awayfrom the house. Thecurrent deck has a stepdown from the house, soraising it would still keepthe deck below the en-trance to the house. Wetook the boards off, andthe understructure is ingreat shape. The deck issupported by six cementfootings across the frontand middle, and theback is attached to thehouse with a ledgerboard. Is there any waywe can raise the struc-ture without taking itapart? Can we cut it insections?

A: Because you havealready removed the deckboards, I would suggestinstalling a new ledgerwith new joist hangers inthe desired location. Then

transfer each of the exist-ing joists from the currentledger to the new ledger— they will sit at an angletemporarily — and thenraise the opposite ends ofthe joists by installingtemporary framing underthem. That will allow youto then extend or replacethe existing posts andgirders up to the joists.Secure the joists back tothe girders, remove thetemporary framing, andreinstall the deckingboards.

Depending on whattype of access you have tothe yard, you might alsowant to get a price onhaving a crane companysimply lift the entire deck,allowing you to keep ev-erything intact and justadd new posts. In theright circumstances, thiscan be a quick and cost-

effective option.Q: Does landscaping

add to the value of ahome? I mean, if youspend about $8,000 inlandscaping, can thisamount be consideredwhen pricing your homefor sale?

A: Selling a home is allabout appealing to thegreatest number of po-tential buyers, and addinglandscaping is one way todo that. It makes thehome considerably moreappealing, especially fromthe front — that all-im-portant “curb appeal” —and good landscapingadds to a buyer’s overallsense that the home hasbeen well-maintained.

How much value thelandscaping adds from amonetary standpointdepends on several things,including the overall price

of the home in compari-son to others in the area;how well landscapedcompeting homes are;how fast or slow homesare selling in the area; andhow quickly you need tomake a sale. Your best betis to talk with a real estateagent who’s experiencedwith homes in your area,and discuss exactly howmuch landscaping to addand how much you might

reasonably expect to getback on your investment.

Don’t forget that thecost of adding landscap-ing, as with all otherhome improvements,should be deductibleagainst any capital gainstaxes you incur when yousell the home.

Remodeling and repair questions? EmailPaul at [email protected].

INMAN NEWS

Rules for asbestos removal vary by state PaulBianchina

HANDY @ HOME

Maria Gore, owner of the Decorating Den Interiorsfranchise in Oklahoma City, attended the company’s an-nual design and trade show in Phoenix.

“Always a highlight of my year, the training provided atthis annual conference not only gives my business a tre-mendous boost, but also offers me the opportunity to ex-pand my product line. This year our design center fea-tured nearly 75 vendors, all brand name top quality com-panies. Each of these companies partner with me, so thatI can bring the very latest in design and product trends toeach of my clients,” Gore said.

Established in 1969, the company has nearly 500 fran-chise and decorators worldwide.

City franchise owner goesto trade show in PhoenixFROM STAFF REPORTS

EDMOND — AmandaJenkins has rejoined Chur-chill Brown & AssociatesRealtors as a residential re-al estate sales associateworking from the Edmondoffice at 201 N Bryant.

She holds a bachelor’sdegree in psychology fromthe University of CentralOklahoma and has workedin medical office manage-ment. She has been sellingreal estate for five years.

Amanda Jenkins rejoinsChurchill Brown in Edmond

Amanda Jenkins

THE OKLAHOMAN | NEWSOK.COM SATURDAY, JULY 9, 2011 5FREAL ESTATE

WASHINGTON — U.S.home prices rose for thesecond straight month inMay according to a privatedata analysis firm, raisinghopes that prices may havefound a bottom.

Single-family homeprices rose 0.8 percent inMay after a revised 1.3-percent gain in April, ac-

cording to a report fromCoreLogic.

Excluding distressedsales, prices rose 1.2 per-cent, the third consecutivemonthly gain.

“Two consecutivemonths of month-over-month growth and contin-ued relative strength in thenon-distressed marketsegment are positive sea-sonal signs in the housingmarket,” said Mark Flem-

ing, chief economist forCoreLogic.

Distressed sales includeshort sales and propertiesowned by lenders due toforeclosures.

Federal Reserve BoardChairman Ben Bernankereferred to the stability ofnon-distressed homeprices during a recentnews conference, sayingthat if distressed proper-ties could be cleared, it

would stabilize the mar-kets and help give peopleconfidence that they arenot buying a home in afalling market.

Paul Dales, senior U.S.economist at Capital Eco-nomics, said the report isnoteworthy for its absenceof bad news and not a signthat home prices are aboutto rebound.

He noted that the Core-Logic data are not season-

ally adjusted and most ofthe recent pickup is thenormal seasonal upturntriggered by better weath-er and the end of theschool year.

“We need to know whathappens next” before wecan declare things are get-ting better, Dales said.

On a year-over-year ba-sis, the CoreLogic homeprice index declined by 7.4percent in May, after a 6.7

percent drop in April.Excluding distressed

properties, prices weredown 0.4 percent over thelast year.

The CoreLogic indexwas down 32.7 percentfrom the peak hit in April2006. Excluding dis-tressed transactions, theindex was down 21.2 per-cent.

MCCLATCHY-TRIBUNE INFORMATION SERVICES

Home prices up for second straight month BY GREG ROBBMarketWatch

Zsa Zsa Gabor’s long-time Bel-Air estate hascome on the market at $15million.

Gabor’s ninth husband,Frederic Prinz von Anhalt,had announced in Januarythat the couple hoped tosell the house for $28 mil-lion. More recently, he ex-pressed a desire to down-size to a modern buildingwith security for him andhis wife, 94, who has beenin and out of the hospitalfor hip replacement, legamputation and pneumo-nia.

“I want to move her intosomeplace safe and morecomfortable — a luxuryhigh-rise condo,” he saidin an interview. “Thishouse is old, you know.”

The French Regency-style mansion sits on a 1-acre gated promontorywith views of downtownLos Angeles, Santa Catali-na Island and the ocean.

The 28-room home,built in 1955, has a formalsitting room with an an-tique French fireplace, anoversized dining roomwith city views, a butler’spantry off the kitchen andstaff quarters. Four bed-rooms, five bathrooms anda half-bath lie within6,393 square feet of livingspace.

Former residents in-

clude Howard Hughes andElvis Presley. Gaborbought the house in 1973for $280,000.

Her scores of TV andfilm appearances include astarring role in “MoulinRouge” (1952) and guestappearances on “The Hol-lywood Squares” in the1960s and ’70s and “TheNew Hollywood Squares”in the ’80s.

Rocky’s retreat

Sylvester Stallone haslisted a lakefront retreat inThousand Oaks, Calif., for$4,495,000.

Set on about 1.75 acreson Lake Sherwood, theproperty has more than500 feet of waterfront. The3,600-square-foot mainhouse, built in 1946, hasthree bedrooms and three

bathrooms. Additionalstructures include a boathouse, guest quarters andcaretaker’s quarters.

It has been 35 years sinceStallone, 64, first starredas boxer Rocky Balboa in

the “Rocky” movie series.The man who went on toplay John Rambo in “FirstBlood” (1982) more re-cently starred in “The Ex-pendables” (2010).

Public records show he

bought the house in 2008for $4.85 million. An adja-cent lot he bought at thesame time is listed at $1.65million.

MCCLATCHY-TRIBUNE INFORMATION SERVICES

Zsa Zsa Gabor’s home is on the market, dahlingBY LAUREN BEALELos Angeles Times

Keller Williams Realty,1624 SW 122, has addedCrystie Fogle as a residen-tial real estate sales associ-ate.

Crystie Fogle

Keller Williamsadds associate

6F SATURDAY, JULY 9, 2011 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Smooth columns, cleanlines and gently archedwindows lend a breezy,sun-washed Mediterrane-an look to the Roselle. Araised stucco planterwraps around the innerfront corner of the garage,accentuating its archedwindows. Foliage andflowers will be see in theirbest light here, against theuncluttered stucco back-drop.

This midsize home is allon one level, so it could beeasily adapted for wheel-chair accessibility. It hasfour bedrooms, plus avaulted den or guest roomthat could be used as ahome office. If desired, adoor can be added for di-rect access from the frontporch.

Natural light illuminatesthe entry, spilling inthrough a sidelight andtransom. An arched open-

ing on the left leads into aroom that could be fur-nished as a parlor or diningarea.

The centrally locatedbathroom is convenient toeverything. Next to it, asecond arched openingfeeds into the combinationfamily room, nook andkitchen. Family andfriends will love spendingtime in this window-rich,spacious area.

Sliding doors in thenook offer patio access,handy for outdoor mealswhen the weather is con-genial. A fireplace fills onerear corner of the vaultedfamily room. Its colorfulflames offer a warm, re-laxing balm on dark nightsand dreary days.

Two or three cooks caneasily combine culinaryefforts in this large kitch-en. Counters and cup-boards are in abundant

supply, including a walk-in pantry. The long workisland across the room isrimmed with a raised eat-ing-conversation bar.

Double doors open intothe Roselle’s large owners’suite. Luxuries include aroomy walk-in closet anda private bathroom withdual vanity, cultured mar-ble walk-in shower andenclosed toilet.

For a review plan, including scaled floorplans, elevations, section and artist’sconception, send $25 to AssociatedDesigns, 1100 Jacobs Drive, Eugene, OR,97402. Please specify the Roselle30-427 and include a return addresswhen ordering. For more information,call (800) 634-0123.

HOUSE PLAN

The Roselle offersbreezy, sunny living

The Listing of the Week is a custom-built, well-maintained, one-owner homenorth of Northwest Expressway and westof Pennsylvania Avenue and Penn SquareMall.

The 2,265-square-foot home at 2216NW 56 has three bedrooms, two baths, afamily room with built-in bookcase andfireplace, a formal living room with ceil-ing fan, a study and attached two-car ga-rage. The kitchen has eating space. Amorning room overlooks a landscaped

backyard. All bedrooms have ceiling fans.The home has recent paint inside and out,a porch, covered patio, open patio, under-ground sprinkler system, security systemand a 2010 roof.

The home, built in 1956, is listed for$265,000 with Nancy Kimberling of Pru-dential Alliance Realty. For more infor-mation, call 348-7910 or 830-9048.

Nominations for Listing of the Week are welcome. Sendinformation on single-family homes to The Oklahoman,Richard Mize, P.O. Box 25125, Oklahoma City, OK 73125.Nominations may be faxed to 475-3996.

LISTING OF THE WEEK

Home near Penn Squarehas had just one owner

The Listing of the Week is at 2216 NW 56. PHOTO PROVIDED

WASHINGTON — Pendinghome sales climbed 8.2percent in May and wereanother signal of stabiliza-tion in a difficult housingmarket after a dismalApril, according to the Na-tional Association of Real-tors.

The rise in pendinghome sales, which repre-sent contracts signed onexisting homes, comes af-ter an 11.3-percent down-turn in April. The Realtorsinitially had reported thatApril’s pending home salesdeclined 11.6 percent.

The 13.4-percent gainfrom May 2010 levelsmarks the first time in 13months that contract ac-tivity was above year-agolevels.

The S&P/Case-Shiller20-city home price indexrose in April for the firsttime in eight months.

“The underlying trendin sales is flat or slightlydownwards, but we do notexpect a serious furtherdecline,” said Ian Shep-herdson, chief U.S. econo-mist at High FrequencyEconomics.

“The combination ofrising employment, lowmortgage rates, slightlyeasier financing condi-tions and reduced fear of

capital loss ought to beenough to generate a mod-est increase in activity bythe end of the year.”

The Realtors’ chiefeconomist, Lawrence Yun,said that absorption of in-ventory is the key to priceimprovement.

Some markets includingHartford, Conn.; Houston;Indianapolis; Minneapo-lis; and Seattle have seen arapid turnaround, withsignings up by as much as30 percent from year-ear-lier levels, he said.

Yun repeated a call forbanks to return to normalunderwriting standardsand said a “nonsensical”situation has developed insome states, with the De-partment of Housing andUrban Development un-able to complete foreclo-sure deals because of in-sufficient funds to pay at-torney fees at closing.

Pending home sales his-torically have closely cor-related existing home salesfigures from the Realtors.The pending home-salesseries has been runningmore strongly than mort-gage applications suggest,due to a greater share ofall-cash buyers, said Mi-chelle Meyer, an econo-mist at Bank of AmericaMerrill Lynch.

MCCLATCHY-TRIBUNEINFORMATION SERVICES

Pending home salesswing higher in May BY STEVE GOLDSTEINMarketWatch

THE OKLAHOMAN | NEWSOK.COM SATURDAY, JULY 9, 2011 7FREAL ESTATE

Oklahoma CitySmith & Pickel Con-

struction, 6000 N Clas-sen Blvd., ChesapeakeEnergy office building,erect, $30,000,000.

Oklahoma City PublicSchools, 4810 N LinnAve., school, add-on,$3,300,000.

TAParchitecture, 1212 NWalker Ave., apartment,remodel, $3,000,000.

City of Oklahoma City,6900 S Walker Ave.,public building, remodel,$2,425,000.

Krittenbrink Architec-ture, 230 NW 10, apart-ment, add-on,$2,000,000.

Jim Archer Homes Inc.,11501 S Portland Ave.,office-warehouse, erect,$1,200,000.

Smith & Pickel Con-struction, 6150 NW Grand

Blvd., shell building,erect, $1,000,000.

No name provided, 11313Westmark Drive, restau-rant, erect, $750,000.

No name provided, 11313Westmark Drive, restau-rant, erect, $750,000.

Morgan Homes Inc.,1110 Blue Wister Cove,residence, erect,$600,000.

The Roberts Group,16329 Scotland Way, resi-dence, erect, $530,000.

Omni Construction,5517 SW 29, warehouse,erect, $500,000.

Smith & Pickel Con-struction, 6100 NWGrand Blvd., shell build-ing, erect, $500,000.

No name provided, 8313Candlewood Drive, auto-motive repair-wash,erect, $483,000.

Zi Construction, 7401 SShields Blvd., retail sales,

remodel, $400,000.Manchester Elite

Homes LLC, 8340 NW134 Terrace, residence,erect, $331,050.

Manchester EliteHomes LLC, 14400 York-shire Lane, residence,erect, $287,900.

J. Hill Homes Inc., 9616SW 35, residence, erect,$285,000.

Dave Carr Construc-tion, 4613 NW 155, resi-dence, erect, $275,000.

Aaron Tatum CustomHomes LLC, 3625 SW 123Court, residence, erect,$257,200.

4 Corners ConstructionLLC, 15101 SE 58, resi-dence, erect, $256,000.

4 Corners ConstructionLLC, 14709 Sable, resi-dence, erect, $252,000.

Mountain Top En-terprises LLC, 209 NW132, office-warehouse,erect, $250,000.

Brookshire Homes LLC,19521 Fieldshire Drive,residence, erect,$250,000.

Manchester GreenHomes LLC, 1512 NW 186,residence, erect,$244,250.

Surely ConstructionLLC, 13901 Sky HarborWay, residence, erect,$244,000.

4 Corners ConstructionLLC, 14708 Almond Val-ley Drive, residence,erect, $243,000.

Gary Owens Carpet &Construction Inc., 5200Horizon Blvd., residence,erect, $240,000.

Manchester EliteHomes LLC, 8201 NW 147Terrace, residence, erect,$239,550.

Manchester EliteHomes LLC, 1508 NW186, residence, erect,$235,800.

Gary Owens Carpet &Construction Inc., 5224Horizon Blvd., residence,erect, $220,000.

Sheppard & Sons Con-struction Inc., 13221 NW 1,residence, erect,$210,000.

Richardson Homes,

12625 SW 18, residence,erect, $208,183.

Willis (Don) CustomHomes Inc., 6305 BentWood Drive, residence,erect, $205,000.

David Gales, 16204Windrush Place, resi-dence, erect, $200,000.

Sun Contracting LLC,204 SW 174, residence,erect, $200,000.

Carriage Homes, 6820NE 109, residence, add-on, $200,000.

Ron James DesignerHomes LLC, 7317 Stinch-comb Drive, residence,erect, $190,000.

Louis Blackwell HomesLLC, 16900 SE 113, resi-dence, erect, $188,000.

Owens (Ray) HomesLLC, 17300 Grove HillTerrace, residence, erect,$180,000.

Aaron Tatum CustomHomes LLC, 17021 PradoDrive, residence, erect,$162,830.

No name provided,7634 W Reno Ave., retailsales, remodel, $151,000.

Mashburn FairesHomes LLC, 17217 SerranoDrive, residence, erect,$150,000.

Struble Construction,2422 NW 19, residence,erect, $145,000.

D.R. Horton, 2325 NW154, residence, erect,$142,500.

Chambers (Ken) De-sign/Build Inc., 3611 Gala-tian Way, eight permits,residence-attached, erect,$140,000.

JJ&R Roofing & Con-struction LLC, 11201 NW 5Terrace, duplex, erect,$130,000.

JJ&R Roofing & Con-struction LLC, 11205 NW5 Terrace, duplex, erect,$130,000.

Ideal Homes of Nor-man LP, 421 ChristianLane, residence, erect,$125,000.

Ideal Homes of Nor-man LP, 2420 SW 139,residence, erect,$120,000.

Permits

SEE PERMITS, PAGE 8F

8F SATURDAY, JULY 9, 2011 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

D.R. Horton, 8912 NW103, residence, erect,$117,200.

Michael Cooper, 7642W Reno Ave., retail sales,remodel, $115,000.

Michael Cooper, 7642W Reno Ave., retail sales,remodel, $115,000.

D.R. Horton, 7521Meadow Lake Drive, resi-dence, erect, $110,100.

Landstar Homes OKCLLC, 6213 SE 79, resi-dence, erect, $105,000.

Liberty Homes Inc.,9008 Lolly Lane, resi-dence, erect, $100,000.

Permits Today, 7642 WReno Ave., retail sales,remodel, $100,000.

Levy & Associates,7650 W Reno Ave., retailsales, remodel, $100,000.

Precision Permits, 7634W Reno Ave., retail sales,remodel, $88,500.

Finn Daniels Architec-ture, 7654 W Reno Ave.,retail sales, remodel,$88,000.

No name provided,4002 S Council Road,tower-antenna, install,$80,000.

Terry Parker Architec-ture, 6920 W BrittonRoad, canopy-carport,erect, $75,000.

Permits Today, 7642 WReno Ave., retail sales,remodel, $70,000.

Howard Lewis, 6203 NStinchcomb Ave., resi-dence, add-on, $65,000.

Gardner Construction,6201 S Portland Ave.,storage, erect, $60,000.

Quality ConstructionRoofing & Remodeling,3905 Taylor Lane, resi-dence, fire restoration,$50,000.

YMCA Property Man-agement, 1500 KingsridgeDrive, recreation center,remodel, $50,000.

Nidoma Inc., 12701

Steve Drive, storage,erect, $50,000.

Cat Scale, 701 S MorganRoad, equipment, install,$42,000.

Jay Sherrer, 729 NW 16,residence, remodel,$39,000.

Mike Sullivan Con-struction, 719 NW 16,accessory, erect, $35,000.

Southwest Builders, 1313May Side Drive, resi-dence, add-on, $30,000.

Morton Buildings Inc.,13100 N Douglas Blvd.,accessory, erect, $30,000.

Vernon Pope, 517 NW155 Circle, residence, add-on, $28,000.

Steve Murray, 2325 SW43, residence, fire resto-ration, $25,000.

Maccini Construction,824 NW 7, residence,erect, $20,000.

No name given, 5101 NMartin Luther King Ave.,retail sales, add-on,$20,000.

No name given, 1731Belle Isle Blvd., retailsales, remodel, $20,000.

Goodman Networks,15504 Jeffersons GardenCourt, tower-antenna,install, $20,000.

No name provided,4002 S Council Road,move-on, move-on,$20,000.

Joe Taffee, 13217 NE 36,residence, remodel,$19,000.

Top Roof LLC, 3904Taylor Lane, residence,add-on, $16,000.

Southwest Builders,8117 Woodchuck Road,residence, add-on,$16,000.

Leticia Esquivel Her-nandez, 1607 NW 7, resi-dence, fire restoration,$15,500.

Harley Guthery, 13501 NColtrane Road, storage,erect, $12,000.

Ferman and CarolynCollier, 10208 Glendover

Ave., residence, add-on,$11,000.

Grass Roots EnterprisesLLC, 17709 Rich EarthLane, residence, add-on,$10,000.

J. Hill Homes Inc.,9700 SW 35, accessory,erect, $10,000.

Covenant RenovationsInc., 836 NW 116 Terrace,residence, remodel,$10,000.

Rupe Building Co.,5900 Mosteller Drive,office, supplement,$10,000.

Tony Scott, 501 S Mus-tang Road, business, re-model, $6,500.

Williams FuneralHome, 5620 S Pennsylva-nia Ave., business, re-model, $5,000.

Carol Merrell, 617Brookwood Drive, stormshelter, install-stormshelter, $4,895.

Smart Shelters Inc.,12412 Bannockburn Place,storm shelter, install-storm shelter, $4,895.

Scott and Jennifer God-win, 2912 SW 138, stormshelter, install-stormshelter, $4,372.

Kelly & Erica Warr,2616 SW 141, storm shel-ter, install-storm shelter,$4,295.

Sally Hayes, 2308 SW94 Terrace, storm shelter,install-storm shelter,$4,295.

Katherine Lynn Brown,8525 N Laird Ave., stormshelter, install-stormshelter, $4,100.

Flat Safe Tornado Shel-ters, 1532 Valley ViewDrive, storm shelter, in-stall-storm shelter,$4,000.

Anthony Cargill, 4233NW 144, storm shelter,install-storm shelter,$3,850.

Sooner Carports, 420SW 100, canopy-carport,erect, $3,600.

Major and Linda Brad-ford, 916 Musgrave Blvd.,storm shelter, install-storm shelter, $3,545.

Smart Shelters Inc.,15217 Fairview Farm Road,storm shelter, install-storm shelter, $3,395.

Pamela J. Williams,2305 SW 93, storm shel-ter, install-storm shelter,$3,395.

Smartsafe Enterprises,9409 SW 32, storm shel-ter, install-storm shelter,$3,395.

Vernon McCurdy, 1633SW 87, storm shelter,install-storm shelter,$3,395.

Smartsafe Enterprises,12201 Endor Drive, stormshelter, install-stormshelter, $3,300.

Smartsafe Enterprises,16416 Vicki Drive, stormshelter, install-stormshelter, $3,300.

Joseph McMahon,10600 Joseph Way, stormshelter, install-stormshelter, $3,300.

Robert Noyce, 1825 NPurdue Place, storage,erect, $3,290.

Flat Safe Tornado Shel-ters, 9028 NW 147 Place,storm shelter, install-storm shelter, $3,200.

Flat Safe Tornado Shel-ters, 5640 GreenviewDrive, storm shelter, in-stall-storm shelter,$3,200.

Harold Kellerby, 5348Monte Place, storm shel-ter, install-storm shelter,$3,200.

Phillip M. Bromley,7224 NW 131, storm shel-ter, install-storm shelter,$3,200.

Lance and ChrystalTewell, 13824 KorbynDrive, storm shelter, in-stall-storm shelter,$3,000.

Felix and Nancy Nors-worthy, 17108 Bridle RidgeCircle, storm shelter,install-storm shelter,$3,000.

Matt Bose, 1800 NW193 Circle, residence,install-storm shelter,$3,000.

Smart Shelters Inc.,18009 Pawtucket Lane,

storm shelter, install-storm shelter, $3,000.

Ina McCurdy, 10309Lester Lane, storm shel-ter, install-storm shelter,$2,995.

Smart Shelters Inc.,15408 Calm Wind Drive,storm shelter, install-storm shelter, $2,995.

Rick Jackson, 9116 NW82, storm shelter, install-storm shelter, $2,995.

Robert Kee, 1713 WestPalm Place, storm shelter,install-storm shelter,$2,900.

Ann Satterlee, 1408 SW133, storm shelter, install-storm shelter, $2,895.

Rachel Maynor, 8801 SHiwassee Road, stormshelter, install-stormshelter, $2,850.

Justin Griggs, 15405Cardinal Nest Drive,storm shelter, install-storm shelter, $2,800.

Nathan and ChristieMellor, 1212 NW 190Place, storm shelter, in-stall-storm shelter,$2,800.

Sheila Hays, 8417 NW77 Place, storm shelter,install-storm shelter,$2,800.

T. Eric Sanders, 11121 NSara Road, storm shelter,install-storm shelter,$2,800.

Wayland Stephens,10017 S Linn Ave., stormshelter, install-stormshelter, $2,800.

Flat Safe Tornado Shel-ters, 6712 NW 112, stormshelter, install-stormshelter, $2,700.

Leland Dickey, 5200 SE56, storage, install-stormshelter, $2,700.

Plains States Holdings,12 SE 27, accessory, erect,$2,600.

Andy Hedrick, 2809SW 137, storm shelter,install-storm shelter,$2,500.

Jonathon Thibodeaux,5020 Turtle Lake Court,storm shelter, install-storm shelter, $2,500.

Roann Gifford, 5124

Monte Place, storm shel-ter, install-storm shelter,$2,500.

Shannon Cross, 11600Milano Road, storage,erect, $2,500.

Rasheda and JeffreyHayden, 6409 N NicklasAve., storm shelter, in-stall-storm shelter,$2,475.

Biggs Backhoe, 2809Mirage, storm shelter,install-storm shelter,$2,470.

Biggs Storm Shelter,10328 Ashford Drive,storm shelter, install-storm shelter, $2,400.

Cvist He, 2709 NW 58,storm shelter, install-storm shelter, $2,000.

Lawn Master OutdoorLiving, 18904 ShilstoneWay, accessory, add-on,$2,000.

Russell Johnson, 13617NE 36, residence, add-on, $2,000.

No name provided, 221SW 24, restaurant, re-model, $1,850.

Gardner Pre-Cast Con-crete, 824 Whitetail Trail,storm shelter, install-storm shelter, $1,600.

E-Z Living Homes Inc.,12624 Lexington Drive,storage, erect, $1,000.

DemolitionsKendall Concrete, 6957

SE 104, vacant.Oscar Gasca and Yo-

landa Ramirez, 2322 SStiles Ave., residence.

K&M Dirt ServicesLLC, 12625 SW 18, vacant.

PermitsFROM PAGE 7F

THE OKLAHOMAN | NEWSOK.COM SATURDAY, JULY 9, 2011 9FREAL ESTATE

He’s a restaurant man-ager. She’s a receptionistwho also has a secondjob. Though this 30-something married couplehave always worked dili-gently and paid their billson time, they never imag-ined homeownershipwould be in their reach,until now.

What’s changed? Theyrent in an area with lotsof foreclosures. And pric-es on these distressedproperties are now sofavorable they can finallyqualify to buy the three-bedroom house theywant. Within a matter ofmonths, they expect tobecome first-time home-owners.

As their story illus-trates, many markets areready for purchasers will-ing to scout out deals onforeclosed property, said

Rick Sharga, senior vicepresident at RealtyTrac,which tracks the fore-closure market.

Sharga thinks that anincreasing number ofneighborhood markets areapproaching recovery andthat, with some excep-tions, the nation’s overallhousing picture will lookbetter by the end of 2011.

“In most areas, I’mexpecting home values tolevel off and then stay flatfor a couple of years. Ifwe’re not near the bot-tom, we should be soon,”

he said.Even so, he cautions

homebuyers against anoverly rosy view of realestate as a short-termmoneymaker.

“If you intend to live inthe house you buy for atleast three to five years,you’re going to come outOK. But think of theproperty as a place topark your car, not yourmoney. It’s more for life-style than investment,”Sharga said.

He says renters whodon’t have to sell a prop-erty before they move aregood candidates to buy inthe current market. Also,homeowners who intendto retire to a resort area inthe next few years maywish to buy a secondhome now, assuming theycan afford to carry twoproperties at once.

If you’re in a position tobuy a home now and wishto consider foreclosures,these pointers could provehelpful:

I Realize both the prosand cons of buying aforeclosed property.

Not everyone is willingto consider a foreclosedproperty. Though it’scommon to find deeplydiscounted homes on theforeclosure market, therecan be downsides, Shargasaid.

“If the property is inpoor condition, there maybe major repair costs. Youcould have to do a lotmore than just replacecarpet. You might have toreplace wiring in the wallsand buy new appliances.Don’t underestimate yourexpenses,” he said.

Stephen Israel, theowner of an independent

realty firm affiliated withthe National Associationof Exclusive Buyer Agents(www.naeba.org), saidone way to help ensureyou don’t buy a fore-closed property with ex-tensive problems is toseek a thorough inspec-tion before committing tothe purchase.

I Search for the rightforeclosed property.

With so many fore-closed properties on themarket, homebuyers havea wide array of choices.Israel stressed the impor-tance of finding a realestate agent who willfaithfully watch the fore-closure market for you, nomatter how long it takesto find the right property.Because most foreclosedhomes are listed on theMultiple Listing Service,your agent should be able

to show you listings ofinterest.

In addition, there areseveral free or fee-basedsources of information onforeclosed property thatwould-be purchasers canaccess. Israel suggeststhat homebuyers maywish to consider usingRealtyTrac listings, acces-sible through the compa-ny’s website: www.real-tytrac.com.

I Free listings of fore-closed properties areavailable through thewebsites of Fannie Mae(www.fanniemae.com),Freddie Mac (www.fred-diemac.com), and theU.S. Department ofHousing and Urban De-velopment(www.hud.gov).

To contact Ellen James Martin, emailher at [email protected].

UNIVERSAL UCLICK

Look for deals among foreclosed propertiesEllenJamesMartin

SMARTMOVES

PHILADELPHIA — The situation:You want to make some improve-ments to your house, but don’twant to spend money you don’thave. Nor do you want to wastethe money you do have by buyingsomething inappropriate for yourneeds.

A tall order, for sure, and a sit-uation many homeowners findthemselves in as the economytotters toward a recovery that al-ways seems just shy of a surething.

The Internet has made findingthe best price for a product easierthan it was 10 years ago, said de-veloper Carl Dranoff, who haswritten the checks for more thana few renovations at his buildingsover the years.

“The Internet has driven downthe prices of just about every-thing,” he said, “so there is littlevariation” from, for example, onemanufacturer’s refrigerator to the

next.Need replacement windows? A

modest federal tax credit — up to$1,500 — is available until Dec. 31.

Energy-efficient windows willcut utility bills 7 percent to 15 per-cent, government data show. Butthe cost of complete window re-placement for the average homeis $7,500 to $10,000, according tothe folks at the EnvironmentalProtection Agency’s Energy Starprogram.

They advise this: When you’reinterviewing contractors, askthem to break down the pricequote by labor and materials,keeping in mind that althoughenergy-efficient windows costmore, the labor costs for installa-tion should be the same for allkinds of windows.

In general, experienced buyersrecommend that you shop care-fully and know exactly what youwant before you hand over yourcredit card or write a check to asupplier.

“A dozen years ago, you might

have to go to specialty stores tofind the really groovy items,” saidCenter City real estate agentMark Wade, who also buys andrenovates condos for resale. “To-day, it is as simple as hittingLowe’s, Target, or Home Depot.”

Stores don’t stock everythingthey offer, though. “Go onlineand see their entire product line,”he suggested.

Durability is what developerLiz Solms looks for when sheshops for products.

Solms is using sustainable or“green” materials to renovateapartments at Touraine in Phila-delphia, one of the buildings sheco-owns around the country. Shesaid she measured the value ofthese products by how long theywould last.

“Time is money, right?” shesaid.

Jay Cipriani, president of Ci-priani Builders, a Woodbury, N.J.,remodeling contractor, thinks so.

“Features to consider otherthan price might include durabil-

ity, as well as whether the prod-uct will result in a healthier orsafer environment” in yourhome, he said.

Another question to consider,Cipriani said: “Does it add valueto the home?” He suggestedlooking for lesser-known namesto get a good product and war-ranty. Look into how to buy di-rectly from the manufacturer“rather than through big-boxstore or distributor,” he said.

Sometimes, immediate needcompels us to buy somethingwithout considering all the fac-tors.

It’s hot, and you need a win-dow air conditioner. You find awebsite that lets you calculate thesize you need — say, a 7,500-Btuunit. Several retailers are sellingthem for about $300, so findingthe lowest price isn’t the over-whelming issue. What else doyou need to think about beforeyou buy?

“Sales tax is one,” Dranoff said.“Can you pick it up yourself, or

do you need to have it delivered?Can you install it yourself, or doyou need someone to do it foryou?”

Not to mention these pertinentdetails: Can it make it throughthe doorway? Is the window toosmall or too big? How can youadjust the window opening so itwill fit?

How close is the outlet? Is theoutlet grounded? Will you needan electrician to install the properoutlet? How will the unit drain?

What about the warranty?Who will repair it if the unitbreaks down? How easy is it toobtain parts?

MCCLATCHY-TRIBUNE INFORMATION SERVICES

Shop carefully to find deals on upgrades for the houseBY AL HEAVENSThe Philadelphia Inquirer

OWNER FINANCING1-28 Acres

Many LocationsCall for maps405-273-5777

www.property4sale.com

Payout dn pmt before 1stpmt starts. Your opportuni-ty to own land, 40 areas,E, NE, SE of OKC 1N A.Milburn o/a 275-1695 terms

100 acres w/2300' FixerUpper house 8mi E of

Moore. $2850 per Acre414-2242

Call for Maps! See whywe sell more acreagesthan anyone in Okla.

E of OKC. o/a 275-1695

Hughes County -700 acres MOL, 50%open, 9 ponds, Great

hunting & fishing. CallColby at 918-470-8747

Pittsburg County -572 acres MOL, 1 mileCoal creek frontage,

access to LakeEufaula. Call Tim at

918-424-3264

Pittsburg County -138 ac. MOL, bordersEufaula WMA, nicedouble wide, Greathunting. Call Tim at

918-424-3264

S.E. Okla. Realty, LLC918-424-3264

80 acres N. Piedmont,blacktop frontage,

$425K, 405-823-3177.

Central Okla. HorseFarm, 320 acre reputa-tion breeding & trainingfacility, custom home,highly improved, large

lake, $2.8M,405-823-3177.

Be Square Properties LLC

¡ 334ac. E of Shawnee,large barn, trailer house& beautiful home site¡ 470ac. E of Prague,lots of barns & beautifulhome. 405-932-4912,918-453-3920

60 ac between Dover &Crescent. 1,800sf home,

48x50 barn, corrals,$260K JC Barr, Broker

405-433-5636

ONE OF A KIND! Adobestyle home 3/2/2 + officeapprox 2126' on 2.38 acMOL. Deer Creek schls

$245,000Carmen 833-0106

Cleaton & Assoc 373-2494

Open House Sundays 2-42bed, 2.25ba, 2528sqft

2005 Call Cole (405-464-7125) Metro 1st Rlty

Best Buy in Edmond-2340sfOak Tree Est. .5ac lot 4/2.5/3$210K¡¡¡ 826-0983/Broker

Grand Pointe Gated Con-do, 2 bed, 2.5 bth, hdwd

flrs, new granitecounter, new DW, frpl,new paint, garage, call

for appt, by owner$110,000, 317-1206

Spacious 4 bed 2 storyhome, nice area, veryunique floor plan, freshpaint, new carpet, only$89,900Fidelity 692-1661

Bank Owned 4/3.5/3, 3 liv2 din, 05 blt, 3604sf, lotsstorage, Piedmont Schls,$209,900 CB 414-8753

Completely remodeled3bd 1.5ba 2 living, 2ndliving could be 4th bed,seller will pay all buyer'sclosing costs. Only $79,900Fidelity RE 410-4200

Price Reduced $8,0001412 SW 67th sharp 3bdbrick home 1car ch/a,large covered patio, greatarea, priced to sell only$69,900Fidelity 410-4200

OWNER FINANCING$2000 down No Credit Ck3020 SW 39 3/1 $56,000» 596-4599 410-8840 »

Home for Sale by owner2942 SW 53rd 3bed,

1.5ba, $82,000 503-7612

Bank Owned 3/2/2 1704sf,brk, Moore schls, cul de saclot $84.9K CB 414-8753

Motivated, 2007 blt 3/2/2+stdy, Aussie closet, Mooreschls, $167K CB 414-8753

JUST LISTED! Awesome3/2/3 + office approx1820' on 3/4 ac MOL.Must see! $183,900.

Carmen 833-0106Cleaton & Assoc 373-2494

JUST LISTED! 2-3 bd on5 ac MOL approx 1395'storm shelter, lots of

trees $132,500Carmen 833-0106

Cleaton & Assoc 373-2494

NEW LISTED! 3/2/3 +office on 5 ac MOL

approx 2320' lots of extras,storm shelter $239,900.

Carmen 833-0106Cleaton & Assoc 373-2494

3bd/2.5 bth/study/sunrm2482 sf (405-326-7392)ML#458451realtor.com

New energy star home,approx 1770 sf, 3 bed, 2bath, 3 car, $189,900,NW 6th & Mustang Rd,704 Drover Ln, 245-6857,

www.sanddhomes.com

MEEKER 2/3 bd 1ba, blt1903, $52,000, no ownercarry, 405-279-1070 aft 5

Rent to OwnEl Reno - 615 N. Evans2bd 1 ba - Call for maps

Easy Approval405-273-5777

www.property4sale.com

.82 ac. in Rio de Bella,SW Okc. Moore schoolsCall Broker-405-826-0983

Special Disaster ProgramsZero Down! Own Land/Family Land Zero down.Instant rebates/furnitureallowance up to $8000.Free phone applicationWAC 405-631-7600

NEW 32 x 80 MUST GO!Factory cost. Full tape &texture, Upgrade Appli-

ances, JUST BEAUTIFULwww.THCOK.com

405-787-5004

Huge 28x70, 2 living ar-eas. Stainless steel ap-plicances. New carpet,lots of upgrades, $499-mo. wac 405-787-4035

LIKE NEW $325 mo. wac3bed, fireplace, ceramic

tile 2x6 walls, vinylsiding/shingle roof

405-787-5004

Abandoned D/W set up on5 acres. Brick foundation,driveway, ready to movein. Free phone application

405-631-7600

New 2, 3, & 4 Bed HomesUsed 16x80 $18,999 del/setwww.midstatehousing.com

405.527.5669

**NEW** 1216 sq ft$25,995 - 1 only

Maxeys Homes 631-3600

3/2 Bath Repo set up inquiet park. Ready to move inFree phone app 631-7600

Over 100 Repos on Land or0 down w/your Land! WAC866-764-3200,405-631-3200

Rent to Own: Nice 2&3bdMWC $350&up 390-9777

ESTATE AUCTION:10am, Sat 7/16. 928 SW

45th, OKC. Nice BrickHome, 1500+ SF. View-

ing 1-3 Sun, 7/10.JB Robison 918 256 5524

JBRauctions.com

Owner carry with downNice homes and fixers

James 417-2176

I BUY HOUSESAny condition. No cost

to U 495-5100

We Buy Houses FastAny size or condition.»» 405-412-7800 »»

I BUY & SELL HOUSES27 YRS EXP 650-7667

HOMESOFOKCINC.COM

TEXOMA -Soldier Creekresort. 14x80 2bd 1ba onlot 55A. Exc cond. Furnclose to big pool & boat

ramp $35K 405-830-6578

Historic Capitol HillGreat location. Cornerof Grand & S. Walker.

15,200 sf lot with build-ing. $132,500. 214-727-3241 or 972-804-4452

Small personal trainingbusiness for sale. Locat-ed N. of Memorial onSanta Fe. $20,000 forequipment, furnishingsplus assumption oflease. 405-973-6436

3 BR, 1 BA, cpt, CH&A,stv, micro, DW, 2 car gar800 Lawton. 650-4740.

Small Business/Storage1250sqft, 28Wx50L,

14x14 O/H door,$500 month. 89th St.

& I-35 S. OKC, 631-4447

Hair salon, Memorial and NWestern area, partially fur-nished, call or text 414-7585

GREAT SpaceOFFICE

Various NW locationsMOVE IN SPECIALS

300-6000sf 946-2516

$99 Move In Special1 & 2bds, carports, coinlndry $345-445 470-3535

VERY, VERY QUIETNear mall, schls, hosp,

Try Plaza East 341-4813

1 & 2 BEDROOMS,QUIET! Covered ParkingGreat Schools! 732-1122

Close to Hist. Museum.Gated, roomy efficiencyw/full kitchen, exc cond.Just $315 mo! Ask about

move in special. CallJudy at 405-420-1966

Close to Hist. Museum.Gated, roomy efficiencyw/full kitchen, exc cond.Just $315 mo! Ask about

move in special. CallJudy at 405-420-1966

TOTALLY FURNISHEDAND UNFURNISHED

ALL BILLS PAID

Rates starting at$800.00 month.

First month FREE.Citadel Suites,

5113 N. Brookline405-942-0016www.citadelsuites.com

Including arethe following:

» All Utilities» Cable» High speed internet» Telephone» Fully Equipped

Kitchen» Linens» Free Laundry» Business Center» 2 Pools» Free Movie Rental» Breakfast Mon.-Fri.» Social Hour» Free Gym Passes

$200 off1 & 2 BEDROOMS

Furnished & UnfurnishedNEWLY REMODELEDGATED COMMUNITYCAVE CREEK

ON ROCKWELL3037 North Rockwell

495-2000

$100 offFirst Month’s Rent

LARGE TOWNHOMES& APARTMENTS

• Washer, Dryers, pools• PC Schools, fireplaces

Williamsburg7301 NW 23rd

787-1620

$99 Special1 & 2 BD & Townhouses•City bus route/Shopping•Washer/Dryer hookupsValencia Apts

2221 N. Meridian

946-6548

1N to 10A, E. of OKC,pay out dn. before 1st pmt.starts, many are M/H readyover 400 choices, lg trees,some with ponds, TERMS

Milburn o/a 275-1695paulmilburnacreages.com

(3) 1 acre + tracts, ruralhousing developmentnear Chickasha, $200K +homes, great invest-ment, make offer,405-574-4163.

$200 OFFWasher/Dryers, FireplacesPC Schools-Townhouses

PARKLANE8100 N. MacArthur Blvd.»»» 721-5455 »»»

4bd 2ba dblwide 5acre $975(WAC - No Horses)

Home&RanchRlty794-7777

»» ALL BILLS PAID»»1 Beds-Move in Today!

$99 First Month2 Beds & Townhomes, tooDREXEL ON THE PARKPool & Park 293-3693

$89 FIRST MONTHBring this ad for Special.

Affordable LuxurySpacious, too

416-5259TUSCANY VILLAGE

Walford Apts-Midtown-518 NW 12 large 1bd 1ba1100sf $875mo $775depwasher/dryer hookupCorner Studio 650sf$625mo $525dp 409-7989

Florence Apt 429 NW 11Downtown view! 650sfMidtown Studio, Granitecounter. Free Laundry!$750mo $400dp 409-7989

$99 dn $100 off1st 3 Months Rent

947-1703 5744 NW 16thsummeroaksapts.com

2528 NW 121bd 1ba 1000sf $475/mo

$250/dp garage extra409-7989 no sec 8

Oakwood Apts 5824 NW 34K off special 1bd 1bath$315/mo $175/dep, youpay elec 409-7989 no sec8

804 NW 21st Mesta Park2bd 1ba 1000sf $600mo

$300dp Free laundry409-7989 no sec8

Furnished/UnfurnishedBills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 370-1077

Briargate Apts 1bd 1ba$550/mo $300/dp 850sf

409-7989 no sec 8

MAYFAIR Great location!1/2 bd W/D hdwd flr quietsecure ngbrhood¡947-5665

» MOVE IN SPECIAL »LARGE 1, 2 & 3 BEDS

Rockwell Arms, 787-1423

$99 Move In Special1 & 2 Bd, $345 - $446 mo5944 NW 40 470-3535

Plaza Apts 1744 NW17th 1bd 1ba 800sf $500mo. $250 dep 409-7989

1 Month Free!Lg2bd$550 Casady751-8088

•ABC• Affordable, Bugfree, Clean » 787-7212»

$350mo 1bd 1ba very cleanstove/fridge 405-818-4089

800 N. Meridian 1bdAll bills paid 946-9506

Nice 1 & 2 bedrm, furn,3317 SW 44th, &SW 9th & Penn,

278-6973 or 235-1955

$99 SPECIALLg 1bdr, stove, refrig.,clean, walk to shops.$335 mo. 632-9849

Furnished/UnfurnishedBills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 370-1077

The Gardens SW 74.1 bed $400 & $4202 bed/2 bath $550No Pets. 681-9722

$99 Move In Special!!!Lg 1 and 2 Bdr, $345 to

$420 mo. 632-9849

828 & 838 NW 113th St.2bd, fenced, stv, frig,

carport $530 + $500dep.Sec. 8 ok No pets. 748-6129

Duplexes, 3 bed, 2 bath, 2car, some new, some gat-ed, call Rick, 405-830-3789.

Furnished/UnfurnishedBills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 370-1077

3bd 2ba 2car fp 1440sf $850Home&RanchRlty794-7777

3 bed, 2 bath with study,2000 sf. Sheffield Glen

Sub Division $1,295245-3166

200 Sunset 3/1/1 kit appls$625 mo No pets No Sec 8

225-6734, 341-0368

Section 8, 3-4 bd, 1 ba,CH&A, 1 Acre, 1117

Beach Avenue. 414-7450

3712 Woodside 3/1/1 $5651300 McDonald 3/1/1 $495

681-7272

3 bed, 2 bath ¡¡¡ $690mo2 bed, 1 bath ¡¡¡ $490moSection 8 OK ¡ 205-2343

3/2/2, remodeled, nopets, 813 Delia St., $750mo $600 dep. 340-3058

2408 W. Park Pl, 3/2/2,newer, $975+dep, petsok 285-0305, 823-6550

712 N Dillon Like New!3bd, 1.5ba, 2liv, 1462sf

$795 No pets 685-6817co.

3 bed, 2 bath, 3 car, wellkept, Savannah Lakes,$1395 month, 641-2856.

2 bed, 1 bath, brick1305 NE 17th

$400+$275dep 361-1820

1708 N Elton 2/1/1 $4502108 NE 18th 2/1 $425

681-7272

901 Hoyt Spacious 3bdhome with 1 car garageon corner lot, clean,fenced Only $650 Fidelity691-1661, 410-4200

K Off Special412 NW 115 3bed 2bath2 car $850/mo $800/dep1300sf 409-7989 no sec 8

2616 NW 50 2bd 2ba 2car1200sf Contemporarycondo all appls $1050 mo$1000 dep 409-7989

K Off Special928 NW 109th 3bd 2ba2car $825/mo $800/dep1300sf 409-7989 No Sec8

Rent-to-Own 3bd, 1ba$800/mo. Low down

payment! Move-in Ready¡¡ 405-275-1745 ¡¡

525 NW 114 St. 3 bd,2 car gar, stv, frig $800+ $600dep, No pets, Sec.8 OK »» 748-6129 »»

6021 NW 58th Terr 3bed2bath 1car, PC Schools,$975mo, $975dep 1600sf409-7989 no section 8

2917 Nimitz2B/1B, CH&A, New Paint& Kitchen Garage, $650

Mo. + Dep. 216-5833

Section 8, 4 bed, 1.5 ba,remodeled, 308 NW87th, 405-414-7450.

Nice 2bd, 1ba, no pets, abt1100sf, ch&a, $525+dep,near Shep Mall 301-2386

4605 W. Park Place 4/2Sec8 ok $795mo /$700dep

681-7272

OCU-SHEP-HIST 4bd 2bahardwood floors, $450-

$625; T.I. 524-0222

1 bed, $525mo +$150 depbills paid, 1323 NW 2nd,

Others. 639-0556

2/1/1, $525 month$100 off 1st month rent.

ch&a, 831-0207

Brick 3bd 2ba, landscaped,1600sf, fenced, storage,sunroom $1075 255-4300

11705 N Francis 2/1.5/22story, $650mo, $500depTMS Properties 348-0720

Luxury 3080sf 3/2.5/frmlliv/din wetbar! Ralph DownsElem $1500+dep 820-0884

Beautiful duplex in QuailCreek 3bd 2ba 2car 2100sfatrium, $1075 255-4300

245 NW 79th 2/1.5/carportSec 8 ok $550mo, $250depTMS Properties 348-0720

Sec 8 Ok, 3 bd, CompleteRedo. 1156 NW 91st$700, $700dep, 942-3552

Just in Time for School!4bd 2ba 1car gar frig &stove. $850mo $500depSec 8 OK. 1632 SE 52nd359-0591 for appt to see

224 SE 58th 1/1 $4256300 S Byers 3/1/1 $4851144 SE 23 3/1.5/1 $695

681-7272

5412 Embers Drive, 3 bd,2 ba, 2 car, ch&a, $950rent, $800 dep, 413-4252.

2732 SE 49 Brk 3/1/2,fncd, ch&a, no 8/pet,

$650+ref/job 740-6072

1424 SW 24th 1/1 $3503407 S Lee 2/1 TH $395540 SW 44th 2/1 $450600 SW 33rd 3/1 $4503240 SW 45 3bd 1ba$4503000 SW 37 3/1 2 liv $595

681-7272

New Rivendell ExecHome 408-4168

Luxury indoor pool & spaFully equip'd media &

wrkout rooms $5100/moOpenhouseok.com

1504 SW Binkley spacious2bd home, w/large livingroom, detached garage,clean, fenced, only $525Fidelity692-1661, 410-4200

4108 S RobinsonLarge 2bd 2ba home, freshpaint, water & garbagepaid, only $495 FidelityRE 692-1661, 410-4200

3105 SW 120th 3/2/2$1100 mo, $800 depwww.tms4rent.com

TMS Properties 348-0720

Rent-to-Own 3bd, 1ba$750/mo Very low downpayment! Move-in Ready¡¡ 405-275-1745 ¡¡

Rent-to-Own 3bd, 1ba$750/mo Very low downpayment! Move-in Ready¡¡ 405-275-1745 ¡¡

2444 SW 50th nice 3bdhome, good area, largecorner lot, clean $550moFidelity692-1661, 410-4200

4/3/3 Very Nice!2512 SW 125, Rivendell

Addition $1525/moSingh Realty, 329-2338

7513 S Hillcrest Dr$750mo 3/2/2, ch&a

No pets. 685-6817 co.

2 bed, W/D hookup,garage $500 month,$300 deposit. 631-8039

3/2/2 Moore Schls ch&awd hkups fncd $750mo

1yr lease no pets 503-5742

10704 GreystoneGreat 2bd/1 1/2 bath, 2liv, dbl drv, garage $800

Mo + dep. 216-5833

3 bed, 2 bath, 2 car,10209 NW 45th St, DeerRun, $1100 mo, 623-3812

3 bed, 2 bath, doublewide, fireplace, #19,Choctaw Mobile HomePark, $650, 405-812-5230

2 bed, 2 bath,Antwine MH Park,

$350-$400/mo 361-1820

Rent to Own: Nice 2&3bdMWC $350&up 390-9777

ROOMMATE WANTEDnice home, MALE, 1/2

bills paid, furnished, nodep $335mo 405-789-6334

ROOM: share, kit, bath,lndry, priv entry, cableincl $400mo 405-948-5908

»»»»»»»»»»»»»» Yukon All Bills Paid »» 1 bd From $495 Move»» 2 bd From $595 In»» 3 bd From $695 Today»» Open7days/wk354-5855»»»»»»»»»»»»»

Commercial RE

Established Business For Sale

Commercial Property For Sale

Farms, RanchesFor Sale, Okla. 308

Farms, RanchesFor Sale, Okla. 308

Acreage For Sale 302 Edmond 314

RE for sale

Vacation PropertyFor Sale 347

Yukon 330

Piedmont 327

Piedmont 327

Suburban, NW(El Reno, Guthrie, Cashion, Deer Creek, Etc.) 332

Tuttle/Newcastle 329

OKCSouthwest 326

OKCNorthwest 324

Lots For Sale 337

Mobile Homes, Manufactured Houses 339

Mobile Homes, Manufactured Houses 339

Real EstateAuctions 342

Real EstateWanted 346

Real EstateNotices 345

Yukon 438

Edmond 422

MWC 424

OKCSouthwest 433

OKCNorthwest 431

OKCNorthwest 431

OKCNortheast 430

Bethany/Warr Acres 420.5

Duplexes

Apartments

OKCNorthwest 453

Hotels/Motels 462

Yukon 460

RE for rent

MWC 468

Edmond 466

Del City 465.5

Mustang 470

Moore 469

OKCNorthwest 475

OKCNorthwest 475

OKCNortheast 474

Yukon 482

Mobile HomeRentals 483

OKCSouthwest 477

OKCSouthwest 477

OKCSoutheast 476

Rooms For Rent 489

Roommates Wanted 488

Offi ce SpaceFor Rent 363

Business Property For Rent 360

Business Property For Rent 360

Village/Nichols Hills 481.5

Suburban, NE(Luther, McLoud, Meeker, Wellston, etc.) 331

10F SATURDAY, JULY 9, 2011 NEWSOK.COMTHE OKLAHOMAN