Check out this new Single-family property that I just posted on my Web site. It is at Texann Rd. - Duchess Creek Area in Eufaula. Looking for convenience? This 3 bedroom 2 bath water front home is located on Texanna Rd. close to Duchess Creek Marina and close to stores and restaurants. 2/3 major remodeling project is completed. Just needs new owners to finish the final 1/3 work. Great view of the lake from deck on three sides of home. Come see today!.

Are you American Indian and a member of a Federally recognized tribe?  Do you want to own your own home? Come hear Gayla Major, Arvest Bank, McAlester talk about how you can purchase your own home. She will be speaking at the Eufaula Lakeshore Realty office located at Rt. 6 Box 1874, Eufaula (4 miles East of Eufaula on Hwy 9 on the north side of the road.  Just look for the large beautiful sunset!) at 5:30 p.m. on Wednesday, November 12th. 

Gayla will talk about “The HUD Section 184 Indian Home Loan Guarantee Program.”  This is a mortgage product specifically for Native Americans.  With Section 184 financing you can get into a home with a low down payment and no mortgage insurance. If you are a potential homebuyer, Section 184 may be just the thing you are looking for. Take advantage of this free seminar to learn: 

· Why a loan program specific to Native Americans exists

· How Section 184 works

· Who is eligible for a Section 184 Loan

This FREE seminar is part of Eufaula Lakeshore Realty’s monthly “Lake Eufaula Real Estate Talks” program that meets on the second Wednesday of each month at 5:30 p.m. for one hour at the Eufaula Lakeshore Realty office.  All interested persons are invited to attend.  Have questions?  Call 918-452-3184.

Check out this new Single-family property that I just posted on my Web site. It is at 7185 Duchess Creek Estates #2 in Porum. This Single-family property has 3 bedrooms and 2 baths. Enjoy lake living in this nice doublewide on 1 acre of land with large detached garage/shop. Home has 3 bedrooms, 2 bathrooms and wood burning fireplace. Detached garage is somewhat heated and cooled and wired for television. Great place to have watch parties! Boat ramp is near by and boat slip in area available. Call for an appointment to see!.

I was reading on the HUD website at www.hud.govand found some really good material for buyers.  It is so important before buyers start looking for property that they know what they can afford.  This makes life so much easier for buyers, sellers, Realtors and lenders.  I always suggest that buyers get pre-qualified before they start looking.  I found on HUD’s website a page that helps buyers determine what they can afford.  Go to http://www.ginniemae.gov/2_prequal/intro_questions.asp?Section=YPTH and fill in the blanks and see what this form says you can afford.  It is not the same as pre-qualification but it is a place to start.

For those of you who live around Lake Eufaula and for those of you who want to come visit - join us Saturday, October 25th from 11 a.m. to 6 p.m. at Yogi Bear’s Jellystone Park on Lakeshore Dr., Eufaula.  Eufaula Lakeshore Realty will be there and will be competing in the corporate chili cook off.  Our chef is Charlie Everett and he will be accompanied by the Chili Pepper Queens!  You won’t want to miss this See you at the cook off

Come see us at Eufaula Lakeshore Realty!  Meet our latest real estate assistant.  S/he will greet you at the door   Eufaula Lakeshore Realty is in the fall festive spirit.  Our office is decorated inside and out and we are gearing up for the chili cook off on Saturday, October 25th.  If you are going to be in or near Eufaula on the 25th, stop by and taste our great chili!  Our chef is Charlie Everett. The chili cookoff will be 11 a.m. to 6 p.m. at Yogi Bear’s Jellystone Park located at 610 Lakeshore Drive, Eufaula.  See you there!  In the meantime, if you are looking for real estate - call us we’re the best!  918-452-3184

Now that the bailout has passed, I hope that we will start moving towards the point when pre-approval letters from lenders meant something.  This has been a tough year trying to get transactions closed in spite of pre-qualifying customers/clients and obtaining a pre-qualification letter.  It has been as though the loan originators and the underwriters were working from two different guideline books.  With the bail out let’s hope that everyone will get on the same page and make responsilbe but fair lending decisions.