Being from Springfield Missouri, Branson has always held a special place full of memories of family outings to the major theme parks in the area, the lakes, and special times with our family members. My children now enjoy the magic of Branson Missouri, and we continue to create memories each time we visit, we live in Ozark, Mo just a few minutes from Branson. There have been some changes over the years and there are many exciting things happening today in Branson. The completion of the Branson Landing and the new airport scheduled to open May of '09 will bring even more families to Branson to enjoy all it has to offer.
Many folks over the years that have visited Branson, Mo have chose to come back to live or retire or simply purchase a 2nd home at the lake to allow them to make even more memories together with family.
Today is a great time to purchase a home in the Branson, Missouri market BEFORE next seasons big boom of travel and the opening of the airport in Branson. My belief is that demand for housing will increase in that area upon completion of the airport and prices of homes are great RIGHT NOW!
Even more exciting is that there are options to finance homes now in Taney and Stone County that may not be available if you wait until after 2009! The reason for this is that Missouri Housing Development Commssion has removed the requirement to be a first time home buyer in order to receive Bond Money until the end of 09 as part of the economic stimulus package in the area. The income limits and purchase price limits are also increased until the end of 2009 and these will be returning to previous levels at the end of 2009. This option would give you the down payment you need for your home purchase without that having to be paid back.
100% options are available in Branson, MO and Stone and Taney County, one of the best options available today on the market is the USDA Rural Development loan program, under this program your able to finance 100% of the loan purchase at a FIXED RATE FOR 30 years and no prepayment penalty! This program is excellent and allows for you to finance you purchase while not draining your savings or retirement for a down payment.
VA Loans - Branson Missouri will be opening up a VA clinic and that means even more veterans will be looking to relocate to Branson Missouri to live close and receive their medical benefits. The VA loan is the perfect option for you with 100% financing available through VA financing again at a fixed rate for 30 years with no prepayment penalties.
Even the IRS is offering an incentive this year to buy your first home by providing an option to obtain an interest free loan from them at tax time after you have bought your house. This could mean 7500 that you could use to pay down other debt your paying interest and transfer that to a loan that has 0% interest and is paid back in annual payments due when you file your taxes for the next 15 years.
FHA financing is also available that allows someone to get in a home with as little as 3% even with credit scores that may be below 620.
Options, Options Options, there are options available to finance a home in Branson Missouri, there are homes on the market in the area, if you are thinking about purchasing or refinancing or if you have any questions regarding the many options that are available to you please feel free to give me a call to discuss, and put together a plan for your home purchase, your 2nd home purchase, the place you will retire to or vacation at.
Darren Stewart
OakStar Bank
417 447 7927
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