Open House in The Courtyards II at Forest Ridge
Broken Arrow, OK
Saturday 3/27 from 3:00 - 5:00

Spacious, open. Impressive entry, curved staircase, soaring ceiling & windows. Huge granite island in kitchen. Large gameroom with bar, pool table. 1/2 acre m/l lot, lake views from the front of the home, home backs to 8th Fairway on golf course. Awesome views from every window - best lot in the neighborhood! Oversized garage with work area and storage. New roof in 2008. Must see!

Home Buyers don't miss out!  The tax credits offered by the Federal Government has been extended through April 30, but is not expected to be extended again.

First Time Home Buyers can receive up to $8,000.  The credit is for 10 percent of the purchase price of the home and does not need to be repaid.  This is a direct credit meaning that you do not need to have incurred any tax obligation to receive money.  Also, beginning November 7, 2009, an additional category of new homebuyers, long-time residents (who owned their own homes), was added. The credit for this group is a maximum of $6,500, which, with some exceptions, does not have to be repaid.

To be eligible for a tax credit a buyer must be under contract by April 30, 2010 and close on the property before July 1, 2010.

To get details on tax credit options visit the IRS Website at:   http://www.irs.gov/newsroom/article/0,,id=187935,00.html.

For Sale in Broken Arrow, OK, Union School District!

The Villages at Wood Creek II

Flexible floor plan, energy efficient!

For More information Call 1-800-665-7321 and enter 2737.

http://www.washingtonpost.com/wp-dyn/content/article/2010/03/11/AR2010031104544.html

The Biggest Tax Mistake Real Estate Investors Make Article

http://moneywatch.bnet.com/saving-money/blog/home-equity/the-biggest-tax-mistake-real-estate-investors-make/1756/

Read more from this Tulsa World article at

 http://www.tulsaworld.com/business/article.aspx?subjectid=32&articleid=20100311_32_E1_Forecl422706

Mortgage interest rates in the US continue to defy all odds and remain slightly below the 5% range for a 30-yr fixed rate loan.  Below are the average interest rates and APR’s being charged by some of America’s leading mortgage servicers:

30-Yr Fixed                    4.810%     4.925%
30-Yr Fixed FHA            5.125%     5.850%
15-Yr Fixed                    4.250%     4.470%
5-Yr ARM                       3.750%     3.519%
5-Yr ARM FHA               3.750%     3.342%
Jumbo Loans:
30-Year Fixed                5.500%     5.643%
5-Year ARM                   5.000%     3.930%

Remember that these rates will not necessarily reflect the rates offered to every borrower. Rates vary depending on the borrowers financial situation and the way they have managed debt in the past.  We recommended reputable lenders.  Call us (665-8559) if you need contact information for a reputable lender.