8
F REAL ESTATE SATURDAY, MARCH 17, 2012 THE OKLAHOMAN | NEWSOK.COM INDEX Stone 5F Permits 6F HOUSE PLAN Mediterranean touch Refreshing Mediterranean influences inspire the contemporary Spanish Grandeza. PAGE 7F LISTING OF THE WEEK Spacious home A large two-story brick house in Nichols Hill has almost 5,000 square feet of living space. PAGE 7F FHA adding restrictions on sellers The Federal Housing Administration plans to impose significant restrictions on the amount of money sellers can contrib- ute at settlements in the near future. Page 3F IN BRIEF ARCHITECTS’ TOUR SET FOR APRIL 14 The American In- stitute of Architects Central Oklahoma Chapter will present the 11th annual Ar- chitectural Tour from noon to 6 p.m. April 14. The self- guided tour will include six resi- dential properties among its nine stops. Advance tick- ets go on sale March 26 through April 12, and can be pur- chased online at www.aiacoc.org/tour or at Taparchitec- ture, 415 N Broad- way, or the AIA Central Oklahoma office, 3535 N Clas- sen Blvd. Tickets will be $15 the day of the tour at any tour stop. TOUCH LAMPS AND NEW LIGHTBULBS Q. Will the new lightbulbs work with touch lamps? A: There are several relatively new types of lightbulbs on the market, but you probably are re- ferring to either compact fluorescent or LED bulbs. Either kind might pose a problem with some touch lamps. Light- ing consultant Terry McGowan said that if a touch lamp has a mechanical switch, it will work with any CFL or LED bulb. However, if the lamp has an electronic switch, you’ll need to use a CFL or LED bulb that’s specially marked as dim- mable. Even then you may have some problems, he said. You can tell what kind of switch the lamp has by putting a standard incan- descent bulb of 40 to 60 watts in the socket and then trying the switch while listening care- fully. If you hear a click when the lamp is turned on and off, then the switch is mechanical. If you don’t hear a click, it’s electronic. STAFF AND WIRE REPORTS Are you a homeowner who for several years has been sitting on the sidelines waiting for a stronger market before you sell? Are you fi- nally ready to put your place up for sale this spring? If so, you’re not alone, said Ro- nald Phipps, a real estate broker and recent president of the Na- tional Association of Realtors (www.realtor.org). “Home sellers are more prag- matic now. They’re no longer holding their families and plans hostage for some magical price they might have gotten in the past. They’re ready to sell now,” Phipps said. Eric Tyson, a personal finance expert and co-author of “House Selling for Dummies,” said anyone planning to sell a home should take all the time necessary to find the strongest available real estate agent to list the property. How can you screen agents to find the best one for your listing? Jodi R.R. Smith, a human re- sources trainer who heads her own consulting firm (www.manner smith.com) suggests you create a preliminary list of five to 10 agents who are recommended by people you know. Then prescreen each with a brief phone interview. Fo- cus on the agents with whom you establish a rapport, and ditch the ones you don’t. This should leave you with about three or four agents. Now it’s time for in-person interviews. Here are a few pointers: I Pose open-ended questions to the candidates. As the founder of MarketStar, (www.marketstar.com), a large sales and marketing company, Alan Hall has interviewed hun- dreds of job applicants. Experi- ence has taught him that open- ended questions elicit the most revealing answers. “For example, ask them about a past failure they had in their real estate career and how they han- dled it. They should tell you how they turned failure into a learning experience. If they stumble in re- sponse, that’s not a good sign,” Hall said. I Request statistics on each agent’s past performance. Smith recommends you ask all the candidates for data on the homes they’ve sold in the past six months. In each case, what per- centage of the list price did the homeowners obtain? And how many days did the property sit on the market before it sold? She also cautions against hiring an agent who promises to get you much more than the others say your home is worth. I Screen for frankness but al- so good manners. Smith said you should consider only those agents who are candid in assessing the changes needed to make your property sell for its full market value. But you don’t want someone who is overly blunt. “I need to know, for example, that my NASCAR-themed bath- room must be painted over. But I want someone to tell me tactfully,” Smith said. She recommends you tell all the agents how much money you have for pre-sale upgrades and then ask them to give you a list of priorities. “Ask for their gut reactions and whether, for example, you would be better off spending the money you have to plant flowers beside your front entrance or to paint your bathroom. The right agent should have good suggestions that fit in your budget,” Smith said. To contact Ellen James Martin, email her at [email protected]. UNIVERSAL UCLICK Tips to get best agent for home sale Ellen James Martin SMART MOVES NORMAN For Dan Reeves, a single phone call from his wife, Amy, would change everything. “She called me one day and said, ‘Hey, we haven’t seen each other in a couple of years,’” he recalled with a laugh. She had a point. They worked opposite shifts — Dan Reeves as a field train- ing officer with the Okla- homa City Police Depart- ment, and Amy Reeves as an elementary school teacher. Their spare time was gobbled up by the growing homebuilding work they had going on the side. “And I was glad she called,” Dan Reeves said. “I was tired.” “And so we took a leap of faith,” Amy Reeves said, “left our careers and start- ed a homebuilding com- pany.” Eleven years later, there are no regrets, not even with a market downturn thrown in to complicate things. Dan Reeves credits his police department training — “Prepare for the worst and hope for the best” — for not only get- ting Landmark Fine Homes through but even growing it a little. “We retained earnings and (did) not just spend all our money, to make sure we’re going to be around to take care of our customers and our family and our employees,” he said. “I think you can see there were a lot of other people who were spending it as they were making it, over- extending themselves.” That was a factor earlier this year when Builder magazine, published by the National Association of Home Builders, named Landmark America’s Best Builder 2012 among build- ers its size, in the 25-100 closings-per-year catego- ry. The award is hardly a cosmetic one. Dan Reeves said his company had to provide details about its systems and practices, ac- counting, employee reten- tion and more when it ap- plied for the award. “Having beautiful homes, all that plays a part,” he said. “But it’s a little easier to build a beau- tiful home than it is to build a company.” His wife said, “A lot of times people, I think, mis- conceive America’s Best Builder as just the sticks and brick and the exterior and what you see. But it really is a lot of the behind the scenes, how you run your organization.” Beyond bricks, mortar Amy and Dan Reeves grew up in the Moore- Norman area, were high school sweethearts and now live within miles of their childhood homes. Both are active in the com- munity through Relay for Life, Central Oklahoma Habitat for Humanity and the American Red Cross. Amy Reeves has served with the Salvation Army for years, including four years as kettle chairman, Leap of faith leads Oklahoma couple to homebuilding dream Landmark Fine Homes of Norman, named America’s Best Builder 2012 by Builder magazine, constructed this model home at 4601King- sland Road in Norman. PHOTO BY STEVE SISNEY, THE OKLAHOMAN Dan and Amy Reeves of Landmark Fine Homes of Norman, named as America’s Best Builder by Builder Magazine, are shown at a model home in Norman. PHOTO BY STEVE SISNEY, THE OKLAHOMAN BY DYRINDA TYSON For The Oklahoman [email protected] SEE LANDMARK, PAGE 2F Kenneth Harney THE NATION’S HOUSING

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FREAL ESTATESATURDAY, MARCH 17, 2012 THE OKLAHOMAN | NEWSOK.COM

INDEX

Stone 5FPermits 6F

HOUSE PLAN

MediterraneantouchRefreshing Mediterraneaninfluences inspire thecontemporary SpanishGrandeza.PAGE 7F

LISTING OF THE WEEK

SpacioushomeA large two-story brick house inNichols Hill has almost 5,000square feet of living space.

PAGE 7F

FHA addingrestrictionson sellersThe Federal HousingAdministration plansto impose significantrestrictions on theamount of moneysellers can contrib-ute at settlementsin the near future.

Page 3F

IN BRIEF

ARCHITECTS’TOUR SETFOR APRIL 14The American In-stitute of ArchitectsCentral OklahomaChapter will presentthe 11th annual Ar-chitectural Tourfrom noon to 6 p.m.April 14. The self-guided tour willinclude six resi-dential propertiesamong its ninestops. Advance tick-ets go on sale March26 through April 12,and can be pur-chased online atwww.aiacoc.org/touror at Taparchitec-ture, 415 N Broad-way, or the AIACentral Oklahomaoffice, 3535 N Clas-sen Blvd. Tickets willbe $15 the day of thetour at any tourstop.

TOUCH LAMPSAND NEWLIGHTBULBSQ. Will the newlightbulbs workwith touch lamps?A: There are severalrelatively new typesof lightbulbs on themarket, but youprobably are re-ferring to eithercompact fluorescentor LED bulbs. Eitherkind might pose aproblem with sometouch lamps. Light-ing consultant TerryMcGowan said thatif a touch lamp has amechanical switch, itwill work with anyCFL or LED bulb.However, if the lamphas an electronicswitch, you’ll need touse a CFL or LEDbulb that’s speciallymarked as dim-mable. Even thenyou may have someproblems, he said.You can tell whatkind of switch thelamp has by puttinga standard incan-descent bulb of 40to 60 watts in thesocket and thentrying the switchwhile listening care-fully. If you hear aclick when the lampis turned on and off,then the switch ismechanical. If youdon’t hear a click, it’selectronic.

STAFF AND WIRE REPORTS

Are you a homeowner who forseveral years has been sitting onthe sidelines waiting for a strongermarket before you sell? Are you fi-nally ready to put your place up forsale this spring?

If so, you’re not alone, said Ro-nald Phipps, a real estate brokerand recent president of the Na-tional Association of Realtors(www.realtor.org).

“Home sellers are more prag-matic now. They’re no longerholding their families and planshostage for some magical pricethey might have gotten in the past.They’re ready to sell now,” Phippssaid.

Eric Tyson, a personal financeexpert and co-author of “HouseSelling for Dummies,” said anyoneplanning to sell a home shouldtake all the time necessary to findthe strongest available real estateagent to list the property.

How can you screen agents tofind the best one for your listing?

Jodi R.R. Smith, a human re-

sources trainer who heads her ownconsulting firm (www.mannersmith.com) suggests you create apreliminary list of five to 10 agentswho are recommended by peopleyou know. Then prescreen eachwith a brief phone interview. Fo-cus on the agents with whom youestablish a rapport, and ditch theones you don’t.

This should leave you withabout three or four agents. Nowit’s time for in-person interviews.Here are a few pointers:

I Pose open-ended questionsto the candidates.

As the founder of MarketStar,(www.marketstar.com), a large

sales and marketing company,Alan Hall has interviewed hun-dreds of job applicants. Experi-ence has taught him that open-ended questions elicit the mostrevealing answers.

“For example, ask them about apast failure they had in their realestate career and how they han-dled it. They should tell you howthey turned failure into a learningexperience. If they stumble in re-sponse, that’s not a good sign,”Hall said.

I Request statistics on eachagent’s past performance.

Smith recommends you ask allthe candidates for data on thehomes they’ve sold in the past sixmonths. In each case, what per-centage of the list price did thehomeowners obtain? And howmany days did the property sit onthe market before it sold? She alsocautions against hiring an agentwho promises to get you muchmore than the others say yourhome is worth.

I Screen for frankness but al-so good manners.

Smith said you should consideronly those agents who are candidin assessing the changes needed tomake your property sell for its fullmarket value. But you don’t wantsomeone who is overly blunt.

“I need to know, for example,that my NASCAR-themed bath-room must be painted over. But Iwant someone to tell me tactfully,”Smith said.

She recommends you tell all theagents how much money you havefor pre-sale upgrades and then askthem to give you a list of priorities.

“Ask for their gut reactions andwhether, for example, you wouldbe better off spending the moneyyou have to plant flowers besideyour front entrance or to paintyour bathroom. The right agentshould have good suggestions thatfit in your budget,” Smith said.

To contact Ellen James Martin, email her [email protected].

UNIVERSAL UCLICK

Tips to get best agent for home saleEllenJamesMartin

SMARTMOVES

NORMAN — For DanReeves, a single phone callfrom his wife, Amy, wouldchange everything.

“She called me one dayand said, ‘Hey, we haven’tseen each other in a coupleof years,’ ” he recalled witha laugh.

She had a point. Theyworked opposite shifts —Dan Reeves as a field train-ing officer with the Okla-homa City Police Depart-ment, and Amy Reeves asan elementary schoolteacher. Their spare timewas gobbled up by thegrowing homebuildingwork they had going on theside.

“And I was glad shecalled,” Dan Reeves said. “Iwas tired.”

“And so we took a leapof faith,” Amy Reeves said,“left our careers and start-ed a homebuilding com-pany.”

Eleven years later, thereare no regrets, not evenwith a market downturn

thrown in to complicatethings. Dan Reeves creditshis police departmenttraining — “Prepare for theworst and hope for thebest” — for not only get-ting Landmark FineHomes through but evengrowing it a little.

“We retained earningsand (did) not just spend allour money, to make surewe’re going to be around totake care of our customersand our family and ouremployees,” he said. “Ithink you can see therewere a lot of other peoplewho were spending it asthey were making it, over-extending themselves.”

That was a factor earlierthis year when Buildermagazine, published bythe National Associationof Home Builders, namedLandmark America’s BestBuilder 2012 among build-ers its size, in the 25-100closings-per-year catego-ry. The award is hardly acosmetic one. Dan Reevessaid his company had toprovide details about itssystems and practices, ac-counting, employee reten-

tion and more when it ap-plied for the award.

“Having beautifulhomes, all that plays apart,” he said. “But it’s alittle easier to build a beau-tiful home than it is tobuild a company.”

His wife said, “A lot oftimes people, I think, mis-conceive America’s BestBuilder as just the sticksand brick and the exteriorand what you see. But itreally is a lot of the behindthe scenes, how you runyour organization.”

Beyond bricks, mortarAmy and Dan Reeves

grew up in the Moore-Norman area, were highschool sweethearts andnow live within miles oftheir childhood homes.Both are active in the com-munity through Relay forLife, Central OklahomaHabitat for Humanity andthe American Red Cross.

Amy Reeves has servedwith the Salvation Armyfor years, including fouryears as kettle chairman,

Leap of faith leads Oklahomacouple to homebuilding dream

Landmark Fine Homes of Norman, named America’s Best Builder 2012 by Builder magazine, constructed this model home at 4601 King-sland Road in Norman. PHOTO BY STEVE SISNEY, THE OKLAHOMAN

Dan and Amy Reeves of Landmark Fine Homes ofNorman, named as America’s Best Builder by BuilderMagazine, are shown at a model home in Norman.

PHOTO BY STEVE SISNEY, THE OKLAHOMAN

BY DYRINDA TYSONFor The [email protected]

SEE LANDMARK, PAGE 2F

KennethHarney

THE NATION’S HOUSING

2F . SATURDAY, MARCH 17, 2012 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

and Landmark’s annual“Thanksmas” bringsfriends, colleagues andfamilies together duringthe holidays at one of itsmodel homes to collectfood and toys for the Sal-vation Army. The Reeveschildren — Kaitlin, a soph-omore at the University ofOklahoma, Matt, 13, andMackenzie, 10 — often areinvolved as well.

“It feels natural to be outthere helping and teachingmy kids to do the same,”Amy Reeves said.

Dan Reeves cut his con-struction teeth in highschool and college workingwith his uncle LyndseyGay, who owns L.G. Con-struction in OklahomaCity. Reeves put that expe-rience to work in his sparetime after going to work asa police officer, heedingthe advice of another unclewho also worked in lawenforcement.

“He said, ‘Don’t workextra police jobs becauseyou’ll die a young man,’ ”Reeves recalled.

So Reeves built instead.And the buyers came.Then he built more, andmore buyers came.

“And it was growing andgrowing,” he said. “And(Amy) was doing the booksafter teaching all day. Andwe grew it. Basically itcame to us.”

And Dan Reeves’ back-ground didn’t hurt. “Fromthe police department,people knew they couldtrust us,” he said. So Land-mark has built for districtattorneys, federal officials,judges and fellow policeofficers.

Staying the courseEven so, the maelstrom

unleashed when the na-tion’s economy began toslide in 2008 made itselffelt. Reeves recalled the2009 International HomeBuilders Show he and hiswife attended in Las Vegas.They stopped in the mid-dle of the Vegas Strip asAmy Reeves took a phonecall.

“Of course, from mypolice days, I don’t want tostop because it’s kind of adangerous place,” he said.“And I remember stop-ping, and I turn and lookbehind me, and there wasnobody as far as I couldsee. And I looked the otherdirection, and there wasnobody.”

The downturn and itssqueeze on OklahomaCity’s housing marketwould provide white-knuckle moments.

“It’s kind of like drivingthrough a snowstormwhen you’ve got bothhands on the wheel,” DanReeves said. “You’re notsure of where you’re going,but you’re being really

careful, and you can stillmanage through thesnowstorm, but it’s dan-gerous.”

And it paid off. Land-mark continued to growthrough the downturn,and now he and his wife areready to see what the fu-

ture brings.“Staying with teaching

and staying with the policedepartment — we knewwhere that ended,” Reevessaid. “And we had thisdream, and if we didn’tpursue this, we wouldn’tknow where we ended up.”

Landmark: Continues to growFROM PAGE 1F

This bathroom joins two bedrooms in the LandmarkFine Homes model in Norman.

PHOTO BY STEVE SISNEY, THE OKLAHOMAN

Planning a garage sale in Okla-homa City? Don’t forget to get a per-mit.

Permits are $7 and are availableonline by logging on to www.okc.gov, calling 297-2606 or by visitingOklahoma City’s licensing office at420 W Main downtown. The permitnumber will be given to applicants

over the phone and must be posted atthe sale location.

Each household is allowed to havetwo garage sales annually. The salemust be held between 8 a.m. and 6p.m. and each permit is good forthree consecutive days.

People who enjoy bargain huntingat garage sales can log on to to view

daily garage sale listings throughoutOklahoma City. The listing is free tothose who get the required permit fortheir garage sale.

Garage sale signs are not allowedon utility poles, traffic sign poles,medians or in the city right of way.For more information, log on towww.okc.gov.

City garage sales require $7 permit

The upstairs media room features lounge chairs and big screen in the Landmark Fine Homes model.PHOTO BY STEVE SISNEY, THE OKLAHOMAN

This view shows the breakfast dining area next to the kitchen in the Landmark Fine Homes model in Norman.PHOTO BY STEVE SISNEY, THE OKLAHOMAN

A recessed ceiling and crown molding accent themaster bedroom in the Landmark Fine Homes modelat 4601 Kingsland Road in Norman.

PHOTO BY STEVE SISNEY, THE OKLAHOMAN

THE OKLAHOMAN | NEWSOK.COM SATURDAY, MARCH 17, 2012 . 3FREAL ESTATE

WASHINGTON — If you’reconsidering buying ahouse with a FederalHousing Administration-backed mortgage and ex-pect the seller to help outwith your closing costs,here’s a heads-up: FHAplans to impose significantrestrictions on the amountof money sellers can con-tribute at settlements inthe near future.

On top of that, FHA alsowill be raising its mortgageinsurance premiums dur-ing the coming weeks, in-creasing charges for newpurchasers across theboard.

You might ask: Why hitus with additional finan-cial burdens right now, justas housing is showingmodest signs of recoveryin many areas, and thespring buying season isgetting under way?

One big reason why:Over the past six years,FHA has been the turn-around champ of residen-tial real estate, offeringdown payments as low as3.5 percent despite the re-cession and housing bust,growing its market sharefrom 3 percent to 25 per-cent-plus. The program isnow financing 40 percentor more of all new homepurchases in some metro-politan areas and is a cru-cial resource for first-timebuyers and moderate-in-come families, especiallyminorities.

With a maximum loanlimit of $729,750 in high-cost areas, it is also a forcein some of the country’smost expensive markets —California, Washington,D.C., New York and partsof New England.

But during the samespan of rapid growth,FHA’s insurance fund cap-ital reserves have steadilydeteriorated — far belowcongressionally mandatedlevels. Delinquencies havebeen increasing.

According to the latestquarterly survey by theMortgage Bankers Associ-ation, FHA delinquenciesrose to 12.4 percent com-pared with a 4.1 percentaverage for prime (FannieMae-Freddie Mac) con-ventional fixed-rate mort-gages and 6.6 percent forVeterans Administration-backed loans.

As a result, FHA is un-der the gun, from Con-gress and from within theObama administration, toget its own house in order,cut insurance claims andrebuild its reserves. Theupcoming squeezes onseller contributions andbumps in premiums aresteps in this direction, butmay not be the last.

The seller-contributioncutbacks could be painful,particularly in areas of thecountry where closingcosts and home prices arerelatively high.

Here’s what’s involved:Traditionally, FHA has

been uniquely generous inallowing home sellers —including builders mar-keting new construction —to sweeten the pot for pur-chasers by chipping inmoney to defray closingcosts. FHA currently al-lows sellers to pay up to 6percent of the price of thehouse toward their buyers’settlement expenses. Fan-nie Mae and Freddie Mac,by comparison, cap con-tributions at 3 percent.VA’s ceiling is 4 percent.

Under newly proposedrules, the FHA cap woulddrop to the greater of 3percent of the home priceor $6,000. In sales involv-

ing houses priced at$100,000 or below, thiswouldn’t change anything($6,000 equals 6 percentof $100,000). But on allsales above this threshold,the squeeze would get pro-gressively tighter. On a$200,000 home, a buyercould today ask the sellerto pay for $12,000 of a longlist of settlement chargesincluding all prepaid loanexpenses, discount pointson the loan, interest ratebuy-downs and upfrontFHA insurance premiums,among others.

Under the proposedcutback, the maximumamount would be slashedin half. On many hometransactions, the reduc-tions would force sellers tolower their prices to enablecash-short buyers to getthrough the closing. Inother cases, sales mightsimply be too far of astretch for some purchas-ers.

The proposed cuts areopen to public commentthrough the end of thismonth, but are highly like-ly to be adopted in muchthe same form soon after-ward. FHA also is restrict-ing the types of “closingcosts” that sellers can pay.Six months’ or a year’sworth of interest paymentsor homeowner associationdues in advance no longerwill be permitted — a seri-ous blow to many builderswho use these as financialcarrots.

Beyond these changes,

FHA also plans significantincreases in insurance pre-miums — from 1 percent to1.75 percent on its upfrontpremiums, effective April1, and annual premiums by0.1 percent on all loans un-der $625,000 and 0.35percent on mortgageamounts above that, ef-fective June 1.

William McCue, presi-dent of McCue MortgageCo. in New Britain, Conn.,which does a sizable per-centage of its businesswith FHA, said the cumu-lative impact of all these

increases “will not justcrowd first-time buyersout of the FHA market. Itwill prevent them fromowning a home that absentthese new costs would beaffordable.”

Bottom line: Nail downyour FHA money and sell-er-contribution negotia-tions as soon as you canbecause later looks a lotmore expensive.

Ken Harney’s email address [email protected].

WASHINGTON POST WRITERS GROUP

KennethHarney

THE NATION’S HOUSING

‘Pay up’ is new message from FHA

4F . SATURDAY, MARCH 17, 2012 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Tracy Ratliff Julie Reeser

Peter Lehmann Angie Seabrook

EDMOND — Ticketsfor the St. Jude DreamHome Giveaway are forsale at all CitizensBank of Edmond loca-tions or by calling(800) 592-1596. A lim-ited number of $100tickets will be sold.

This year’s house is by Dunhill FineHomes on a 1-acre lot in The Lake atChitwood Farms addition near PostRoad and 15th Street. The 3,900-

square-foot house, val-ued at $575,000, willhave four bedrooms, 4 ½baths, a study, gameroom, three-car garageand covered patio.

In addition to thehouse, other prizes willinclude a $1,000 shop-

ping spree at Conn’s, fondue for twofor a year at The Melting Pot, a$1,000 gift certificate at OnCue Ex-press and others.

Winners of the St. Jude DreamHome Giveaway will be drawn liveJune 24 on Fox 25.

Sponsors of the event, a fundraiserfor St. Jude Children’s Research Hos-pital in Memphis, Tenn., include Fox25, 101.9 The Twister, Dunhill FineHomes, Turner & Co., Citizens Bankof Edmond, Edmond Furniture Gal-lery, Legacy Cleaners & Laundry, TheOklahoman, Slice Magazine, EpsilonSigma Alpha International, Brizo andShaw Flooring.

Dream home tickets are on sale

EDMOND — The BradReeser Team at Keller Wil-liams Realty, 10 E Camp-bell in Edmond, was rec-ognized as the No. 3 KellerWilliams team in thecountry, and the No. 5team in number of unitssold, at the recent KellerWilliams national conven-tion in Orlando, Fla.

The Reeser team alsowas recognized at the Kell-er Williams Oklahoma re-gional awards banquet inNorman as the top team inunits closed and for out-standing production at thebrand’s Double PlatinumLevel. The team includesBrad Reeser, Tracy Ratcliff,Julie Reeser, Peter Leh-mann and Angie Seabrook.

Keller Williams RealtyInc., founded in 1983, has

almost 700 offices andmore than 75,000 associ-ates in the United Statesand Canada.

Brad ReeserTeam gets topRealtor honor

Brad Reeser

THE OKLAHOMAN | NEWSOK.COM SATURDAY, MARCH 17, 2012 . 5FREAL ESTATE

DEAR BARRY: In one of yourarticles, you said, “The essentialpurpose of home inspection is todisclose property defects.” If thatis true, why don’t home inspec-tors use the top tools of the trade,such as thermal cameras, bore-scopes and moisture meters?

In my opinion, most home in-spectors are retired general con-tractors with a lock on Realtorreferrals. I am a new home in-spector, but I provide a far morethorough inspection than mycompetitors who don’t use spe-cialized testing equipment. Theproblem, however, is getting realestate agents to refer me to theirclients. They all seem to use thesame few home inspectors whohave been here forever. Can youoffer any help on this?

MarkDEAR MARK: When I said

that the essential purpose of ahome inspection is “to discloseproperty defects,” I didn’t mean

that the purpose is to discloseevery possible property defect. Ifhome inspectors intended to dis-close every possible defect, ther-mal cameras, borescopes, andmoisture meters would definite-ly be needed, as you suggest. Buteven then, the inspections wouldnot be complete.

To provide disclosure of allpossible defects, inspectorswould need to take air samplesfor mold, to place test canistersfor radon gas, and to sample var-ious materials for possible asbe-stos fiber and lead content. Butthat’s not all. Home inspections

would not be complete without astructural analysis of the foun-dations, which would requirethat the inspectors be licensedstructural engineers or that theysubcontract with a structuralengineer on every inspection.

Inspectors would also need totake core samples of propertysites to ensure geological stabil-ity and to evaluate subsurfacewater drainage characteristicsbased upon soil composition.This, of course, would requirecredentials as a licensed geo-technical engineer. Homeswould also need to be tested forelectromagnetic fields, for soilcontamination, and for off-gassing of synthetic compoundssuch as urea formaldehyde.

This list could be expanded al-most indefinitely if the essentialpurpose of a home inspectionwas to disclose all possible prop-erty defects. In truth, home in-spections are preliminary visual

inspections, not technically ex-haustive evaluations.

A home inspection is analo-gous to the routine annual phys-ical that you receive from yourdoctor. Family physicians don’tdo EKGs or CAT scans as part ofan annual exam. Instead, theylook for indications that suchtests might be necessary. If so,they refer you to specialists. Inthe same way, a competent homeinspector is looking for condi-tions that might warrant furtherevaluation by specialists such as

plumbers, electricians, geotech-nical engineers, or registered en-vironmental assessors.

It might surprise you to knowhow very thorough many homeinspectors are in their forensicduties, how able they are to findsignificant defects without theuse of sophisticated testing de-vices.

As for referrals by real estateagents, there are many reasonswhy they recommend particularhome inspectors. Some refer theinspectors they believe will pro-vide the most thorough disclo-sure, while others refer inspec-tors who are not so thorough andare perceived as less likely toscare away their buyers.

Either way, it takes persistentmarketing to develop a base ofagents who will routinely rec-ommend you to their clients.

To write to Barry Stone, visit him on the web atwww.housedetective.com.

ACTION COAST PUBLISHING

BarryStone

INSPECTOR’S IN THEHOUSE

New home inspector feeling his oatsIt might surpriseyou to know howvery thoroughmany homeinspectors are intheir forensicduties.

6F . SATURDAY, MARCH 17, 2012 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Oklahoma CityLingo Construction Ser-

vices, 1117 N Robinson Ave.,apartment, remodel,$3,000,000.

Clark Construction,1226 N Shartel Ave., med-ical clinic-office, erect,$1,500,000.

Allenton Homes & De-velopment LLC, 11732Burning Oaks Road, resi-dence, erect, $1,100,000.

Sawatzky ConstructionLLC, 10701 NW 2, manu-facturing, erect,$700,000.

Sawatzky ConstructionLLC, 10609 NW 2, manu-facturing, erect, $672,000.

Prestige CustomHomes, 2921 NW 156, of-fice, erect, $640,000.

Jomac ConstructionCo., 4732 NW 1, office-warehouse, erect,$572,000.

Oak Leaf CustomHomes, 10300 BerrywoodDrive, residence, erect,$550,000.

Oak Leaf CustomHomes, 6501 NE 101, resi-dence, erect, $470,000.

Don Kaspereit, 137 NE138, office-warehouse,erect, $425,000.

Craig Smith BuildingInc., 13600 Cascata Strada,residence, erect, $410,000.

Home First Inc., 15100Turtle Lake Place, resi-dence, erect, $396,000.

ACP Associates LLC,3029 NW 157, residence,erect, $375,000.

Moda Architecture,3500 S Council Road, shellbuilding, erect, $350,000.

Pedro Garcia, 14500 NSara Road, residence,erect, $320,000.

R&R Homes LLC, 10729SW 36, residence, erect,$300,000.

R&R Homes LLC, 10733SW 36, residence, erect,$300,000.

G.L. Cobbs & Co. LLC,11800 Sawgrass Road, resi-dence, erect, $280,000.

J. Hill Homes Inc., 9116SW 30 Terrace, residence,erect, $250,000.

Jeff Click Homes LLC,1516 NW 176, residence,erect, $245,000.

Jeff Click Homes LLC,17321 Parkgrove Drive, resi-dence, erect, $245,000.

Ron James DesignerHomes LLC, 6909 ChelseyLane, residence, erect,$243,200.

4 Corners ConstructionLLC, 11332 Marbella Drive,residence, erect, $237,000.

4 Corners ConstructionLLC, 11324 Marbella Drive,

residence, erect, $233,000.J.W. Mashburn Develop-

ment Inc., 3125 SW 137Court, residence, erect,$230,000.

Ideal Homes of NormanLP, 18605 Mesa Road, resi-dence, erect, $222,000.

J.W. Mashburn Develop-ment Inc., 3120 SW 137Court, residence, erect,$220,000.

Robert Ogle, 2804 Mi-rage, residence, erect,$220,000.

Ripple Creek HomesLLC, 12600 PonderosaBlvd., residence, erect,$210,000.

Willa Construction Co.Inc., 3021 SW 137, resi-dence, erect, $210,000.

Sun Contracting LLC,9032 NW 147 Terrace, resi-dence, erect, $200,000.

Lingo Construction Ser-vices Inc., 123 Robert S KerrAve., office, remodel,$200,000.

Woodland Homes, 1825NW 196, residence, erect,$200,000.

Smith & Pickel Con-struction, 3817 NorthwestExpressway, office, re-model, $200,000.

Brookshire Homes LLC,11308 SW 37, residence,erect, $200,000.

Brookshire Homes LLC,11216 SW 37, residence,erect, $200,000.

Brookshire Homes LLC,11216 SW 37, residence,erect, $200,000.

4 Corners ConstructionLLC, 14816 Almond ValleyDrive, residence, erect,$197,000.

Authentic CustomHomes LLC, 14309 BrinleyWay, residence, erect,$191,000.

Debbie Gregory Homes,9028 NW 83, residence,erect, $190,000.

R.W. Custom HomesLLC, 1813 NW 196, resi-dence, erect, $190,000.

Authentic CustomHomes LLC, 8417 NW 143Terrace, residence, erect,$188,710.

Taber Built Homes LLC,2412 NW 155, residence,erect, $180,000.

Taber Built Homes LLC,15412 Homecoming Drive,residence, erect, $180,000.

Taber Built Homes LLC,15408 Homecoming Drive,residence, erect, $180,000.

Samples (Mark) HomesLLC, 7408 Kaylee Way,residence, erect, $175,000.

No name provided, 1220NW 29, residence, erect,$175,000.

Affinity Homes LLC, 16SW 174, residence, erect,$170,000.

Marathon Builders Inc.,8400 SW 27, residence,erect, $170,000.

Marathon Builders Inc.,8400 SW 27, residence,erect, $170,000.

Taber Built Homes LLC,15609 Cardinal Nest Drive,residence, erect, $160,000.

Tom VorderlandwehrInc., 9108 NW 92 Terrace,residence, erect, $155,000.

Affinity Homes LLC, 120SW 174, residence, erect,$150,000.

Taber Built Homes LLC,15605 Cardinal Nest Drive,residence, erect, $150,000.

Tom Rud, 1901 North-west Expressway, restau-rant, remodel, $150,000.

4 Corners ConstructionLLC, 5725 SE 142, resi-dence, erect, $144,000.

Home Creations, 16217Capulet Drive, residence,erect, $141,400.

Site Excel, 4420 SW 3,tower-antenna, install,$140,000.

Rausch Coleman HomesLLC, 9604 Lauren Drive,residence, erect, $130,000.

Westpoint Homes, 5916NW 151, residence, erect,$130,000.

D.R. Horton, 11104 SW40, residence, erect,$122,700.

Dodson Custom HomesLLC, 2304 NW 195, resi-dence, erect, $118,000.

Dodson Custom HomesLLC, 2308 NW 195, resi-dence, erect, $112,000.

Rausch Coleman HomesLLC, 9601 Lauren Drive,residence, erect,$109,000.

Home Creations, 6229SE 80, residence, erect,$101,100.

Price Edwards & Co., 211N Robinson Ave., office,remodel, $100,000.

Gardner Construction,6015 S Portland Ave., of-fice, remodel, $100,000.

E.V. Cox Construction,5100 W Reno Ave., ware-house, erect, $100,000.

Home Creations, 6205SE 79, storm shelter, erect,$97,000.

McAlister ConstructionInc., 2515 N Francis Ave.,residence, erect, $95,000.

Dale Montz, 9617 ShadyCourt, residence, modular,$94,000.

Home Creations, 12704Nittany Drive, residence,erect, $90,300.

Ron Walters HomesLLC, 516 N Bath Ave., resi-dence, erect, $90,000.

Ron Walters HomesLLC, 513 N Bath Ave., resi-dence, erect, $90,000.

Home Creations, 5601Marblewood Drive, resi-dence, erect, $85,800.

Home Creations, 5603Marblewood Drive, resi-dence, erect, $85,400.

Ron Walters HomesLLC, 1615 NE 12, residence,

erect, $85,000.Ron Walters Homes

LLC, 536 SE 16, residence,erect, $85,000.

Kent Hoffman Con-struction, 216 NW 59, au-tomotive repair-wash, re-model, $82,960.

Home Creations, 11117NW 6 Terrace, residence,erect, $80,600.

Westgate Marketplace,205 S MacArthur Blvd.,business, remodel,$80,000.

Ideal Homes of NormanLP, 2720 NW 186, resi-dence, erect, $79,000.

Home Creations, 11113NW 6 Terrace, residence,erect, $78,300.

Home Creations, 12700Nittany Drive, residence,erect, $78,200.

Home Creations, 5613Marblewood Drive, resi-dence, erect, $78,200.

Home Creations, 12004NW 133 Terrace, residence,erect, $78,000.

Carriage Homes, 14501Coles Road, residence,add-on, $75,000.

Neighborhood HousingServices/Oklahoma CityInc., 1212 SW 17, residence,erect, $75,000.

Neighborhood HousingServices/Oklahoma CityInc., 1216 SW 17, residence,erect, $75,000.

Neighborhood HousingServices/Oklahoma CityInc., 1220 SW 17, residence,erect, $75,000.

Neighborhood HousingServices/Oklahoma CityInc., 1224 SW 17, residence,erect, $75,000.

Ideal Homes of NormanLP, 2520 FountaingrassRoad, residence, erect,$72,000.

Ideal Homes of NormanLP, 1108 SW 155, residence,erect, $72,000.

E.V. Cox Construction,5100 W Reno Ave., ware-house, add-on, $72,000.

Bruce Mulford, 10916Maple Grove , residence,remodel, $60,000.

Crown ConstructionLLC, 4713 Seabrook Court,residence, add-on,$60,000.

No name provided, 225NE 97, medical clinic-of-fice, remodel, $60,000.

Blackmon MooringConstruction LLC, 2817NW 45, residence, fire res-toration, $52,000.

Allenton Homes & De-velopment LLC, 11732Burning Oaks Road, acces-sory, erect, $40,000.

No name provided,12100 SW 53, accessory,erect, $40,000.

Michael Martin, 11900SW 15 Terrace, manufac-tured home, move-on-mobile home park,

$35,500.Stuart D. Howard, 109

SW 98, residence, add-on,$35,000.

Malcolm Hall Proper-ties, 8031 N Classen Blvd.,cleaners-laundry, add-on,$30,000.

Westgate Marketplace,203 S MacArthur Blvd., re-tail sales, remodel,$30,000.

No name provided, 816Glenlake Drive, residence,add-on, $30,000.

Standlee Homes & Ren-ovations, 16012 Big CypressDrive, residence, add-on,$25,000.

Champion Window Co.,4701 SE 81, residence, add-on, $21,718.

Oscar J. Boldt Construc-tion, 101 W Hefner Road,office-warehouse, remod-el, $20,000.

Champion Window Co.,10913 Fountain Blvd., resi-dence, add-on, $19,500.

Curtis Smith, 10712Green Valley Road, storage,erect, $15,000.

Mike Carson, 7105 WHefner Road, office, re-model, $15,000.

Silvercliffe Construc-tion, 2600 NE 63, move-on, move-on, $15,000.

Vernon Smith, 13401Spruce Valley Drive, stor-age, erect, $10,000.

Antonio Otero, 1718 NE11, accessory, erect, $9,300.

Lopez Construction,2706 S Shartel Ave.,church, add-on, $8,000.

Oz Saferooms, 4221Mel-low Hill Drive, storm shel-ter, install-storm shelter,$7,999.

Larry Todd, 2504 SW 81,install-storm shelter, in-stall-storm shelter,$5,400.

4d Construction, 200 SOklahoma Ave., residence,remodel, $5,000.

Site Excel, 4420 SW 3,equipment, move-on,$5,000.

Robert Wienecke, 14601Fossil Creek Lane, stormshelter, install-storm shel-ter, $4,900.

Timmy Vu, 1325 SW 123,storm shelter, install-storm shelter, $4,895.

No name provided, 14012Saw Mill Road, storm shel-ter, install-storm shelter,$4,745.

Steve Hebblethwaite,2116 Pinnacle Point, stormshelter, install-storm shel-ter, $4,500.

No name provided, 2729Blue Quail Pass, stormshelter, install-storm shel-ter, $4,500.

Kay Crews, 2621 NW 151,storm shelter, install-storm shelter, $4,495.

Maria Lopez, 4301 NW49, storm shelter, install-

storm shelter, $4,295.No name provided, 2413

SW 113 Terrace, storm shel-ter, install-storm shelter,$4,200.

Andrew Tuls, 7617 NW134, storm shelter, install-storm shelter, $4,000.

Dale R. Hunnington,13248 SW 10, storm shelter,install-storm shelter,$4,000.

Jason Shirazi, 15710Wood Creek Lane, stormshelter, install, $4,000.

William W. Perry, 1133NW 176, storm shelter, in-stall-storm shelter,$4,000.

A-Fox Electric, 300Johnny Bench Drive, of-fice, remodel, $4,000.

James Montemayor,10501 Bishops Gate, stor-age, install-storm shelter,$3,995.

Joyce Baxter, 625 SW 159Terrace, storm shelter, in-stall-storm shelter, $3,995.

Marty Summers, 3617SW 124, storm shelter, in-stall-storm shelter, $3,995.

No name provided, 6725NW 133, storm shelter, in-stall-storm shelter, $3,950.

Nick and Amanda Hil-ton, 16517 Moorgate Lane,storm shelter, install-storm shelter, $3,925.

No name provided, 5901NW 81, storm shelter, in-stall-storm shelter, $3,925.

Loren L. Berridge, 16113Hemlock Drive, stormshelter, install-storm shel-ter, $3,920.

James Collins, 14704Carlingford Way, stormshelter, install-storm shel-ter, $3,800.

John Cunningham, 8901NW 71, storm shelter, in-stall-storm shelter,$3,800.

Brady Buchan, 18517Chestnut Oak Drive, stormshelter, install-storm shel-ter, $3,795.

Monty Dolph, 16617Kingsley Road, storm shel-ter, install-storm shelter,$3,795.

Del Laidley, 12828 NW 5,storm shelter, install-storm shelter, $3,500.

Diane Locke, 8716 PikesPeak Road, storm shelter,install-storm shelter,$3,500.

Kristi Mahaffey, 2316NW 158, storm shelter, in-stall-storm shelter,$3,500.

No name provided, 2805N Meridian Court, stormshelter, install-storm shel-ter, $3,500.

Matt Jeffcoat, 19404Thornhill Blvd., stormshelter, install-storm shel-ter, $3,400.

Othello Dotson, 6408

Permits

SEE PERMITS, PAGE 8F

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

Schls, near Mercy842-7300

Water Well, 2.82 ac,fronts on lake, near Purcell& Lexington $217.13mo

Onr carry. 5 wooded Acresnear Noble $193.01 permonth. 405-226-2015

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

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

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

373-2494

GREAT PIEDMONT BLDSITE 1.89 ac MOL bld

site w/storm shelt$25,000 new const only.

Richard Cleaton &Assoc 373-2494

OWNER FINANCING1-10 Acres

Many LocationsCall for maps405-273-5777

www.property4sale.com

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

E of OKC. o/a 275-1695

1570A Tillman Co, 5 pivotsgood rental income320A Wichita Mountains-Unique & Secluded1015A First Class Ranchnear OKC, w/lakes & home40A Caddo Co Home Sites320A Hunting Land inKingfisher Co

Tumbleweed Terr. REJohn McElroy 580-569-4213

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

3bd in The Village, garw/shop or gameroom$79,500 405-706-2524

We Buy Houses!!Any Condition! Any Situ-ation! Call 405-778-2032

6100 S Cox nice 2bd homecompletely remodeled,

new roof, siding & flooring,bathroom & kitchen

updated, only $36,900Fidelity410-4300, 692-1661

2813 SW 60 Completelyremodeled 3bd 1.5ba ch/abrick home 2 living areas.Call for details!! $68,000Fidelity410-4300, 692-1661

$2000 down No Credit CkOWNER FINANCING

3516 S Portland 4/1 $49K¡596-4599‘ 410-8840¡

LOWER PRICE 4/2/2Cottonwood farms home

$192,900 RichardCleaton & Assoc

373-2494

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

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

373-2494

55 Acres SequoyahCounty

Great Hunting Deer andTurkey. 918-453-1111

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

Free phone app. WAC405-631-7600

Cash 4 Clunkers!!Trade your used home in

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

home. WAC 405-631-7600

312 S. CarneyCarney, OK

3bd/2bth Mobile Homeon large lot

Woodlake Properties273-5777

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

application 405-631-7600

2006 Solitaire doublewide, 28X50, 3 bd, 2 ba,appliances, to be moved,$45,000, 405-496-3707.

Huge 4 Bed. REPO$629/mo. wac405-324-8000

$325/mo. New2bdw/deckFinancingavail.FREE phone

app. 405-324-8000

3bed $3k-$5k down = URapproved to OWN

405-577-2884

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

8 lots with mobile homeincluded in Sparks, OK,$30,000, 1-405-889-5657.

ABSOLUTEAUCTION

507± Acres Land528± AcresProducingMinerals

¡ CANADIAN ¡ GRADY ¡¡ CADDO COUNTY, OK ¡

¡ No Minimums ¡¡ No Reserves ¡

FRI, MARCH 23rd 10 AMAdditional info

LippardAuctions.com866-874-7100

Owner carry with down.Nice homes & fixers.

417-2176.www.homesofokcinc.com

I BUY HOUSESAny condition. No cost

to U 410-5700

I BUY & SELL HOUSES27 YRS EXP 650-7667

HOMESOFOKCINC.COM

Lake Front Fully Furn.Cedar Lake. Summer orWinter fun! Woodburn-ing stove, Boat, PrivateDock. Updated Cabin.

Less than 1hr from OKC.Pictures and info @

www.OHAIRART.com$64,500. Call 921-9203

C-Store lease or sale.$40K + inv. $2500/month

405-474-1249

3bd 1ba new crpt ch&a,fncd yd 1 car $600+ dep.1037 S Holly Dr 769-8800

9317 NE 14th 3/1.5/1 $575Free List 681-7272

1000 Eagle, 3bd 1K ba2car, ch&a, $850 + dep,

694-1384

905 SW 1st 3/1 $625Free List 681-7272

4bd 2.5ba 2car 2650sf$1275Home&RanchRlty794-7777

3/2/2, 1240sf, new crpt/tile, fncd 919 Tesio, offCzech/152 $850 376-9415

KAT Properties-Apt &Homes for rent. Scan

this with your phone app

4113 NW 62nd Terr. Up-dated 3BR, 1.5 BA, woodfire, 2 car, $1100/mo. +Dep. 405-721-6713

12420 Springwood Dr4bed 2.5ba 2car $1250mo$1250/dep 2300sf 2living2 din 409-7989 no sec 8

3BR, 2BA. 2 car gar, PCSchls 10708 Bayberry Dr.$1100+ sec dep 596-2217

1738 NW 15th St. 4bd,2ba, ch&a $700+ $400depSec. 8 OK ¡¡¡¡ 549-3880

Updated 3/2/2, lrg storageshed 3104 Orlando (Hefner& May) $975mo 830-3399

3bd, 2ba, 2liv areas, FP, 2car gar, prvt yard $995 PC

sch No Sec 8. Ray, 740-4108

3020 W Park Place, 2 bd,1 ba, 1 car, fenced, $650mo, $350 dep, 285-2627.

1514 NW 17th 4 bed 2ba2car 1920sf $1150/mo$900dp 409-7989 no sec8

3/2N /2 PCN, 2 stry, fencedyard, exc cond $1200 neg+ dep, 1-866-663-0149.

N.HighlandAddtn.4Bd,1K Ba,$0 dep. if Sec. 8. $750. Avail.now.1-800-529-0307 code37

Rent to Own Elegant Home$1185 monthly 603-4775

Exceptional 3BD 2BA home1900sf, $1085 603-4775

221 SE 57th nice 2bdhome, fresh paint, clean,

nice area. Only $450!!Fidelity410-4300, 692-1661

1 bd, 344 SE 43rd, $350mo, $150 dep, no appls,wtr & garb pd, 321-4773

Seminole Point 3/2/22609 NW 164th, 1510sf

$1100mo $1100dp 245-6857

Upgraded 2 bd, 1 ba, liv-ing room, large dining

area & kitchenette, shopin back new CH/A. $750mo + $750dep. 605-9338

4bed 2329 SW 42nd w/dhkup, fncd yd $550mo$250dep 631-8039 .

(2) 3 bed, 1 bath,$500 & $550 + $400 dep,

call 631-8220

2 bd, fenced yd, 1 car gar$550+$300dep, no sec. 82608 SW 27th¡631-5695

3 bed, 2-car carport, 20ftfrom OCCC. $700mo +dep. 405-677-1808

1100 SW 38th 2/1/1 $495Free List 681-7272

Cotton Wood Ridge Condo2bd 1.5ba 900sf Amazingmust see, fireplace, ch/a,New Stove & Dishwasher,Stackable Washer/Dryer$750/month $600deposit409-7989 No Sec 8

2bd, 1ba, w/appls incl. +W&D, Edmond Schools,storage shed. No pets.348-6240 or 623-1181

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

PIER Drilling 1 or 2 trucks.Profitable. Can train Own-er Retiring 405-670-2676

Office/shop combo, ap-prox 1620 sf, north OKC,near Memorial & Broad-way Ext, $700 per mo,$700 dep, 1 year lease,Pruitt RE, 405-812-1716.

PRIME RETAIL LOCATIONI-35 frontage, showroom,

offices, warehouse10,800sf ¡ 8801 S. I-35Dale or Mike, 631-4447

New I-35 frontage bldgfor rent: ofc/shop/whse,1900sf $800mo 412-7665

7608 N Western AveRetail/Office space, up

to 2200sf avail, 370-1077

GREAT Office SpaceVarious NW locations300-6000sf 946-2516

Warehouse space avail-able on bustling Meridian.2300 block South. 7000 &9000sq ft. Brand new forsale or lease. 6K ac yard

space. Ideal for HVAC,Plumbing, Electrical, OilField Service Contractors.

843-0006 "R.T."

K Office, K Warehousefor lease. Various sizes.

221 W Wilshire 842-7300

VERY, VERY QUIETNear mall, schls, hosp,

Try Plaza East 341-4813

» Free Rent 'til April »1&2bedrooms. Spring TreeApartments. 405-737-8172

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

Freshly Renovated 2 & 3bed apts. Sec 8 ok. NowAcc. 1 bd vchr for 2bd.Call 475-9984 for info.

$100 Off1st Mo Rent 1&2 BedroomsFurnished & Unfurnished

NEWLY REMODELEDGATED COMMUNITYCAVE CREEK

ON ROCKWELL3037 North Rockwell

495-2000$200 off

1st Mo Rent Selected UnitsLARGE TOWNHOMES

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

7301 NW 23rd

787-1620

FREE RENT TIL APRILNewlyremodeled1,2&3beds,Putnam Green,405-721-2210

Florence 429 NW 11thMidtown Studio, GraniteCounters, CHA, FreeLaundry $675mo $400dep409-7989 No sec 8

$9 APP FEE$239 FIRST MONTH

ALL BILLS PAID293-3693

DREXEL ON THE PARK$9 APP FEE

$199 FIRST MO RentLive Large, Live Here

416-5259TUSCANY VILLAGE

Bank on It!2bd $575 Casady751-8088Plaza Apts – Art Deco1744 NW 17 1bed 1bathStarting at $500/month$250dp 409-7989 no sec8

Oakwood Apts5824 NW 34- 1bed 1bath800sf u pay elec $350mo$175dp409-7989 no sec 8Briargate 1718 N Indiana1bd, 1ba, 800 sf, woodfloors, all elect, $550 mo,$250dp 409-7989 no sec8Furnished/Unfurnished

Bills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 370-1077MAYFAIR Great location!1/2 bd W/D hdwd flr quietsecure ngbrhood¡947-5665•ABC• Affordable, Bug

free, Clean » 787-7212»800 N. Meridian 1bd

All bills paid 946-9506

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

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

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

» $295-360 »+elec. Furnished Efficiency2820 S Robinson 232-1549

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

$420 mo. 632-9849

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

NW 1 bed, 1 bath, $450month, $200 deposit, 1year lease, 818-4455.

2 bd, 1 ba, cntrl heat,fncd yd. 556 Babb $525 +

$400dep. ¡ 741-0117

830 NW 113th St.2bd, 2ba, fncd, stv, fridg,carport $646 + $400dep.

Sec. 8 ok, No pets 748-6129

3BR, 1.75BA, gar, PCSchools, back yd. $875 +dep. App fee. 408-3074

» 12109 Windmill Rd PCN3bd, 2ba, 2car, appls, fp,

nice, $895 avail. 721-1831

2 bed, appls, bills paid,No pets. $600mo + dep.

¡ 272-0650 ¡

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

OKC SW, 1bed, bills paid,no pets, $450 month +

dep. 272-0650

Bills PaidFurnished/Unfurnished

Weekly/Monthly 370-1077

1321 Beachwood Dr3/1.5/2 $675

Free List 681-7272

732 Red Oak Terr. ¡ 3 bd,2 ba, 2 car gar, fenced

$750 + dep. 348-0306

Beautiful 512 NW 141st& 312 W. 10th, 3/2/2

nice area, Edmd. Schls.$1000ea/mo. 749-0603

3/1K /2, 1100 sq ft, 801W 7th St, recently re-

modeled, no pets, $800mo, $650 dep, 340-3058

101 NW 160th 3bd 2.5ba3car garage, 2000sf, $1800mo, $1800 dep 409-7989

$9 APP FEE$199 FIRST MO RentNew apts - Old prices

455-8150THE BELMONT

Gorgeous 2132 sq ftOffice

and nice 900 sq ft officeavailable at CastlerockBusiness Plaza in Mus-

tang, OK. Call580-243-0624

Cottage Park567 Walker Dr Newcastle

Brand New 1 & 2 bedsfor active seniors

62 and above.MOVE IN BY MAR 31ST

FOR ONLY $99!LIMITED AVAILABILITY

(Income restrictionsdo apply)

''Equal Housing Opportunity''Handicap Accessible

877-250-2332, Ext 150

Commercial RE

Established Business For Sale

Farms, RanchesFor Sale, Okla. 308

Acreage For Sale 302

RE for sale

MWC 317

Vacation PropertyFor Sale 347

Yukon 330

OKCSouthwest 326

OKCSoutheast 325

OKCNorthwest 324

Open Houses 334.2

Mobile Homes, Manufactured Houses 339

Real EstateAuctions 342

Oklahoma Property For Sale 340

Real EstateWanted 346

Real EstateNotices 345

Yukon 438

MWC 446Edmond 422

MWC 424

Condominiums,TownhousesFor Rent 441

OKCSouthwest 433

OKCNorthwest 431

OKCNortheast 430

DuplexesApartments

Tuttle/Newcastle 459

OKCSouthwest 455

OKCNorthwest 453

Hotels/Motels 462

Yukon 460

Garage Apartments 461

RE for rent

MWC 468

Edmond 466

Edmond 466

Del City 465.5

Mustang 470

Moore 469

Norman 473

OKCNorthwest 475

OKCNorthwest 475

Mobile HomeRentals 483

OKCSouthwest 477

OKCSoutheast 476

IndustrialProperty 336

Offi ce SpaceFor Rent 363

Offi ce SpaceFor Rent 363

Business Property For Rent 360

Warehouse SpaceFor Rent 363.5

THE OKLAHOMAN | NEWSOK.COM SATURDAY, MARCH 17, 2012 . 7FREAL ESTATE

Refreshing Mediterra-nean influences inspire thecontemporary SpanishGrandeza. Stucco archesand columns combinewith round-arched win-dows and a tile roof to givethe plan a sunny ambiancethat is equally evocative ofthe American Southwest.

This home is almost asnaturally bright inside asout. At center is a high-ceiling, hexagonal greatroom where arched win-dows fill most of three rearwalls.

The patio that wrapsacross the entire back hasfour access points, so it’seasy to move outdoorswhen sunny weatherbeckons. When theweather turns chilly, thewarmth of the pellet stovewill be welcome.

A spacious kitchen fillsmost of one hexagonalsegment. Counters on foursides offer plenty of roomfor food prep, and a long,raised eating bar rims thepeninsular counter nearestthe dining area. A pantrynestles into an alcove cre-ated by the upper flight ofa centrally located stair-way.

Upstairs, French doubledoors in the vaulted hexa-gonal recreation roomopen onto a rear balcony.On the opposite side of theroom, a V-shaped railingallows people to safelyoverlook the entry. Withwindows on five sides, thisbright and lofty room hasits own bathroom andmakes a great place forrainy day play. It could beoutfitted as a study, homeoffice, guest room, art stu-dio or whatever suits.

The Grandeza’s luxuri-ous owners’ suite fills the

right wing. Its skylit bath-room has a dual vanity, spatub, linen closet, showerand private toilet. Thewalk-in closet is quitelarge.

Two more bedroomsshare a bathroom in theleft wing, close to the largeutility room that links thehouse and garage.

A review plan of the Grandeza, includingfloor plans, elevations, section andartist’s conception, can be purchased for$25 by phone, mail or online. Add $5 forshipping and handling. AssociatedDesigns, 1100 Jacobs Drive, Eugene, OR,97402. www.associateddesigns.com.(800) 634-0123.

HOUSE PLAN

Grandeza has Mediterranean flavor

The Listing of the Weekis a large two-story brickhouse in Nichols Hills.

The 4,851-square-foothouse at 1415 CanterburyPlace has five bedrooms, 5½ baths, four livingrooms, two dining areasand an attached three-cargarage. The family roomand study have fireplacesand built-in bookcases.The kitchen has a breakfastbar, commercial Therma-dor appliances, Monticellocabinets and a butler’spantry with icemaker. Themaster bedroom has a his-and-hers bath and walk-incloset. Three secondary

bedrooms have full bathsand walk-in closets. Thehome has imported Brazi-lian walnut floors, a lappool, fire pit and coveredpatio with grill and wetbar. The home has a secu-rity system and under-ground sprinkler system.

The home, built in 2007,is listed for $1.27 millionwith Laura Terlip of TheCovington Co. For moreinformation, call 834-0805.

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.

Large two-storybrick house inNichols Hills

The Listing of the Week is at 1415 Canterbury Place inNichols Hills. The house has five bedrooms, 5 1/2baths, four living rooms, two dining areas and anattached three-car garage. PHOTO PROVIDED

LISTING OF THE WEEK

8F . SATURDAY, MARCH 17, 2012 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

ST. LOUIS — To most peo-ple, a tornado means de-struction. To Martin Goe-bel, it means potential.

Last spring, after torna-does cut through the St.Louis area, Goebel perusedthe aftermath, looking forfelled hardwood trees toturn into coffee tables,chairs and bed frames.Eventually those storm-torn trees helped launch acompany: Goebel & Co.Furniture.

Goebel, 30, had recentlyreturned to St. Louis afterfinishing his master’s de-gree at the Rhode IslandSchool of Design when thetwisters buzzed through,leaving their offerings.

With a degree from aprestigious, demandingprogram, and years of fur-niture design under hisbelt, Goebel had beenlooking for a job. He wasoffered one — running op-erations at Dakota Jack-son, one of the country’spre-eminent high-designfurniture companies — buthe turned down the mon-ey, the title and New YorkCity, and came home to St.Louis instead.

“I went to the guy al-most in tears and said: Ican’t do this,” Goebel re-members. “My teacherssaid I’d be crazy not to doit. But I left New York, andit was just a liberating feel-ing.”

Goebel had a plan,though, that had beenbrewing for a few years andbecame more fully formed

in graduate school. Hisconcept was, and is, to takewood and transform it —partly by hand and partlyby sophisticated digitizedmachinery — into afford-able pieces of furniturethat last.

“We do batch produc-tion of residential furni-ture that we consider ba-sics,” Goebel said, stand-ing in his production spacein south St. Louis. “We’rejust using the technologyof the day to producethings at a better price.”

Goebel Furniture, inother words, uses a hybridapproach, one unique inthe industry. The wood isrough-cut in Goebel’s pro-duction space, then sentout to other companies tobe precision cut, usingcomputer models andcomputer-controlled rou-ters. Then the pieces comeback to Goebel’s studiowhere they are assembledand hand-finished. Theresult is a handcraftedpiece made of native hard-wood that’s priced morealong the lines of a ma-chine-made piece made ofcomposite or lesser wood.

“He’s using technologywhere it makes sense andmaking it handworkedwhere he can,” explainedCarl Safe, a longtime pro-fessor of furniture designat Washington University,who recently visited Goe-bel’s production space.“These are handmadepieces in many respects.”

Safe, who designs andbuilds furniture himself,called Goebel’s startup a“heroic effort.”

“This is a difficult mar-ket to break into,” he said.“But I think he has a run-ning start at this.”

Goebel believes he’s inthe right place at the righttime.

St. Louis is perfectly po-sitioned in the center ofthe country to deliverpieces elsewhere. Thelower cost of doing busi-ness, too, enables Goebelto spend more on materialthan rent. But, most im-portantly, St. Louis is sur-rounded by an abundanceof trees — walnut, Siberianelm, sycamore — well suit-ed for the demands of fur-niture.

“All of these species ofhardwood grow in our ownbackyard,” Goebel said.“St. Louis is really uniquewhen it comes to geo-graphical location and re-sources.”

Goebel also uses localproducers to mill his piec-es, paying them to do thework on machines that hisfledgling company couldnot afford.

“He wanted to tap intoour technology,” said BrianBerger of Kirkwood Stairand Millwork. “He doesthe design work and thesolid modeling, then sendsus the (computer) file, andwe figure out a way to runit on our equipment. Hepicks out the wood, roughsit, and we mill it for him.”

“So much of our furni-ture is coming from over-seas,” Berger added. “It’sgreat to see someone mak-ing furniture locally.”

MCT INFORMATION SERVICES

Storm-torn trees help launch companyBY GEORGINA GUSTINSt. Louis Post-Dispatch

Nick Leidenfrost places wood on a drying rack at Goebel & Co. Furniture in St.Louis, Mo. MCCLATCHY-TRIBUNE PHOTO

Noah Alexander works on a piece at Goebel & Co. Furniture in St. Louis, Mo.MCCLATCHY-TRIBUNE PHOTO

Braniff Drive, storm shel-ter, install-storm shelter,$3,395.

No name provided,7000 NW 159 Place, stormshelter, install-storm shel-ter, $3,350.

Chris Kohutek, 17213Ridgewood Drive, stormshelter, install-storm shel-ter, $3,300.

Chris Ziegler, 609 SW158 Terrace, storm shelter,install-storm shelter,$3,300.

Ryan Hinson, 700 GreggCourt, storm shelter, in-stall-storm shelter,$3,300.

Charles Scott and SusanA Sjulin, 16809 ShorerunDrive, storm shelter, in-stall-storm shelter, $3,195.

Jason van der Kooi,16400 Old Oak Drive,storm shelter, install-storm shelter, $3,195.

Jim Minx, 9809 S Har-vey Ave., storm shelter, in-stall-storm shelter, $3,195.

Keith Hudkins, 17312Grove Hill Terrace, stormshelter, install-storm shel-ter, $3,195.

Lisa Larose, 1304 SpringDrive, storm shelter, in-stall-storm shelter, $3,195.

Donald Harris, 16015Vintage Court, storm shel-ter, install-storm shelter,$3,100.

Kimberly Park, 13705Traviness Trail, stormshelter, install-storm shel-ter, $3,100.

Richard and RebeccaKelsey, 8100 N McKeeBlvd., storm shelter, in-stall-storm shelter, $3,100.

Ted Baker, 508 SW 153,storm shelter, install-storm shelter, $3,100.

Andree Pollock, 10917SW 31, residence, install-storm shelter, $3,000.

Bruce, 500 NW 155 Cir-cle, storm shelter, install-storm shelter, $3,000.

Charlotte and Ryan Wil-shire, 3008 SW 136, stormshelter, install-storm shel-ter, $3,000.

David Alan Shaw, 19200Green Springs Drive, stormshelter, install-storm shel-ter, $3,000.

Jayson Kennedy, 9810Olde Tuscany Road, stormshelter, install-storm shel-ter, $3,000.

Linette Tresher, 16904Halbrooke Circle, stormshelter, install, $3,000.

Lynn Brooks, 16801 Hal-brooke Road, storm shel-ter, install-storm shelter,

$3,000.Taylor Wheeler, 16324

Snowy Owl Drive, stormshelter, install-storm shel-ter, $3,000.

Ground Zero, 7908 NW82, storm shelter, install-storm shelter, $3,000.

No name provided, 2116Hackberry Creek Ave.,storm shelter, install-storm shelter, $3,000.

No name provided,8200 NE 140, storm shel-ter, install-storm shelter,$3,000.

April Hubbel, 16313Stoneview Drive, stormshelter, install-storm shel-ter, $2,995.

Billy Gleaves, 8001 Hill-crest Drive, storm shelter,install-storm shelter,$2,995.

Chris Wadsworth, 8505SW 46 Place, storm shel-ter, install-storm shelter,$2,995.

Garry George, 4104 NE142 Court, install-stormshelter, install-storm shel-ter, $2,995.

G.L. Cobb Construc-tion, 12212 Wileman Way,storm shelter, install-storm shelter, $2,995.

Glenn Linenberger,3020 SW 138, storm shel-ter, install-storm shelter,$2,995.

James Hunter, 3108 Roll-ing Stone Road, stormshelter, install-storm shel-ter, $2,995.

Kelvin and KeashaHobbs, 15804 CanteraCreek Drive, storm shelter,install-storm shelter,$2,995.

Mary Nguyen, 12515 BreeLane, residence, install-storm shelter, $2,995.

Misty Eccard, 13121NW 1,storm shelter, install-storm shelter, $2,995.

Paul W. Means, 10901SW 30 Terrace, stormshelter, install-storm shel-ter, $2,995.

Robert Cowan, 10 SW97, storm shelter, install-storm shelter, $2,995.

Robert Miller, 11505Kingsgate Drive, stormshelter, install-storm shel-ter, $2,995.

Thomas Tracey, 10104 SDrexel Ave., storm shelter,install-storm shelter,$2,995.

Houston Davis, 1704NW 183, storm shelter, in-stall-storm shelter,$2,900.

William Marwil, 6701NW 118, storm shelter, in-stall-storm shelter,$2,900.

George Kiser, 11632Lochwood Drive, stormshelter, install-storm shel-ter, $2,870.

Richard Haggard, 812

NW 140, storm shelter, in-stall-storm shelter, $2,825.

Milton Ware, 8501 NW74, storm shelter, install-storm shelter, $2,800.

Ann Owens, 1817 NW 194Circle, storm shelter, in-stall-storm shelter, $2,795.

Randy Chandler, 13108Wisteria Way, storm shel-ter, install-storm shelter,$2,795.

Joseph D. Kays, 13305Baldwin Drive, storm shel-ter, install-storm shelter,$2,700.

Josephin Williams, 8101Timothy Lane, storm shel-ter, install-storm shelter,$2,680.

Ron’s Gutters of OK,8433 Stonewood Drive, ca-nopy-carport, add-on,$2,600.

Bill and Laurie Compau,16801 SE 113, storm shelter,install-storm shelter,$2,570.

Steve Rayburn, 12901Tracy Drive, storm shelter,install-storm shelter,$2,570.

No name provided, 4101S Czech Hall Road, stormshelter, install-storm shel-ter, $2,570.

Larry Watters, 15409 El-izabeth Drive, storm shel-ter, install-storm shelter,$2,500.

Robert Dean Owens,7212 S Drexel Ave., resi-dence, remodel, $2,500.

Audie Gorgas Jr., 21300SE 103, storm shelter, in-stall-storm shelter, $2,470.

James Cody Bennett,11312 Fiddlesticks Lane, res-idence, install-storm shel-ter, $2,200.

Randy Johnson, 4505SW 121, storm shelter, in-stall-storm shelter,$2,200.

James B. and Cheryl F.Thompson, 9021 NW 93Circle, storm shelter, in-stall-storm shelter,$2,000.

Mario Cardenas, 1408SW 31, canopy-carport,erect, $1,500.

Mike Barlow, 323 KuhlTerrace, manufacturedhome, move-on-mobilehome park, $1,500.

DemolitionsRay’s Trucking, 519 N

Lindsay Ave., residence.Ray’s Trucking, 519 N

Lindsay Ave., garage.Kendall Concrete, 935

NE 18, accessory.Kendall Concrete, 2224

NW 11, accessory.Shelia Allen, 1616 NW

29, accessory.Ray’s Trucking, 1244 SW

25, retail.Total Demolition Ser-

vices, 2221 N Kelham Ave.,residential.

FROM PAGE 6F

Permits