Friday, November 12, 2010

Custom Dallas Home in Purcell, Oklahoma Neighborhood

Custom Built Dallas Style Home in The Christain Heights Addition... Purcell, Oklahoma

1823 Scott, Purcell, Oklahoma is a perfect buy for someone who wants a custom home... but, doesn't want to wait for months of construction and hassle.  This 2750 square foot quality home has "extras" you wont get in a new construction. 

It's a 3 bedroom, 3 full bath home with a 10 X 20 bonus room, a safe room, a large utility room with sink and a 10 X 14 office or study.  Huge diversity could be achieved with this "open" living room and kitchen floor plan!

It's over insulated.  It's foundation is an over built, with a re-enforced 6" concrete pour, and a 225 amp service are just a few of the building amenities any buyer would be impressed with.

Nice Story... during the ice storm in 2009, the power was off for several days.  With no electricity, gas or alternate heat source... the house stayed at 56%.  That's pretty impressive!

Tuesday, November 2, 2010

Oklahoma City is a Great Place! America's Most Affordable Cities

Your take-home pay will go farther in Oklahoma City's low-cost metros.
By Francesca Levy,
Oct 28, 2010
Provided by Forbes

Oklahoma may be best known for wind sweepin' down the plain. But there's a lot more going on in the Sooner State than Rodgers and Hammerstein musicals would lead you to believe.

Just consider the state capital, Oklahoma City: It's got good schools and universities, friendly residents and an unemployment rate well below the national average--6.3% compared with the nationwide 9.5%. Thanks to good jobs and low cost of living, the Oklahoma City metro area ranks as America's Most Affordable City.

In compiling our list, we searched for cities that had a balance of cheap living and economic prosperity--places with solid job markets, but where costs aren't prohibitive

Friday, October 1, 2010

Executive Luxury Home on 80 Acres in Goldsby, Oklahoma

This unique 5000 square foot home offers 5 bedrooms and 5 baths, and... a 5000 square foot shop!  Wait, there's more!  The shop has a 1500 square foot, handicap accessible, two bedroom apartment with 1.5 bath and full kitchen.  Wow!  I forgot to mention the fully stocked lake in the back yard. 

Got to see this one, just minutes from Norman, Oklahoma.  Follow this link to tour all the home at:

Monday, September 27, 2010

Another New Great Listing! New Home on 80 Acres

All the "Bells and Whistles" on this custom built 2004, 4 Bedroom, 3.5 bath, brick home on 80 acres. Need I say more?  Oh, yes, there's a 24 X 24 recreational room.  Wow!... what a find for someone moving that needs family room and pasture for livestock or equine. 

A commerical grade generator tests monthly for emergency power outages...thermal double pane tilt out, argon gas filled windows, temperature controlled attic turbine's and a reverse osmosis system on rural water line and so much more!  Also, it's designed completely handicap accessible.  These are just a few admenities on this 80 acre tract. Seller will provide builders print sets and documentation instructions on all mechanicals and appliance's at your asking.

Friday, August 27, 2010

I think NOW is the time to buy!

Are you waiting to make that purchase, waiting for the best interest rates, and the 2007 recession to end?  Well... I think now is a great time to purchase.  I can't believe the great interest rates that are now at 4.8% for a 30 year mortgage.  There's also an abundance of homes on the market for sale. 

I know that consumer confidence is down and job security concerns are up... but, I think now is a good time to buy!

Real Estate markets are cyclical.  Between 1981 and 1984 there was high inflation... remember those 15% to 20% loans for a 30 year mortgage?  (I was looking to build my first home during that period).  Well, during that period, home prices were rising just as high and fast as the interest rates.  A loosening of lending restrictions drove prices higher as demand to purchase these homes increased.

Well... could this be the beginning of a similar scenario of "pent up" demand for housing?  The loosening of those lending standards created that flurry of home buying during "81-"84"... which drove home prices up.  Interest rates will most likely go up as the demand goes up.

Consumers/homebuyers, have been "fenced sitting"... waiting for rates to hit bottom.  Home supplies have been on the market for 6 months to a year, and appraisals have adjusted.  This soft market should be an opportunity to buy! 

Tuesday, August 24, 2010

MLS 238131

2903 Sage Court, Purcell, OK 73080

Just Completed and Ready for New Family... Take a photo tour to see the insides of this Dallas style home in The Arbors.

MLS 238131

MLS 241799

Just Listed 505 W. Madison, Purcell, OK 73080

Got to view the inside of this darling home in Purcell. Check out the MLS link below...

MLS 241799

Friday, June 18, 2010

Deborah Allison Real Estate Listings

Here's what is for sale this month or call me at 405-249-2810 for what's available with other real estate companies... I'd be happy to help you find what your looking for!

Homes for Sale
  • 2903 Sage Court, Purcell, OK $189,000.  New 2010 construction for sale. Beautiful designed four bedroom home in the "Arbors" Northridge Addition of Purcell. Come see the quality for yourself! Amenities include handsome knotty alder cabinets and doors, granite counter tops, double sided gas log fireplace, formal dining, kitchen and bar counter dining, covered patio, whirlpool tub, architectural arches, trey ceilings and energy Low E windows.

  • 2204 Headwind Drive, Purcell, OK $148,800.  Still under construction. Quality, 3 bedroom home in the Northernwinds Heights Addition, welcoming buyers to view the construction stages with plenty of time to still choose colors, flooring and counters tops! Amenities will include handsome knotty alder cabinets, oil rubbed bronze fixtures, granite counter tops, whirlpool tub, trey ceilings and energy low E vinyl windows.

Land for Sale
  • Unassigned High Ave., Purcell, OK $25,000.  Nice quiet 5 acre location on black top county road with creek at back of property. No covenants or restrictions and not in city limits. Pretty spot to put a mobile home, metal shop or barn and run livestock... Bring your offers!

  • Covenant Trails, Tuttle, OK $22,500.  One of Tuttle's newest engineered 1/2 acre addition with paved road, city street lights, water and electric ready.  Be one of the first to build with great C&R's to protect you homes investment and assessment values. New home construction must be a minimum of 1600 sq. ft. not included open porches or attached garage and must be at least 85% brick or stone.

  • 12.96 Acres in Washington, OK School District, $49,000.  Great price on this surveyed acreage to run your livestock and build your new home.  The covenants even allow two homes on each tract.  Mobile homes are okay too.  Rural water line is available at road with application at Purcell City Hall.  Lots of terrain, trees, clearings and live running creek.  Plenty of room to have fun on with 4 wheelers, horses or your own little farm.

  • SH 39, Purcell, OK $159,900.  This cleared 37.73 acre parcel fronts state highway 39 with rural water available at road. Would be an excellent location for cattle ranch, barn, homestead resident, or for or for premier horse facility in the Heart of Oklahoma's best ranches!

  • 23007 Santa Fe, Washington, OK $24,000.  2.27 acres of land with small barn. Water meter and electric set and ready to be transferred.  This tract would be nice location for country living not far from Washington, Purcell, or Norman. Land has appraised for $28,000 and the owner may carry the note with acceptable terms.

  • 00000 12th, Goldsby, OK $70,000.  10 acres tracts reserved for new construction 1500 sq. ft. minimum rock, stone or brick exteriors and two car minimum garages.  Livestock is permitted at one per acre with suitable shelters/paddocks and lot line restrictions.  Good C&R's intact to protect your investment and property values.  Paved county road on 12th.  More interior lots available on private gravel road.  Water line is ready at road.  WASHINGTON SCHOOLS!

  • 200 Acres, Goldsby, OK  $1.5M.  This convenient location just 1 mile off I-35 at Exit 101 is minutes between Norman and Purcell, OK.  The owner will consider dividing in to 60, 80 or 120 acre tracts.  Rural water is available at road or possibility of good water well.  Tillable, fertile land as well as rolling pasture with trees, pond and creek amble through this beautiful tract, with black top, county road maintained real estate.
Commercial for Sale

  • 16 Acres Located in Lexington, OK $199,900.  Unimproved agricultural tract in Lexington but not incorporated in city limits. City Utilities are all around property. HIGHEST AND BEST USE IS FOR DEVELOPMENT OF RESIDENTIAL OR COMMERCIAL.

Friday, April 23, 2010

Lead Base Paint and Older Home Purchase

Lead Base Paint is in all homes built before 1978. That is what I tell my customers when they are looking to purchase a home built in prior to "78". My job is to help the consumer to understand about defects and disclosures. So, I explain to consumers that even though a seller may say there's no reports or knowledge of lead base paint... it could be there.

Lead exposure can affect any adult, but is a high concern for pregnant women and children, because toxins effect a developing brain and absorption by the bone at high levels. Knowledge and education is key. But... lets put this in perspective.

People deal with lead in our lives. Fishing weights are made of lead, there's leaded gasoline in older vehicles... copper pipes were soldered with lead for connections for plumbing. Toys that come from foreign countries still use lead to paint toys and dishes. Primarily, the problem lies when children eat paint chips, (lead taste sweet), off in the floor or window seals, or... when sanded paint becomes inhaled in dust form. When working on, or with lead... lead particles gets on clothes and can be brought into your own home.

As of April, 2010... the EPA has introduced new regulations for the housing industry. Renovations, repair and painting contractors must be certified and use lead-safe work practices when working in homes built before 1978. These regulations may cause work on these old houses too expensive to repair, and buyers need to re-think the purchase. Consumers can opt out working on their own homes or occupants can sign a statement stating there are no pregnant women or children residing in the home for the contractor to do the work.

Friday, March 5, 2010

What about the roof?

Helping buyers with information about the roofing materials and it's condition should be directed to a roofing expert for inspection.

I have found that composite shingles are the most commonly material used. The lower-end, three tab shingle vary in life ranges of 15 to 20 years, where heavier and more expensive architectural shingles give a textured, three dimensional look. The life expectancy is 30 plus years for the higher grade shingle.

Clay,tile and slate are stylish and more unusual. The cost is also expensive and takes longer to install by a experienced seasoned contractor. These type of materials heat up slowly which provides a more moderate effect on hot temperatures. Tiles are lighter than concrete, but more fragile. Both these materials can weather years beyond the life expectancy of traditional asphalt/composition shingles. An estimate maybe of 50 plus years.

Metal roofs are becoming more popular. They come in a variety of textures, shapes and thicknesses. Composites can look like wood shakes to slate and can be pricey. Life spans can reach 50 plus years.

Thursday, February 11, 2010

The Average Size of Homes are Declining

According to the U.S. Census Bureau... the average square footage of a new house has decreased slightly to 2215 square feet from it's high of 2277 sq. ft. in 2008. This is the first drop since the recession of the early 1980's. Americans are starting to embrace the idea that less is more when it comes to living space... perhaps due to the 2007 economic down cline again.

What is interesting is current housing standards are double the average home of the 1960's.

Monday, February 8, 2010

Land for Sale in Central McClain County just South of Norman, Oklahoma

Are you needing land to build your new home... or set up a mobile home? I have several tracts available with or without building and livestock restrictions. If you have questions on what kind of down payment needed for a land purchase, call me.

Land is not a 30 year mortgage but a bank loan is needed... you may be best qualified to apply for a construction loan to obtain your land/home purchase. I have the answers to your questions!

Thursday, February 4, 2010

Can I Afford a Home?

A computer program called Desktop Underwriting states that a consumer should expect 28% of gross income spent on housing expense and could not exceed 36%.

Other than government lending programs, (and rules change all the time), the borrower also needs equity in the form of a downpayment.... not to mention being credit worthy.

Monday, January 25, 2010

Price Your Home Listing Right!

Getting your property priced correctly at the listing with your Realtor is "key" to having a quick sale.

My job, as your Realtor... is to assist you the buyer, with comparable sales of property and provide information as to what your listing is worth today. Sometimes, I might suggest having a professional appraisal in hand, to back up my opinion... since I am the listing Realtor.

The correct pricing will produce urgency with buyers in the early days of your listing. Don't be surprised when buyers make an offer in the first two weeks of a listing... when it is not overpriced. A common mistake is a seller thinking the listing is under-valued and not accept the offer because it happens so fast. This simply means that a majority of the buyers who are currently searching in a neighborhood are interested in your property. These buyers are looking... a sign goes up... it's on a web site they have been watching and, it's priced right, then BINGO, they make an offer!