the oklahoman real estate

12
F REAL ESTATE SATURDAY, AUGUST 7, 2010 THE OKLAHOMAN | NEWSOK.COM INDEX Stone 5F Smart 7F Handy 9F Permits 10F Relaxed and spacious, the Palermo is designed to suit families with an informal lifestyle. PAGE 4F HOUSE PLAN Informal style The Listing of the Week is a Dallas-style garden home located in the gated Villas at Auburn Meadows in northwest Oklahoma City. PAGE 6F LISTING OF THE WEEK Garden home Actors Michael and Elisha Wilson Beach do the decorating together. They’ve incorporated differ- ent wood tones into their home and enjoy the warmth of the wood accented with cool tones of cream and maroon. PAGE 3F IN BRIEF REMODELING MARKET SLIDES The remodeling market slid back- ward during the second quarter, according to the latest National As- sociation of Home Builders’ Remodeling Market Index. The index, which com- bines current and future market in- dicators, sunk to 40.7 from 43.8 in the first quarter. Current market conditions slid to 42.6 from 44.5 the previous quarter. Future in- dicators declined to 38.9 from 43.1. The index measures market demand based on remod- elers’ perceptions and indicators of future activity like calls for bids. Any number below 50 indicates that more remodelers say market conditions are getting worse than report improv- ing conditions. The index has been run- ning below 50 since the final quarter of 2005. TAPE HELPS SOLVE PROBLEM FrogTape promises to solve the problem of paint bleeding under the edges of your painter’s tape. The tape is treated with PaintBlock Technology, a super- absorbent polymer. When the paint comes into contact with the polymer, a gel forms instantly. The gel creates a barrier that prevents paint from oozing underneath the tape, keeping paint lines crisp, the company said. The tape is available in a variety of widths and comes in a reusable plastic canister de- signed to protect the tape edges from damage. FrogTape has a suggested retail price of $6 to $12, depending on the size. It’s sold at Lowe’s and Sherwin- Williams stores and other paint and hardware stores. FROM WIRE REPORTS WASHINGTON — The fi- nancial reform bill signed into law by President Barack Obama may look like a cor- nucopia of helpful changes for homebuyers and loan applicants — not the least of which will be the creation of a powerful Consumer Financial Protection Bureau to ride herd on the mortgage lending industry. But how soon will any- one see hard, tangible re- sults of the law? When will the bureau begin writing new rules and cracking down on problems and abuses in everything from home real-estate settle- ments to credit scores to “truth in lending” and equal credit opportunity? At the moment, it looks like it will be a while, even if the president nominates a director for the consumer protection bureau quickly and the Senate confirms her or him without partisan bloodletting or a filibuster. Here’s a quick overview of what to expect and when: The reform law itself contains deadlines for ac- tion, but they may not be as immediate as some con- sumers would prefer. Trea- sury Secretary Tim Geithner is carrying the ball, and he has had a team at work for weeks drafting the basic structure of the new consumer bureau, which will eventually be housed inside the Federal Reserve. Under the law, Geithner has a deadline of Sept. 19 to designate a “transfer date” when key legal and regula- tory authorities shift from such agencies as the Feder- al Trade Commission, the Department of Housing and Urban Development and the Fed to the new con- sumer bureau. In effect, that will be the date the bu- reau, with initial funding projected at $500 million a year, springs to life with a staff and full set of teeth. By law, it must be no earlier than next Jan. 17 and no lat- er than Jan. 21, 2012. At a White House brief- ing, Deputy Treasury Sec- retary Neal Wolin asked for understanding about the huge task ahead of creating an entirely new agency that must take over responsibil- ity for consumer protection statutes on the books for decades. “This will take some time,” he said, “but it’s worth it.” What sort of tangible benefits might begin to flow once the bureau takes official form? One of the earliest — and most widely anticipated changes in the real estate field — will in- volve appraisals on homes. The law requires the agen- cy to quickly come up with new interim rules on ap- praisal accuracy and inde- pendence designed to re- place the controversial “Home Valuation Code of Conduct” rules imposed by Fannie Mae and Freddie Mac in 2009. That alone should bring relief to buyers, sellers, realty agents and builders who have complained about inept, deal-breaking appraisals fostered by the code. In a companion move, the reform law also sets standards for appraisal management companies that function as third- party vendors for many lenders, and who have been criticized for assigning val- uations to inexperienced appraisers who are unfa- miliar with local conditions and willing to work for low fees. Another early tangible benefit: A national hot line system that will allow ag- grieved mortgage borrow- ers and others to lodge complaints and alert the bureau to unfair and deceptive practices. The new agency will also assume control of a key consumer protection stat- ute known as RESPA — the Real Estate Settlement Procedures Act that seeks to prevent under- the-table kickbacks and padded fees by lenders, title companies, realty agents and builders. RESPA governs the transaction cost disclo- sures that millions of bor- rowers receive at applica- tion — the “good faith esti- mates” — as well as the standard closing form known as the HUD-1. Ken Harney’s e-mail address is [email protected]. WASHINGTON POST WRITERS GROUP Full agenda awaits consumer protection agency Kenneth Harney THE NATION’S HOUSING Mi-Ling Stone Poole ASK MI-LING Decor at center stage Quail Creek, after 50 years, is its own center of gravity — a residential an- chor of north Oklahoma City. “Quail Creek” is a household name far from the original square mile of former pasture where de- veloper John W. “Jack” Johnston surprised every- one in 1960 by talking up grand plans for the multi- million-dollar Quail Creek Golf & Country Club and hundreds of homes. The now 2-square-mile Quail Creek — bounded by Portland and May ave- nues, Hefner Road and the Kilpatrick Turnpike — is considered a destination neighborhood where a sense of “community” has always been a present reality, not a wistful memory. But 50 years ago, people weren’t so sure about Johnston’s plans. Innovations attract “When Quail Creek first started, we thought it was the end of the Earth. No stoplights. Dirt roads. People just shook their heads,” said Mark Dale, a builder who built Quail Creek homes on his own and with his father, the late Everett Dale. Before long, though, with the 40,000-square- foot native stone and glass clubhouse taking shape, people were signing up for a share of Johnston’s dream. By March 1961, two houses were constructed — the first one by Everett Dale, at the corner of Rock Hollow and Quail Creek Road — and 460 of the 600 club memberships originally available had been sold. People were talking about the unusual layout of the golf course — winding among the fresh- ly paved streets, with many lots backing to the AFTER 50 YEARS, QUAIL CREEK REMAINS RESIDENTIAL ANCHOR Mark and Jerry Gautreaux talk about the history of Quail Creek with Mark Dale at the couple’s home in the neighborhood. Jerry Gautreaux’s father, John W. (Jack) Johnston, started Quail Creek in 1960. PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN BY RICHARD MIZE Real Estate Editor [email protected] SEE ANCHOR, PAGE 2F Quail Creek Golf & Country Club is strutting its stuff at 50. Membership has been on the re- bound the past seven years. There are 910 members on the rolls, up 42.6 percent since 2003 — even as many country clubs are stumbling. Growing membership and revenues have allowed for numerous renova- tions lately. One of the biggest improvements came in the dining room, said club President Mark Payne, who came from Nichols Hills to the Quail Creek neighborhood when his par- ents, Ralph and Doris Payne, moved in the 1970s. Payne maintains his stake and membership even though he now lives in the Rose Creek neighbor- hood. His wife Teresa’s parents, Frank and Nancy Tarpley, were charter members of the club when it formed in 1960. “Having food, good food,” is im- portant, Payne said, and that was accomplished by bringing in exec- utive chef Johnny Houzvicka from Dallas. Houzvicka “creates menus that entice a diverse range of tastes from gourmet items to lighter, health- conscious entrees to sandwiches and ‘kid-friendly’ items,” the club boasts on its website. Menus weren’t the only things improved in club dining. The club brought in Tom Hoch Design, an Oklahoma City-based design- build firm specializing in club, re- sort, hotel, restaurant and recre- ational spaces, to reorient the kitchen, staging area and dining room with an eye to improved effi- ciency and increased revenue. Revenue enhancement “Food and beverage expenses were skyrocketing due to staffing require- ments, and revenue was falling short of projected levels due to interior spacing and flow issues,” Tom C. Hoch, president and creative director, said in a summary of the project. Relocating and redesigning the kitchen and staging area reduced the distance to the dining room and ban- quet hall, which “eliminated the need for ‘runners’ and doubling up on staff for events and peak dining periods,” said Hoch, who also improved the din- ing room with custom-built, semicir- cle elevated booths, wood paneling and modern art and lighting. The work cost about $500,000, with 35 members agreeing to prepay their dues for two years to help fund it, said Bob Philbrick, general manager. Country Club’s improvements go beyond walls and landscape BY RICHARD MIZE Real Estate Editor [email protected] SEE CLUB, PAGE 2F

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Page 1: The Oklahoman Real Estate

FREAL ESTATESATURDAY, AUGUST 7, 2010 THE OKLAHOMAN | NEWSOK.COM

INDEX

Stone 5FSmart 7FHandy 9FPermits 10F

Relaxed and spacious,the Palermo is designedto suit families with aninformal lifestyle.PAGE 4F

HOUSE PLAN

Informal styleThe Listing of the Week isa Dallas-style gardenhome located in the gatedVillas at Auburn Meadowsin northwest OklahomaCity.

PAGE 6F

LISTING OF THE WEEK

Garden home

Actors Michael andElisha Wilson Beachdo the decoratingtogether. They’veincorporated differ-ent wood tones intotheir home and enjoythe warmth of thewood accented withcool tones of creamand maroon.

PAGE 3F

IN BRIEF

REMODELINGMARKET SLIDESThe remodelingmarket slid back-ward during thesecond quarter,according to thelatest National As-sociation of HomeBuilders’ RemodelingMarket Index. Theindex, which com-bines current andfuture market in-dicators, sunk to40.7 from 43.8 in thefirst quarter. Currentmarket conditionsslid to 42.6 from44.5 the previousquarter. Future in-dicators declined to38.9 from 43.1. Theindex measuresmarket demandbased on remod-elers’ perceptionsand indicators offuture activity likecalls for bids. Anynumber below 50indicates that moreremodelers saymarket conditionsare getting worsethan report improv-ing conditions. Theindex has been run-ning below 50 sincethe final quarter of2005.

TAPE HELPSSOLVEPROBLEMFrogTape promisesto solve the problemof paint bleedingunder the edges ofyour painter’s tape.The tape is treatedwith PaintBlockTechnology, a super-absorbent polymer.When the paintcomes into contactwith the polymer, agel forms instantly.The gel creates abarrier that preventspaint from oozingunderneath the tape,keeping paint linescrisp, the companysaid. The tape isavailable in a varietyof widths andcomes in a reusableplastic canister de-signed to protectthe tape edges fromdamage. FrogTapehas a suggestedretail price of $6 to$12, depending onthe size. It’s sold atLowe’s and Sherwin-Williams stores andother paint andhardware stores.

FROM WIRE REPORTS

WASHINGTON — The fi-nancial reform bill signedinto law by President BarackObama may look like a cor-nucopia of helpful changesfor homebuyers and loanapplicants — not the least ofwhich will be the creation ofa powerful ConsumerFinancial Protection Bureauto ride herd on the mortgagelending industry.

But how soon will any-one see hard, tangible re-sults of the law? When willthe bureau begin writingnew rules and crackingdown on problems andabuses in everything fromhome real-estate settle-ments to credit scores to“truth in lending” andequal credit opportunity?

At the moment, it lookslike it will be a while, even ifthe president nominates adirector for the consumerprotection bureau quicklyand the Senate confirmsher or him without partisanbloodletting or a filibuster.

Here’s a quick overviewof what to expect andwhen: The reform law itselfcontains deadlines for ac-tion, but they may not be asimmediate as some con-sumers would prefer. Trea-sury Secretary TimGeithner is carrying theball, and he has had a teamat work for weeks draftingthe basic structure of thenew consumer bureau,which will eventually behoused inside the FederalReserve.

Under the law, Geithnerhas a deadline of Sept. 19 todesignate a “transfer date”when key legal and regula-tory authorities shift fromsuch agencies as the Feder-

al Trade Commission, theDepartment of Housingand Urban Developmentand the Fed to the new con-sumer bureau. In effect,that will be the date the bu-reau, with initial fundingprojected at $500 million ayear, springs to life with astaff and full set of teeth.By law, it must be no earlierthan next Jan. 17 and no lat-er than Jan. 21, 2012.

At a White House brief-ing, Deputy Treasury Sec-retary Neal Wolin asked forunderstanding about thehuge task ahead of creatingan entirely new agency thatmust take over responsibil-ity for consumer protectionstatutes on the books fordecades.

“This will take sometime,” he said, “but it’sworth it.”

What sort of tangiblebenefits might begin toflow once the bureau takesofficial form? One of theearliest — and most widely

anticipated changes in thereal estate field — will in-volve appraisals on homes.The law requires the agen-cy to quickly come up withnew interim rules on ap-praisal accuracy and inde-pendence designed to re-place the controversial“Home Valuation Code ofConduct” rules imposed byFannie Mae and FreddieMac in 2009.

That alone should bringrelief to buyers, sellers,realty agents and builderswho have complainedabout inept, deal-breakingappraisals fostered by thecode. In a companionmove, the reform law alsosets standards for appraisalmanagement companiesthat function as third-party vendors for manylenders, and who have beencriticized for assigning val-uations to inexperiencedappraisers who are unfa-miliar with local conditionsand willing to work for low

fees.Another early tangible

benefit: A national hot linesystem that will allow ag-grieved mortgage borrow-ers and others to lodgecomplaints and alert thebureau to unfair anddeceptive practices.

The new agency will alsoassume control of a keyconsumer protection stat-ute known as RESPA — theReal Estate SettlementProcedures Act — thatseeks to prevent under-the-table kickbacks andpadded fees by lenders,title companies, realtyagents and builders.

RESPA governs thetransaction cost disclo-sures that millions of bor-rowers receive at applica-tion — the “good faith esti-mates” — as well as thestandard closing formknown as the HUD-1.Ken Harney’s e-mail address [email protected].

WASHINGTON POST WRITERS GROUP

Full agenda awaits consumer protection agency KennethHarney

THE NATION’S HOUSING

Mi-LingStonePoole

ASKMI-LING

Decor atcenter stage

Quail Creek, after 50years, is its own center ofgravity — a residential an-chor of north OklahomaCity.

“Quail Creek” is ahousehold name far fromthe original square mile offormer pasture where de-veloper John W. “Jack”Johnston surprised every-one in 1960 by talking upgrand plans for the multi-million-dollar QuailCreek Golf & CountryClub and hundreds ofhomes.

The now 2-square-mileQuail Creek — bounded byPortland and May ave-nues, Hefner Road and theKilpatrick Turnpike — isconsidered a destinationneighborhood where asense of “community”has always been a presentreality, not a wistfulmemory.

But 50 years ago, peopleweren’t so sure aboutJohnston’s plans.

Innovations attract“When Quail Creek

first started, we thought itwas the end of the Earth.No stoplights. Dirt roads.People just shook theirheads,” said Mark Dale, abuilder who built QuailCreek homes on his ownand with his father, thelate Everett Dale.

Before long, though,with the 40,000-square-foot native stone and glassclubhouse taking shape,people were signing up fora share of Johnston’sdream.

By March 1961, twohouses were constructed— the first one by EverettDale, at the corner of RockHollow and Quail CreekRoad — and 460 of the600 club membershipsoriginally available hadbeen sold. People weretalking about the unusuallayout of the golf course —winding among the fresh-ly paved streets, withmany lots backing to the

AFTER 50 YEARS, QUAIL CREEKREMAINS RESIDENTIAL ANCHOR

Mark and Jerry Gautreaux talk about the history of Quail Creek with Mark Dale at the couple’s home in theneighborhood. Jerry Gautreaux’s father, John W. (Jack) Johnston, started Quail Creek in 1960.

PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN

BY RICHARD MIZEReal Estate [email protected]

SEE ANCHOR, PAGE 2F

Quail Creek Golf & Country Clubis strutting its stuff at 50.

Membership has been on the re-bound the past seven years. Thereare 910 members on the rolls, up42.6 percent since 2003 — even asmany country clubs are stumbling.Growing membership and revenueshave allowed for numerous renova-tions lately.

One of the biggest improvementscame in the dining room, said clubPresident Mark Payne, who camefrom Nichols Hills to the QuailCreek neighborhood when his par-ents, Ralph and Doris Payne, movedin the 1970s.

Payne maintains his stake andmembership even though he nowlives in the Rose Creek neighbor-hood. His wife Teresa’s parents,

Frank and Nancy Tarpley, werecharter members of the club whenit formed in 1960.

“Having food, good food,” is im-portant, Payne said, and that wasaccomplished by bringing in exec-utive chef Johnny Houzvicka fromDallas.

Houzvicka “creates menus thatentice a diverse range of tastes fromgourmet items to lighter, health-conscious entrees to sandwichesand ‘kid-friendly’ items,” the clubboasts on its website.

Menus weren’t the only thingsimproved in club dining. The clubbrought in Tom Hoch Design, anOklahoma City-based design-build firm specializing in club, re-sort, hotel, restaurant and recre-ational spaces, to reorient thekitchen, staging area and diningroom with an eye to improved effi-ciency and increased revenue.

Revenue enhancement“Food and beverage expenses were

skyrocketing due to staffing require-ments, and revenue was falling shortof projected levels due to interiorspacing and flow issues,” Tom C.Hoch, president and creative director,said in a summary of the project.

Relocating and redesigning thekitchen and staging area reduced thedistance to the dining room and ban-quet hall, which “eliminated the needfor ‘runners’ and doubling up on stafffor events and peak dining periods,”said Hoch, who also improved the din-ing room with custom-built, semicir-cle elevated booths, wood panelingand modern art and lighting.

The work cost about $500,000,with 35 members agreeing to prepaytheir dues for two years to help fund it,said Bob Philbrick, general manager.

Country Club’s improvements go beyond walls and landscape BY RICHARD MIZEReal Estate [email protected]

SEE CLUB, PAGE 2F

Page 2: The Oklahoman Real Estate

2F SATURDAY, AUGUST 7, 2010 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

The low-slung QuailCreek Golf & CountryClub clubhouse, designedby the architecture firmHoward Samis & Davies,was deemed as one of the100 most architecturallysignificant structures inthe state in 2007 by theOklahoma City Founda-tion for Architecture andthe American Institute ofArchitects Central Okla-homa Chapter.

The design used more

than 2,000 tons of creamybeige, natural limestonecalled silverdale stone,quarried in Kansas, andlarge expanses of glassmeant to welcome the out-doors in.

The architecture, whichwas probably consideredsomewhat futuristic in theearly 1960s, is fitting for2010.

— Richard Mize,Real Estate Editor

More than 2,000 tons of creamy beige native lime-stone were hauled in from Kansas for use in QuailCreek Golf & Country Club.

PHOTO BY JOHN CLANTON, THE OKLAHOMAN

Club’s design heraldedas significant structure

course.People were talking about the util-

ities, of all things; most of the elec-tric lines were underground.

The Oklahoma City Times report-ed on the project, which the year be-fore was just a “rumored housing de-velopment” in an unlikely place:“Quail Creek: A Big Dream is FastBecoming Reality.”

“It just caught on,” Dale said, de-spite “the bar (being set) a littlehigher.”

Sustainable popularityLots were larger than most are to-

day, ranging from just less than ½acre to 2⁄3 acre. The minimum homesize was 2,000 square feet — at atime when the U.S. average was farless.

The average size by 1973, the firstyear for which statistics are avail-able, was only 1,660 square feet.

The country club was attractingyounger families turned away by thelong waiting list for membership inOklahoma City Golf & CountryClub, whose rolls were full.

Quail Creek had much going for itfrom the start, but Johnston’s ap-proach to development made itspopularity sustainable, said his son-in-law, developer Mark Gautreaux,developer of Fairway Farms and apartner with Mark Dale in The Abbeyaddition.

“When you stand back and look atit, it’s an uncommonly large devel-opment,” Gautreaux said, notingthat Johnston managed to line up ad-jacent parcels of land and put dealstogether as needed, in a way thatprobably would be impossible now.“He tied the entire 2 square miles upwonderfully.”

Johnston also kept Quail Creek’s

40-odd phases “doable” — doingthem one at a time in a series ofsmallish splashes rather than one bigsplash.

“You always had that new sectioncoming on,” Gautreaux said.

‘Iconic neighborhood’Quail Creek is fit at 50, although

the May 16 hailstorm is still keepingroofing-repair companies hoppingin the area.

The hailstorm caused widespreaddamage in the neighborhood.

The storm and the extremely rarerobbery of a high-profile couple inlate April — former Gov. George Nighand his wife, Donna, in their owndriveway — prompted Georgie Ras-co, executive director of Neighbor-hood Alliance Inc., to write a letter ofencouragement to the Quail CreekHomeowners Association.

“For decades, you have been aniconic neighborhood, one wherepeople aspire to live, not only be-cause of the beautiful and well-built

homes, but because of the socialconnections that the neighborhoodencourages among its neighbors.You have truly created a ‘communi-ty’ inside of your neighborhood,”Rasco wrote in the letter, posted onthe association website, www.quailcreek.org.

Rasco wrote that Quail Creek’shomeowners association — eventhough it’s voluntary — is the largestof more than 400 associations in themetro area and that the jumbo-sizeaddition has one of the lowest crimerates.

“You are truly doing things rightin Quail Creek, and we encourageyou to keep it up. ... NeighborhoodAlliance often uses you as an exam-ple when other neighborhoods askhow to beef up their safety factor,” hewrote.

“We applaud your community ef-forts and recognize you as a leader inbuilding safe, beautiful and socialneighborhoods in the OKC areas.”

FROM PAGE 1F

Anchor: Neighborhood well-planned

The sign at the May Avenue entrance to the north section of Quail Creeknotes that the neighborhoohood was established in 1960.

PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN

Homes in Quail Creek, which was developed in about 40 phases, finishing up in the 1990s.PHOTO BY DAVID MCDANIEL, THE OKLAHOMAN

The result? “QuailCreek saved considerablelabor costs through spac-ing, planning and redesignof its food and beverage fa-cilities and operations.The new dining space andinviting, stimulating at-mosphere added to thefood and beverage top line,bolstering sales by 21 per-cent,” Hoch said.

Other renovationsOther recent renova-

tions at Quail Creek in-clude work on outdoor andindoor tennis courts, thedriving range and golfpractice facility, sports bar,outdoor patio and fitnesscenter. The club got a newentrance and landscapingwith a water feature and anew swimming pool with awater slide.

The work even includeda new maintenance facilityto replace an original, 50-year-old wooden barn thatCarl Spackler would havebeen comfortable callinghome. (Spackler was thegopher-obsessed, var-mint-exploding assistantgroundskeeper played byBill Murray in the 1980 golfclub comedy “Caddy-shack.”)

Of all the improve-ments, Payne said the onethat excites him most hasless to do with the club-house and more to do withthe future of the clubmembership: The averageage of the membership hasbeen reduced from nearretirement to the prime-of-life early 50s.

“That’s the most thrill-ing,” he said. “There arelots of little kids out herenow.”

FROM PAGE 1F

Club: Renovations inside and out

Tom Hoch Design designed new booths for dining atQuail Creek Golf & Country Club.

PHOTO PROVIDED BY TOM HOCH DESIGN

Quail Creek Golf & Country Club general manager BobPhilbrick, left, and president Mark Payne are seeninside the clubhouse.

PHOTO BY JOHN CLANTON, THE OKLAHOMAN

Page 3: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, AUGUST 7, 2010 3FREAL ESTATE

Recently, I spoke withactor Michael Beach, bestknown for his roles as acheating husband in“Waiting to Exhale,” oppo-site Angela Bassett, andthen with Vanessa Wil-liams in “Soul Food” and in“ER” with Gloria Reuben.

Other favorites include“First Sunday” with IceCube and Katt Williams.Beach earned an NAACPImage Award for his role as

Monte “Doc” Parker onNBC’s “Third Watch.”

Although Beach’s Juil-liard training prepared himfor his varied roles

throughout his career, in-cluding portraying T.O.Cross in “Sons of Anar-chy” on FX, art is imitatinglife to the degree that Beachis an avid biker and he feelscomfortable living out hispassion on film.

It had been 15 years ormore since I last spokewith Mike. We worked on afew projects together overthe years. His life haschanged during that time.

He divorced and remar-ried, and along with hisfour children from a previ-ous marriage, he is expect-ing a son with his wife, ac-tress Elisha Wilson Beach.

Beach and his wife residein the affluent Toluca Lakecommunity in the south-eastern San Fernando Val-ley near Burbank, Calif.Residents of the area haveincluded Miley Cyrus, theJonas Brothers, Jennifer

Love Hewitt, Bob Hopeand Frank Sinatra.

He and his wife decoratetogether. They’ve incorpo-rated different wood tonesinto their home and enjoythe warmth of the woodwith cool tones of creamand maroon. Handcraftedwood molding, shuttersand hardwood floors filltheir home.

When Mike wants tochill, he spends most of his

time in his master suite.There you’ll find a comfycouch, a couple of chairs,and a large wall-mountedTV that swivels 360 de-grees. Top that with a fire-place, and his master suiteis made for relaxing.

Now go out and createyour own comfort zone!

Mi-Ling Stone Poole is the author of“Ask Mi-Ling! When You Want theTruth About Decorating.” If you have adecorating dilemma, contact herthrough her website, www.Mi-Ling.com.

Hollywood actor talks about his comfort zoneMi-LingStonePoole

ASKMI-LING

Page 4: The Oklahoman Real Estate

4F SATURDAY, AUGUST 7, 2010 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

YUKON — The real estatefirm formerly known asColdwell Bank Twin Riv-ers is now affiliated withRE/MAX and is known asRE/MAX Twin Rivers Re-alty.

Brian Woodward, bro-ker and co-owner, hasbeen in the real estatebusiness for 14 years, 12with the previous fran-chiser. He said “RE/MAX’s leadership, visionand resources” fueled hisdecision to make theswitch.

“The decision to joinRE/MAX was a no-brain-er,” he said. “My wife, Su-

san, and I knew that RE/MAX was a company runby Realtors. It’s an organi-zation that understandswhat we face every day inthe marketplace.”

The Woodwards bringmore than 30 sales associ-ates to RE/MAX.

“There’s a buzz of ex-citement in the office,”said Woodward, whoseoffice closed $65.5 millionin total volume and 437transactions in 2009.

“During a recent in-of-fice RE/MAX LeadStreettraining, our associateswere getting leads beforewe even finished thecourse. That’s powerful.”

Yukon realty firmchanges affiliationFROM STAFF REPORTS

Relaxed and spacious,the Palermo is designed tosuit families who prefer aninformal lifestyle. Familyliving spaces flow togetherat the rear in the naturallybright vaulted great room.The room by the entrycould be outfitted as amedia room, study orhome office.

Storage space is gener-ous throughout, with largecabinets and closets in theentry, great room, kitchen,owners’ suite and utilityroom, not to mention thethree-car garage.

The entry’s lofty ceilingis 12 feet high and beginssloping up as you move in-to the great room. A paradeof windows spangles theback and side walls, whilea gas fireplace fits neatlyinto a corner.

Deep shelving is amplefor housing a home enter-tainment center.

A long conversation barwith an overhead plantshelf marks the kitchenboundary without cuttingit off from the larger space.Someone standing at thekitchen range can surveythe entire room, or gazepast the skylit dining areathrough French doors towatch the changing sea-sons. A partially coveredpatio spans the rear.

Utilities and a compactbathroom are nearby, nes-tled in a pass-throughspace that leads to thegarage.

French double doors inthe lavish owners’ suiteoffer direct patio access. Aperfect spot for a hot tub isright around the corner.Other amenities includetwo huge walk-in closetsand an owners’ bath withdouble vanity, enclosedtoilet, oversized showerand deep soaking tub.

The front of the Paler-mo’s two secondary bed-rooms is vaulted. Its boxedbay provides an ideal loca-tion for a wide window

seat with built-in drawers.For a review plan, in-

cluding scaled floor plans,elevations, section andartist’s conception, send$25 to Associated Designs,1100 Jacobs Drive, Eugene,OR, 97402. Please specifythe Palermo 30-160 andinclude a return address.For more information, call(800) 634-0123.

HOUSE PLAN

Palermo favors informal livingWICHITA, Kan. — A second, potentially more lucrative

residential real estate scam with international roots hassurfaced in Wichita and Kansas.

A foreign buyer claiming interest in the cash purchase ofan expensive residential listing has been contacting sever-al real estate agents, according to the National Associationof Realtors and Kansas Association of Realtors.

In fact, what the supposed buyer wants to do is defraudthe agents and their attorneys out of thousands of dollars,the associations say. In one Wichita case, the bogus buyertried to bilk a broker and attorney out of $141,000.

Murray Anderson, an agent with J.P Weigand & Sons,said his story began in mid-May with “a pretty standardinquiry e-mail about a million-dollar house.” Andersonsaid he forwarded a copy of the listing, and quickly re-ceived a letter in broken English from Japan in return.

To quote from the e-mail, provided by Anderson: “I willlike home inspection to be done on the property.” In addi-tion, the letter asked Anderson to retain an attorney tohandle the financial transaction.

“Let me know how much you send, and I’ll contact myfinancier,” Anderson said. “I backtracked on the namethrough Google and found him up in Canada.”

So Anderson and his broker, Weigand residential gener-al manager Gary Walker, met and agreed to proceed care-fully. “I told Gary I thought there was about a 2 percentchance this was real, and he agreed,” Anderson said. “But Ifollowed through, not wanting to ignore a potential buyer.”

In fact, it wasn’t real. Anderson said he and a Wichitaattorney, Dave Dahl, contacted the bogus buyer, asking for$9,000 to cover costs. What they received was a cashier’scheck on a bank in Canada for $150,000 via first-classmail, probably bogus, Anderson said.

“I immediately went on Google, put in the name of theguy in Japan, the bank in Canada’s name, put the word‘scam’ behind it and sure enough I read 18 stories fromother Realtors who had received exactly the same letter,”Anderson said. So he and Dahl pulled the plug on the deal.

“Their mode of operation is to send a huge cashier’scheck that isn’t real,” Anderson said. “They ask you to de-posit it and notify them as soon as it’s deposited. Thescam, then, is to come right back and call the lawyer or thetitle company where you deposited the check and tell youthey need to cancel the contract. And, of course, theywant you to refund the difference.”

The difference, in this case, was $141,000 — not subtleenough, Anderson said.

MCCLATCHY-TRIBUNE INFORMATION SERVICES

BY BILL WILSONThe Wichita Eagle

Kansas Realtorstarget of new scam

Page 5: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, AUGUST 7, 2010 5FREAL ESTATE

DEAR BARRY: Whenwe bought our home, noone disclosed the defectiveflat roof over our livingroom, not even our homeinspector. The rainy seasonbegan weeks after wemoved in, and we’ve beenfighting leaks since. Afterthree years of patching, wereplaced the bad roof. But itseems unfair that weshould be stuck with thisexpense. Do we have anyrecourse against the in-spector or the sellers fornot disclosing this defect?

HenryDEAR HENRY: There

are two issues that reducethe strength of your claim:You waited three years tolodge a complaint for non-disclosure, and you haveremoved all evidence thatthere was a defective roof.

When homebuyers dis-cover defects after the closeof escrow, home inspec-tors, sellers and agentsshould be notified immedi-ately, and reinspection ofdisputed conditions shouldbe scheduled as soon aspossible. Some home in-spectors specify this as aliability requirement intheir contracts, and manycontracts require reinspec-tion before making repairs.

When the leaks first be-came known, one questionwas paramount: Were theroof defects visibly appar-ent during the inspection?Reinspection at that timemight have provided a clearanswer. In some cases, aflat roof that leaks will ap-pear to be in perfect condi-tion. In those cases, a homeinspector would not be lia-ble unless there were unre-ported ceiling stains.

For the sellers, the ques-tion would have beenwhether leaking occurredbefore selling the property.

Ceiling stains might haveanswered that question,too, but three years of sub-sequent leakage have ob-scured any clear answers.

Time and circumstanceshave eliminated any basisfor pursuing this claim. Atthis late date, the new roofshould be regarded ashome-buying experience.Next time you buy a home,be sure to find a highlyqualified home inspector,and don’t wait to reportundisclosed defects.

DEAR BARRY: Thehome we are buying isabout 25 years old and has

the original tile roof. Thereis evidence of leakage overthe master bedroom, andour home inspector sayssome of the tiles are dam-aged. How long can we ex-pect a tile roof to last?

VernDEAR VERN: Clay tiles

and concrete tiles are typ-ically rated as 50-yearroofs. In actuality, they canbe expected to last morethan a lifetime. The clay

tiles on the CaliforniaSpanish missions are morethan 200 years old and stillshed water.

If your home inspectorfound some damaged tiles,this is not unusual. Mosttile roofs are in need ofmaintenance repairs. Sometiles may be cracked orbroken because someonecarelessly walked on thesurface.

If the inspection report

was not specific about thedamage, you should askyour home inspector forparticular details, and youshould ask the sellers tohave the tiles repaired by alicensed roofing contrac-tor. If the seller is unwillingto pay for repairs, get yourown bid from a licensedroofer.To write to Barry Stone, go to www.housedetective.com.

ACCESS MEDIA GROUP

Time waters down complaint over leaks BarryStone

INSPECTOR’S IN THEHOUSE

Jennifer Patterson hasjoined Churchill-Brown &Associates’ North office at4401 W Memorial Road,Suite 109, as a residentialreal estate sales associate.

She has lived in theOklahoma City metro area27 years. She has a bache-lor’s degree in journalism,with an emphasis on ad-vertising. She previouslywas marketing coordina-tor at Citadel Broadcastingand special event coordi-nator for the OklahomaCity RedHawks.

Jennifer Patterson

Residentialassociatejoins office

Michael La Follette hasjoined Paradigm Advant-Edge Real Estate, 16301 NMay Ave., as a residentialreal estate sales associate.

He studied business atOklahoma State Universityand left school to join theU.S. Marines and served inVietnam. After he left themilitary, he continued hisbusiness education at theUniversity of CentralOklahoma. He purchased amobile home business,which he operated for 12years. He also worked inthe automotive financialservices industry. He hasthe Sellers RepresentativeSpecialist professionaldesignation.

Michael La Follette

La Follettejoins office

Page 6: The Oklahoman Real Estate

6F SATURDAY, AUGUST 7, 2010 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

The Listing of the Weekis a Dallas-style gardenhome in the gated Villas atAuburn Meadows innorthwest Oklahoma City.

The 1,985-square-foothome has two bedrooms,2½ baths, two livingrooms, two dining areasand an attached two-cargarage. The living roomhas a fireplace and ceilingfan. The study has a woodfloor, vaulted ceiling and

ceiling fan. The kitchenhas a wraparound break-fast bar, pantry, granitecounters and eating space.The master bedroom has aceiling fan and bath withwhirlpool bath and doublevanities. The second bed-room has a full bath andwalk-in closet.

Homeowner associationdues includes lawn care.

The home has a coveredpatio, open patio, security

system and undergroundsprinkler system.

The home, built in2002, is listed for$225,000 with Karen Ble-vins of Churchill-Brown &Associates Realtors. Formore information, call203-4663 or 330-0031.

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 a garden home at 17908 Arbor Lane. PHOTO PROVIDED

2002 Dallas-style houseincludes lawn care, 2 patios

Brian Becker has joinedParadigm AdvantEdge Re-al Estate, 16301 N MayAve., as a residential realestate sales associate.

Becker has sold real es-tate for four years and hasthe Sellers RepresentativeSpecialist designation. Hehas a degree in marketingfrom the University ofWisconsin. He has workedin mortgage lending andowned and managed anautomobile dealership.

Brian Becker

Becker joinslocal office

Q. I bought a condo inYardley, Pa., in 2008. I put20 percent down on a pur-chase price of $245,000.My fiance and I would liketo sell the condo and buy asingle-family home. Myhouse has been on the mar-ket for 40 days. I listed it for$260,000. I upgraded thekitchen, put in hardwoodfloors and painted the en-tire place.

I have had little luck. Thepros of selling now are thatI could buy a much cheaperplace in this market andthat mortgage rates are low.My fiance is a contractor,so we are looking for a fix-er-upper. He can help meout with the mortgage too.The cons are that my homeis my only equity, and I amnot sure how low I can af-ford to go with the askingprice of my home.

I’m not in a hurry to sellbut would probably need towithin the next two years.Is it best to sell or stay?

A. My advice is to waitthe two years. I tend to viewthe housing market using along-term approach. Butevents of the past severalyears are unprecedented,and so I am cautious.

Looking at the 20-citycomposite S&P/Case-Shiller U.S. National HomePrice Index, the housingmarket was on a tear from2000 to 2006, then headeddown at the same rate untilabout the middle of 2008.Prices started back up butdipped again. They seem tohave started up again in thepast month or so. Califor-nia housing prices are lead-ing the latest increase.

Sellers usually list their

houses at more than theyexpect to sell it for, as youprobably did. Number ofdays on the market, or howlong it takes to sell thehouse, is a thermometer forthe market. Long periodson the market reflect a“cold” market. The indexdoesn’t include Philadel-phia, unfortunately.

Robert Shiller from Yale(who started the Case-Shiller Index years ago) juststarted a monthly “homeexpectations survey” thatasks a hundred top U.S.housing analysts to forecastprices five years out. The“experts” include manyrecognizable notables.They generally say thehousing market will bounceback next year, on the trackit was on before 2000.

Charles Carter, Ph.D., is a consultant atHaint Blue Realty in Mount Pleasant,S.C. Send questions to [email protected]. Include full name andhometown.

MCCLATCHY-TRIBUNE INFORMATION SERVICES

Sellers may benefit fromwaiting out slow market

CharlesCarter

REAL ESTATE Q&A

WASHINGTON — Loan of-ficers at banks will be re-quired to provide theirnames and fingerprints toa national database as partof an effort to crack downon shady operators whofed the real estate bubble.

The new requirementswere mandated by a billpassed by Congress twoyears ago. Federal bankregulators have now ap-proved them.

The rules apply to em-ployees of banks regulatedon the federal and statelevels. Mortgage brokersalready were required to belicensed by the system.

The registry is expectedto start accepting new ap-plications by the end ofJanuary. Once registra-tions start, banks will have180 days to comply.

During the housingmarket’s boom years,mortgage brokers had

weak regulations that var-ied by states. Unsavorycharacters were able tojump from state to statewithout being detected.

Those regulations werebeefed up in recent yearsby states and the federalgovernment in the wake ofthe housing bust. Brokersand loan officers need topass a national test, a statetest and a criminal back-ground check.

The licensing systemcreates a database thatbanking regulators can useto track mortgage brokersor lenders who try to workin one state after beingbanned in another. Thereis also a database availableto consumers at www.nmlsconsumeraccess.org.

All 50 states are expect-ed to be participating byyear-end, said Bill Mat-thews, an official at theConference of State Bank-ing Supervisors that over-sees the mortgage registry.

Bank loan officers required to register with databaseBY THE ASSOCIATED PRESS

Page 7: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, AUGUST 7, 2010 7FREAL ESTATE

Some years ago, Leo Be-rard wrote out a $10,000check for each of his fourchildren. The money gavehis offspring a jump starttoward a down paymentfor the purchase of a firsthome, a goal all four even-tually achieved.

But nowadays, due totheir own financial chal-lenges, fewer parents havethe wherewithal to assisttheir children to buy a firsthome. Still, the yearningfor homeownership re-mains strong among manyin their late 20s and early30s, said Berard, a real es-tate broker and charterpresident of the NationalAssociation of ExclusiveBuyer Agents (www.naeba.org).

In many areas, homesare significantly more af-fordable than they werebefore the economicdownturn. Still, the bar-riers to entry can seemmonumental to cash-strapped purchasers.

“Many mortgage lend-ers are now stringent intheir down payment re-quirements. And lots ofyoung people have troublesaving, particularly ifthey’re carrying a lot ofstudent loans and creditcard debt,” Berard said.

He urges those who areserious about buying a firsthome to craft a strategicplan to cut their debt, re-duce expenses and beginsaving in earnest.

Here are pointers forpotential homebuyers whoneed to take control oftheir money:

› Do an inventory ofyour financial situation.

A major obstacle to sav-ing for a house is uncon-trolled day-to-day spend-ing, Berard said. But beforeyou can decide how to re-allocate your income, herecommends you review

where your money hasgone, category by catego-ry, over a recent three-month period. This can bedone either with pen andpaper or personal financesoftware.

Doing this preliminaryinventory can be time-consuming, as you siftthrough your credit cardand checking accountstatements. In fact, theprocess could take the bet-ter part of a weekend orpossibly even two. But Be-rard said it’s well worth thetime.

› Craft a spendingplan that lets you savefor your homebuyinggoal.

Once you know whereyour money is going, it’stime to create a budgetthat lets you meet youressential needs while stillamassing savings for yourdown payment, said EricTyson, a personal financeexpert and author of“Mind Over Money: YourPath to Wealth andHappiness.”

He encourages you toclosely evaluate every seg-ment of your spending insearch of any possiblereductions.

For example, don’t ac-cept the rent on yourapartment as a given, es-pecially if you live in a lux-ury complex with ameni-ties you rarely use, such asa swimming pool. Whenyour lease is up, perhapsyou could move to a moremodest building to cutyour rental costs.

› Get your debt issuesunder control.

In many cases, educa-tional loans are nearly un-avoidable, particularly forthose who attend graduateor professional school. Buteven after their schoolingis complete, many youngpeople continue to accu-mulate credit card debt —and at interest rates muchhigher than their studentloans.

“You need to be very ag-gressive about getting yourdebt under control. At theminimum, you shouldmake no new purchases onyour credit cards untilyou’ve saved enough foryour down payment,” Ty-son said.

To be sure, paying downcredit card debt can re-quire severe self-sacrifice.But obviously, you’ll find itmuch easier to amass your

down payment whenyou’re no longer jugglingcredit card payments atdouble-digit rates.

› Don’t be dissuadedfrom your homebuyingplans by friends.

Given that the economyis still facing problems,conventional wisdom hasit that this is a poor time tobuy a home. Consumerconfidence is sagging, and

significantly.“When you look back

over past periods whenconsumer confidence waslow, you’ll see that manypeople got terrific deals onreal estate then. Contrar-ians can do very well,” Ty-son said.

To contact Ellen James Martin, e-mailher at [email protected].

UNIVERSAL UCLICK

your friends may questionyour plan to save moneyfor a home purchase in thenear future.

But Tyson said thatthose who are persuadedby friends to postpone ahome purchase might oneday regret that they wait-ed, particularly after realestate markets havestrengthened and homeprices have rebounded

Saving for house takes time, perseveranceEllenJamesMartin

SMARTMOVES

Page 8: The Oklahoman Real Estate

8F SATURDAY, AUGUST 7, 2010 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Q: Our long, narrow livingroom has windows on bothsides with a fireplace on theend wall. I’m having troublearranging the furniture. I don’twant it to look like a bus sta-tion with all the seats linedup, marching down the sides.In another column, you gavesome suggestions on arrang-ing furniture when there’s awall to back it up. What aboutmy problem?

A: Designer Deborah Lipnerillustrates a creative solution inthe calm and cool picturedliving room. Its anatomy issimilar to your room’s setup:longer than it is wide, withwindows on both sides. (Therewas a good reason for thatwhen the home was built inhot, sultry Charleston, S.C.,around the time of the CivilWar — the opposing windowsassured cooling cross breezes).

In these air-conditionedtimes, the homeowners weremore concerned about how toarrange their furniture in com-fortable conversational group-ings. Lipner (of Deborah T.

Lipner Ltd.) came to the rescue.She simply positioned every-thing on the diagonal.

“If the furniture had been alllined up, the room would havelooked flat,” she explained. Bysettling the sofa and cocktail

table on the diagonal, thenplaying off that angle for therest of the arrangement, theroom became more interestingand cozier, Lipner points out.

The diamond-patterned rugand the armchairs in the second

seating area — in front of thefireplace — also add to the newangled idea that the designerwas pursuing.

With its gray-green walls,uncurtained windows and nat-ural linen upholstery, the roomis exactly what Lipner’s clientswanted: a subtle blend of con-temporary and traditional,jazzed up just a bit by a zebra-skin rug and a fresh new way ofplaying all the angles.

Q: My husband and I arearguing about what to dowith the guest closet in thefront hall. We live where it’salways warm, so nobody everneeds to hang up a coat. Iwant to turn it into a displayplace for my shells, but whatabout the door?

A: Take it off. Or replace itwith a mostly glass door soeveryone can enjoy your collec-tion. It would be a smart way torecycle that unneeded space.Think about adding glassshelves and lighting, too.

Q: Can we put ceramic tilein the kitchen area of ourgreat room if it opens to therest of the floor, which is cov-

ered in hardwood? I’m wor-ried that wood won’t stand upin a kitchen, or I’d just use itall the way through.

A: Stop worrying and startreading up on today’s hardwoodfloors. Like so many otherhome furnishings products,wood now comes pretreated, soit’s practically impervious toeverything from pets’ nails todropped pizza.

One exception: standingwater. You still can’t leave pud-dles on hardwood for long oryou risk water damage, no mat-ter how high-tech the surfacetreatment. But if you wipe upspills and splashes with reason-able alacrity, your hardwoodfloor will go on looking goodthrough years and years of traf-fic. Then, unlike other surfacingmaterials, you can always haveit refinished and start all overagain.

Wood may be one of ouroldest building materials, butit’s also the ultimate recyclable.

Rose Bennett Gilbert is the co-author of“Manhattan Style,” “Hampton Style,” and fiveother books on interior design. To find out moreabout Rose Bennett Gilbert go towww.creators.com.

CREATORS.COM

Placing furniture on diagonal energizes room

Playing all the angles, a designer cozies up a long, narrow room. CREATORS PHOTO

BY ROSE BENNETT GILBERTCreators Syndicate

LOS ANGELES — FannieMae is taking aim at home-owners who are able to paytheir mortgage but decideit’s not worth it, planningto go after them in courtand to limit their access tohome loans for seven years.

The government-con-trolled mortgage giant saidit would instruct the com-panies servicing its loans torecommend when itshould pursue a deficiencyjudgment: a court order re-quiring a defaulting bor-rower to pay any remainingunpaid portion of the loanafter a seized home is sold.

Lenders rarely use courtproceedings to pursueforeclosures in California,nearly always opting in-stead for a streamlinedprocedure involving atrustee’s sale of the home.Under state law, lenderswho opt for court proceed-ings can obtain a deficien-cy judgment if the mort-gage was used to refinancea home but not if it wasused to finance a purchase.

Fannie Mae also said itwould make new mortgag-es harder to obtain for bor-rowers if it can be provedthey engaged in a “strate-gic default” — abandoninga home to foreclosure notbecause the required pay-ments are unaffordable butbecause the mortgage islarger than the value of theresidence. For such a bor-rower, Fannie Mae said itwould not buy or guaranteeanother home loan for sev-en years.

Borrowers who workedin good faith with theirloan servicers to try to stayin their homes would bebarred from Fannie Maeloans for only two or threeyears, even if they eventu-ally lost their homes afterattempts at loan modifica-tions failed.

The ban on getting a newFannie Mae loan is signif-icant because homebuyershave little choice thesedays for financing exceptfor mortgages bought orbacked by Fannie Mae, itssister company FreddieMac or the Federal Hous-ing Administration. Thethree government-run en-tities financed 95 percentof new U.S. home loanslast year.

Freddie Mac, whichblacklists strategic defaul-ters for five years, said itwould study Fannie Mae’schanges and “consider ad-ditional changes to our po-lices as needed to respon-sibly manage risks.”

Borrowers who defaulton FHA loans for any rea-son currently can’t get an-other loan insured by theagency for three years.Legislation pending inCongress would impose alifetime ban on FHA loansto borrowers determined tohave made a strategic de-fault.

Fannie Maegets tough on‘walk-aways’BY MCCLATCHY TRIBUNEINFORMATION SERVICES

Page 9: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, AUGUST 7, 2010 9FREAL ESTATE

It’s an all-too-commonsituation. You find a per-fect home for sale in an ide-al neighborhood. It’s beenbeautifully remodeled, andit has everything you’vebeen searching for. Eventhe price is right.

Something tells you itmight be too good to betrue, but you put in an offeranyway, and it’s accepted.You start doing all the pa-perwork, and sure enoughyou discover the catch thatyou always somehow sus-pected was there.

The sellers did all of thatremodeling work withoutany building permits.

You’re in a dilemma. Youreally want this house. Thesellers insist that all thework was done by licensedcontractors and that theyhave full documentationand photographs of all thework as it was being done.

The sellers also tell you

that they’re willing to allowany type of inspection onthe home that you’d like —except for one by the city.They explain that they hada bad experience with abuilding inspector on aprevious home, or thatthey have an ongoing feudwith the city over their wa-ter bill, or they’re protest-ing the fact that the cityhasn’t fixed the pothole onMain Street yet, or someother reason that they re-fuse to become involvedwith the local municipality.

Through all this, you stillwant the house. Red flagsare waving, but you’re try-

ing to ignore them. The re-modeling really does looklike it was done well, andyou can certainly under-stand why the sellers wouldbe protesting that big pot-hole, rather than trying tocover up bad workmanshipon their own remodeling.

Perhaps you decide to goone step further and pay forinspections on the home,hoping someone will tellyou that all is well, despitethe lack of permits. Youmay even think that you canwrite some provisions intoyour sales contract that willoffer some future protec-tion for yourself. Unfortu-nately, it’s probably time towalk away from this “too-good-to-be-true deal.”

Hard realitiesIf the sellers are telling

the truth about the workhaving been done by “li-censed contractors,” then

they should be willing toprovide you with a list ofthose names, so that’s oneof the first things youshould ask for. It’s doubt-ful you’ll get it, because inmost states those contrac-tors are risking fines andeven the loss of their li-censes for doing remodel-ing work without a permit.

If the sellers are “opento any type of inspection,”ask if they’re willing tohave all the walls openedup at their expense so yourelectrician and your plum-ber can thoroughly inspectthe condition of the wiringand the pipes inside all ofthe concealed spaces. Thisis what the city buildinginspectors that they wereso anxious to avoid wouldhave done. And this iswhat you, as the buyer,now have no access to.That’s one of the big prob-lems here: If you decide to

buy this house, you haveno idea what’s hiding in-side those walls.

If, at a later date, youhave a fire or a water lossthat’s related to some de-fect that’s been hiddensomewhere by the seller orone of his contractors aspart of this unpermittedwork, your insurancecompany could deny all orpart of your claim as a re-sult. Can you even imaginehaving a loss in your homethat runs into the tens oreven the hundreds ofthousands of dollars, andthen finding out it’s notcovered because the previ-ous owner didn’t like citybuilding inspectors?

Still can’t live withoutthat particular house?Then here’s what you needto do to protect yourself:

› The sellers need toprovide all necessarybuilding permits for the

remodeling work.› If they can’t do that,

then they need to pay for alicensed structural engi-neer, a licensed electri-cian, a licensed plumberand any other necessaryprofessionals to inspectthe work and issue lettersstating that the structuremeets or exceeds all cur-rent building codes. Usingthose letters, the sellersthen need to contact thecity building officials andobtain whatever the equiv-alent would be to a com-pleted building permit.

› Once you have thatpaperwork, show it to yourattorney and your home-owners insurance compa-ny to be certain it’s suffi-cient protection. Be surethat a copy of it is recordedwith the escrow company.

E-mail Bianchina at [email protected].

INMAN NEWS

Protect yourself when home lacks proper permitsPaulBianchina

HANDY @ HOME

Page 10: The Oklahoman Real Estate

10F SATURDAY, AUGUST 7, 2010 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Oklahoma CityTAParchitecture, 7800 S

Kentucky Ave., school,add-on, $2,297,909.

Clark Construction, 1226N Shartel Ave., medicalclinic-office, add-on,$1,500,000.

Willco Homes LLC,17700 Prairie Sky Way, res-idence, erect, $775,000.

Brent Cornman Con-struction Inc., 8016 NW134 Terrace, residence,erect, $700,000.

Chad Hefty CustomHomes, 11714 SW 104, resi-dence, erect, $675,000.

Old World Plaza LLC,501 S Mustang Road, shellbuilding, erect, $650,000.

Van Hoose ConstructionCo., 101 N Robinson Ave.,office, remodel, $400,000.

Landmark Fine HomesLP, 18508 Salvador Road,residence, erect, $330,000.

French Construction Co.

Inc., 19700 Crest RidgeDrive, residence, erect,$325,000.

CCDC Inc., 8604 NW123, residence, erect,$300,000.

CCDC Inc., 12500Stonecrest Lane, resi-dence, erect, $300,000.

Thornbrooke HomesLLC, 15320 Grayson Drive,residence, erect,$300,000.

Thornbrooke HomesLLC, 15221 Wilford Way,residence, erect,$300,000.

Milestone Fine HomesLLC, 13601 SE 94, resi-dence, erect, $275,000.

Stone Creek HomesLtd., 11701 Marbella Drive,residence, erect,$266,000.

Aaron Tatum CustomHomes LLC, 5301 NW 118Circle, residence, erect,$263,100.

Mike Davidson & Co.

LLC, 13600 SE 47, resi-dence, erect, $250,000.

Stantec ArchitectureInc., 5222 N Bryant Ave.,automotive repair-wash,erect, $250,000.

Turning Point Homes,13415 NE 50, residence,erect, $250,000.

Brooks (Al) Construc-tion, 400 S Vermont Ave.,retail sales, remodel,$245,000.

Tommy HuelskampLLC, 4616 NW 155, resi-dence, erect, $239,920.

KCI, doing business asKatleron ConstructionInc., 5008 SW 126 Court,residence, erect, $230,000.

Tommy HuelskampLLC, 4708 NW 151 Terrace,residence, erect, $223,920.

J.W. Mashburn Develop-ment Inc., 2704 SW 141,residence, erect, $220,000.

Jason Powers Homes,601 Shamrock Circle, resi-dence, erect, $220,000.

Tommy HuelskampLLC, 4609 NW 154, resi-dence, erect, $215,920.

Jason Powers Homes,608 Shamrock Circle, resi-

dence, erect, $215,000.Oklahoma City Public

Works/Engineering, 1Myriad Gardens, assemblyhall, remodel, $207,000.

Authentic CustomHomes LLC, 16205 Peta-luma Place, residence,erect, $200,000.

Authentic CustomHomes LLC, 17213 Ridge-wood Drive, residence,erect, $200,000.

Cinemark USA Inc.,6001 N Martin Luther KingAve., theater, remodel,$200,000.

Lingo Construction Ser-vices Inc., 127 NW 7,church, erect, $200,000.

The RLA Co. Inc., 8817NW 71, residence, erect,$200,000.

Tommy HuelskampLLC, 4704 NW 151 Terrace,residence, erect, $199,920.

Brass Brick III LLC, 3033NW 191 Terrace, residence,erect, $195,000.

Taber Built Homes LLC,15312 Homecoming Drive,residence, erect, $195,000.

Van Hoose ConstructionCo., 4811 Gaillardia Park-

way, office, remodel,$195,000.

Joe Roberts, 8413 Heath-er Glen Drive, residence,erect, $190,000.

Joe Roberts, 8408Heather Glen Drive, resi-dence, erect, $190,000.

Caliber ConstructionInc., 7633 Jesse Trail, resi-dence, erect, $182,000.

Caliber ConstructionInc., 7625 Jesse Trail, resi-dence, erect, $180,312.

Abel Homes, 10709Wesley Circle, residence,erect, $180,000.

R&R Homes LLC, 5021SE 134, residence, erect,$180,000.

Woodland Homes LLC,3213 Chesterfield Place,residence, erect, $180,000.

Brass Brick III LLC, 19113Summer Grove Ave., resi-dence, erect, $175,000.

KCI, doing business asKatleron ConstructionInc., 2900 NW 190 Court,residence, erect, $170,000.

Design DevelopmentService, doing business asElite Quality Homes, 17 SW138 Terrace, duplex, erect,

$163,700.Design Development

Service, doing business asElite Quality Homes, 21 SW138 Terrace, duplex, erect,$163,700.

American Building Con-tractors & Developers LLC,10936 SW 31, residence,erect, $160,000.

Larry Toombs, 14116 Ox-ford Drive, residence,erect, $160,000.

Coy League Homes Inc.,12812 NW 5, residence,erect, $158,000.

American Building Con-tractors & Developers LLC,3212 Canton Trail, resi-dence, erect, $150,000.

Merryfield (M.D.) Inc.,13120 SW 109, residence,erect, $150,000.

R&B Home Construc-tion LLC, 3513 GalatianWay, residence, erect,$150,000.

R&B Home Construc-tion LLC, 3515 GalatianWay, residence, erect,$150,000.

Cedarland Homes LLC,

Permits

SEE PERMITS, PAGE 11F

Page 11: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, AUGUST 7, 2010 11FREAL ESTATE

4800 SW 122, residence,erect, $146,900.

Huddleston Construc-tion Co. LLC, 1133 SW 128,residence, fire restoration,$140,000.

Quality RenovationsLLC, 3200 BrookhollowRoad, residence, fire resto-ration, $125,000.

American Building Con-tractors & Developers LLC,3301 Canton Trail, resi-dence, erect, $120,000.

American Building Con-tractors & Developers LLC,3217 Canton Trail, resi-dence, erect, $120,000.

American Building Con-tractors & Developers LLC,3208 Canton Trail, resi-dence, erect, $120,000.

Ideal Homes of NormanLP, 18429 Carillo Road,residence, erect, $119,000.

Precision Style Homes,10604 NW 17, residence,erect, $118,000.

Precision Style Homes,1804 Alexander Way, resi-dence, erect, $116,000.

Home First Inc., 14800SE 75, residence, remodel,$110,000.

Precision Style Homes,12100 SW 13, residence,erect, $106,000.

Alan Stuck CustomHomes, 19432 SkylersDrive, residence, erect,$100,000.

Burns Paving Co, 9220 NKelley Ave., parking, in-stall, $100,000.

Hans and Torrey Butzer,617 NW 16, residence, add-on, $100,000.

Home First Inc., 14700SE 75, residence, remodel,$100,000.

Home First Inc., 14724

SE 75, residence, remodel,$100,000.

Home Creations, 11617SW 10, residence, erect,$99,400.

Home Creations, 12012SW 10, residence, erect,$84,600.

Home Creations, 2216NW 197, residence, erect,$84,200.

Ideal Homes of NormanLP, 18424 Abierto Drive,residence, erect, $83,000.

Home Creations, 2220NW 197, residence, erect,$82,300.

Leonard Construction,5700 Sunset Ridge Road,residence, remodel,$80,000.

Home Creations, 2221NW 197, residence, erect,$77,500.

Home Creations, 2224NW 197, residence, erect,$77,200.

Home First Inc., 14712 SE75, residence, remodel,$75,000.

Ideal Homes of NormanLP, 1701 NW 144 Terrace,residence, erect, $74,000.

Glen Akin, 4633 E Wil-shire Blvd., residence,erect, $70,000.

Ideal Homes of NormanLP, 15429 Calm WindDrive, residence, erect,$69,000.

Ideal Homes of NormanLP, 15501 Calm Wind Drive,residence, erect, $67,000.

Debra Bartlett, 12400 SE137, manufactured home,move-on, $56,000.

Flintco Inc., 5401 NPortland Ave., hospital, re-model, $50,000.

Graham Construction &Development, 6000 NW 2,office-warehouse, remod-el, $43,128.

Cellxion Wireless Ser-vices LLC, 12203 S MayAve., tower-antenna,modular, $40,000.

Daniel Trujillo, 3016 SE57, residence, fire restora-tion, $40,000.

David Ledbetter, 1800NW 122, school, remodel,$35,000.

Solitaire Mobile Homes,3308 SE 89, manufacturedhome, move-on-mobilehome park, $33,500.

Dick Cooper, 2908 WWilshire Blvd., residence,add-on, $25,000.

Chico’s Construction &Remodeling, 6209 DianeDrive, residence, add-on,$20,000.

Lingo Construction Ser-vices Inc., 1111 N Lee Ave.,hospital, erect, $20,000.

Cenex Construction Co.,2521 SW 90, residence,add-on, $18,000.

Dale Reed, 12216 SE 89,barn, erect, $17,000.

Giang Doan, 2021 NE 115,storage, erect, $17,000.

Matt and Megan Hodge,3205 NW 62, residence, re-model, $15,000.

Rosete ConstructionLLC, 3208 Lyon Blvd., resi-dence, add-on, $15,000.

Chris Steinmetz, 16516 NPennsylvania Ave., recre-ation center, remodel,$15,000.

Mendez Construction,14409 Oakmond Road, res-idence, add-on, $10,000.

Alex Tran, 5013 HarmonDrive, manufacturedhome, move-on-mobilehome park, $10,000.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems of

Oklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S Mustang

Road, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Structural Systems ofOklahoma, 501 S MustangRoad, retail sales, remodel,$8,500.

Joseph James, 115 SW 83,storage, erect, $8,000.

Cellxion Wireless Ser-vices LLC, 12203 S MayAve., tower-antenna, in-stall, $6,500.

Maria Garcia, 3605 NW20, residence, add-on,$6,000.

Silvercliffe Construc-tion, 8500 NW 23, tempo-rary building, move-on,$5,000.

Patrica Hines, 1515 E Ma-dison, residence, fire resto-ration, $5,000.

Fulgencio Deleon, 3240NW 17, residence, add-on,$5,000.

Helen Zienkievicz, 13101S Luther Road, accessory,erect, $4,500.

William J. Hanby, 10104Birkenhead Court, stormshelter, install-storm shel-ter, $4,000.

Minh Le, 2408 NW 153,storm shelter, install-storm shelter, $3,400.

Bill Howard, 18916 DaveDrive, storm shelter, in-stall-storm shelter, $3,200.

Morris Patrick, 9508Maybrook Drive, resi-dence, add-on, $3,000.

Ramesh Oza, 6111 S KleinAve., apartment, fire resto-ration, $2,000.

John Wilson, 8425Woodbend Drive, canopy-carport, add-on, $2,000.

Lucina Martinez, 3016 NAnn Arbor Ave., residence,

add-on, $1,500.Terry Kautz, 19604 Dan-

forth Farms Blvd., storage,erect, $1,200.

DemolitionVickey Mason, 14827 SE

75, residence.Midwest Wrecking, 620

NE 34, residence.Vickey Mason, 1210 NE

20, residence.J Williams LLC, 109 SW

28, building.No owner information,

2201 Glen Ellyn, garage.J Williams LLC, 109 SW

28, building.Curtis Fortenberry

House Moving & Demoli-tion, 6500 S Indian Merid-ian, house.

Curtis FortenberryHouse Moving & Demoli-tion, 5601 Sunset RidgeRoad, house.

K&M Dirt Services, 1210NW 18, vacant.

L&S Demolition, 1531 NE8, house.

Midwest Wrecking,9901 Harbor Drive, house.

Midwest Wrecking, 1132NW 7, house.

Midwest Wrecking,6220 N Classen Blvd., of-fice building.

Midwest Wrecking,2429 SW 29, service ga-rage.

Midwest Wrecking,6001 NW Grand Blvd.,house.

Ray’s Trucking, 2445SW 40, duplex.

Ray’s Trucking, 9233 SAnderson Road, residence.

Latif Tahmasebi, 3704W Park Place, house.

Latif Tahmasebi, 3708 WPark Place, house.

Dale Reed, 12216 SE 89,residence.

PermitsFROM PAGE 10F

11628 SW 3rd St. 3 bed,2 bath, 2 liv, 2 car $995745-2230 or 514-6598

Immaculate 3/2/2, appr.1400 sf, by Lake Hefner,

$950 + dep, 863-2999.

OLDETOWNE3 bed 1 car attached

$800/month 769-7177

ACREAGE HOMESITES AVAILABLE» The Ranches at Olde

Tuscany 1+Ac Moore Schls» Olde Tuscany III

5-10 ac Moore Schools» The Timbers 5 ac

Moore Schools» Montecito 1+ ac

Norman Schools» Belleau Wood

1+ ac Edmond Schools» Stillbrook Glen 2.5-10ac Bridgecreek Schools

Call Mike 317.0582landmarkfinehomes.com

Visit one of our fullyfurnished model homes

today! *We build onyour lot or ours*

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

5A restricted home sites2-tracts to choose from25 mi N of Memorial Rd.on hwy 74. 10% down,owner will finance bal-ance WAC. 405-818-4888

BUILDING SITES PIED-MONT 3/4 and 1 AcreLots, Close In-Good

Streets Leon 373-4820Overland Ex Realty

1-28 acres » All AreasOwner Financing

Woodlake Properties405-273-5777

www.property4sale.com

2 adjacent 5 acre lots inrestricted subdivision inYukon/Mustang area, re-duced price, 405-204-9917

FIXER UPPER 16 ACRESand large home. Luther

$89K, 405-651-8248

3bd 1K ba 1500sf on aprx1ac NE Okc on Westmin-ster $39,900 405-601-9086

213 acres, excellenthunting, near Osage, Ok.918-637-0507

3/2/2 on 2K ac, 30x40shop, 424 Sherwood Ln,

Edmond $170K 436-3055

For Sale By Owner 320ac, Lincoln County, OK.405-258-3634/918-740-3197

Guthrie, family com-pound, (2) 3 bed, 2 bath,5 acres, 850-0532.

Open Sun 2-4, Nantucket3200 W Britton Rd #392b, 2b, unique cottage,1 level/no stairs, total

remodel 1050sf mol,own/agent $110,000 Call202-9595 from the gate.

Pristine Private ranchEllis Co Pack saddle,creeks, excellent hunt-ing, house, barn, kennel,private road. True gemfor professional or group.580-885-7262

Real Estate AuctionSat, Aug 14th, 9:30 AM2240 N Henney Road,

Choctaw, OKOpen House Sat 8/7 11-3RC May & Assoc 341-9202www.auctiondays.com

OWNER FINANCING$1000 down No Credit Ck1533 Mallard, 3 bd, 1 ba,

596-4599 or 410-8840

Spectacular Home inSTONEBRIAR

500 NW 193 Great newhome with unbelievableprice. 3bd, study, indoorand outdoor fireplaceOPEN Daily 615-2545

Home for sale316 SW 40th, Wonderful

Home, Move In Ready!Bring all Offers! 3 bed 2

bath 1704 sqft, CallWillie 405-514-4055,Metro First Realty

Corner Lot714 Highlander 2bed,1.5ba, 1.5 Car Garage,1092mol $79,900.

735-9773, 226-0899

541 E Elder Lane, 4 bed,2 bath, 2 car, $148,000obo, 405-464-1204 www.541elder.mustangtoday.com

3bd 1K ba 1500sf on aprx1ac NE Okc on Westmin-ster $39,900 405-601-9086

1000-1002 W. Hill St.Duplex, 2bd 1ba ea side,brick, $45,000 808-3888

www.2sellhomes.net

FLIP THIS HOUSE3 bd, 1.5 ba, Great neigh-borhood! 2644 NW 46th

$79,000 942-1277

5504 NW 113, 4/3/3/2,close to Hefner Lk $165K

514-3800, 720-7400

Owner Financing 2 HousesFront house 3bd 1ba ch/aBack house 2bd 1ba 1car

$59,900 sale or rentfor $795 » 562-0000

buyahouseinoklahoma.com

MINT COND 3/2/2, blt 04,extras, Moore sch, $121.5K

Arlene CB 414-8753

BANK OWNED 3/2/3, blt 961533sf, Moore schls, 2 liv,$109.9KArlene CB 414-8753

Great schools go with3bd brick, 2ba, upgradesw/energy in mind-all lgrooms, access to back2car. Seller help withclosing. Mid $120'sCall M-F MPM 670-1411

Beautiful new 2763 sfhome, 3/2/3, 2 fp, hard-wood floors, granitecounter tops, oak cabi-nets, patio, on 7 acres,$425,000, 405-373-3642.

5215 HART DR 5 Bed 5AcUpdated 5Bd, 3K Ba,

2 Liv, 1 Din, Pipe & CableFence $375K

Leon 373-4820Overland Ex Realty, Inc

6708 EVERY AVE NW5 AC 4Bd, 2K Ba, 2 Liv,1 Din, 2 Car, Horse Barn,

4 Stall + Wash RackLeon 373-4820

Overland Ex Realty Inc

15305 Marie Drive 3/2/3.Investor opportunity tofix & flip $77,000 808-3888

www.2sellhomes.net

Rural Blanchard - 1920's2-story, 4 bed, 4 ba, 1.7ac, barn, $275K 485-3200

Edmond, Sat & Sun, 2-4,18713 Shilstone Way,3550 sf, 4 bed, 3.5 bath,study, theater, $364,900.

Sardis LakeClose to Clayton, OK.

Excellent deer & turkeyhunting. Electric & wa-

ter. Close to paved road.Beautiful locations for

cabins. Beautiful views.Over-looks Sardis Lake.Total price $397,500.00.Owner will finance. Ray

Vermillion Real Estate918-655-7764 www.vermillionrealty.net

2 Building Lots, 80'x150',One has a greenhouse

frame, $25,000/ea.»» 405-769-2406 »»

$$$$$$$$$$$$$Up to $5000 towards

your new mobile homew/ a 4 yr. lease! Or...Wewill move your home to

one of our BeautifulProperties! Visit us atwww.aboutarc.com or

call 405-733-4072.

BACK TO SCHOOLSPECIAL! Free month'srent in. No applicationfee. wac Yukon schools3bd/2 bath. All electric.

Going fast. Call787-0136 or 495.1463

Huge Inventory home sale!Own Land or have FamilyLand use land to purchasenew home! Need Land?Land/Home I-20 acresavailable. 3, 4, 5 bedrmManufactured & Modularhomes. Turn Key, we doit all! 1000 furniturepackage with purchase888-878-2971 405-204-4163

Price Reduced! New3bd/2ba Mobile Homesalready on land located

in Shawnee, Prague,Cromwell & HarrahOwner Financing

Woodlake Properties405-273-5777

www.property4sale.com

First Time Homebuyer.New & repo homes avail-able. Move to your landor to community. Tradein homes are welcomed.888-878-2971 405-602-4526

2005 Clayton, 3 bed, 2bath, country setting,with 5 acres, in Spencer323-4152 or 823-2090.

3 bed dbl. w/fireplace,huge glamour bath,

walkin closet island kit.$389mo wac 470-1330

1998 16X80 MH, 2 largebd, 1K ba, exc cond,3722 SW 23 Pl, 605-2001

Land/Home Repo’sMany locations around OK.E-Z Qualifying405-787-5004

3bd 2ba DW on acreagew/pond. Less than $500mo, WAC 631-3609

Repo 3bd 2ba $19,900Del. 301-2454/517-5000

3/2 bath set up quiet parkCall for details405-631-7600

4/2 bath set up with2.5 acres 405-631-7600

80 Acres W of PiedmontEasy access, aprx. 1/2 miS. of Waterloo Rd, 7 miW. of Piedmont . Greatpastures, good fences,pond, plenty of buildingsites & lots of wildlife.Deer, Turkey, Bobcats,Coyotes & Quail! Pro-tected land surroundedby wheat fields. $300,000.Serious inquiries onlyplease. 405-517-9989.

EUFAULA LAKE / S.E.Oklahoma / 8 Lake FrontFully Furnished Cabins

Investment Opportunityw/ Income 3 docks. Pack-age deal or priced seper-ate. www.LakeEufaula.net $875,000 Karen @ERA Real Estate 918-

617-3901 or452-3900 Owner/Assoc

Real Estate AuctionSaturday, August 14 2010

Prime Real/EstateMultiple Locations2 Brick Homes on

acreages close to Purcelland Lindsay and a

commercial property nearDibble. For information

call Kelly at (405) 527-6503or Jackie at (405) 642-3496

or seewww.mcclainbank.com

DO NOT Call Unless…Foreclosure/Behind PaymtOverleveraged/Repairs

Call/Web 800-Sell-Now.com

Need Repairs/MovingForeclosure/behind paymtProblems dont just goawayCALL TODAY 464-1175

I BUY HOUSESAny condition. No cost

to U 495-5100

WE BUY HOUSES1-800-SELL-FAST

www.1800sellfast.com

Heard of a SHORT SALE?SELL YOUR HOUSE TODAY!Foreclosure/behind Pymts340-9879/HouseKings.com

CASHFAST CLOSE

4 0 5 - 5 6 8 - 9 6 9 5

I BUY & SELL HOUSES27 YRS EXP 650-7667

HOMESOFOKCINC.COM

Very successful ROLL OFFDUMPSTER BUSINESS.

Ready to retire. Consistsof 1 GN Nurse trailer,

12000lb hydraulic. 14000lb axles, 150000lb winch10 15yard cans, 1 12 yard

can. Name, contacts,contracts, phone book &

web listing included405-933-0124 cell.405-247-2476 office

Successful Liquor Storeand Mix Shop (405)756-6438 or (405) 207-0739

Well Established. Hun-gry Traveler Restaurant.Seats 150, I-40, Exit 237Henryetta, Ok, 918-652-7603, 918-652-1789

Shoe Repair Shop forsale will sell machineryseparate. 620-515-5577

REDUCED TO SELL!Cash Flow Rental Prop.

Handyman SpecialsOwner financing avail.

1224 NE 19th $28,000107 SE 41st $38,5002118 N Prospect $28,000740 NE 36th $28,500Prices Negotiable Kruger Inv.Call Jim 235-9332/812-1657

Investment Opportunities,Bank Owned 18 units

$350K; 16 Units $499K;4plex $169K; Also $250K

earns 8% plus equityownership, SeabrookeRealty 405-409-7779

Tow Lot/Car Lot65'x250', fenced, double

gate, $1200 month,825 SE 59th, 826-2853.

New- commercial. S. I-351900sf 12x12dr, Kit, ofc,ht/ac $1000mo 412-7665

Warehouse/OfficeI-40 & Meridian,

2200-4819sf, 946-2516

GREAT SpaceOFFICEConvenient

NW Locations:I-40 & Meridian

NW Expressway & MayBritton/Lake HefnerParkway 200-6000sf

946-2516

Edmond Office Spaces625sf, $835; 275sf, $400;or both $1200. All inclu-sive. 359-7100, 641-0468

10307 Greenbriar PkwyS OKC 2 suites 1,107sf

each »» 405-364-5300

VERY, VERY QUIET!Near mall, schls, hosp,

Try Plaza East•341-4813

$200 OFF RENT1&2bedrooms. Spring TreeApartments. 405-737-8172.

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

Walford Apts 518 NW 12MIDTOWN District

Amazing! All electric,1bd 1ba, ch/a. Corner

Studio $550mo $450dpEfficiency $425mo $325dp

409-7989 no sec 8

LIMITED TIME SPECIAL$149 1st mo 525-1177Near OU Med Center.

MOMENTUM PROP MGMT

Spring SpecialLARGE TOWNHOMES

& APARTMENTS• Washer, Dryers, pools• PC Schools, fireplaces

Williamsburg7301 NW 23rd

787-1620WOW! $149 1st Month

1 Bed-2bed available»» ALL BILLS PAID»»

POOL. 405-946-0588DREXEL ON THE PARK

The Plaza 1740 NW 17thK Off Special

1bd, 1ba 750sf, woodfloors, all elec, $450 mo,$200dp. No sec8 409-7989

Briargate 1718 N IndianaK Off Move in Special!

800sf 1bd 1ba, cha, all elec,wood floor, $450mo, $200dep. No sec 8 409-7989

Foxcroft Apartments1, 2 & 3 beds

»»» 787-6655 »»»

3400 N Robinson Large1bd 1bath 800sf. Freelaundry all electric $400mo, $200 dp 409-7989

Oakwood Apts 5824 NW 34K off Move in Special

1bd 1ba, 750sf $335mo$175dp 409-7989 no sec8

Furnished/UnfurnishedBills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 943-1818

MAYFAIR GARDENS His-toric Area! Secure, wash/dry hardwd flrs 947-5665

800 N. Meridian: 1bd, allbills paid & weekly ratesavailable. 946-9506

$99 Move-In Special1bd 1ba $295-350, stove,fridge, very clean 625-5200

Bills pd clean quiet furneff/1bd $100/wk&up 10&Penn 751-7238/640-9413

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

Rockwell Arms, 787-1423

Putnam Heights Plaza1 & 2bd, ch/a, Dishwasher1830 NW 39th 524-5907

Rent Savers!Spacious Casady 751-8088

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

$201 Total Move-In CostEnergy Eff., $301 movein/1 bd, $401 move in/2bd. $1 First Week RentWeekly Avail: Effic $115

1bd $125, 2bd $165Disability & Social Security

recipients welcome616 SW 59th, between

Western&Walker634-4798Drug free environment

Not all bills paid

$99 SPECIALLg 1bdr, stove, refrig.,clean, walk to shops.$325 mo. 632-9849

Furnished/UnfurnishedBills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 943-1818

$99 Move In Special!!!Lg 1 and 2 Bdr, $325 to

$395 mo. 632-9849

Clean 1 bedroom,you pay electric.

2328 SW 28th 685-8278

$305 & Up per monthFurnished 1bd & Efficiency2820 S Robinson 232-1549

Furn 1BD most billsPaid + EMSA, no sec 8and no pets, 524-2730

Large 1 Bed, 1.5 Bath THlarge closets, fp, doublecarport, $625 mo, $150

dep, 8044 NW 10th.Thousand Oaks Condo-miniums. 405-789-2434

Woodcreek in Edmond,Move-N-large, clean

3 bd, 2K ba, gar entry, ongolf crse, w/d, refrig,$1100/mo., 348-5473,

816-5473

Updated 2 bd, 2 car, 1430SF, PC Schools, $650 mo,

Good Credit ONLY!NO PETS! 823-8398

Grand Pointe exec condo,2/1K /2, ch&a, pool, ten-nis, lease, 842-5632.

3245 NW 50th #2442 bed 2 bath $550 mo

TMS Prop 348-0720

2 bd, 1 ba, ch&a, K blkfrom UCO, all appls, $600824-8954 or 348-9405.

LIMITED TIME SPECIAL$149 1st mo 525-1177Near OU Med Center.

MOMENTUM PROP MGMT

828 NW 113, 2 bed, 2bath, stv, refrig, CH&A,

fenced. Carport.$525/mo + $500/deposit525 NW 114 St. 3 bed,car garage, $725/mo +

$500/deposit.No pets. Sec. 8 ok.

748-6129 or 607-6670

New Luxury Duplex13516 Brandon Place3/2/2, fp, Deer Creek

Schls, near Mercy. Modelopen 10-4 842-7300

2 bd 1 ba 1car ch&a, ap-pls, $575, 3529 NW 51st,no pets, 918-607-5564

11705 N. Francis2/1.5/2. No pets $625

TMS Prop 348-0720

Town House, 2/1K /1, PCschls, appls, w/d, fp, secsys, $600 + dep 210-3903

Total Access! NO STEPS!Rollin showerwide door943-8243, afh911.com

Large 2-3 bed, 2 bath,2 car garage, TH,

all appls, gated, pool,Yukon Schools,

from $800/mo. 789-3705

OKC SW 1 bed, stove &fridge, no pets, bills paid,$450mo + dep. 232-9704

Furnished/UnfurnishedBills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 943-1818

4101 Hammond, Bethanyschls, $675, 3 bd, 2 ba,ch&a, no pets, 787-6626.

Small Trailer furnished» close in » $400mo »»» 405-200-2597 »»

1604 Elm Dr. 3/1.5/2,$650 rent, $550 deposit,CH&A, brick, 408-6361

4613 SE 41st, 4/2.5/3cgarage tatum, ch&a, 2story $950 405-740-6072

HOMES FOR LEASEwww.executivehome

rentalsokc.com3-4BRs $1000-$3000

Welcome Home877-884-7434

Executive Edmond Home737 Martina Ln, 4bd2.5ba 3car, $1500 mo

$1500dep 2000sf 409-7989www.okcrentalhomes.com

14900 Kurdson Way,3278sf, 4 bed, 4.5 bath, 2

living, study, 3 car,$2500 mo. 627-2794.

3 bd, 2 ba, 3c gar, 1900sfblt in '96 $1100/mo. forinfo call Alex, 990-0488

3 bd, 2 ba, 2 car, 1700 sf,ch&a, $1250 mo + $1250dep. 824-8954/348-9405

3/2/2 brick, CH&A,fenced yard,

$750/month. 630-0649

2 & 3 bd House & MHsnear Jones & McLoud

733-8688

Brick, 3 br, 1.5 ba, 1041sq ft, ch&a, att. gar,fncd, deck, newly remod-eled, nice nbrhd, smoke-free $750 +dep. Pets Okwith dep. 796-7222

3 bed brick, 1K bath,ch&a, 2 car, appliances,near grade school, $650month, section 8 okay,672-6100 for info.

Rent Specials All Areas4 Beds from $595 to $12953 Beds from $495 to $9952 Beds from $395 to $495

Free List 605-5477

3104 N Holman Ct, 3/1/1no smoke, no pets, nice,clean, $595 mo, 596-5570

134 W. Lilac, 3bd 1baCH/A, W/D hkup $600mo$450dep 701-1722

3bd 2ba, nice, Sec 8 ok228 Windsor Way ch&a

w/d hkup 436-4648

9100 Jennifer Pl 3bd 1ba1car $525 mo, $350 dep

681-7272

8324 Anderson3/1 5ac$6755604 SE 81st 3/2/2 $1050Home&RanchRlty794-7777

3bd brick, 1ba, 2car, newcarpet & tile, fncd bkyd$750+$750dep. 831-2617

V-Nice, 1 mi E of Tinker,3/1 ch&a, util rm, $485

+$300, no pets, 732-4351

4608 Meadowoak Dr.3/1K /2 + den, sec 8 ok.

$750 + $350dep 324-2611

1408 Sandra, Nice 2 bd1 ba $475 • 732-3411

EXEC HOME For Rent,gated, 3216 sf, built in

2008, 3 car gar, 3BR, ofc,theater rm, 4BA, some

furnishings, no pets, min1 yr. 405-641-0124

609 NW 20th3/2/2 all appl incl, ch&a,FP $1000 mo/$1000 dep

918-388-7668

2428 SW 90 3/2/2 fp $850621 Madeline 3/2/3 $1100Home&RanchRlty794-7777

HOMES FOR LEASEwww.executivehome

rentalsokc.com3-4BRs $1000-$3000

Welcome Home877-884-7434

1400 NE 14th, 3 bd, 2 ba,Sec. 8 OK. CH&A, Nice,Must See! ‘ 436-4648

Rent Specials All Areas4 Beds from $595 to $12953 Beds from $495 to $9952 Beds from $395 to $495

Free List 605-5477

1333 NW 104St. 3bd1.5ba ch&a wash/dryerhkup no sec 8/no pets

$700/$700dep 519-2845

3120 W. Park Pl., 3 bed 1ba, 2 liv. areas, $800 mo

$600 dep. 405-922-9782

616 NW 92nd 3bd 1bathnew carpet $550

681-7272

Open Sun 12-2pm, 6431N Peniel, 2/2/2 duplex,fp, ch&a, $725, 627-4244

924 NW 109th, 3bd 2ba2car 1300sf $850mo$800dp 409-7989 no sec8

2801 NW 63rd, 3bd, 2ba,1car, 2liv, ch&a, fenced$850+$700dep 413-4252

1520 NW 10 3 bed, fncdyd, $400 mo + $150 dep

1 bed avail also 639-0556

Several 2 or 3 bed homesSec 8 Ok, $450-$525mo

Call 843-6693

Section 8 OK, 3 bed,336 NW 85th, $675 +

deposit, 942-3552.

820 NW 115th 3100sf5bed 3bath, $1200mo

Contact Bill 706-4315

3 bd, 1K ba, det. gar.,util. rm, fncd, nice bkyrd$645 + $300dep 326-3370

HOMES FOR LEASEwww.executivehome

rentalsokc.com3-4BRs $1000-$3000

Welcome Home877-884-7434

Rent Specials All Areas4 Beds from $595 to $12953 Beds from $495 to $9952 Beds from $395 to $495

Free List 605-5477

29 SE 33rd, 1bd, water &gas paid $3501121 SE 21 2bd 1ba $450

681-7272

$350mo »» $200dep6 bedroom,

701 SE 20, 405-412-6881

5300 Evanbrook Dr.3/2/2, $800 + $500 dep.

Sec 8 ok. 205-5849

2221 SW 38th 2bd 1banew carpet $425633 SW 33rd 2/1 $3502401 SW 43rd #7 1bdapt, total elect, waterpaid $325

681-7272

New Rivendell ExecHome 408-4168

Luxury indoor pool & spaFully equip'd media &wrkout rooms $5500/moOpenhouseok.com

Rent Specials All Areas4 Beds from $595 to $12953 Beds from $495 to $9952 Beds from $395 to $495

Free List 605-5477

Moore Schools 1232 SW93 corner lot. 3bd 2ba 2car garage. fp, fencedyard. $995+dep 755-6036

RENT TO OWN, SW OKC4 bed, 1K bath, O acre

$975/mo; low down pay-ment. 275-1745

Giant 2 story, 3bdr, 2ba,garage, 2 fireplaces,$525 mo. 596-8410

4 bed, CH&A, section 8ok, $725 + deposit.

Ready now! 882-1536

2bd, gar, fncd, w/d hkup,remodeled, no pets, sec8 ok, 787-6677, 641-6203

3 bed, ch&a, WesternHeights Schl, 3108 SW65th St, $700, 745-4414.

Nichols Hills: 2 bed,2 bath, 2 living, 2c gar,

fncd, fp, $1150. 751-2058

2132 Westchester, nice2 bed, ch&a, w/d hookup,no sec 8, $650, 255-1075

1207 Tedford Way3/2, formal dining $1600

TMS Prop 348-0720

HOMES FOR LEASEwww.executivehome

rentalsokc.com3-4BRs $1000-$3000

Welcome Home877-884-7434

1219 Leslie Ln., 2 or 3 bd,1.5 bath, 2 car, lawn bylandlord. $500dep, $825/mo. 1 yr lease 245-1282

HOMES FOR LEASEwww.executivehome

rentalsokc.com3-4BRs $1000-$3000

Welcome Home877-884-7434

Country Living: trailerpark lots for rent, SE

134th and Sooner Road,free water, sewer andrefuse, $100 month,

895-7211 or 615-1220.

WHY RENT WHEN YOUCAN OWN?

Easy financing with nocredit needed. Yukon schls405-815-7245

3B 2B 16x80SW OKC $695 includesLot Rent $300 Deposit

388-2882

$ FREE RENT 1ST MO $2BR $350+, 3BR $495+,

MWC NO PETS 427-0627

MANAGEMENTLEASINGSALES

SINCE 1982Spectrum Management

848-9400usespectrum.com

Moore-Mstr bd in lrg home,walk incloset, window seat,storm cellar, wash/dryer,parking, cable, 405-799-0071

Mature single person,smoking okay, near Tin-ker, $450 month, util-ities included, 619-0177.

8408 Surrey Pl. 2391 sf,3 bd, 2 ba, 2 car, large yd$1400/mo. 627-2097 M-F

3x2 DW handyman $24,900Del. 301-2454/517-5000

16x32 Modular 1 bed Log301-2454/517-5000

Acreage For Sale 302

Condominiums,TownhousesFor Sale 304

Farms, RanchesFor Sale, Okla. 308

RE for sale

Choctaw 312

Del City 313

Edmond 314

Moore 318

Mustang 319

OKCNortheast 323

OKCNorthwest 324

OKCSouthwest 326

Piedmont 327

Piedmont 327

Tuttle/Newcastle 329

Open Houses 334.2

IndustrialProperty 336

Lots For Sale 337

Mobile Home Parks Community/Acreages 338

Mobile Homes, Manufactured Houses 339

Mobile Homes, Manufactured Houses 339

Oklahoma Property For Sale 340

Real EstateAuctions 342

Real EstateNotices 345

Real EstateWanted 346

Commercial RE

Established Business For Sale

Established Business For Sale

Investment Property For Sale 355

Business Property For Rent 360

Industrial PropertyFor Rent 361

Offi ce SpaceFor Rent 363

Apartments

Edmond 422

MWC 424

OKCDowntown 429.5

OKCDowntown 429.5

OKCNorthwest 431

OKCSouthwest 433

Condominiums,TownhousesFor Rent 441

Duplexes

Edmond 444

MWC 446

OKCDowntown 451.5

OKCNorthwest 453

Yukon 460

Garage Apartments 461

Hotels/Motels 462

RE for rent

Bethany/Warr Acres 464.5

Choctaw 465

Del City 465.5

Edmond 466

Harrah 466.5

Jones 467

MWC 468

Moore 469

Moore 469

Mustang 470

OKCNortheast 474

OKCNorthwest 475

OKCSoutheast 476

OKCSouthwest 477

OKCSouthwest 477

Village/Nichols Hills 481.5

Norman 473

Yukon 482

Mobile HomeRentals 483

Rental Services 487

Rooms For Rent 489

Page 12: The Oklahoman Real Estate

12F SATURDAY, AUGUST 7, 2010 NEWSOK.COMTHE OKLAHOMAN