Wednesday, June 3, 2009

$193000 / 4br - BEAutiful Log Home - Foreclosure Property (Diamond)

BEAUTIFUL! LOG HOME - ACREAGE

The deals keep coming!!

Get your hands on this 4 bedroom / 3 bath / 1 part bath --- enormous and beautiful log home foreclosure with approximately 3725+ sq.ft. of living space with 1100 sq.ft. of finished basement. It sits on over 5.5 acres of land. This log house is awesome. Call...Call...Call me!

First-time home buyers...get an $8000 check from the government just for buying this home. This is one of THE best bargain in the area!!

REQUEST MORE INFORMATION

1. Call or Email
2. Request the custom flyer for this property

Also check my website for even more great foreclosure properties!!

Best Wishes…Talk to you soon!!

Shawn Dodson
Charles Burt Realtors
417.439.7816
www.ShawnDodson.com

Tuesday, June 2, 2009

Get out and enjoy your summer. According to top vacation companies here are some great spots.

The top 10 summer road-trip destinations are:

1. San Diego. This sun-soaked city in Southern California boasts some of the best beaches and includes the world-famous San Diego Zoo.

2. Philadelphia. The city of brotherly love is home to the Liberty Bell and Independence Hall where the Constitution and Declaration of Independence were signed.

3. Houston. The fourth-largest city in the U.S. is home to NASA mission control and an up-and-coming Museum and Theater District.

4. San Francisco. Leave your heart in the city by the bay, which is home to the famous Golden Gate Bridge, Alcatraz and Fisherman’s Wharf.

5. Dallas. Two-step your way around the Big D with visits to its dozens of theme-parks including Six Flags Over Texas and Hurricane Harbor.

6. Los Angeles. With celebrity sightings abound, the city of glitz and glamour offers Hollywood, the beaches of Malibu and the world-famous Disneyland.

7. Boston. The unofficial capital of New England, this northeast city gives travelers a taste of colonial America with historical sites such as the Boston Tea Party and a chance to catch a game at the fabled Fenway Park.

8. Phoenix. This desert city boasts world-class golf courses, spas and resorts.

9. Saint Louis. The “Gateway City” offers a variety of attractions for road-trippers, including the Gateway Arch and plays host to the Anheuser-Busch brewery.

10. Washington D.C. Check out the historical sites and monuments that dot the nation’s capitol, including the White House, Smithsonian and Lincoln Memorial.

$149900 / 4br - FORECLOSURE - Historical Mansion! (Joplin)

BEAUTIFUL! HISTORIC MANSION! #1 BEST DEAL IN THE AREA!

Here I go again!

Get your hands on this 4+++ bedroom / 4 bath / 3 part bath --- enormous and beautiful victorian foreclosure with approximately 4425+ sq.ft. of living space and 1800 sq.ft. of unfinished basement. This house is awesome. It has a basement and three additional stories of house. Two of the stories are currently usable and the third was in the process of renovation. If the third story was finished it would yield several more bedrooms / bathrooms / whatever! Call...Call...Call me!

First-time home buyers...get an $8000 check from the government just for buying this home. This is THE best bargain in the area!!

REQUEST MORE INFORMATION

1. Call or Email
2. Request the custom flyer for this property

Also check my website for even more great foreclosure properties!!

Best Wishes…Talk to you soon!!

Shawn Dodson
Charles Burt Realtors
417.439.7816
www.ShawnDodson.com

Friday, May 22, 2009

Neosho Bargain - Seriously

As promised...you guys are the first to know!!

This house is not on the MLS yet. If you are interested call me ASAP before it is on for everyone to see.

916 Riverside Dr. - Neosho

3 bedroom / 1.5 Bathrooms
1124 sq. ft.
New Everything! (Carpet, Vinyl, Attic Fan, Paint, Heating System, Hot Water Heater, Lighting, Etc...)


Remodel almost finished. Buy it before they are done and get a great deal. All that's left is minor cosmetics. Less than $1000 worth of remodel left!

Finished...this house is valued at $69,000+

It's ON SALE right now for $57,900 (Did I mention it comes complete with all appliances included!)

Don't need a house right now. BUY IT...FINISH IT...SELL IT for a $10,000 profit!!

CALL ME!

Shawn Dodson
Charles Burt Realtors
417.439.7816
shawndodson@charlesburt.com
www.ShawnDodson.com

Thursday, May 14, 2009

Grant Funded Through ‘The Recovery Act’ to Increase Jobs and Provide Boost to Local Housing Economies

As part of an innovative partnership aimed at job creation and easing the pressures on the housing market, the Department of the Treasury and Department of Housing and Urban Development (HUD) jointly announced programs that will provide billions of dollars in recovery funds to spur the development of thousands of affordable housing units in states around the country. Funded through the American Recovery and Reinvestment Act (The Recovery Act), the programs together will provide approximately $5 billion for states to finance the acquisition and construction of affordable housing for working families.

Through the Recovery Act, the Treasury Department will now for the first time provide state housing agencies resources from which they will in turn provide cash assistance to developers of qualified affordable housing developments to fill the Low Income Housing Tax Credit (LITC) gap. The program will increase the supply of newly constructed or recently renovated affordable housing units for families - affordable housing that otherwise may not have come to market due to current economic conditions.

“Affordable housing is key to every American’s economic security,” said Treasury Secretary Timothy Geithner. “As the recession has worsened, unemployment has risen, and working families have suffered a loss of income, which has caused a downward economic spiral for too many American families and made it more difficult for those families to find affordable housing. With this new program, we are not only creating new jobs through new construction, we are ensuring the availability of affordable housing, which is good for the nation’s economic stability and the economic security of millions of American families.”

The economic and financial crises have presented significant challenges for the construction industry, particularly residential construction. Housing starts have fallen 80% from the peak level seen at the beginning of 2006. Houses currently under construction are at a 12-year low, down 60% from the peak in the first quarter of 2006. This collapse has led to severe job losses in the residential building and specialty trades sector related to housing, with employment down by nearly one-third - a loss of close to 1 million jobs. Such losses not only indicate the significant problems in the residential construction sector, but also suggest that the need for affordable housing has risen markedly during the recession.

In addition to Treasury’s new program, HUD will be awarding $2.25 billion in grants to state housing credit agencies through the Tax Credit Assistance Program (TCAP) to complete construction of qualified housing developments. The TCAP program will ultimately provide affordable housing to an estimated 35,000 low-income households.

“The intended purpose of the American Recovery and Reinvestment Act is to jumpstart the nation’s ailing economy, with a primary focus on creating and saving jobs in the near term,” said HUD Secretary Shaun Donovan. “These programs are an important step in achieving the goal of putting American people back to work while at the same time providing quality, affordable housing options for low-income families. We are proud of the collaboration between Treasury and HUD that enabled us to announce these programs together.”

One of the by-products of the economic crisis has been the freezing of the investment in Low Income Housing Tax Credit, the federal government’s program for the development of affordable rental housing. Tax credits provide an incentive for investors to participate in the program, which in turn provides equity to developers to build multi-family rental housing for moderate and low income families across the nation. Developers depend on the equity generated as a result of the incentive provided by the tax credits to fill project financing gaps. In the current financial crisis, credit is tight, and as a number of traditional equity investors have left the market, the value of tax credits have plummeted. The result is that as many as 1,000 projects containing nearly 150,000 units across the country are on hold.

The Treasury and HUD programs will help jumpstart the market for construction of affordable housing by providing these combined $5 billion in funds for states to finance the acquisition and construction of buildings for affordable housing, which will create thousands of jobs in the construction and specialty trades sectors, from laborers to architects and engineers around the country. The funds will also provide housing for a broad cross section of individuals and families affected by the downturn of the housing market.

For more information, visit www.treasury.gov or www.hud.gov.

Wednesday, May 13, 2009

3021 Perkins - New Listing

Great New Listing!!

Check it out: http://www.postlets.com/res/2183191

You can also find it at my website: www.ShawnDodson.com

Monday, May 11, 2009

NAR: Pending Home Sales, Affordability Rise

Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the latest report by the NATIONAL ASSOCIATION OF REALTORS ®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, increased 3.2 percent to 84.6 from a level of 82 in February. It is 1.1 percent higher than March 2008 when it was 83.7.

Lawrence Yun, NAR chief economist, says it should take a few months for the market to gain momentum.

“This increase could be the leading edge of first-time buyers responding to very favorable affordability conditions and an $8,000 tax credit, which increases buying power even more in areas where special programs allow buyers to use it as a down payment,” he says. “We need several months of sustained growth to demonstrate a recovery in housing, which is necessary for the overall economy to turn around.”

By Region

Here is a breakdown of pending home sales by region:

South: rose 8.5 percent to 93.2 in March and is 7.7 percent above a year ago.
West: increased 3.9 percent to 93.1 and is 1.7 percent higher than March 2008.
Northeast: fell 5.7 percent to 59.5 in March and is 24.1 percent below a year ago.
Midwest: slipped 1 percent to 82.3 but is 8.2 percent higher than March 2008.

NAR: Affordability Remains High

Meanwhile, NAR’s Housing Affordability Index remained near record highs.

The affordability index was 166.7 in March – down from an upwardly revised record of 174.4 in February due to higher home prices in March. The index remains 30.8 percentage points higher than a year ago.

The HAI is a broad measure of housing affordability using consistent values and assumptions over time, which examines the relationship between home prices, mortgage interest rates and family income; tracking began in 1970.

NAR President Charles McMillan says the increase in buying power is quite remarkable.

“Compared to a year ago, the typical family can pay much less in mortgage costs for the same home, or buy a better home without necessarily increasing their monthly payment,” he says. “For buyers who’ve been on the sidelines and have good jobs, the market has never looked more favorable. Homeownership has always offered immediate benefits and long-term value, but the advantages in today’s market are unique.”

A median-income family, earning $61,100, could afford a home costing $291,600 in March with a 20 percent down payment, assuming 25 percent of gross income is devoted to mortgage principal and interest.

Affordability conditions for first-time buyers with the same income and small down payments are roughly 80 percent of that amount. The affordable price was notably higher than the median existing single-family home price in March, which was $174,900