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LISTING OF THE WEEK

Wooded acres The Listing of the Week is a traditional home on 2.2 wooded acres with a tennis court on a secluded street off N Western Avenue. PAGE 6F

HOUSE PLAN

Relaxing space Vaulted ceilings in the ranch-style Granbury create a relaxing sense of spaciousness in a home with slightly more than 1,800 square feet of floor space. PAGE 7F

REAL ESTATE

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Mi-Ling Stone Poole ASK MI-LING

THE OKLAHOMAN | NEWSOK.COM

SATURDAY, SEPTEMBER 4, 2010

VINTAGE APPLIANCES KEEP HOMES HUMMING IN OLD-FASHIONED STYLE

CHAPEL SHOWS GOTHIC STYLE Duke Chapel, at Duke University, in Durham, N.C., is an exquisite example of neo-Gothic architecture in the English style. PAGE 3F

IN BRIEF

PLANTS GET ‘VACATION’

Lee and Melissa Higginbotham own a working vintage 1956-57 GE refrigerator and a GE stove and oven, which came with the house they bought more than 20 years ago. MCCLATCHY-TRIBUNE PHOTO

Red showstopper

BY JAMIE KNODEL McClatchy News Service

DALLAS — Long before granite and stainless-steel dominated kitchens, chrome mixed with high-gloss, playful color was the look. These kitchens and their appliances of years past have droves of fans. The owners of vintage appliances are a proud lot, quick to show off a refrigerator’s special features, discuss the steps they take to keep a stove shiny or share a charming story about a previous owner. Many aren’t afraid to fiddle with this or that part to get their equipment back in prime working order, and the ones who leave repairs to the experts have had little trouble finding a professional to get their appliances humming once more. While all of the vintage appliances we found are in older homes, there are plenty of collectors who put vintage appliances or reproductions in new construction. Meet three homeowners who live with appliances that have sailed past the half-century mark.

1950s-era Chambers high-back stove. The proud owners: Van and Elsa Moushegian of northwest Dallas. Its colorful past: When the Moushegians bought their house, the seller was sure to tell them about how, when he was a boy, his father gave his mother the stove to mark a special occasion. The seller had moved the stove to a couple of other houses but didn’t have a place to take it to the next, so it stayed and became the Moushegians.’ Bells and whistles: Instead of four burners, the stove has three. In the place where the fourth would go is a deep well, which works like a built-in slow cooker. “I’ll do tamales or beans in there,” Elsa said. “I can put them in before I go to bed and cook them overnight or start cooking them before I go to work in the morning.” There’s also a broiler and griddle. The oven has a retained-heat cooking option that the Moushegians rave about.

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SEE VINTAGE, PAGE 2F

HOME DECOR ON THE CHEAP Van and Elsa Moushegian show off their 1950s-era Chambers stove at their home in Dallas. MCCLATCHY-TRIBUNE PHOTO

Fannie Mae clarifies credit report rules WASHINGTON — Despite earlier reports to the contrary, it turns out that your mortgage lender will not have to pull a second full credit report on you hours before closing on your home purchase or refinancing. In a clarification of a policy announced earlier this year, mortgage giant Fannie Mae now says that applicants will need to come clean about any debts they’ve incurred since they submitted their mortgage application — or debts they never disclosed during the application. But a formal pre-closing credit report will not be mandatory to confirm their creditworthiness. Instead, loan officers can use other techniques to verify that you haven’t financed a new car, taken

Kenneth Harney THE NATION’S HOUSING

out a personal loan or even applied for new credit in any amount that might make it more difficult for you to afford your monthly mortgage payments. Among the techniques Fannie expects lenders to use on all applicants: commercial or in-house frauddetection systems that have the capability of tracking applicants’ credit files from the day their loan request is approved to the moment of closing. Why the sudden concern about new debts in-

A plant treatment called Vacation helps your plants survive without watering while you’re away. The product, from Natural Industries, is an anti-transpirant that causes plants to go dormant temporarily. Water your indoor or outdoor plants with a solution of Vacation and water before you leave, and the plants can survive up to two weeks without water. Plants in bloom should even stay that way, the company says. Rainfall or watering will eliminate the effects of the product immediately. The product is made from a plant extract and is safe for people and pets. It’s available from online retailers. Information about the product is at www.naturalindustries.com.

curred after mortgage applications? It’s mainly because Fannie and others have picked up on a key type of consumer behavior pattern that has helped trigger big losses for the mortgage industry in recent years: Some buyers and refinancers hold off on creating new credit accounts until they’ve cleared strict underwriting tests on the debt-to-income ratios and been approved for a loan. Then they splurge. Additional debt loads can run into the tens of thousands of dollars, executives in the mortgage and credit industries say. Had those new accounts been present on their credit files at application, borrowers might have been turned down for the mortgage, or required to

make a larger down payment or pay a higher interest rate. Fannie’s new policy puts the burden of detecting these debts squarely on lenders’ or loan officers’ shoulders. Whether they pull additional credit reports — still an option allowed under the revised policy — or use some form of monitoring service, lenders must guarantee that the debt loads stated in any mortgage package submitted for purchase by Fannie Mae are scrupulously accurate as of the moment of final closing. If not, the lender likely will be forced to endure the most painful form of punishment in the financial industry: a forced “buyback” of the entire mortgage from Fannie Mae. What does this mean for

you if you’re planning to finance a home purchase or refinance your existing mortgage into one with a lower interest rate? Tops on the list: Be aware that sophisticated new credit surveillance systems are being placed into operation in the mortgage industry. Next, try not to inquire about, shop for or take on new credit obligations during the so-called quiet period between your application and the scheduled closing. If you seriously want that new loan, keep your credit picture simple — no significant changes, no additions — until you settle on the mortgage. E-mail Ken Harney at kenharney@earthlink.net. WASHINGTON POST WRITERS GROUP

Who doesn’t love a cheap decorating idea — or a few hundred of them? Better Homes and Gardens supplies the inspiration for penny-pinching decor face-lifts in “501 Decorating Ideas Under $100.” The book is stuffed with creative projects, clever reuses and other suggestions for creating a signature style on a budget. You’ll find ideas for dressing up tired furniture, creating eye-catching artwork, reusing fleamarket finds and otherwise putting a fresh spin on your stuff. The book sells for $19.99 and comes with a oneyear subscription to the magazine. MCCLATCHY-TRIBUNE INFORMATION SERVICES

INDEX Martin Permits

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REAL ESTATE

SATURDAY, SEPTEMBER 4, 2010

THE OKLAHOMAN | NEWSOK.COM

Count of underwater mortgages falls BY THE ASSOCIATED PRESS

LOS ANGELES — Foreclosures are helping to thin the ranks of U.S. homes with mortgages that exceed what the properties are worth, new data shows. Real estate data provider CoreLogic said there were 11 million homes with so-called underwater mortgages at the end of June. That’s down from 11.2 million at the end of March and represents the second consecutive quarterly decline. The number of underwater mortgages typically rises when home prices are falling. The majority of the underwater mortgages are concentrated in five

states: Nevada, Arizona, Florida, Michigan and California, CoreLogic said. Among those, Nevada had the highest rate at the end of June, with 68 percent of its residential mortgages underwater. In Arizona, half of the home mortgages were underwater. In Florida, it was 46 percent. In Michigan, the rate was 38 percent, while in California it was 33 percent. Foreclosures, rather than rising home prices, accounted primarily for the declines. “They basically were just flushed out of the system,” said Sam Khater, CoreLogic’s senior economist. “There is a small decline and that’s

good news. The bad news is it’s occurring via foreclosures.” The higher the number of homes with underwater mortgages, the greater the probability of more defaults. In all, 23 percent of U.S. homes with mortgages were underwater at the end of June. Another 2.4 percent of homeowners with a mortgage had less than 5 percent equity in their home, making them more likely to end up underwater if home prices drop to a lower level. The total number of underwater mortgages represent roughly $2.9 trillion in mortgage debt, according to the firm.

Old Towne Lofts is south of Second Street on Fretz Avenue in Edmond. PHOTO PROVIDED BY CHAMPION HOMES

More condos offered at Old Towne lofts FROM STAFF REPORTS

EDMOND — Champion Homes has unveiled its second building “with brand-new, hip, affordable and customizable town homes” in the Old Towne Lofts community near downtown Edmond, south of Second Street on Fretz Avenue. The two-story condos start in the $170,000s. “With innovative, untapped floor plans, Champion Homes now delivers everything empty nesters, newlyweds, single business people and college students want: modern living at low prices in the heart of Edmond. Buyers are able to customize their lofts and move in within 45 days,” the company said. Floor plans include roof terraces, customizations in flooring, cabinets and countertops. The community now has a dog park. “We’ve taken suggestions over the years from prospective buyers and turned those into actual options, customizations and amenities moving forward,” owner-developer Steve Frakes said.

Mitchell Kauffman stands beside his 1954 O’Keefe & Merritt stove at his Dallas home.

MCCLATCHY-TRIBUNE PHOTO

Vintage: Old appliances have appeal ›

FROM PAGE 1F

After preheating the oven at a very high heat, such as 500 F, they’ll put a roast or some other type of meat in and keep it on for about 20 minutes before turning it off. The meat stays in the oven and the door stays shut for several hours. “Steam comes out when you open the oven,” Van said. “Because it’s so wellinsulated, it all comes out steaming and supertender.” Up and running: “The real beauty of the stove is the way that it’s so easy to clean — it all comes apart so easy,” Van said. Sticking with vintage: “The first time I saw it, I thought it was just decoration. I didn’t realize it would still work,” Elsa said. Once she started cooking on it, it was love. “It cooks better, and I’m happier with this stove than I was my previous modern one.”

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Pretty in pink 1956 or ’57 General Electric refrigerator and oven. The proud owners: Lee and Melissa Higginbotham of northwest Dallas. Its colorful past: Lee Higginbotham inherited the pink appliances when he bought the 1957 house from a friend’s grandmother in the ’80s. It was a model home when the neighborhood was first developed. The pink sets the tone of the entire kitchen; Melissa’s mother, an artist, painted the cabinets to complement the pastel appliances. Bells and whistles: “It was the latest and greatest that 1957 had to offer,” Lee Higginbotham said. The refrigerator features a foot pedal beneath the door that opens the door for cooks who have their hands full. The pastel appliance, complete with turquoise lining, has a copper lazy Susan for shelves, and the shelf height is adjustable. Up and running: Though the oven is 30 to 50 degrees off and its clock no longer works, the Higginbothams have learned to adjust. The fridge, which Lee’s partial to, has required only normal maintenance, he said.

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Bells and whistles: The maker of the vintage vacuum, Electrolux, keeps up with the Kauffmans and calls to schedule regular in-home tune-ups and to sell replacement bags. The Electrolux folks have replaced the vacuum’s retractable cord. The stove, with a couple of storage drawers, electrical outlets and a lamp on the high back, also features a griddle. There’s also a “grillevator,” which lets you adjust how close you want your broiler pan to the flame. Under each burner is a crumb tray that slides out from the front for easy cleanup. Up and running: “The inner workings of a stove haven’t changed much in the last 50 years,” Mitchell said. Anything that has gone wrong with the stove has been easy to fix, he said. Sticking with vintage: Vintage goes with the look of the Kauffmans’ bungalow, and while there have been plenty of updates, they like the way their vintage appliances fit in. “At the end of the day, you’re just cooking over a flame,” said Mitchell, a restaurateur. “There’s not much difference cooking over a flame coming out of a Viking versus a flame coming out of my O’Keefe & Merritt.”

A view of the copper lazy Susan can be seen inside Lee and Melissa Higginbotham’s vintage 1956-57 GE refrigerator. MCCLATCHY-TRIBUNE PHOTO

That includes defrosting it every so often and cleaning the back coils. Sticking with vintage: Lee said he’ll cry the day the fridge no longer works. He keeps an even older fridge, which isn’t running, in case he needs to mine it for parts for his beloved pink GE. The Higginbothams have a thing for vintage, but only in the kitchen. “We had no problem replacing our pink bathroom,” Melissa said. They have a few other pink-and-copper vintage accessories for the kitchen, including the canister set that came with the house, a cake carrier and an ice crusher.

History in the bag 1950s-era Electrolux pull canister vacuum and 1954 O’Keefe & Merritt stove. The proud owners: Mitchell and Kristen Kauffman of Lakewood, Texas. Its colorful past: The 500 series stove, which is white with yellow knobs and handles, was in the

1920s East Dallas bungalow when the Kauffmans moved in 15 years ago. The vacuum’s been in the family since Kristen’s grandmother owned it.

MCCLATCHY-TRIBUNE INFORMATION SERVICES


REAL ESTATE

THE OKLAHOMAN | NEWSOK.COM

SATURDAY, SEPTEMBER 4, 2010

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Selling the empty nest can be liberating Are you a midlife woman with college-age children who’s recently become divorced or widowed? Would you like to reinvent your life but are confused about how the family home fits in with your plans? If so, you have lots of company in your conundrum, including many single women also living alone in the homes where they raised their kids, said Connie Cusick, a life coach who counts many such women among her clients. For women whose lives have been centered on their children for many years, keeping the big family house gives them a sense of preserving the past.

Ellen James Martin SMART MOVES After selling the family home, she said, many women of middle age feel liberated to explore interests that have been dormant for years. “Downsizing can empower people to change their lives in affirmative ways. They realize that it’s much better to have a big life than a big house,” Cusick said. Mark Nash, a real estate broker and author of “1001

Tips for Buying and Selling a Home,” said that while selling the family home is the best choice for many single women who’ve become empty nesters, it’s not the right plan for all. Here are a few pointers for women with grown children who are trying to chart their housing plans: Tackle the money issues around your decision first. Given the continuing twists and turns of the economy, many households have suffered an income decline or, worse, a job loss. Moreover, many have lost home equity, which complicates any plans for refinancing or selling their property.

Because there are now so many obstacles facing those making financial decisions, Nash suggests they consult a trusted financial planner or tax accountant before moving forward. Before you visit your adviser’s office, Nash encourages you to spend time with your checkbook and credit card statements to determine exactly how much your house is costing you. Chart your housing moves in context with a holistic “life plan.” Frequently, people see their real estate choices in isolation from the larger issues of their lives, said Michael Knight, a financial planner affiliated with the

Garrett Planning Network (www.garrettplanningnetwork.com). But he says all major financial decisions should be made with your lifestyle preferences in mind. To be sure, many newly single women who own a family home have no choice but to sell, perhaps due to a divorce decree or simply to maintain their standard of living. But others aren’t compelled to downsize due to financial imperatives. Ease into your plan of action rather than rushing forward. Nash, like many veterans of the real estate business, knows it can be a mistake to hurry into a

home sale soon after a lifechanging event, such as the death of a spouse or a marital breakup. For many women, this can be an especially traumatic period if it occurs around the time their children are leaving for college or other endeavors. That’s why he advises those going through a major life transition to wait at least one year before deciding whether to hold or sell their place. “If time allows, postpone any big housing moves until the dust has settled on your life,” Nash said. E-mail Ellen James Martin at ellenjamesmartin@gmail.com. UNIVERSAL UCLICK

Modifications can put owners through wringer BY REBECCA L. MCCLAY MarketWatch

SAN FRANCISCO — When Karol Enferadi finally received a contract for her home-loan modification, she wrote “rejected” on it in large letters and mailed it back to Wells Fargo. Under the contract, the 65-year-old’s monthly payments would have been reduced for several years, but then eventually her payments would have jumped higher than her current monthly payment — and she didn’t foresee her income increasing accordingly. “I was in total shock and total disbelief about what this contract was all about,” Enferadi said. “Where do they miraculously think I’m going to get this huge increase in income between age 65 and 70?” Many homeowners say they have been struggling with getting their loan modified through the federal government’s Home Affordable Modification Program since it began in April 2009. Nearly half of applicants have dropped out of the program since it began in March 2009, the Treasury Department said. Banks have been swamped with an influx of applications and have been struggling to adapt to new federal standards, said Joe Ohayon, senior vice president of community relations for Wells Fargo Home Mortgage. “It really transformed how home-loan servicers review applications,” Ohayon said. “It was not such a simple change for the mortgage industry. Just the volume of cus-

tomers in distress was something the industry had to adjust to. I think that led to some issues.” Banks like Wells Fargo have responded by ramping up staffing to accommodate the volume of applications and adapting new technology to minimize multiple requests for documents. And in response to complaints from customers who said they were getting bounced between departments, Wells Fargo also started a oneon-one program in which one agent is assigned to a case so homeowners have one point of contact. Ohayon said the industry is continuing to adapt to HAMP standards and homeowners seeking a loan modification should be persistent and patient, and should not hesitate to contact their servicer. In June, about 166,000 homeowners were still in limbo after having waited six or more months in a trial period that was de-

signed to last three months, according to the federal data. Mortgage holders such as Enferadi have learned hard lessons in the process and have advice and warnings to those just starting their application. MarketWatch worked with ProPublica, a nonprofit news organization, to find homeowners participating in HAMP, including Enfe-

radi. These homeowners said the process of modifying a

loan is often time-consuming and frustrating, but staying organized and

persistent can help. MCCLATCHY-TRIBUNE INFORMATION SERVICES


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SATURDAY, SEPTEMBER 4, 2010

THE OKLAHOMAN

NEWSOK.COM


THE OKLAHOMAN | NEWSOK.COM

Permits Oklahoma City Smith & Pickel, 606 SE 6, office, erect, $4,000,000. Christopher Lee & Co., 3620 NW 174, residence, erect, $800,000. Hughes (Tim) Custom Homes, 7401 NE 116, residence, erect, $554,900. J. Mark Gray Homes Inc., 3421 NW 166 Court, residence, erect, $418,000. Johnny Y. Construction, 17713 Prairie Sky Way, residence, erect, $400,000. Shawn Brooks, 13617 Portofino Strada, residence, erect, $375,000. The Legacy Group Inc., 8608 NW 69 Circle, residence, erect, $305,000. Lachance Quality Homes LLC, 21355 SE 99, residence, erect, $300,000. W.R. Moore Brokerage Inc., 12600 Lapis Lane, residence, erect, $298,500. Milestone Fine Homes LLC, 9532 Tatum Lane, residence, erect, $296,000. Hybrid Design Build, 7820 Dripping Springs Lane, residence, erect, $270,000. Rick Crosby, 15201 SE 41, residence, erect, $260,000. G.L. Cobbs & Co. LLC, 5812 NW 116, residence, erect, $250,000. Suburban Homes LLC, 9024 NW 148 Place, residence, erect, $250,000. Jason Powers Homes, 8601 NW 113 Court, residence, erect, $230,000. Cash America Pawn, 4216 SE 44, retail sales, remodel, $220,000. The Legacy Group Inc., 7328 Stinchcomb Drive, residence, erect, $185,000. Harold L. Byfield, 8608 NW 155 Place, residence, erect, $185,000. Beacon Homes LLC, 19208 Blossom Court, residence, erect, $181,000. Gary Owens Carpet & Construction Inc., 1909 Wheatfield Ave., residence, erect, $180,000. R&R Homes LLC, 10721 SW 33 Terrace, residence, erect, $180,000. R&R Homes LLC, 10713 SW 33 Terrace, residence, erect, $179,500. League Custom Homes LLC, 604 Celtic Circle, residence, erect, $170,000. SWM & Sons Inc., 6409 S Triple X Road, residence, erect, $154,350. HLH Construction LLC, 4922 NW 23, shell building, add-on, $150,000.

J. Hill Homes Inc., 10912 SW 31, residence, erect, $150,000. Zach Hicks, 9001 S Pennsylvania Ave., restaurant, remodel, $150,000. J. Hill Homes Inc., 3112 Canton Trail, residence, erect, $145,000. J. Hill Homes Inc., 10916 SW 31, residence, erect, $145,000. Justice Homes Inc., 19116 Green Springs Drive, residence, erect, $142,000. DTM Custom Homes LLC, 15709 Colonia Bella Drive, residence, erect, $140,000. C-Jay Management/ BDC Construction Inc., 2720 Wyatt Way, residence, erect, $138,000. Neal McGee Homes Inc., 1007 Clover Lane, residence, erect, $137,085. Cameron Surface Systems, 7500 SW 29, manufacturing, add-on, $137,000. C-Jay Management/ BDC Construction Inc., 2801 Busheywood Drive, residence, erect, $123,000. Home Creations, 11609 SW 10, residence, erect, $100,700. Berryman Enterprises Inc., 10900 Hefner Pointe Drive, bank, remodel, $100,000. Richey/Zink & Associates, 14201 Caliber Drive, office, remodel, $96,000. Home Creations, 1613 NW 127, residence, erect, $94,800. Dodson Custom Homes LLC, 2413 NW 194 Terrace, residence, erect, $94,000. Home Creations, 12513 Edison Drive, residence, erect, $93,800. Home Creations, 1617 NW 127, residence, erect, $91,000. Home Creations, 11236 NW 100, residence, erect, $90,500. Home Creations, 19800

REAL ESTATE Adagio Lane, residence, erect, $89,400. G.H. & Associates Inc., 316 NW 18, residence, remodel, $85,000. James H. Rasure, 2908 NW 71, residence, fire restoration, $80,201. Home Creations, 913 Denmark, residence, erect, $77,500. Susan Cooper, 8822 N McKinley Ave., residence, erect, $75,000. Dodson Custom Homes LLC, 10801 N Interstate 35 Service Road, office, remodel, $73,500. S&R Construction, 9529 SW 35 Terrace, residence, add-on, $60,000. The Home Connection, 9532 NW 13 Place, manufactured home, move-on, $56,000. Morton Buildings Inc., 7611 SW 74, barn, erect, $50,000. Benchmark Homes of Central OK LLC, 904 NE 21, residence, remodel, $45,000. Mustard Seed Construction, 3017 Fairfield Ave., residence, add-on, $45,000. A.T. Roofing and Construction, 7209 Plains Ave., accessory, erect, $40,000. Cardinal Engineering, 5701 SE 74, parking, install, $40,000. Merrel Austin Willard, 5917 Hilltop Drive, residence, add-on, $40,000. Johnny Carroll, 2900 Manor Road, accessory, erect, $36,000. Frei Contractor Corp., 3909 Dunjee Blvd., apartment, fire restoration, $35,700. Dodson Custom Homes LLC, 10801 N Interstate 35 Service Road, office, remodel, $31,500. RV Park Management, 720 S Rockwell Ave., RV park, install, $30,000. No name given, 35 Harrison Ave., office, remodel, $28,000. ATC, 13316 N Blackwelder Ave., tower-antenna, install, $25,000.

ATC, 2609 N May Ave., tower-antenna, install, $25,000. Hong Chen, 6812 Northwest Expressway, restaurant, remodel, $25,000. Allen Porter, 5101 Gaillardia Corporate Place, shell building, remodel, $25,000. Lisa Michelle Kennedy, 1201 NW 178, business, remodel, $22,000. Morton Buildings Inc., 801 Cameron Drive, storage, erect, $21,000. Toraas Olguin, 12115 N Interstate 35 Service Road, manufactured home, move-on-mobile home park, $15,900. Jeff Struble, 1618 N Gatewood Ave., supplement, remodel, $15,000. Princeton Homes, 2525 NW 50, residence, add-on, $12,000. Flintco Inc., 301 W Reno Ave., temporary building, move-on, $10,000. Flintco Inc., 301 W Reno Ave., temporary building, move-on, $10,000. Flintco Inc., 301 W Reno Ave., temporary building, move-on, $10,000. Helen E. Mboh, 1924 N Portland Ave., medical clinic-office, remodel, $10,000.

SATURDAY, SEPTEMBER 4, 2010 Casar Aguilora, 1035 SW 59, business, remodel, $8,000. Lake Forest, 9009 NW 10, manufactured home, move-on-mobile home park, $5,000. Roberts (Corbyn) Homes Inc., 2625 W Country Club Drive, residence, add-on, $5,000. Sine Construction LLP, 2104 NW 62, residence, add-on, $5,000. Herman Sanders, 1511 NW 15, residence, remodel, $5,000. Luis Marquez, 340 SE 46, residence, add-on, $5,000. Harold Byfield, 8608 NW 155 Place, storage, erect, $5,000. No name given, 1609 SW 82, accessory, add-on, $4,500. Brock Kaveny, 614 Town View Drive, manufactured home, move-on-mobile home park, $4,000. Caleb Breer, 14929 SE 143, manufactured home, move-on, $3,600. Ravon Gooden, 11204 Bel Air Place, canopy-carport, add-on, $3,500. Cory Newcomb, 10616 Timber Oak Drive, storm shelter, install-storm shelter, $3,000.

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James and Sonia Perinovic, 7300 S Indian Meridian, storage, remodel, $3,000. Home Depot, 5221 N Walker Ave., storage, erect, $2,500. Scott Gray, 7120 NW 63, airplane hangar, remodel, $2,500. Clyde J. Davis, 8815 N Western Ave., automotive repair-wash, remodel, $2,500. Home Creations, 7004 NW 157, temporary building, move-on, $2,000. Ron Cleveland, 2105 NW 56 Terrace, storage, erect, $1,600. Eagle Carports, 3208 SW 123, canopy-carport, erect, $1,440. TSDA Inc., 2501 W Memorial Road, retail sales, remodel, $1,000.

Demolitions Midwest Wrecking, 2708 Elmhurst Ave., residence. Midwest Wrecking, 1326 NE 15, residence. Kendall Concrete, 1424 NE 13, house. PRC Services, 2117 NE 27, residence. Maria Palacios, 320 SW 23, residence.


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REAL ESTATE

Foreclosures drop, but new delinquencies rise BY AMY HOAK MarketWatch

CHICAGO — The percentage of homes somewhere in the foreclosure process fell in the second quarter, the first drop since 2006 and the largest quarter-toquarter drop since 2005, the Mortgage Bankers Association said. Still, the Washingtonbased group’s quarterly delinquency report showed that short-term delinquencies are on the rise — a foreboding number that could signal more foreclosures in the future. The percentage of mortgage loans somewhere in the foreclosure process was 4.57 percent in the second quarter, down from 4.63 percent in the first quarter. The latest percentage is still up from a 4.3-percent rate a year ago. However, the proportion of home loans one payment behind is 3.51 percent, said Jay Brinkmann, the bankers association’s chief economist. This percentage peaked in the first quarter of 2009 at 3.77 percent, before falling to 3.31 percent by the end of 2009. Brinkmann cited two reasons why some mortgage holders are falling behind: “First, 30-day delinquencies are very closely tied to first-time claims for unemployment insurance.

Myra Shirley

Associate joins EXIT Strategies Myra Shirley has joined EXIT Strategies Realty, 3925 E Memorial Road, as a residential real estate sales associate, owners Jim Lee and Janet Holt said. She has six years of experience in real estate. Previously, she worked in restaurant management.

The number of first-time claims fell through most of 2009 but leveled off in 2010 and have started to rise again. This increase in unemployment directly impacts mortgage delinquencies. Second, some percentage of the loans modified over the past several years have become delinquent again because those borrowers, by definition, have weak credit.” It will take a strong recovery in employment for there to be a permanent improvement in delinquencies, he said. While the percentage of 30-day delinquencies is on the rise, the percentage of mortgages 90 days or more past due has fallen, Brinkmann said. The so-called serious delinquency rate — or mortgages that are 90 days or more past due or in the process of foreclosure — was 9.11 percent in the second quarter, down from

9.54 percent in the first quarter. “Working through longterm problems is good news,” he said in a phone interview. “That being said, the hurdle for good news is pretty low these days.” There are at a couple of possible reasons why foreclosures fell in the second quarter. For one, a tax credit acted as an incentive for many buyers during that time — allowing more people to buy homes from distressed homeowners who needed to sell to avoid foreclosure, Brinkmann said. He also noted the increase in short sales; in a short sale, the homeowner sells the home for less than the amount of the mortgage balance with the permission of the lender, in an attempt to avoid a foreclosure. MCCLATCHY-TRIBUNE INFORMATION SERVICES

THE OKLAHOMAN | NEWSOK.COM

LISTING OF THE WEEK

The Listing of the Week is at 15750 N Western Ave.

PHOTO PROVIDED

Spaciousness is a key feature for this traditional home in OKC The Listing of the Week is a traditional house on 2.2 wooded acres with a lighted tennis court in a secluded area off N Western Avenue. The 2,239-square-foot home has three bedrooms (but could have four), three baths, two living rooms, one dining area and an attached two-car garage. An outbuilding has electricity

and plumbing. The home has new low-E vinyl windows, a new roof, high-efficiency heating and cooling, solid doors, marble flooring and fresh paint. The kitchen has a work island, eating space and a bay window. The house has an open deck and underground sprinkler system. Open house is from 1 to 5

p.m. Sunday. From Western and NW 150, go north to NW 157, then east to the house, which is on the left. For more information, call Ryan Hukill of Platinum Partners of Paradigm AdvantEdge at 802-4663. Nominations for Listing of the Week are welcome. Send information on single-family homes to The Oklahoman, Richard Mize, P.O. Box 25125, Oklahoma City, OK 73125. Nominations may be faxed to 475-3996.


THE OKLAHOMAN | NEWSOK.COM

REAL ESTATE

HOUSE PLAN

Granbury offers spaciousness Vaulted ceilings in the ranch-style Granbury create a relaxing sense of spaciousness in a home with slightly more than 1,800 square feet of floor space. Slender wooden posts support the inviting front porch, and painted shutters accent the multipane windows. Taken together, they evoke memories of beloved homes from the not-so-distant past. Inside, light washes into the vaulted entry through a sidelight and transom. The wide, arched opening on the left leads into a room that could be furnished as a den, parlor, library, or even a home office. The window bay that expands it toward the front lets in plenty of light, while a pocket door on the opposite wall links this space directly to the kitchen. The entry ceiling slopes up from the front, then sweeps gently down into a vaulted great room with a wide window at the rear. A gas fireplace nestles into a corner opposite the windowed wall. Only floor covering marks the transition between the great room and vaulted dining room. Windowed on two sides, the dining room is a naturally bright area. Sliding glass doors open onto a patio that could be screened and covered, if desired. A peninsular eating bar bounds a kitchen that’s almost fully open to the dining room. It’s an efficiency kitchen, with the sink, stove and refrigerator set in a tight, step-saving triangle. Counters wrap around parts of four sides, and a roomy pantry fills one corner.

A skylight brightens the private bathroom in the Granbury’s vaulted owners’ suite. Other features include a walk-in closet, dual vanity, an enclosed toilet and a large shower.

For a review plan, including scaled floor plans, elevations, section and artist’s conception, send $25 to Associated Designs, 1100 Jacobs Drive, Eugene, OR, 97402. Please specify

the Granbury 30-662 and include a return address when ordering. A catalog featuring more than 550 home plans is available for $15. For more information, call (800) 634-0123.

SATURDAY, SEPTEMBER 4, 2010

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REAL ESTATE

SATURDAY, SEPTEMBER 4, 2010

THE OKLAHOMAN | NEWSOK.COM

Regal Duke Chapel celebrates 75 years When traveling or visiting friends and family, I like to tour buildings and view architectural landmarks that I can incorporate into my columns. Recently, I have been spending a lot of time in North Carolina and I wanted to share a special building that is celebrating 75 years of serving the student body and the Durham community. On the campuses of Duke University you’ll find an architecturally diverse array of structures, from Georgian, Modern to Gothic Revival. But one building that stands out and rises above the rest is the Duke Chapel. Located on West campus, this sanctuary is an exquisite example of neoGothic architecture in the English style, characterized by ribbed vaults, large stone piers, flying buttresses, expansive ceilings with minimal columns and grand pointed arches. The chapel was built by James B. Duke who made his fortune in tobacco and electric energy. He hired the Philadelphia firm of Horace Trumbauer to build this Gothic structure which was

Mi-Ling Stone Poole ASK MI-LING completed in 1935 to serve the student population and the community of Durham. Duke archives reveal that Trumbauer’s chief architect, Julian Abele, thought to be America’s first premier black architect, designed the chapel and the original architectural drawings for the Duke campuses. Abele was the first black architect to graduate from the University of Pennsylvania; he also trained in Paris. Among his other notable designs were Harvard’s Widener Library, the Philadelphia Museum of Art, and mansions for James B. Duke and other wealthy clients. The cost of the construction in 1935

was nearly $3 million. The materials used to build the exterior of the chapel included volcanic stones, known as blue stone, from a Hillsborough, N.C., quarry and limestone from Indiana. The interior features Guastavino tile. Reportedly, many of the stone masons and other workers were Italian immigrants. Highlights of this grand structure include a 210-foot-high bell tower, a memorial chapel, a crypt and three pipe organs. The main chapel seats 1,500. The grand scale of the chapel, the location and the incorporation of stone and wood carvings, sculptures and a breathtaking rib-vaulted ceiling and beautiful stained glass windows, make it a favorite for weddings and a must-see when traveling through Durham. For more information about the Duke Chapel, go to www.chapel.duke.edu. Now go out and create your own unique comfort zone! Mi-Ling Stone Poole is the author of “Ask Mi-Ling! When You Want the Truth About Decorating.” If you have a decorating Dilemma, contact her through her website, www.Mi-Ling.com.

Duke Chapel at Duke University, is in Durham, N.C. PHOTO BY MI-LING STONE POOLE


REAL ESTATE

THE OKLAHOMAN | NEWSOK.COM

SATURDAY, SEPTEMBER 4, 2010

9F

Professional investors revitalize flipping BY WALTER HAMILTON AND ALEJANDRO LAZO Los Angeles Times

Hoping there are big profits to be made in the aftermath of the housing collapse, professional investors in California are flocking to the business of buying foreclosed homes at distressed prices. The investors, primarily private equity funds and groups of wealthy individuals, purchase the homes at public auctions, which are held daily on the steps of local courthouses. They refurbish the properties and try to sell them for quick profits. Not long ago, the typical home flipper was an amateur tapping a home equity line or savings for an investment property. But professionals have rushed in, partly because of sparse investment opportunities elsewhere. “In crisis there’s opportunity,” said Rick Hudson, president of investment firm Prosperity Group Real Estate in Irvine, Calif. “Right now, there’s huge opportunity with flipping houses.” Closely watched gauges of professional buying

Above: Bruce Norris, president of Norris Group and a real estate investor, is shown in front of a house in Moreno Valley, Calif., that he is interested in buying through a trustee sale. MCCLATCHY-TRIBUNE PHOTO Buyers, armed with mobile phones, laptops and chairs with umbrellas, gather on the steps of Riverside Historic Courthouse in Riverside, Calif., to bid on properties for trustee sales. MCCLATCHY-TRIBUNE PHOTO

have surged over the past two years. The number of homes sold at foreclosure auctions in California increased to 4,336 in April, from 884 in January 2009, according to research firm ForeclosureRadar. It eased back to 3,483 in July as banks offered fewer properties for sale. The auctions are dominated by professional investors who shop with cash — although not usually with actual

Farms, Ranches For Sale, Okla. 308

AUCTION

10AM, 9/18: The Ventress Ranch, Lexington, OK. 376+ Acres, 4000 SF Executive Home, Pool, 3000 SF Deck & Cabana, 36x72 Shop, Pasture, Meadows, Woods! No Minimums - No Reserves! Adjoins Wildlife Refuge! Viewings Sept 4, 5, 6, 11 & 12, 10AM 5PM. JB Robison Auctioneers 918-256-5524 JBRauctions.com

Acreage For Sale

302

ACREAGE HOME SITES 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 2.5-10 ac Bridgecreek Schools Call Mike 317.0582 landmarkfinehomes.com Visit one of our fully furnished model homes today! *We build on your lot or ours* FSBO: 4008 acres in western Oklahoma in both Beckham & Greer Counties. Approx. 10 mi SW of Sayre, OK. Hay stack Creek and other creeks run through the property. Big trees, good hunting, good cow operation, corrals, ponds. $695 per acre. 806-248-7224 or 806-676-6503 or night 806-354-0253 Sod Farm 137 acres between OKC and Yukon. Rock home 3bd, 3000sf, total elec irrigation well w/1/2 mi. 4" plastic pipe. Barns w/13,500 sf coverage w/12,000 sf cemented floors, and 50% oil royalties $800,000. 405-463-0127 PIEDMONT OPEN SAT 2-4 & SUN 2-5. Model home. New hms on 1/2 ac lots. Info also available for new hms in other additions. From NW Expwy & Sara Rd go 4.5 mi N Cleaton & Assoc 373-2494

SPORTSMAN PARADISE Beautiful 335 ac/24 ac Lake. Great fishing and hunting. Call Linda 405-788-9052 or Nelmon 405-370-0394. C21 Bob Crothers Realty 1N to 10A, E. of OKC, pay out dn. before 1st pmt. starts, many are M/H ready over 400 choices, lg trees, some with ponds, TERMS Milburn o/a 275-1695 paulmilburnacreages.com NEW DALLAS STYLE HOME Lovely 3 bd 2 ba w/open flr plan. Fenced yd w/sod $139,900. Richard 313-1726 Cleaton & Assoc 373-2494

5 acres Tuttle Schools, paved roads to driveway. $40,000, 405-706-1124 BUILDING SITES PIEDMONT 3/4 and 1 Acre Lots, Close In-Good Streets Leon 373-4820 Overland Ex Realty 1-28 acres » All Areas Owner Financing Woodlake Properties 405-273-5777 www.property4sale.com 18079 199 Renov Big home 11850 Lakewood Big home 6A land Mustang 417-2176 www.homesofokcinc.com 3/2/2 on 2K ac, 26x32 shop, 424 Sherwood Ln, Edm $165,500 436-3055 30 Acres MOL Jones area. Call 405-771-5716 1 ac home building lots 30x40 bkyd shops ok Pdmt schl, util. 205-2720

Condominiums, Townhouses For Sale 304 Extra sharp 2bd 1.5ba 2-car, ch/a, new roof & siding, only $59,900 Fidelity 692-1661 3200 W Britton Rd. gated, downstairs 2bd, 2ba, $89,900. 659-1079

RE for sale Del City

313

4005 Corbett • 473-3247 www.homesofokcinc.com

Edmond

314

OKC Northwest

FORECLOSURES 172, 1-4 bdrm homes in NW OKC start @ $14,900 Patrick@Allied 740-6616 Open House 2-5. 6721 Green Meadow Lane (63rd & Council). 3/2.5/3 + ofc, 2298 sf, pool OWNER FINANCING $2000 down No Credit Ck 2133 Cashion 2/1 $58,000 596-4599 •• 410-8840 OWNER CARRY, 3 bd, 1 ba, 1 car, ch&a, remodeled, $4K down, 1157 NW 81st, 348-2108. 2506 NW 20 & 4621 NW 33 Terr. Two big 503-5057 www.homesofokcinc.com 1449 NW 99 » 417-2176 www.homesofokcinc.com

OKC FORECLOSURES Southeast 71, 1-4 bdrm homes in Edmond start @ $46,000 Patrick @Allied 740-6616

4/2/3 $185,000, 2048 sf Storm shelter, sprinklers (405)476.8207 Photos at owners.com/DAD0343. Beautiful Edmond home! 3 bed, 2 ba, 1282 sqft $141,900 405-408-3758

MWC

317

OWNER FINANCING $2000 down. no credit ck 522 E Douglas Dr $49K 596-4599 »» 410-8840

Moore

318

Partially Completed Home For Sale. 2409 SE 12th St. Moore, Ok, $135,000 580-255-1810 3bd brk, 1.5 b, ch&a, 2car gar/opr. Fenced, new carpet, paint, range & ctr tops $87,500. 364-0356 EXECUTIVE HOME Gated community Owner Financing 405-641-0124 Cheaper than Rent! 3bd, 1ba, 1car remodeled $80,000 C-21 833-9000

Mustang

319

Financing Avail $139,900 4/2K /2, Canadian Estates Addn. 2000+ sf, fp, fncd yard. 627 Edgewood Terr 562-0000. Others buyahouseinoklahoma.com Updated 3/2.5/2 1720sf, .42acres, 24x30 shop w/elec $115K Arlene 414-8753

Norman

322

7 Norman Duplexes. Cap rate 12%. Close to OU. $75K as is. E. Arkansas St. 405-306-2247 2 bd, 2 ba, 2 car Garden Home in Gated secure community. $134,500 405-788-4209

OKC Northeast

323

Family Home

AUCTION

$5,000 Opening Bid Tues. Sept. 21st 6:30 pm 725 Musgrave Blvd. OKC Open Houses: Sept. 12th & 19th 20bid30.com 918/639-7653 Bid Loud Auctions Keller Williams Realty 12205 Woodland Hills, 2 bed, 2 bath, Oakdale Schools, ThisEra Realty, »»» 596-6525 »»» 9620 NE 46 » 417-2176 www.homesofokcinc.com

OKC Northwest

324

Sharp Spacious 4bed 2-story home, great area, large dry basement (can double for storm cellar), new carpet, fresh paint ch/a Seller will pay all of buyer's closing costs $99,750. Fidelity RE 692-1661, 417-1963 SPACIOUS 1/2 duplex in great location well maintained 2/2/2 approx 1508' only $99,900 Carmen 833-0106 Cleaton & Assoc 373-2494 Bethany-Financing Avail $74,900 3bd 1ba 1 car, ch/a, fncd yd, 2317 N Hammond or rent for $650. 562-0000. Others buyahouseinoklahoma.com

324

325

New & Remodeled Home 1340 SE 41st. 3bed, 1ba, 59,500 Michael 245-4008 Open House 1-5. 8705 Jade Way, 1400sf, 3/2/2. 405-740-4775

OKC Southwest

326

Open House 2-4. 9005 Southlake, S of SW 89. 3/2/3 Faye 405-409-2727 OPEN SUN 2-4 100 SW 65 3bed 2b 2car Crossland Rty 631-3265

Piedmont

327

New Home on Large Lot 14205 Locust In Northwood Lake Estates with brand new Elementary School nearby. Granite and stainless steel appl. in Kitchen. 4bed, 2.5ba, 3 Car Garage, 2364 sq ft 1.1 ac., $229,000 Mike Eskew - 317-7212 5215 HART DR NE 5Ac 5Bd, 3K Ba, 2 Liv, 1 Din, 2 Car, New Roof & Gutters. Lots of Updates Pipe & Cable Fence $375K Leon 373-4820 Overland Ex Realty, Inc PRICE SLASHED! Great fam hm on 5 ac MOL approx 2485' 4 bd 3 ba + Florida rm 30 x 40 wkshp & stables $259,900. Carmen 833-0106 Cleaton & Assoc. 373-2494 GREAT COUNTRY HOME 2504 Mustang Rd NE 4BD, 3K Ba, Game Rm & Pool 2-30x50 Shops on 7+ AC. Trees and Pond $392K Leon 373-4820 Overland Exp Realty BEAUTIFUL hm on 2.5 ac MOL approx 2392' 3bd 2.5 ba+office+gamerm 30 x 40 wkshp w/elec & conc flrs. $259,900 Carmen 833-0106 Cleaton & Assoc 373-2494 IMMACULATE 3bd 2ba in-law plan. Beautiful cabinet work, good size liv room $139,900 Richard 313-1726 Cleaton & Assoc 373-2494

Tuttle/ Newcastle

329

greenbacks, for practical reasons. Another measure, the percentage of all homes sold to absentee buyers, paints a similar picture. In California’s hard-hit Inland Empire, for instance, 30 percent of all homes sold in April went to absentee buyers — up from 19 percent at the end of 2008 and the highest level in at least seven years, according to San Diego research firm MDA DataQuick. It

Open Houses 334.2 NEW DALLAS STYLE HOME Lovely 3 bd 2 ba w/open flr plan. Fenced yd w/sod $139,900. Richard 313-1726 Cleaton & Assoc 373-2494 Mustang Sun 12-4 11549 SW 54th St. $235,000 3bd 2ba on 5Ac 577-2474 PIEDMONT OPEN SAT 2-4 & SUN 2-5. Model home. New hms on 1/2 ac lots. Info also available for new hms in other additions. From NW Expwy & Sara Rd go 4.5 mi N Cleaton & Assoc 373-2494

Lots For Sale 337 LOTS FOR SALE 1 acre and up in the Blanchard area. 405-3872520 or 405-650-9798

Mobile Homes, Manufactured Houses 339 Huge Inventory home sale! Own Land or have Family Land use land to purchase new home! Need Land? Land/Home I-20 acres available. 3, 4, 5 bedrm Manufactured & Modular homes. Turn Key, we do it all! 1000 furniture package with purchase 888-878-2971 405-204-4163 Price Reduced! New 3bd/2ba Mobile Homes already on land located in Shawnee, Prague, Cromwell & Harrah Owner Financing Woodlake Properties 405-273-5777 www.property4sale.com First Time Homebuyer. New & repo homes available. Move to your land or to community. Trade in homes are welcomed. 888-878-2971 405-602-4526 Inventory Clearance 20% discount on Stock Homes. We have every size you need 787-4035 2005 2bed 1bath set up in park $20,000. $4000 down. $228mo. owner finance. 409-3974 Guaranteed Approval Own your own land, YOU'RE APPROVED 787-5004 THCOK.com Deal of a Lifetime 3bd, Vinyl sided, Shingle roof $19,900 FREE del/set 405-470-1330 2 bed, 1 bath 14x70, new crpt, lg. lot, lg. deck, nice park, $9400, 769-4743 DW on Acreage, 4 Bed/ 2Bath, 2350 sq ft, 2 car garage ¡ 405-412-6236 3bd 2ba DW on acreage w/pond. Less than $500 mo, WAC 631-3609 1997 2 bd, 2 ba, 16X80, car port, gas & elec, W. OKC, $24,950, 470-2886. Repo 10 acres 2200 sf, E of City. 301-2454/517-5000 4/2 bath set up with 2.5 acres 405-631-7600 Repos 3x2 starting $19,900 Del. 301-2454/517-5000 3/2 bath set up quiet park Call for details405-631-7600 2200 sf 4x2, Newcastle 301-2454/517-5000

Rural Blanchard - 1920's 2-story, 4 bed, 4 ba, 1.7 ac, barn, $275K 485-3200

Oklahoma Property For Sale 340

Village/ Nichols Hills 329.5

Fort Cobb Lake-Single wide mobile home, 4 bed, 2 bath. Partially furnished, cellar, carport, house type roof, storage building, pecan trees, covered front porch. $38,000. 580-497-6368 or 580-497-6746

Motivated out of state children of recently deceased sole owner of 4bd 1.5ba single family house at 3212 Center St in Village offer the house highly discounted from comparable market values & appraised value. House to be sold as is where is $105,000 firm New roof, new gutters, new appliances, new interior paint & carpet. Ready for immediate occupancy. 405-607-2856 or 610-996-7694 for info &/or appointment.

Yukon

330

4613 STAG HORN DR. Open Sun. 2-4, like new 3 bed, 2 bath, 2 car, in Deer Run. $144,900. RE Connect 842-8819 1000 Edinberg. 4BR/2BA, 2 car, 1460 SF, nice, $109,950. 818-2703

Real Estate Notices

345

DO NOT Call Unless… Foreclosure/Behind Paymt Overleveraged/Repairs Call/Web 800-Sell-Now.com I BUY HOUSES Any condition. No cost to U 495-5100

Real Estate Wanted

346

Heard of a SHORT SALE? SELL YOUR HOUSE TODAY! Foreclosure/behind Pymts 340-9879/HouseKings.com I BUY & SELL HOUSES 27 YRS EXP 650-7667 HOMESOFOKCINC.COM

was at 28.2 percent in July. The binge of professional buying has helped spark a nascent housing recovery in Southern California, an area staggered by the subprime mortgage meltdown, because investors have cut significantly into a glut of foreclosed properties. Home sales in that region rose 7.2 percent in June from May and 2.6 percent from a year earlier, according to MDA Data-

OKC Southwest

Tenkiller: Amazing Lake View! New 3bd 2ba, open plan, loft, F/P, great decks. $287,500 Circle R Properties, 918-776-7700

$201 Total Move-In Cost Energy Eff., $301 move in/1 bd, $401 move in/2 bd. $1 First Week Rent Weekly Avail: Effic $115 1bd $125, 2bd $165 Disability & Social Security recipients welcome 616 SW 59th, between Western&Walker634-4798 Drug free environment Not all bills paid

Commercial Property For Sale Commercial Prop Car Lot -2 bay gar & 2 nice ofcs. 100' frontage on busy SW 29 & Walker, Best Way Now/Jerry Smith. 487-7100 or 634-1100

Established Business For Sale SEMINOLE GAS/ FOOD MART Turnkey. 2 fiber optic tanks. Call Nelmon at 405-370-0394 or Linda at 405-788-9052. C21 Bob Crothers Realty

Business For Sale

Established 3 years, will teach and stay for 30 days. Net $80K, $3800 down. Call Jerry @ 1-800-731-1951 Owner of well established western Oklahoma contract manufacturer wishes to retire. $4.5 million annual revenue, $700K profit. » 918-748-7995 » Long Est. Barber/Style Shop For Sale in NW OKC. 789-0341/324-0157

Investment Property For Sale 355 REDUCED TO SELL! Cash Flow Rental Prop. Handyman Specials Owner financing avail. 1224 NE 19th $28,000 107 SE 41st $38,500 2118 N Prospect $28,000 740 NE 36th $28,500 5021 Fairmont $59,500 Prices Negotiable Kruger Inv. Call Jim 235-9332/812-1657

Edmond

422

$305 & Up per month Furnished 1bd & Efficiency 2820 S Robinson 232-1549

SENIOR LIVING 55+ 1 BED APTS. 348-4065

San Tee Apts. small eff $275/mo $85/deposit Plus elec 685-2909 9a-5p

MWC

424

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

OKC Downtown 429.5 Walford Apts 518 NW 12 MIDTOWN District Amazing! All electric, 1bd 1ba, ch/a. Corner Studio $550mo $450dp Efficiency $400mo $300dp 409-7989 no sec 8 QUIET CLEAN FURNISHED STUDIO, BILLS PD. $450 + dep. 721-0296

OKC Northwest

431

Spring Special

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

Williamsburg 7301 NW 23rd

787-1620 $99 Special

1 & 2 BD & Townhouses •City bus route/Shopping •Washer/Dryer hookups

Valencia Apts 2221 N. Meridian

946-6548

Business Property For Rent 360 Car Repo or Sales Lot 825 SE 59th, for sale or lease (lease $1000 month) 826-2853.

2528 NW 12th 1bd 1ba 900sf - K off Special $400mo $200dp Garage apt 600sf $325mo $175dp 409-7989 no sec8

Industrial Property For Rent 361 Warehouse/Office I-40 & Meridian, 2200-4819sf, 946-2516

Office Space For Rent

363

GREAT Space OFFICE Convenient NW Locations: I-40 & Meridian NW Expressway & May Britton/Lake Hefner Parkway 200-6000sf 946-2516

»»»»»»»»»»»» 1-6 room office suites Starting $6.50/sq ft, Also Furn office spaces »» 6 4 0 - 8 2 0 6 »» 1, 2 & 3-Room Suites $150 & up ¡ 50th & N. Santa Fe area 235-8080

Warehouse Space For Rent 363.5 2100 Sq Ft Office/ Warehouse 4309 SW 119th Fully insulated, 130k BTU Hi Eff Heater, 3 phase electric, ADA bathroom, 14' overhead door and walkthru 825/month WWS Development, LLC 405-692-6123 OVERHEAD DOORS 525-6671 3410 SW 29th 700sf $390 3414 SW 29th 1,200sf $390 3426 SW 29th 1,080sf $390 3518 Newcastle 1,200sf$390 3520 Newcastle 1280sf $390

Furnished/Unfurnished Bills Paid » Wkly/Monthly Wes Chase Apts, Elk Horn Apts, Hillcrest 943-1818

TOP LOCATION! Pd. wtr/garb. Near malls. Try Plaza East•341-4813

Briargate 1718 N Indiana K Off Move in Special! 800sf 1bd 1ba, cha, all elec, wood floor, $450mo, $200 dep. No sec 8 409-7989

New bldg, I-35 frontage, shop, ofc, kitchen, bath, heat/air, $1000, 412-7665

433

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

Apartments

2810 Dorchester Dr Apt 5 spacious 2bd 1.5ba, large living area, ch/a, completely remodeled, $575 mo Fidelity RE 692-1661 The Plaza 1740 NW 17th K Off Special 1bd, 1ba 750sf, wood floors, all elec, $450 mo, $200dp. No sec8 409-7989 Foxcroft Apartments 1, 2 & 3 beds »»» 787-6655 »»» 1bd close to shops/bus lines onsite laundry. Sec 8 welcome . $550 all bills pd 521-0311 641-5402 Oakwood Apts 5824 NW 34 K off Special 1bd 1ba, 750sf $325mo $175dp 409-7989 no sec8 NICE 2 BED UPSTAIRS no sec 8, no smoking NW 23rd & MacArthur $500+$200dep. 370-0278 Furnished/Unfurnished Bills Paid » Wkly/Monthly Wes Chase Apts, Elk Horn Apts, Hillcrest 943-1818 $199 MOVE IN SPECIAL 2BED Townhomes $599 Windsor Village 943-9665 » MOVE IN SPECIAL » LARGE 1, 2 & 3 BEDS Rockwell Arms, 787-1423 800 N. Meridian: 1bd, all bills paid & weekly rates available. 946-9506 MAYFAIR GARDENS Historic Area! Secure, wash /dry hardwd flrs 947-5665 Bills pd clean quiet furn eff/1bd $100/wk&up 10& Penn 751-7238/640-9413 Mesta Park 804 NW 21 2bd 1ba 1000sf $625/mo $400dp 409-7989 no sec8

$99 Move In Special!!! Lg 1 and 2 Bdr, $325 to $395 mo. 632-9849 $280 + Electricity Furnished Efficiency 2820 S Robinson 232-1549 Furn 1BD most bills Paid + EMSA, no sec 8 and no pets, 524-2730

Village/ Nichols Hills 437.5 1410 Oxford Way, nice 2b, ch&a, w/d hkup, no sec 8 $650 405-255-1075.

Yukon

438

Yukon Rent Specials 1 bd From $359 2 bd From $459 3 bd From $559 For info & specials 354-5855 Yukon Rent Specials 1 bd From $359 2 bd From $459 3 bd From $559 For info & specials 354-5855

Condominiums, Townhouses For Rent 441 2720 SW 74th unit 18, extra sharp 2bd townhouse, ch/a, built in appliances, washer/dryer hookups, patio area, only $575 Fidelity RE 692-1661

2 bed unfurnished, bills paid, no pets, $550 + deposit. 232-9704

Yukon

460

Brand new duplexes, 3 bd 2 ba, 2 car, gated comm, call Rick, 405-830-3789.

Garage Apartments

461

Nice Efficiency $345 plus electric 1608 NW 16th 232-9101 OKC SW 1 bed, stove & fridge, no pets, bills paid, $450mo + dep. 232-9704 Nice Efficiency $345 plus electric 1608 NW 16th 232-9101

Hotels/Motels 462 Furnished/Unfurnished Bills Paid » Wkly/Monthly Wes Chase Apts, Elk Horn Apts, Hillcrest 943-1818

RE for rent Choctaw

465

3BR, 2Ba, pool, brick, ch&a, all elec., 2-car gar, big backyard, $1100 mo. For Lease by Owner 405-818-7324, Alex 3435 Ives Way, 3bd, 2ba, 2 car detached gar, ch/a, approx 2.5 acres $750 681-7272

Del City

465.5

Remodeled & Clean 4104 SE 12th St., 2/1/1, with large workshop, $475 month. Call 405228-4906. Section 8 OK.

Edmond

466

Thomas Trails Beauty 4/2/2, $176,900. Brkr/ Owners would consider lse purchase for $1500/ mo. New carpet, lrg fnc back yd. Bud 245-1271 OPEN Woodcreek 2001 3 Stars, Move-in, lrg, 3bd 2K ba, gar entry, on golf course, w/d, frig $1100 348-5473, 816-5473

Hemingway -Gated, 2 bd, 2 ba, (1st Floor), W/D, F/P, Appls, pool, covered parking $725 mo. 820-3502

3/2/2, beautiful house, by Quail Springs Mall, $950 month, 388-2880.

8012 NW 7th Pl Unit 324 extra sharp 1bd, 1.5ba, 1-car garage ch/a, $525 Fidelity RE 692-1661 Updated 3bd, 2.5ba, 2car, patio, 1700+sf off Hefner & May $900 990-4742 3245 NW 50th #244 2 bed 2 bath $550 mo TMS Prop 348-0720

Duplexes Bethany/ Warr Acres 442.5 6721 NW 30th, 2 bed, 1 bath, PC schls, $350 dep $525 mo 405-308-8708

Immac. 3 bd, 2 ba, 1 din, 2 c gar, with w/d/fridge, $995+deposit. 317-1749

MWC

468

OKC Schools, 3 bdrm, 1 ba, central air and heat, carpet, fenced backyard, $650/mo + $250 Dep. Sec 8 ok. 405-733-0470 3 bed, 1 bath, ch&a, new carpet, fenced yard, $575+deposit. 909 Locust. 769-8800 2 bed, 1 bath, A/C, carport, Country setting $500/mo. 837-2223 9100 Jennifer Pl 3/1/1$525 3605WoodsideDr3/1/1 $475 681-7272

444

V-Nice, 1 mi E of Tinker, 3/1, ch&a, util rm, $525 + $300, no pets, 732-4351

133 Barrett Place 2/1/1 kit appls, $650 mo no pets/section 8 517-1222

1893 N Hughson 3bd, 2 full baths, double garage $650/mo • 408-5836

OKC Northeast

1101 Hazelwood 3bd $550 FLESHMANS INC 235-5473 or 314-3551

452

2 bd, water paid, + appls. Sec. 8 & Everyone welcome. $475mo 427-7566

OKC Northwest

453

3615 NW 51st Amazing Duplex close to Baptist/ Deaconess, 1300sf 2bd 2bth 2car gar fireplace $900mo $900dp. Must see! 409-7989 no sec 8

Rent Savers!

•ABC• Affordable, Bug free, Clean » 787-7212»

»»»»»»» 2bd 1.5ba, appls, ch/a, no Sec 8, 942-5506

Spacious Casady 751-8088

455

2616AshebriarLn4/3/2 $1900 313 Whitman Ct 3/2/2 $1195 Express Realty 844-6101 www.expressrealtyok.com

New Luxury Duplex 13516 Brandon Place 3/2/2, fp, Deer Creek Schls, near Mercy. Model open 10-4 842-7300

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

OKC Southwest

Grand Pointe Condo 2 story remod, 3 bd, 3 ba, 2 car, DR/LR w/FP, JennAire, w/d, gated, pool, $1300 mo » 842-9699

Edmond

MCCLATCHY-TRIBUNE INFORMATION SERVICES

Quick. In July, overall sales tumbled 20.6 percent, primarily because of the expiration of federal tax credits, but the region’s median home price of $295,000 was off only 1.7 percent from June. The fragile rebound in the broader market contrasts with the behindthe-scenes scramble at foreclosure auctions. “There’s a tremendous amount of capital that is desperate to just buy anything right now,” said Gil Priel, principal of a real estate investment firm in

Vacation Property For Sale 347

Commercial RE

Woodland Hills, Calif. In some cases, well-financed newcomers are elbowing out smaller investors at auction sales.

Moore

469

Great location! HS-MidElem-shops 3bd 2ba, 2 Car $1100. 405-596-8099-227-5378

Great location! HS-MidElem-shops 3bd 2ba, 2 Car $1100. 405-596-8099-227-5378 Great NE Moore 2-story, 3 bdrm, 2.5 bath, 2 car gar. fenced yard, fireplace. 1 yr lease $875 823-6856 Agent/Owner Paul Methvin Homes Inc.

Moore

469

Rent Specials All Areas 4 Beds from $595 to $1295 3 Beds from $495 to $995 2 Beds from $395 to $495 Free List 605-5477 Rent Specials All Areas 4 Beds from $595 to $1295 3 Beds from $495 to $995 2 Beds from $395 to $495 Free List 605-5477 913 SW 153rd, 3/2/2, $975 + deposit, 285-0305 or 823-6550, pets okay. Lease or Lease Purchase 4bd, 2ba, $1200 per mo. W Ent. 405-732-2285 Immac. 3 bed, 2 bath, 2 car gar, ch&a, $1050 mo, $1000 dep, 833-5510 EXECUTIVE HOME Gated community 405-641-0124 1808 SunriseDr 3/1.5/2$800 Home&RanchRlty 794-7777

Mustang

470

2501 Renwick 4/3/3$1995 204ShannonWy3/2/3 $1295 Express Realty 844-6101 www.expressrealtyok.com 1000 Edinberg. 4BR/2BA, 2 car, $1050/mo. + $1000 dep. 818-2703 3bd 1ba brk-CH&A-$695 clean covered patio-trees Avail. now. Call 376-5846

Newalla

471

3 bed, 2 bath, Mobile Home on 5 acres, 17901 SE 95th St. 412-2978

OKC Northeast

474

Section 8, 2bd, 1ba, recently remodeled. 405-414-7450.

OKC Northwest

475

12721BrandonPl3/2/2 $995 2601 NW 35 3/1/1 $675 2532 NW 52 3/2/1 $895 2064 NW 48 2/2 $1450 Express Realty 844-6101 www.expressrealtyok.com CasitaBlanca Contemporary Condo 2618 NW 50 2bd 2ba 2car $1250mo $1000 dep 1300 sf Stainless Appls, California Closets much more 409-7989 11905 Barton Drive 122nd & N Meridian $900mo/$900dep 2/2/2 FP, all appliances, updated luxury home 1169 sf. 748-4087 Rent Specials All Areas 4 Beds from $595 to $1295 3 Beds from $495 to $995 2 Beds from $395 to $495 Free List 605-5477 Rent Specials All Areas 4 Beds from $595 to $1295 3 Beds from $495 to $995 2 Beds from $395 to $495 Free List 605-5477 Surrey Hills-#1 fairway 3/2/2, fireplace w/garden room, $1500 month 821-8468 Copperchase-2/2/2, all appliances, fp, $1200. 11300 N Penn 755-8025 2bed 1bath w/office 1250sf $800mo $500dep 405-535-0180 OCU-SHEP-HIST 3 bd 2ba hdwd flrs $750. 1bd gar apt $325. 524-0222 904 NW 109th 3bd 2bth 2car 1300sf $850/mo $800dp 409-7989 no sec8 1320 NW 82nd 3bd $500 FLESHMANS INC 235-5473 or 314-3551 3 bed, 1 bath, 2 car, 1112 NW 104th St. $750 mo, $300 deposit, 650-1525 Section 8 OK, Completely redone, ch&a, 3 bed, 712 NW 88th 942-3552 2929 NW 67th, 2 bd 1 ba, dining area, gar, no pets, $675, $600 dep. 691-5479 1900 NW 41st, 2 br, w/d hookup, d/w, ch&a, gar, ex nice, $550, 833-2617. 3 bed, 2 bath, 2 car, brick remodeled, $1150/mo, $1150 dep, 405-625-6237 Classy Windsor Hills 3/2/2 $945 370-5642 Lovely 4bd 2ba brick home Near school $965 603-7665

OKC Southeast

476

Rent Specials All Areas 4 Beds from $595 to $1295 3 Beds from $495 to $995 2 Beds from $395 to $495 Free List 605-5477 Rent Specials All Areas 4 Beds from $595 to $1295 3 Beds from $495 to $995 2 Beds from $395 to $495 Free List 605-5477 29 SE 33rd, 1bd, stove & fridge, water & gas paid $350 681-7272 704 SE 31, 1 bd, 1bath Very cute, w/d hook up $425/mo • 408-5836

OKC Southwest

477

2509 Texoma Dr 3/1/1 ch/a $650 912 SW 35th 2bd +, 1 3/4ba $450 2401 SW 43rd #7 1bd apt, total elect, water paid $325 681-7272 New Rivendell Exec Home 408-4168 Luxury indoor pool & spa Fully equip'd media & wrkout rooms $5500/mo Openhouseok.com Rent Specials All Areas 4 Beds from $595 to $1295 3 Beds from $495 to $995 2 Beds from $395 to $495 Free List 605-5477 Rent Specials All Areas 4 Beds from $595 to $1295 3 Beds from $495 to $995 2 Beds from $395 to $495 Free List 605-5477 2016 Independence3bd $450 1432 SW 11th 2bd $375 3321 Stults 2bd $400 FLESHMANS INC 235-5473 or 314-3551 1501 S Binkley, large 2bd, 1-car garage, clean, fresh paint, large yard, $525 Fidelity RE 692-1661 4bed 3bath section 8 only. near Capitol Hill School no pets 672-0877 1416 Williams Dr., 2 bed, 1 bath, gar, no pets, $550, $500 dep. 691-5479 3bd, 3ba, 1car gar ch&a, DW appls, sec 8 ok $750 mo $500 dep 882-1054 3636 SW 36, section 8 2 bed, $500. 685-8240, 694-1570

Tuttle/ Newcastle

481

Bridgecreek, 2bd/2ba, 1 acre. Mobile Home $500mo +dep. 392-4717

Mobile Home Rentals 483 Westoaks MHP 1 blk W of NW 10 & Rockwell 3bd 1ba $475 2bd 1ba$375 787-1030 $ FREE RENT 1ST MO $ 2BR $395+, 3BR $495+, MWC NO PETS 427-0627

Rental Services

487

» RENTAL HELPER» Current Home Rental Listing $39 at the Gold Dome (405) 605-5551


10F

SATURDAY, SEPTEMBER 4, 2010

THE OKLAHOMAN

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