the oklahoman real estate

10
F REAL ESTATE SATURDAY, JANUARY 21, 2012 THE OKLAHOMAN | NEWSOK.COM INDEX Stone 3F Permits 7-8F HOUSE PLAN Mediterranean appearance A stucco exterior and gracefully curved entry arch give the contemporary Rock Creek plan a decidedly Mediterranean look. PAGE 9F LISTING OF THE WEEK Handicapped accessible The Listing of the Week is a handicapped-accessible home that is located in the northwest area of Oklahoma City. PAGE 8F Mortgage benef it now gone A key mortgage financing benefit disappeared at the end of December: The ability of many homebuyers and owners to write off the premiums they pay for mortgage insurance. PAGE 4F Kenneth Harney THE NATION’S HOUSING IN BRIEF TURN CLUTTER INTO ART The stuff that’s cluttering your ga- rage could become focal points for your garden. Garden de- signer Lorene Ed- wards Forkner shows how in “Handmade Garden Projects.” The book is filled with ideas for turn- ing unused items and common mate- rials into decorative and functional gar- den accents. Forkner offers ideas for garden paths, plant supports, wa- ter features, contain- ers and more. “Handmade Garden Projects” is due out this month from Timber Press and is priced at $19.95 in softcover. SUPPORT FOR OWNING HOME SHOWN Likely voters strong- ly value homeown- ership and would oppose efforts to weaken or eliminate the mortgage in- terest deduction or diminish a federal role to help qualified homebuyers obtain affordable 30-year mortgages, accord- ing to a survey con- ducted for the Na- tional Association of Home Builders. The survey, with a mar- gin of error of plus or minus 2.5 percent, showed that three out of four voters — owners and renters — think it is appro- priate and reason- able for the federal government to pro- vide tax incentives to promote home- ownership. Also, two-thirds of those responding agreed that the federal government should help homebuyers afford a long-term fixed-rate mortgage, and 73 percent said they opposed elim- ination of the mort- gage interest deduc- tion. FROM STAFF AND WIRE REPORTS Glimmers of hope for a better U.S. economy are surfacing. But for home- owners who want to sell their property, will an im- proving economy translate to better sale prospects? Real estate experts said that depends on the rela- tive strength of their local market. “Not all neighborhoods are rebounding at the same speed. Some are already red hot. Others are flat but improving. Still others could be a few years away from a full recovery,” said Sid Davis, an independent real estate broker and au- thor of “A Survival Guide to Selling a Home.” Davis said it’s a mistake for sellers to peg their planning on national data. “The only statistics that really count are statistics for your neighborhood,” he said. He said it’s smart for potential sellers to gather market intelligence before making a judgment about real estate trends in their neighborhood. Such in- formation is important as sellers decide on price and timing. Davis said another ma- jor category of prospective home sellers includes baby boomers who would like to move to a smaller house or condo but have been hold- ing off due to a slow-sell- ing market. “These are folks who aren’t under pressure to sell but are eagerly await- ing the right moment to move,” he said. Here are a few pointers for homeowners assessing neighborhood real estate trends: I Request consulta- tions with local real es- tate pros. Eric Tyson, a personal finance expert and co-au- thor of “House Selling for Dummies,” said the best sources of information on a local market are usually real estate agents active in the area. “A good agent won’t manipulate you into selling before you’re ready,” Tyson said. He acknowledged that many in the field are in- clined toward optimism, “given that they have a bi- as toward doing transac- tions.” But he said you can minimize the effect of any such bias by asking for presale consultations with more than one agent. Other solid sources of market intelligence in- clude appraisers, mortgage lenders and real estate at- torneys who do business in your area. I Ask local agents for up-to-date market data. Once you’ve defined your neighborhood, Davis recommends you ask local real estate agents for local list-to-sale data for the past 90 days. These show the difference between asking and selling prices. If this gap is narrowing, the local market should be sta- ble or gaining strength. If it’s widening, the market could be weakening. Another key set of sta- tistics that Davis uses in- volves “days on market.” If many properties in the community are languish- ing unsold for weeks or months, it’s likely real es- tate demand has weak- ened. But a quickening pace of home sales could suggest the opposite. I Avoid relying too heavily on average sales price statistics. While many market ob- servers depend heavily on data about average sale prices, Tyson cautions against relying too much on these numbers. “The problem with av- erage sale prices is that the mix of properties that happen to have sold during any given period can really impact the results. For ex- ample, if a few unusually high-end homes have sold recently, that could give you an unrealistically rosy view,” Tyson said. He says a better measure of the relative strength of any market focuses on median sales prices. In this case, the median would be the price difference that separates the more expen- sive half of the homes sold from the less expensive half. Email Ellen James Martin at ellenjames [email protected]. UNIVERSAL UCLICK Local home sale markets often differ widely Ellen James Martin SMART MOVES NORMAN — Even unfinished, with workers hammering away upstairs, the enormous stone home taking shape east of Nor- man — all 5,000 square feet of it — exudes a warm, Old World feel. Windows and doorways are rounded, a spiraling staircase is taking shape in the entry hall, and hardwood covers the floors, which will be finished off with a “dis- tressed” look in the coming days. Large or small, such details are typical for Sun Custom Homes, said Kurt Dinnes, 52, who co- founded the company with part- ners Randy Earhart and Keith Hocker in 2000. “We do a more luxurious high-end house wheth- er it’s 1,800 square feet or 7,000 square feet,” he said. HOMEBUILDER GROUP’S LEADER FOLLOWS RECIPE FOR SUCCESS Home builder Kurt Dinnes, owner of Sun Custom Homes and 2012 president of the Central Oklahoma Home Builders Association, is shown at a house he is building at 1900 72nd Ave. NE in Norman. PHOTO BY STEVE SISNEY, THE OKLAHOMAN Builder Kurt Dinnes of Sun Custom Homes is building this 5,000-square-foot home in northeast Nor- man. PHOTO BY STEVE SISNEY, THE OKLAHOMAN BY DYRINDA TYSON For The Oklahoman [email protected] SEE DINNES, PAGE 2F

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Page 1: The Oklahoman Real Estate

FREAL ESTATESATURDAY, JANUARY 21, 2012 THE OKLAHOMAN | NEWSOK.COM

INDEX

Stone 3FPermits 7-8F

HOUSE PLAN

MediterraneanappearanceA stucco exterior and gracefullycurved entry arch give thecontemporary Rock Creek plana decidedly Mediterranean look.PAGE 9F

LISTING OF THE WEEK

HandicappedaccessibleThe Listing of the Weekis a handicapped-accessiblehome that is locatedin the northwest area ofOklahoma City.

PAGE 8F

Mortgagebenefitnow goneA key mortgagefinancing benefitdisappeared at theend of December:The ability of manyhomebuyers andowners to write offthe premiums theypay for mortgageinsurance.

PAGE 4F

KennethHarney

THE NATION’S HOUSING

IN BRIEF

TURN CLUTTERINTO ARTThe stuff that’scluttering your ga-rage could becomefocal points for yourgarden. Garden de-signer Lorene Ed-wards Forknershows how in“Handmade GardenProjects.” The book is filledwith ideas for turn-ing unused itemsand common mate-rials into decorativeand functional gar-den accents.Forkner offers ideasfor garden paths,plant supports, wa-ter features, contain-ers and more.“Handmade GardenProjects” is due outthis month fromTimber Press and ispriced at $19.95 insoftcover.

SUPPORT FOROWNING HOMESHOWNLikely voters strong-ly value homeown-ership and wouldoppose efforts toweaken or eliminatethe mortgage in-terest deduction ordiminish a federalrole to help qualifiedhomebuyers obtainaffordable 30-yearmortgages, accord-ing to a survey con-ducted for the Na-tional Association ofHome Builders. Thesurvey, with a mar-gin of error of plusor minus 2.5 percent,showed that threeout of four voters —owners and renters— think it is appro-priate and reason-able for the federalgovernment to pro-vide tax incentivesto promote home-ownership. Also,two-thirds of thoseresponding agreedthat the federalgovernment shouldhelp homebuyersafford a long-termfixed-rate mortgage,and 73 percent saidthey opposed elim-ination of the mort-gage interest deduc-tion.

FROM STAFF AND WIRE REPORTS

Glimmers of hope for abetter U.S. economy aresurfacing. But for home-owners who want to selltheir property, will an im-proving economy translateto better sale prospects?

Real estate experts saidthat depends on the rela-tive strength of their localmarket.

“Not all neighborhoodsare rebounding at the samespeed. Some are alreadyred hot. Others are flat butimproving. Still otherscould be a few years awayfrom a full recovery,” saidSid Davis, an independentreal estate broker and au-thor of “A Survival Guideto Selling a Home.”

Davis said it’s a mistakefor sellers to peg theirplanning on national data.

“The only statistics thatreally count are statisticsfor your neighborhood,” hesaid.

He said it’s smart forpotential sellers to gather

market intelligence beforemaking a judgment aboutreal estate trends in theirneighborhood. Such in-formation is important assellers decide on price andtiming.

Davis said another ma-jor category of prospectivehome sellers includes babyboomers who would like tomove to a smaller house orcondo but have been hold-ing off due to a slow-sell-ing market.

“These are folks whoaren’t under pressure tosell but are eagerly await-ing the right moment tomove,” he said.

Here are a few pointers

for homeowners assessingneighborhood real estatetrends:

I Request consulta-tions with local real es-tate pros.

Eric Tyson, a personalfinance expert and co-au-thor of “House Selling forDummies,” said the bestsources of information ona local market are usuallyreal estate agents active inthe area.

“A good agent won’tmanipulate you into sellingbefore you’re ready,” Tysonsaid.

He acknowledged thatmany in the field are in-clined toward optimism,“given that they have a bi-as toward doing transac-tions.” But he said you canminimize the effect of anysuch bias by asking forpresale consultations withmore than one agent.

Other solid sources ofmarket intelligence in-clude appraisers, mortgage

lenders and real estate at-torneys who do business inyour area.

I Ask local agents forup-to-date market data.

Once you’ve definedyour neighborhood, Davisrecommends you ask localreal estate agents for locallist-to-sale data for thepast 90 days. These showthe difference betweenasking and selling prices. Ifthis gap is narrowing, thelocal market should be sta-ble or gaining strength. Ifit’s widening, the marketcould be weakening.

Another key set of sta-tistics that Davis uses in-volves “days on market.” Ifmany properties in thecommunity are languish-ing unsold for weeks ormonths, it’s likely real es-tate demand has weak-ened. But a quickeningpace of home sales couldsuggest the opposite.

I Avoid relying tooheavily on average sales

price statistics.While many market ob-

servers depend heavily ondata about average saleprices, Tyson cautionsagainst relying too muchon these numbers.

“The problem with av-erage sale prices is that themix of properties thathappen to have sold duringany given period can reallyimpact the results. For ex-ample, if a few unusuallyhigh-end homes have soldrecently, that could giveyou an unrealistically rosyview,” Tyson said.

He says a better measureof the relative strength ofany market focuses onmedian sales prices. In thiscase, the median would bethe price difference thatseparates the more expen-sive half of the homes soldfrom the less expensivehalf.

Email Ellen James Martin at [email protected].

UNIVERSAL UCLICK

Local home sale markets often differ widely EllenJamesMartin

SMARTMOVES

NORMAN — Even unfinished,with workers hammering awayupstairs, the enormous stonehome taking shape east of Nor-man — all 5,000 square feet of it —exudes a warm, Old World feel.

Windows and doorways arerounded, a spiraling staircase istaking shape in the entry hall, andhardwood covers the floors, whichwill be finished off with a “dis-tressed” look in the coming days.

Large or small, such details aretypical for Sun Custom Homes,said Kurt Dinnes, 52, who co-founded the company with part-ners Randy Earhart and KeithHocker in 2000. “We do a moreluxurious high-end house wheth-er it’s 1,800 square feet or 7,000square feet,” he said.

HOMEBUILDER GROUP’S LEADERFOLLOWS RECIPE FOR SUCCESS

Home builder Kurt Dinnes, owner of Sun Custom Homes and 2012 president of the Central Oklahoma Home Builders Association, is shownat a house he is building at 1900 72nd Ave. NE in Norman. PHOTO BY STEVE SISNEY, THE OKLAHOMAN

Builder Kurt Dinnes of Sun Custom Homes is building this 5,000-square-foot home in northeast Nor-man. PHOTO BY STEVE SISNEY, THE OKLAHOMAN

BY DYRINDA TYSONFor The [email protected]

SEE DINNES, PAGE 2F

Page 2: The Oklahoman Real Estate

2F SATURDAY, JANUARY 21, 2012 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

And as 2012 president ofthe Central OklahomaHome Builders Associ-ation, Dinnes said he plansto keep a steady hand onthe rudder and let the or-ganization continue to dowhat it does best: offer avoice for its members.

“The advocacy, thevoice, that the HomeBuilders Association pro-vides for all its members isabsolutely essential,” hesaid.

The group works withpolicymakers at all levelsto help keep the OklahomaCity area’s homebuildingindustry strong.

“And it is strong,”Dinnes said. “What is re-ally exciting right now isthe National Associationof Home Builders putOklahoma City as one ofits emerging markets on itsemerging market index, asone of the leading cities inthe United States movingthe homebuilding slump ina positive direction. Sowe’ve had six months,more than six months, ofincreased homebuildingactivity.”

Oklahoma City and Tul-sa appeared on the Na-tional Association ofHome Builders/FirstAmerican Improving Mar-kets Index, which was re-leased earlier this month.

The newest index lists76 metro areas nationwide— 41more than on Decem-ber’s index — pullingthemselves out of thehousing bust in terms ofsingle-family buildingpermits for at least sixmonths in a row. The list iscalculated using a mix offigures from the CensusBureau, the Bureau of La-bor Statistics and FreddieMac.

Dinnes credited themetro area’s diverse poolof builders for OklahomaCity’s strong showing.

“For the most part,they’re small builders, thebuilders who build 10 to 20homes a year,” he said.“And there’s a lot of greatcraftsmanship here in cen-tral Oklahoma. It keeps thehome values to wherethey’re very affordablehere in central Oklahoma.We don’t have a lot of big,publicly traded companieshere because it is so com-petitive.”

That’s good for con-sumers, he said.

“Consumers have a lotof choice and a lot of goodhomebuilders from whichto choose to have theirhome built. I think thatproduces a lot of very, verynice product here in theOklahoma City area,” hesaid.

Dinnes is passionateabout home design andbuilding, his journeys of-ten combining vacationwith reconnaissance, buthe took a roundabout routeto get to this point. Born inSarasota, Fla., and raisedin Denton, Texas, his in-terest was piqued at anearly age.

“Ever since I was a littleboy, I always wanted to bea homebuilder,” Dinnessaid. “I used to walkthrough homes thinking,‘Gosh, if I just could be-come a homebuilder thatwould be the neatest

thing.’ ”By the time he made it to

the University of NorthTexas in Denton, though,his focus had shifted tocommercial art. Heworked at Taco Inn duringcollege, and maybe theowner spotted somethingin the young student —when he decided to sellout, he invited Dinnes tojoin a group in Oklahomato help found a new res-taurant concept.

“And he offered me$800 a month. And Ithought, ‘My gosh, $800 amonth. I don’t think I canspend $800 in any givenmonth,’ ” he said with alaugh.

So Dinnes moved toNorman in 1978 andhelped open the first TacoMayo, helping start whatbecame a chain. One storeled to another, setting inmotion a chain of eventsthat led to a franchisingcompany being formed in1980. Dinnes bought asmall percentage of thatcompany, which contin-ued to grow. He now ispresident of Taco MayoFranchise Systems Inc.

“I got involved in de-signing the Taco Mayosand creating the looks yousee today,” he said.

Sun Custom Homessprang in 2000 from theentity that built those res-taurants, after Dinnes de-cided he had the resourcesand the experience to pur-sue his homebuildingdream. He did so with theblessing of his businesspartner Earhart, who alsoagreed to become a partnerwith him in the customhome business.

Dinnes joined the Cen-tral Oklahoma HomeBuilders Association in2005 and has served on theboard of directors and aschairman of the associ-ation’s 2010 Parade ofHomes. He also has servedas president of the South-west Home Builders Asso-ciation and is on the boardof directors for the GarnerStocker Foundation, anonprofit organization Ta-co Mayo established in1998.

And he relishes his newrole with the Central Okla-homa Home Builders As-sociation.

“It’s truly an honor toserve as the president,” hesaid. “I can’t even begin totell you what an honor it isfor me to do this and servethis association in that ca-pacity.”

Dinnes and his wife,Megan, have been married20 years and have two chil-dren, Alexa Lee-Dinnes,18, and Weston Dinnes, 17.An avid cyclist, KurtDinnes is a regular at theHotter’N Hell Hundred inWichita Falls, Texas, andother rides. In July, he’lltest his mettle in “the mostgrueling event I’ve everdone,” Triple Bypass Ride— involving 120 miles andthree mountain bypassesstarting out from Bergen,Colo.

He’s no stranger tomountain roads, though,riding many miles alongthe winding bywayswhenever he visits his ca-bin near Keystone, Colo.“So hopefully it’ll makeme stronger and won’t killme,” he said with a smile.

FROM PAGE 1F

Dinnes: Group keeps industry strong

Left: The Taco Mayo at 334 E Robinson in Normanwas the first Taco Mayo ever, although it was movedfrom its original location on Main Street. Homebuild-er Kurt Dinnes was part of the founding manage-ment team of the restaurant in 1978.

PHOTO BY STEVE SISNEY,THE OKLAHOMAN

The home in Norman, with 5,000 square feet ofspace, has a lofty entrance.

PHOTO BY STEVE SISNEY, THE OKLAHOMAN

Hardwood floors are installed in a house Kurt Dinnesis building at 1900 72nd Ave. NE in Norman.

PHOTO BY STEVE SISNEY, THE OKLAHOMAN

Work continues on a house by Kurt Dinnes.PHOTO BY STEVE SISNEY, THE OKLAHOMAN

Page 3: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, JANUARY 21, 2012 3FREAL ESTATE

DEAR BARRY: I readyour column religiouslyevery week and it seemsthat most of the problemsanswered by you deal withquestionable inspectionsby home inspectors. I ambeginning to think that themajority of home inspec-tors are either extremelyincompetent or are in thepocket of the sellers or re-alty agents.

How can a buyer find anhonest, reliable, and com-petent home inspector?

ArchieDEAR ARCHIE: Your

question raises more thanone issue, so I offer the fol-lowing four answers:

I 1. Many of the ques-tions I receive are com-plaints about home in-spectors. Human naturebeing what it is, peoplespeak up more readilywhen they have a bad ex-perience than when theyhave a good one.

The fact is there aremany competent home in-spectors in the profession,but people don’t write tosay what a great home in-spection they just had.Therefore, the complaintsshow up often in my arti-cles.

I 2. Unfortunately, thereare many home inspectorswho do not perform thor-ough or competent in-spections. No doubt, thereare some cases where thisis due to unethical rela-tionships with Realtors.Personally, I don’t knowany inspectors who oper-ate on that level, so I ex-pect that collusion of thatkind is a rare practice.

But home inspectors areoften exposed to subtlesuggestions and pressuresfrom agents. Without in-tending to be dishonest,there could be a tendency,in such cases, to soften thepresentation of some dis-closures.

I 3. Some home inspec-tors lack the knowledgeand experience needed toconduct a thorough andadequate property evalua-tion. Most home inspec-tors receive ongoing edu-cation from associationssuch as the American So-ciety of Home Inspectorsand various other state as-sociations.

But not all home inspec-tors are on the advancedside of the educationalcurve.

I 4. The toughest ques-tion is how to find a com-petent, reliable home in-spector. The best I can of-fer is a method that is notfoolproof. Try to findsomeone with years of ex-perience, who has per-formed thousands of homeinspections. Look forsomeone who is regardedby Realtors as a nit-pickyperfectionist.

In fact, you could callreal estate offices and ask ifthere is an inspector who isknown as a “deal killer” or“deal breaker.” Inspectorswith that kind of reputa-tion are likely to be quali-fied and honest.

DEAR BARRY: Thehouse I’m buying is over100 years old, and thereappear to be some struc-tural problems. The mainsupport beam in the base-ment is cracked, causingthe upstairs floor to sag.The sellers have installedtemporary supports andsay that permanent repairscan be done at a later timefor about $1,000. Should I

buy this home or leave wellenough alone?

ChrisDEAR CHRIS: If you se-

riously wish to purchasethis home, you should dis-regard the sellers’ assess-ment of the support prob-lems and have the founda-tion and framing systemsprofessionally evaluated.Concerns regarding the

structural integrity of ahome should not be left tochance or to offhand opin-ions.

The framing defectsshould be investigated by alicensed structural engi-neer. The property shouldalso be fully evaluated bythe most thorough and ex-perienced home inspectoryou can find. Additionalproblems will be revealedby a qualified home in-spector, and with the sell-ers soft-selling a structuraldefect, additional findingscould be decisive.

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

ACTION COAST PUBLISHING

Are good inspectorsthat hard to find?

BarryStone

INSPECTOR’S IN THEHOUSE

Page 4: The Oklahoman Real Estate

4F SATURDAY, JANUARY 21, 2012 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

WASHINGTON — Thoughits demise drew little at-tention because of thepartisan year-end brawlover the payroll tax cutextension in Congress, akey mortgage financingbenefit disappeared at theend of December: Theability of large numbers ofhomebuyers and owners towrite off the premiumsthey pay for mortgageinsurance.

The loss of that taxdeduction — plus manda-tory new fees imposed byCongress on all new con-ventional and FederalHousing Administration-backed loans — couldeffectively ratchet up thecosts of homeownershipthis year.

The expiration of mort-gage insurance deductibil-ity will hit many low-downpayment conventionalloans originated since2007, plus virtually all newmortgages closed this yearwhere the down paymentis less than 20 percent.Though industry expertsdo not have precise num-bers, their estimates rangeinto the millions of exist-ing owners and new pur-chasers potentially touchedby the deductibility termi-nation. Borrowers usingguaranteed veterans andrural housing loans, wheredown payments can dropto zero, also are affected.

The change in the lawtook effect Jan. 1 alongwith the expiration of 58other tax code benefitsthat Congress failed torenew, such as credits forhome energy improve-ments, credits for buildersof energy-efficient newhouses and deductions forstate and local sales taxpayments. They were allcomponents of what wouldhave been an annual “taxextenders” bill authorizingcontinuation of relativelynoncontroversial expiringbenefits for another year ormore. Congress could stillreauthorize all or some ofthe write-offs retroactivelythis year, but the currentpoisonous political atmo-sphere on Capitol Hillraises doubts about thetiming of that scenario.

The mortgage insurancepremium deduction datesto legislation enacted in2006. It allows purchasersand refinancers who useeither private mortgageinsurance or federal insur-ance or guarantees, andwho itemize on their fed-eral tax returns, to writeoff their premiums. Bor-rowers who are single ormarried and filing jointlywith adjusted gross in-comes of $100,000 or lesscan write off 100 percentof their annual mortgageinsurance premiums. Mar-ried homeowners filingsingly can write off 50percent of premiums. Bor-rowers with incomes above$100,000 may qualify forpartial deductionson asliding scale.

In many cases, the post-tax savings for these bor-

rowers are significant. Newbuyers with an income of$100,000 and a mortgageof $200,000 would savebetween $600 and $1,000a year, depending on theircredit score and loan-to-value ratio, according toMGIC, one of the largestprivate mortgage insurersin the country. For house-holds with lower incomes,the impact would be less,depending on their mar-ginal federal tax brackets.

David Stevens, whoserved as FHA commis-sioner and is chief exec-utive of the MortgageBankers Association, saidthe loss of deductibility ofmortgage insurance “hits asegment (of consumers) —middle-income and first-time buyers — where af-

fordability is especiallyimportant.”

But mortgage insurancewas not the only housing-related casualty of thepre-Christmas skirmish-ing. As part of the tempo-rary extension of the pay-roll tax cut, negotiatorstacked an unusual provi-sion that raises fees on themajority of conventionalmortgages — those orig-inated for sale to or guar-antee by Fannie Mae andFreddie Mac. Starting inApril, Fannie and Freddiewill impose a surtax on theguarantee fees they chargeprivate lenders equal toone-tenth of 1 percent.Lenders are virtually cer-tain to pass those fees toconsumers in the form of ahigher note rate or loancharges up front. Industryestimates suggest the sur-tax could add an eighth ofa percentage point to ratesand raise costs to borrow-ers over the life of the loanby more than $4,000 on a$200,000 mortgage.

Unlike standard guaran-tee fees, which are used by

Fannie and Freddie to de-fray loan-default expenses,the new funds will be sentdirectly to the Treasury tohelp pay for the $36 billioncost of the temporary pay-roll tax cut. FHA loans alsowill be hit with a fee in-crease by the payroll bill,raising the annual premi-ums it charges new bor-rowers by one-tenth of apoint.

At a time when the Fed-

eral Reserve is warningthat there can be no broadeconomic improvementuntil housing recovers, itmay strike you as oddpublic policy to raise costsfor homebuyers and refi-nancers in order to fundunrelated, temporary taxrelief. But that’s not theway they saw it on CapitolHill in the rush to holidayrecess.

Bottom line: The mort-

gage insurance deductibil-ity problem may disappearif mortgage insurance getsincluded in an election-year “extender” package.But the fee hikes on mostnew mortgages are here forthe foreseeable future, sofactor them into yourhousing budget.

Ken Harney’s email address [email protected].

WASHINGTON POST WRITERS GROUP

Mortgage insurance deductible takes hitKennethHarney

THE NATION’S HOUSING

Page 5: The Oklahoman Real Estate

5FSATURDAY, JANUARY 21, 2012THE OKLAHOMAN NEWSOK.COM

Page 6: The Oklahoman Real Estate

6F SATURDAY, JANUARY 21, 2012 THE OKLAHOMAN | NEWSOK.COM

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PROFESSIONAL REALESTATE SERVICES

SINCE 1982

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Spectrum Management848-9400

usespectrum.com

Seeking roommate toshare house, smokingokay, $400 mo utilities

included, 326-9251

FORECLOSURES128, 1-4 bdrm homes in

NW OKC start @ $24,900Patrick @Allied 740-6616

OWNER CARRY 3 bed,1 bth, 1c, ch&a, $4K dwn,1157 NW 81st, 348-2108

2 Beautiful Homes''3 bedroom''

new carpet, texturedwalls, all the goodies,look brand new, pricedto sell starting at $600

a month. 570-4291.Financing Available.

OWNER FINANCING$2000 down No Credit Ck1504 Johnston 3/1 $61,000

417 SE 50 3/2 $51,0001204 SW 56th 2-3/1 $56K1041 SW 32 2/1 $45,000

2509 SW 39 3/1 $51,000¡596-4599 ‘ 410-8840¡

Bank Owned Updated4/3.5/3, Rivendell, 3012sf,new roof, carpet & paint.2 liv, 2 din, office, study,.27acre, gazebo, MooreSchools $279,900Realty Experts 414-8753

Sharp 3bd Brick Homech/a nice well kept area,fresh paint, only $64,900Fidelity410-4300, 692-1661

Open House 2-4,2736 SW 84. Moore Schs3/2/2, NM Rlty 613-9739

Winds West Addn, 3/2/2brick, corner lot $86,500Realty Experts 414-8753

4bd 2.5ba w/office on 1ac MOL 30' abv grnd poolw/huge deck sprink sys,

storm shelt $217,500Lisa Cleaton & Assoc

919-5717

NEW HOME under const3bd 2ba approx 1442' on

.21 ac MOL $144,900Lisa Cleaton & Assoc

919-5717

OPEN SUN 2-4NW Exp between

Mustang Rd & Sara S onCharleston Way to 116thE to hm on right. 3/2/2approx 2001' Piedmontschls $195,000 10812

NW 116th CarmenCleaton & Assoc

833-0106

Close in Noble,5 wooded acres,

owner carry, 226-2015.

2K A or more $14,950$450dn $145mo Tuttle area18mi SW of OKC745-5889

5bd/3ba/2car 1654sf Clos-ing. Hm warr. Exquisitehm. Below mrkt. 615-0785

FORECLOSURES47, 1-4 bdrm homes in

Edmond start @ $25,900Patrick @Allied 740-6616

OWNER FINANCING$2000 down No Credit Ck522 E Douglas Dr. $49K¡596-4599‘ 410-8840¡

1710 N Doug Blvd,Owner carry w/down.

Fixer • 417-2176

BANK OWNED 3/1.5/2 brknew crpt, roof, tile, paint,appls, counters &cha $84.9kRealty Experts 414-8753

3/2K /2 TH, 430 NE 115,FP, new wood & tile flrs1500sf $75,000 600-2874

PIEDMONTOPEN SAT 2-4 & SUN 2-5Model home. New hms

on 1/2 ac lots. From NWExpwy & Sara Rd go 4.5mi N Cleaton & Assoc

373-2494

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

OWNER FINANCING1-10 Acres

Many LocationsCall for maps405-273-5777

www.property4sale.com

NEWCASTLE AREA:150 AC. MOL,

GREAT LOCATION FORDEVELOPMENT!

WILL SUBDIVIDE.CALL 405-406-0076

CASHION ACREAGES6-12 ac tracts starting @

$25,000 w/owner finpossible Lisa Cleaton &

Assoc 919-5717

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

E of OKC. o/a 275-1695

Water Well, 2.82 ac,fronts on 12 ac lake near

Lexington & Purcell,Owner carry, 226-2015.

PIEDMONTOPEN SAT 2-4 & SUN 2-5Model home. New hms

on 1/2 ac lots. From NWExpwy & Sara Rd go 4.5mi N Cleaton & Assoc

373-2494

YUKON OPEN SUN 2-4NW Exp between

Mustang Rd & Sara S onCharleston Way to 116thE to hm on right. 3/2/2approx 2001' Piedmontschls $195,000 10812

NW 116th CarmenCleaton & Assoc

833-0106

Double Your Tax Refund!!Double your money or useyour land/family land forZERO down. New & RepoHomes. $2500 Furniturepackage w/new purchase.

Free phone app. WAC405-631-7600

312 S. CarneyCarney, OK

3bd/2bth Mobile Homeon large lot

Woodlake Properties273-5777

Cavalier Mobile Home1998 Cavalier apr 2400ft4lgbd 3bth 2lvg home to

be moved motivatedseller call 405-812-6224

$49,500 obo

REPO REPO REPOPALM HARBOR4bd/3bth 32 x 80

high quality, Belowwhole$ale. Call now

405-324-8000

Cash 4 Clunkers!!Trade your used home in

for a new home withZero Down! Get up to$25,000 for your used

home. WAC 405-631-7600

Abandoned D/W Reposet up on 5 Acres!! Readyto move in. Free phone

application 405-631-7600

MOORE - 1997 2 bdrm, 2bath, move-in ready.

Avail after 2/1.816-289-9855 ask for Gary

Trade your trailer. PushPull or Drag. Guaranteed$5000 & UP! 405-631-3200

3 bed Double on CornerLot $428/mo Financing

Avail. 405-324-8010

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

Owner carry with down.Nice homes & fixers.

417-2176www.homesofokcinc.com

I BUY HOUSESAny condition. No cost

to U 410-5700

I BUY & SELL HOUSES27 YRS EXP 650-7667

HOMESOFOKCINC.COM

SHAWNEE AREA smallequipment rental/smallengine repair. 25years in

Excellent High TrafficLocation. Serious inquirieswith solid finances only.

4 0 5 - 4 0 9 - 8 3 1 3

Laundry For SaleNW OKC leased location.

$34,500 405-761-6795

PRIME RETAIL LOCATIONI-35 frontage, showroom,ofcs, warehouse 10,800sf$5,000mo. 8801 S. I-35Dale or Mike, 631-4447

Own Your Own BusinessFor Lease: Car Lot near

Wal-Mart store at8600 NE 23rd St. Call943-2250 or 642-2947

SMALLBUSINESSLOCATION1250 sf. S. 89th & I-35

$500mo. ph: 631-4447

WAREHOUSE / OFFICE4609 S. Rockwell, 2856sf$1000/mo. 1 MONTH FREE

RENT. Gene 359-4966

For Lease Midtown ClassA Executive Office Space136 NW 10th, OKC. TwoOffice Suites including3100 and 3500 sq. ft,

each with separate fullkitchens, 10 ft ceilings,

granite counter tops andvery nice finishes. To-tally renovated. Free

parking. 16.50 / sq. ft.405-235-4500

(Ask for George)gbrown@

browngouldlaw.com

Office- Bills pd receptarea, kit, others benefitsmove in today. 516-0775

7608 N Western AveRetail/Office space, up

to 2200sf avail, 370-1077

GREAT Office SpaceVarious NW locations300-6000sf 946-2516

6000sf Warehouse Ofcs13919 N. Harvey Ave

Oklahoma City, OK 73114

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

» 2 bedroom, NO PETS»$135/wk, fully furnished,references » » 672-0877

MOVE IN NOW!Pd. water/garbage Quiet.Try Plaza East•341-4813

Free Month Rent! 1&2bdQUIET! Covered ParkingGreat Schools! 732-1122

112K SE 1st, 1bd, waterand garbage paid $375Fidelity410-4300, 692-1661

»» ALL BILLS PAID»»310 S Lahoma nice, clean,

1bd efficiency $350Fidelity410-4300, 692-1661

$99 MOVE IN + DEP 1, 2,3BD, Newly renovated!

S8 OK Call today 475-9984

$100 Off1st Mo Rent 1&2 BedroomsFurnished & Unfurnished

NEWLY REMODELEDGATED COMMUNITYCAVE CREEK

ON ROCKWELL3037 North Rockwell

495-2000

$99 Move Inon Selected Units

LARGE TOWNHOMES& APARTMENTS

• Washer, Dryers, pools• PC Schools, fireplacesWILLIAMSBURG

7301 NW 23rd

787-1620

2, 3 & 4 bedroomsIsola Bella Gated com-munity, Fitness center,

indoor pool, dogpark,Putnam City Schools,granite countertops,Cherrywood cabinets,full size connections

available in some homes.No pet weight limit.

405-721-2191

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

2221 N. Meridian

946-6548

Spacious 2bdSpecial

1 Mo Free Casady751-8088

New Year - NewlyRemodeled, 2 bed,

NW 50th & Portland»» 405-692-5584 »»

Plaza Apts – Art Deco1740 NW 17 1bed 1ba750sf $500mo $250dep409-7989 no sec 8

1716 NW 17th spacious1bd, ch/a, all built-insonly $295! Fidelity RE410-4300, 692-1661

Briargate 1718 N Indiana1bd, 1ba, 800 sf, woodfloors, all elect, $525 mo,$250 dep 409-7989

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

Clean & Quiet, 2 bd, 1 ba,dwnst ch&a $550/$300dep. no sec 8. 370-0278.

Walford Apts-Midtown-518 NW 12 Studio 650sf$625mo $300dep 409-7989

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

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

800 N. Meridian 1bdAll bills paid 946-9506

»»»»»»»»»»»»»» Bills Paid 681-7561 »» 1 bd From $550 Move»» 2 bd From $650 In»» 3 bd From $740 Today»» Call for Special »»»»»»»»»»»»»

$99 SPECIALLg 1bdr, stove, refrig.,clean, walk to shops.$345 mo. 632-9849

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

3315 1/2 SW 28th2bd apt upstairs, all bills

pd $575/mo 408-5836

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

$420 mo. 632-9849

$305-360furnished efficiency2820 S Robinson 232-1549

»»»»»»»»»»»»»» Bills Paid 354-5855 »» 1 bd From $550 Move»» 2 bd From $650 In»» 3 bd From $740 Today»» Call for Specials »»»»»»»»»»»»»

Hampton House, 2 bed,free heat, fireplace,

$650 mo + dep, 924-7851

Luxury Duplexes, 1900sq ft, 2 bedroom, 2 bath,

2 car gar, $1,000/mo,$500dep. 405-227-5467

2bd, 1K ba 1car 7605NW 113th Pl. $650mo +$600dep. 936-9058 O/A

Nice 1bd liv 2din applsw/d hkup 2905 NW 18$425 301-5979 no sec 8

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

Bills PaidFurnished/Unfurnished

Weekly/Monthly 370-1077

3bd 2ba 2car 1700sf$900/mo

Call Alex 990-0488

5907K NW 40th, 1 bed,1 ba, fenced yard, $425

mo, $350 dep, 921-6981.

2 properties available:2/1, close to high school;3/1, large kitchen; CallKerry, 405-409-7972.

Newly remodeled, 3bd,2ba 2 liv, $725mo + dep.4712 Karen Dr 414-2578

3929 SE 11th, 3bd 1ba,fncd bckyrd, ch&a, $475$300dep 405-760-8392

2208 Doris 2/1 $450Free List 681-7272

21240LkShdws4/3.5/3$250012817Burlingame4/3/2$19008330 Belcaro 3/2.5/3 $2095Express Realty 844-6101www.expressrealtyok.com

512 NW 141st, 3/2/2beautiful home in nicearea, all ceramic, Edm.Schls. $1000 749-0603

For Lease: 3bd, 2ba,1900sf, community pool$1375/mo 245-3166

3/2/1 brk kit appls yr lseClean avail now $700+deps 454-2314/664-3751

Houses & MH's NE,Near Jones,

733-8688

3 bedroom, 5 acres,$1500/month.405-408-0451

Houses All Areas-Free List4 bed from $595-12953 bed from $495-9952 bed from $395-795

605-5477 2545 SW 59th

2 bed, 1 bath, $535month, $500 deposit,near TAFB, 740-8419.

602 W Lockheed 3/1$550Free List 681-7272

943 NW 2nd 3bd 1.5bath1car 900sf $750 + dep4bed 3bath 4car 3000sf,5.25 acres $1750 + depHome&RanchRlty794-7777

Move in ready now!3/1/1 f/p ch&a new paint/carpet. no pets $750mo.

$600 dep. 410-9751

951 NW 2nd nice 3bdbrick home, 1car garage,fresh paint, clean, $750Fidelity410-4300, 692-1661

3/1.5/2 1001 Newport$825mo $400dep No petsNo Sec. 8 799-4229

115 SW 42, 2bd 1ba, lgutility room, central heat$500mo $300dep703-1278

2bed on 2acres fenced in.stove/frig. $650mo 1st &

last mo rent. Mary771 4347. Sue 943-1261

Sec 8, 2808 NE 18th,3bd, 1ba, like new,updated, 417-5833

2933 NW 70 3/2 $89511701LeaningElm3/3/2 $15006704 NW 124 3/2/2 $12504712 Byron 3/2.5/2 $12007616 NW 27 3/1.5/2 $10954712 Hemlock 3/2/1 $11506709 NW 59 Tr 2/1/1 $750Express Realty 844-6101www.expressrealtyok.com

2305 NW 34th, 2 bed, 1bath, $300 dep, $550 mo,water paid; 1910 W ParkPlace, 3/4 bed, 1 bath,ch&a, $350 dep, $625mo; 549-3880.

2bd 1ba 4001 NW Libertych&a, wd hu. $685mo

$500dep 831-0825

Houses All Areas-Free List4 bed from $595-12953 bed from $495-9952 bed from $395-795

605-5477 2545 SW 59th

2212 NW 26th nice 4bdbrick home 2ba detachedgarage, fireplace, greatarea, only $795. Fidelity410-4300, 692-1661

3232 Brushcreek, inQuail Creek on the golfcourse, 3 bed, 2.5 bath,2 car, 1 FP, $2275 mo,$2000 dep. ¡ 831-0825

Section 8 approved,3 bed, 2 bath, washer,

dryer, refrigerator,3112 NW 29th, 360-5960

Oldetowne » 2bd 2ba9200 Stonegate attach gar.1 mi. to Tinker 769-7177

3bd/2ba/2car, brk home,lrg lot, SE Moore, nicearea. $975 O/A 823-6856

About to Repo2bd/2bth, Large Living,Fenced Yard $324/mo.

readynowwac.405-577-2884

310 Volton Pl. 3 bed, 1.5bath, back fenced yard,ch&a, new carpet, 1 car

garage, $650 month,$650 deposit, 550-2043

»» ALL BILLS PAID»»Pre-Winter Special

$189 1st Mo293-3693

DREXEL ON THE PARK

Commercial RE

Established Business For Sale

Acreage For Sale 302

Edmond 314

Del City 313

RE for sale

MWC 317

Norman 322

Yukon 330

Piedmont 327

OKCSouthwest 326

OKCNorthwest 324

OKCNortheast 323

Open Houses 334.2

Mobile Homes, Manufactured Houses 339

Real EstateWanted 346

Real EstateNotices 345

Yukon 438

Moore 447

MWC 446

Norman 429

Moore 425

Edmond 422

Del City 421.5

MWC 424

Condominiums,TownhousesFor Rent 441

OKCSouthwest 433

OKCSouthwest 433OKC

Northwest 431

OKCNorthwest 431

OKCNortheast 430

Bethany/Warr Acres 420.5

Duplexes

Apartments

OKCNorthwest 453

Hotels/Motels 462

Yukon 460

Bethany/Warr Acres 464.5

RE for rent

MWC 468

Jones 467

Harrah 466.5

Edmond 466

Del City 465.5

Moore 469

OKCNorthwest 475

OKCNortheast 474

Mobile HomeRentals 483

OKCSouthwest 477

OKCSoutheast 476

OKCSoutheast 476

Rooms For Rent 489

Rental Services 487

Offi ce SpaceFor Rent 363

Industrial PropertyFor Rent 361

Business Property For Rent 360

Warehouse SpaceFor Rent 363.5

Page 7: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, JANUARY 21, 2012 7FREAL ESTATE

Oklahoma CityLippert Bros Inc., 14613 N

May Ave., church, add-on,$7,000,000.

Flowers Construction,6101 SW 67, warehouse,erect, $1,000,000.

Wynn Construction Co.Inc., 1015 SW 2, warehouse,add-on, $972,600.

Cyntergy, 7800 NorthwestExpressway, retail sales,remodel, $750,000.

Silvercliffe Construction,5701 SW 5, office, remodel,$730,000.

Silvergate Construction,3000 N Villa Ave., storage,erect, $725,000.

Silvergate Construction,3000 N Villa Ave., storage,erect, $725,000.

Silvergate Construction,3000 N Villa Ave., storage,erect, $725,000.

Silvergate Construction,3000 N Villa Ave., storage,erect, $725,000.

City of Oklahoma City, 231SW 10, land mark, install,$500,000.

Brent Swift Design Build,1006 NW 37, apartment,erect, $475,000.

Lingo Construction Ser-vices, 201 NW 10, office,remodel, $450,000.

Central Precast, 10901 SSanta Fe Ave., church, add-on, $450,000.

Justice Homes Inc., 7604NW 135, residence, erect,$435,000.

Russell Construction, 11725Pamalos Trail, residence,erect, $425,000.

Two Structures LLC, 3200NW 176 Place, residence,erect, $420,000.

Design Conveyor SystemsInc., 2701 SW 18, warehouse,remodel, $416,257.

Ali Heidori, 1317 SW 54,parking, install, $400,000.

Graham Construction &Development, 3631 SW 54,manufacturing, remodel,$400,000.

Brent Swift Design Build,1000 NW 37, apartment,remodel, $400,000.

Towne East Homes LLC,9701 Stevens Ave., residence,erect, $375,000.

Richardson Homes, 7532 EMemorial Road, residence,erect, $357,863.

Home First Inc., 5001 SE150 Court, residence, erect,$350,000.

Joe Harville Construction,11801 Tuscany Ranch Road,residence, erect, $325,000.

Silvergate ConstructionInc., 8400 N Coltrane Road,accessory, erect, $325,000.

Sooner Traditions LLC,920 SW 92, residence, erect,$320,000.

Renaissance CustomHomes LLC, 3104 SW 140,residence, erect, $280,000.

Chet Walters Homes Inc.,1504 NW 172, residence,erect, $270,000.

Onpoint Construction,8600 Halbrook Manor Lane,residence, erect, $270,000.

Manchester Green HomesLLC, 1509 NW 186, resi-dence, erect, $257,600.

Manchester Green HomesLLC, 1433 NW 187, resi-dence, erect, $254,800.

Mark Sauerwald, 3042NW 39, automotive repair-wash, erect, $250,000.

Old World Design BuildLLC, 904 NW 196 Place,residence, erect, $250,000.

Greystone Homes LLC,19521 Talavera Lane, resi-dence, erect, $250,000.

A.C. Owen ConstructionLLC, 6100 NW 2, office-warehouse, remodel,$250,000.

Bitter Creek Homes LLC,19809 Crest Ridge Drive,residence, erect, $250,000.

Freels & Association, 850N Meridian Ave., apartment,erect, $250,000.

Manchester Green HomesLLC, 1505 NW 187, residence,erect, $246,050.

Allenton Homes & Devel-opment LLC, 7013 NW 161,residence, erect, $241,000.

Landstar Homes OKCLLC, 16128 Evan Shaw Court,residence, erect, $240,000.

Landstar Homes OKCLLC, 16117 Evan Shaw Court,residence, erect, $240,000.

Willis (Don) CustomHomes Inc., 6309 BentWood Drive, residence,

erect, $235,000.Stone Ridge Homes LLC,

209 NW 153, residence,erect, $235,000.

Eclectic Homes Inc., 1417NW 175 Court, residence,erect, $230,000.

Taber Built Homes LLC,16212 Josiah Place, residence,erect, $230,000.

Manchester Elite HomesLLC, 15601 Pompeya Lane,residence, erect, $226,700.

Benchmark PremierHomes, 9300 Regina Ave.,residence, erect, $221,500.

Katleron ConstructionInc., 12705 Williamson FarmsBlvd., residence, erect,$210,000.

Gary Owens Carpet &Construction Inc., 1500Stable Rock Road, residence,erect, $207,600.

Leonard Construction &Mustard Seed Construction,21021 SE 98, residence, erect,$205,000.

Glenstone Homes LLC,1713 NW 196, residence,erect, $200,000.

Glenstone Homes LLC,1709 NW 196, residence,erect, $200,000.

Sun Contracting LLC,5008 SW 126 Terrace, resi-dence, erect, $200,000.

4 Corners ConstructionLLC, 5712 NW 163 Terrace,residence, erect, $200,000.

McCarthy Building Cos.,4300 W Memorial Road,hospital, remodel,$200,000.

Manchester Green HomesLLC, 1428 NW 188, resi-dence, erect, $198,450.

Vesta Homes Inc., 9117Lolly Lane, residence, erect,$192,000.

League Custom HomesLLC, 8820 NW 110, resi-dence, erect, $190,000.

Taber Built Homes LLC,19213 Butterfly Blvd., resi-dence, erect, $190,000.

Taber Built Homes LLC,2408 NW 155, residence,complete, $190,000.

I.T. Flowers Corp., doingbusiness as Tiffany StyledHomes, 12800 SW 53, resi-dence, erect, $190,000.

Two Structures LLC, 9128NW 90 Circle, residence,erect, $190,000.

League Custom HomesLLC, 8816 NW 110, resi-dence, erect, $183,000.

Baer Hall Homes, 304 SW171, residence, erect,

$180,000.RGLA, 2501 W Memorial

Road, retail sales, remodel,$180,000.

Grace Contracting LLC,14704 Metro Plaza Blvd.,warehouse, erect, $178,000.

Shawn Forth CustomHomes, 18201 HaslemereLane, residence, erect,$177,800.

4 Corners ConstructionLLC, 14300 Almond ValleyDrive, residence, erect,$176,000.

League Custom HomesLLC, 12545 NW 7, residence,erect, $172,000.

Vesta Homes Inc., 9012Lolly Lane, residence, erect,$169,000.

Vesta Homes Inc., 9201Misty Lane, residence, erect,$169,000.

Kinser Construction Co.,1221 SE 29, business, erect,$160,000.

Reliable Enterprise Inc.,3832 N Ann Arbor Ave.,automotive repair-wash,add-on, $155,000.

Red Eagle ConstructionLLC, 3224 NW 19, residence,remodel, $154,000.

Arcvision, 305 NW 23,retail sales, remodel,$150,000.

D.R. Horton, 5916 NW160, residence, erect,$147,500.

D.R. Horton, 5909 NW162, residence, erect,$147,500.

D.R. Horton, 9608 SquireLane, residence, erect,$145,800.

Cutter Homes, 2312 Ma-kaila Way, residence, erect,$145,000.

Vesta Homes Inc., 12104Chesterfield Lane, residence,erect, $144,500.

Cutter Homes, 11741 SW 22Terrace, residence, erect,$140,000.

Design DevelopmentService, doing business asElite Quality Homes, 4900SW 126 Terrace, residence,erect, $132,800.

Westpoint Homes, 6005NW 151, residence, erect,$130,000.

R&R Homes LLC, 10712SW 36, residence, erect,$130,000.

R&R Homes LLC, 3609Tecumseh Drive, residence,erect, $130,000.

Sun Properties LLC, 2005Mark J Ave., residence,

erect, $125,000.Tom Abel Custom Homes

LLC, 9105 Lolly Lane, resi-dence, erect, $125,000.

D.R. Horton, 9705 AllieHope Lane, residence, erect,$124,800.

Ideal Homes of NormanLP, 2404 SW 139, residence,erect, $124,000.

Katleron ConstructionInc., 12709 WilliamsonFarms Blvd., residence,erect, $118,000.

Ideal Homes of NormanLP, 13036 SW 5, residence,erect, $115,000.

Home Creations, 2336NW 196 Terrace, residence,erect, $112,400.

Ideal Homes of NormanLP, 18413 Carillo Road, resi-dence, erect, $109,000.

McBride Orthopedic Hos-pital, 9600 Broadway Exten-sion, business, remodel,$106,000.

Home Creations, 11633 SW10, residence, erect,$101,200.

Ideal Homes of NormanLP, 2401 SW 137, residence,erect, $101,000.

Home Creations, 11629 SW10, residence, erect,$100,700.

Rausch Coleman HomesLLC, 6012 Johnnie Terrace,residence, erect, $100,000.

VP Homes, 11233 NW 105,residence, erect, $100,000.

Dowell Properties Inc.,250 N Robinson Ave., office,remodel, $100,000.

Smith & Pickel, 5804 NWGrand Blvd., office, remodel,$100,000.

Ideal Homes of NormanLP, 13044 SW 5, residence,erect, $96,000.

Ideal Homes of NormanLP, 18509 Agua Drive, resi-dence, erect, $90,000.

Marva Ellard, 711 N Hud-son Ave., duplex, remodel,$85,000.

Robert C.Q. Lewis, 707 NHudson Ave., duplex, re-model, $85,000.

Ideal Homes of NormanLP, 15233 Stillwind Drive,residence, erect, $81,000.

Sooner Traditions LLC,922 SW 92, residence, erect,$80,000.

Sooner Traditions LLC,924 SW 92, residence, erect,$80,000.

Sooner Traditions LLC,926 SW 92, residence, erect,$80,000.

Ideal Homes of NormanLP, 1817 NW 143, residence,erect, $80,000.

Ideal Homes of NormanLP, 1624 NW 143, residence,erect, $80,000.

Ideal Homes of NormanLP, 15232 Stillwind Drive,residence, erect, $75,000.

PSC Homes Inc., 721 NW121 Terrace, residence, erect,$75,000.

Lingo Construction Ser-vices, 1117 N Robinson Ave.,canopy-carport, add-on,$75,000.

Richardson Homes, 3200Sunnyslope Drive, residence,add-on, $75,000.

Ideal Homes of NormanLP, 2604 NW 186, residence,erect, $70,000.

NAPCO, 3316 N UtahAve., residence, fire restora-tion, $70,000.

Paint Booth Specialists,3101 NW 38, automotiverepair-wash, remodel,$68,310.

Sam Gresham Architects,4401 W Memorial Road,business, fire restoration,$50,000.

Karen Moore, 11918 SW 16,manufactured home, move-on-mobile home park,$46,900.

Moe Brown, 3225 LampPost Lane, accessory, erect,$40,000.

Verna Schrameck, 2209NW 50, residence, add-on,$40,000.

Southwest Builders, 11900Blueridge Court, residence,add-on, $36,000.

David P. Martin, 7632 SE149, office, remodel,$34,000.

Juan Eliondo, 609 S Shar-tel Ave., residence, fire res-toration, $30,000.

Kyoo Wan Yoo, 125 WBritton Road, restaurant,remodel, $30,000.

Dandy Homes, 18921 Sun-rise Road, residence, move-on, $30,000.

Callahan Steel Buildings,10601 S Council Road, ac-cessory, erect, $25,000.

Callahan Steel Buildings,8604 NW 155 Place, accesso-ry, erect, $20,000.

Goodman Network, 1259W Interstate 240 ServiceRoad, tower-antenna, install,$20,000.

Alloy Building Co., 11800

Permits

SEE PERMITS, PAGE 8F

Page 8: The Oklahoman Real Estate

8F SATURDAY, JANUARY 21, 2012 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

SE 44, accessory, erect,$20,000.

Turnage Construction,2815 NW 10, retail sales,remodel, $20,000.

Shamrock IV LLC, 711 NE16, residence, remodel,$18,000.

CBR Commercial Con-tractors, 14201 N May Ave.,retail sales, remodel,$17,000.

Redbud Signature HomesLLC, 226 Dean A. McGeeAve., office, remodel,$17,000.

Nashert Constructors Inc.,615 SW 27, assembly hall,remodel, $15,000.

Poff (Doug) Homes, 11900Maple Ridge Road, resi-dence, add-on, $11,000.

Ichiro Takahata, 2800Pembroke Terrace, resi-dence, add-on, $10,000.

K. Kelley Construction,doing business as K. Kelley,2728 Texoma Drive, resi-dence, remodel, $10,000.

NAPCO, 4041 NW 16,residence, remodel, $10,000.

Home Creations, 2353 NW196, residence, erect, $7,700.

Richard Yarber, 6013 SE66, storm shelter, erect,$7,500.

Michael Cole, 8600 SRoss Ave., residence, firerestoration, $6,000.

Kerby Lamb, 11812 GrandeMesa Terrace, storm shelter,install-storm shelter, $4,895.

Walter Kowardy, 500 SW164 Terrace, storm shelter,install-storm shelter, $4,895.

Melba Byars, 1805 NW160, storm shelter, install-storm shelter, $4,700.

Ryan Jones, 8904 PrairieRidge Road, storm shelter,install-storm shelter, $4,595.

Wayne and Linda Boyd,1613 Cedar Creek Terrace,storm shelter, install-stormshelter, $4,295.

J-N-C Transport, 3308 SE89, manufactured home,move-on-mobile home park,$4,214.

Amy Pruitt, 7200 NE 121,storm shelter, install-stormshelter, $4,200.

Michael Ogan, 16432Grace Anne Court, stormshelter, install-storm shelter,$4,050.

Dena Phillips, 2404 SW137, storm shelter, install-storm shelter, $4,000.

Victor Aguilera, 9009 NW10, manufactured home,move-on-mobile home park,$4,000.

Brian Morgan, 1701 NW164 Circle, storm shelter,install-storm shelter, $3,995.

Brian D. Johnson, 10717Center Lane, storm shelter,install-storm shelter, $3,950.

Johnnie Nesbitt, 1444 EEuclid, accessory, erect,$3,575.

Susan Alvarez, 4344 NW16 Terrace, canopy-carport,add-on, $3,500.

William T. Cunningham,6525 Westrock Drive, stormshelter, install-storm shelter,$3,500.

Dizani and Debra Ali, 2413SW 114, storm shelter, in-stall-storm shelter, $3,395.

William Collier, 6524 NW113, storm shelter, install-storm shelter, $3,300.

Dana Wood, 2909 SW 111,storm shelter, install-stormshelter, $3,295.

Donna Hartis, 11000 NW101, storm shelter, install-storm shelter, $3,295.

Lindsey Williams, 9208Sue Anthony Lane, stormshelter, install-storm shelter,$3,295.

Michael Lewchuk, 2829NW 158, storm shelter, in-stall-storm shelter, $3,295.

Nick and Donna Mat-thews, 1204 SW 118 Place,storm shelter, install-stormshelter, $3,295.

Charles A. Anderson, 521Brookwood Drive, stormshelter, install, $3,250.

John Sequin, 15124 StoneySpring Road, storm shelter,install-storm shelter, $3,200.

Damon Yarborough, 3028Canton Trail, storm shelter,install-storm shelter, $3,195.

Gary Kirshner, 17205 Tri-ana Drive, storm shelter,install-storm shelter, $3,195.

Jerry Boismier, 8116 NW63 Terrace, storm shelter,install-storm shelter, $3,100.

Justin Teders, 10816 NW38 Terrace, storm shelter,install-storm shelter,$3,000.

Lee Dickey, 8918 DonleyDrive, manufactured home,

move-on-mobile home park,$3,000.

Shirley Lykins, 3008 SW110, storm shelter, install-storm shelter, $3,000.

Viet Nguyen, 10608 Fair-way Ave., storm shelter,install-storm shelter,$3,000.

Cary Amundsen, 2608Dorchester Drive, stormshelter, install-storm shelter,$2,995.

Dave Stephenson, 620 SW159, storm shelter, install-storm shelter, $2,995.

Deranda Scott, 15600Summit Parke Drive, stormshelter, install-storm shelter,$2,995.

Jered Guinn, 15501 ColoniaBella Drive, storm shelter,install-storm shelter, $2,995.

Kristi Gilmore, 6501 NW113, storm shelter, install-storm shelter, $2,925.

Gary Tucker, 12509 Preak-ness Road, storm shelter,install-storm shelter,$2,900.

Jaime L. Pagan, 10220 SE55, storm shelter, install-storm shelter, $2,900.

Jeff Thompson, 1817 NW193 Circle, storm shelter,install-storm shelter, $2,845.

Abigail Twyman, 10429NW 45, storm shelter, in-stall-storm shelter, $2,700.

Angelina Johnson, 1320Williams Drive, storm shel-ter, install-storm shelter,$2,700.

Home Creations, 3005NW 182 Terrace, storm shel-ter, install-storm shelter,$2,700.

Home Creations, 3049NW 182 Terrace, storm shel-ter, install-storm shelter,$2,700.

Nicholas J. Samarripus,13901 Korbyn Drive, storage,install-storm shelter, $2,700.

D.R. Horton, 2313 NW 154,residence, install-stormshelter, $2,600.

Arturo Rodriquez, 3237SW 38, residence, add-on,$2,500.

Lee and Lorna Smith, 1622Grey Fox Run, storm shelter,install-storm shelter, $2,500.

Salvador Reyes, 6401 NE109, residence, add-on,$2,500.

Susan Alvarez, 4344 NW16 Terrace, residence, add-on, $2,500.

Kara Mae Lee, 3037 SW94, storm shelter, install-

storm shelter, $2,495.Robbie Asher, 9517 SW 32,

storm shelter, install-stormshelter, $2,495.

Scott and Shelly Sachau,10533 NW 45 Court, stormshelter, install-storm shelter,$2,470.

Ideal Homes of NormanLP, 18409 El Greco Drive,storm shelter, install-stormshelter, $2,300.

Bob Schuman, 9917 Pais-ley Road, accessory, erect,$2,200.

Aliro Cofre, 3033 SW 64,storage, erect, $2,000.

Lori Turner, 6000 NE 63,manufactured home, move-on, $1,500.

Luis Jacquez, 1244 SW 30,accessory, erect, $1,500.

Peruch Construction, 2925NW 71, canopy-carport,add-on, $1,500.

Vesta Homes Inc., 12104Chesterfield Lane, accessory,erect, $1,500.

Socorro Erives, 2208 SW71, canopy-carport, add-on,$1,100.

DemolitionsMidwest Wrecking Co.,

12520 NE 36, pool house.Midwest Wrecking, 7737

NW 94, shopping center.Midwest Wrecking, 12509

Blue Sage Road, house.Midwest Wrecking, 7317

NE 66, residence.Johnnie Nesbitt, 1444 E

Euclid, accessory.Midwest Wrecking, 208 E

Hefner Road, residence.Midwest Wrecking, 400

NE 106, residence.Kendall Concrete, 2321 N

Barnes Ave., residence.Kendall Concrete, 2418 W

Sheridan Ave., residence.Kendall Concrete, 3913

NW 13, house.Kendall Concrete, 234 SE

51, garage.Ray’s Trucking, 1241 NW

97, residence.Ray’s Trucking, 1241 NW

97, accessory.Ray’s Trucking, 1241 NW

97, accessory.Ray’s Trucking, 507 Eck-

roat, residence.Bill Hauling, 616 NW 102,

storage.Bill’s Hauling, 616 NW

102, playhouse.Ray’s Trucking, 425 NW

28, residence.

PermitsFROM PAGE 7F

The Listing of the Week,in northwest OklahomaCity, has extra-wide doorsand other features to makeit wheelchair-accessible,including a six-personstorm shelter with an elec-tric lift.

The home at 9005 NW92 has three bedrooms,2½ baths, two livingrooms, one dining roomand an attached three-cargarage. The family roomhas a fireplace and cathe-dral ceiling. The diningroom has a ceiling fan. Thekitchen has a ceiling fan,breakfast bar and pantry.The master bedroom has acathedral ceiling, his-and-her bath and French doorsto a covered patio. A

mother-in-law suite has afull bath and walk-in clos-et. The home has a centralvacuum system.

The home, built in 2005,is listed for $189,900 withCindy Goldman of KellerWilliams-Northwest.

The home will be openfrom 2 to 4 p.m. Sunday.From Northwest Express-way and County LineRoad, go south to TaraPlantation addition on theright, enter and proceed tothe house.

For more information,call 948-7500.

Nominations for Listing of the Weekare welcome. Send information onsingle-family homes to The Oklahoman,Richard Mize, P.O. Box 25125, OklahomaCity, OK 73125. Nominations may befaxed to 475-3996.

LISTING OF THE WEEK

The Listing of the Week is at 9005 NW 92. PHOTO PROVIDED

House offersaccess features

Prudential Alliance Re-alty, 4101 NW 122, hasadded Marci Hinnen as e-business manager.

She has been in the realestate business for sixyears and previously wase-business manager forPrudential Dinning-Beard Realty in Wichita,Kan.

Marci Hinnen

Office adds e-business manager

Page 9: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, JANUARY 21, 2012 9FREAL ESTATE

Don’t be fooled by appearances. TheRock Creek is a town home that lookssmall from the front but extends quite aways back behind its charming front fa-cade. A stucco exterior and gracefullycurved entry arch give this contemporaryplan a decidedly Mediterranean look. Thehome would be an equally good fit in aSouthwestern or Florida neighborhood.

A welcoming front porch spans thefront, next to the entry arch. Double doorsoff the porch open into what could be ahome office, study or your choice. Nat-ural light spills into the foyer through asidelight, panes at the top of the door anda wide window on the right. An entrybench or a hutch nestles into the oppositewall.

Just past a flight of stairs, the entryopens into a large space that comprisesthe dining room, living room and kitchen.A large work island rimmed by an eatingbar helps delineate the L-shaped kitchen

on the left side of this spacious area.Flames dancing in the fireplace can be en-joyed from anywhere in the room.

From the dining area or kitchen, youcan walk out onto a small, partially cov-ered patio, which is also close to the own-ers suite. An abundance of light washesinto the utility room through one of theinner windows outlining the patio. A dooropposite the windows offers direct accessto the two-car garage.

Amenities in the owners suite include adeep walk-in closet, a double vanity and aseparately enclosed toilet and shower area.

Two more bedrooms, a three-sectionbathroom and a loft are upstairs in theRock Creek. The loft overlooks the entryand is in an ideal location for a shared li-brary/study area.

A review plan of the Rock Creek, including floor plans,elevations, section and artist’s conception, can be bought for$25 by phone, mail or online. Add $5 for shipping and handling.Associated Designs, 1100 Jacobs Drive, Eugene, OR 97402.www.associateddesigns.com. (800) 634-0123.

HOUSE PLAN Rock Creek town home’sfacade conceals space

PIEDMONT — MaryWalker has joined Paradi-gm AdvantEdge Real Es-tate’s office at 13100 Colo-ny Pointe, Suite 109, inPiedmont.

She has 33 years of ex-perience in residential realestate sales.

Mary Walker

Mary Walkerjoins ParadigmAdvantEdge inPiedmont

MIDWEST CITY — TonuaHulette, managing brokerof Paradigm AdvantEdge’snew east office at 2150 SDouglas, Suite F, in Mid-west City, has been votedMost Cooperative Realtorfor 2011 by members of theMid-Del Board of Realtors.

She is a native of easternOklahoma County and agraduate of Choctaw HighSchool.

She has sold real estatefor 19 years and was ma-naging broker and ownerof a franchise brokerage fornine years before joiningParadigm AdvantEdge.

Mid-Delboard honorsRealtor

Tonua Hulette

Page 10: The Oklahoman Real Estate

10F SATURDAY, JANUARY 21, 2012 NEWSOK.COMTHE OKLAHOMAN