Real Estate Lake of the Ozarks

GSEs Adopt HAFA Guidelines Fannie Mae and Freddie Mac are now allowing struggling homeowners with loans backed by the government-sponsored enterprises, or GSEs, to sell their properties through a Short Sale or deed-in-lieu of foreclosure if they can't get a loan modification, officials announced this week. GSE loans were excluded from the Treasury's Home Affordable Foreclosure Alternatives (HAFA) program's guidelines, which went into effect in April. HAFA, which streamlines the Short Sale process, was created to help both homeowners and banks avoid foreclosure. To be eligible for HAFA, Fannie and Freddie loans must first qualify for and enroll in the Home Affordable Modification Program (HAMP). GSE loans are eligible for HAFA only after HAMP and other home-retention options have failed. Freddie Mac and Fannie Mae servicers must comply with the new HAFA procedures by Aug. 1; the program expires Dec. 31, 2012. Here's an excerpt from a DSNews article detailing the new GSE ...

The First Time Home Buyer Tax Credit is now complete. But many people are now wondering was it a success? Click HERE to read a great article on the results by Danielle Hale, Research Economist for NAR. As always, whether you're looking to buy or sell, let Fran Campbell Team help you with all of your Real Estate needs. To see Lake area listing go to www.FranCampbell.com/blog today!

At Fran Campbell Team we not only want to bring you top notch service in Real Estate but we also want to let you know what is going on around the area! There are many activities this weekend, check them out! 29 th Annual In-Water Boat Show at it's NEW location Dog Days - Click Here for Details Dogwood Festival - Including an art show, parade, dinner theatre and more! Click Here for Details Captain Ron's Crappie Masters State Tournament & Kid's Fishing Derby - Click Here for Details For more details are Lake Area activities log on to www.funlake.com or www.LakeAreaChamber.com You can never say, "there's nothing to do" at Lake of the Ozarks. And as always, Fran Campbell Team is here to help you with all of your Real Estate needs. Whether you are buying or selling please call 573-302-2390. To see Lake Area Listing log on to www.FranCampbell.com/blog

Published: Wednesday, March 17, 2010 9:18 AM CDT Recreational boat owners who paid state sales taxes on a boat purchase, or those who secured a loan to finance a boat, may have some tax deductions available when filing their 2009 federal income tax return. The Sales Tax Deduction For boat owners who paid substantial state sales taxes on a new or used boat purchase last year, the Tax Extenders Act of 2008 continues to offer a federal tax deduction for state sales taxes. Boaters must choose either the state sales tax deduction or state income tax deduction on their federal tax return -- you cannot take both. In addition, to take the state sales tax deduction, the sales tax on a boat purchase must be applied at the same tax rate as the state's general sales tax. In order to claim the sales tax deduction, tax returns must be itemized. State sales taxes are entered on IRS form Schedule A , line 5b. The Boat Loan Deduction For those owners with a secured boat loan, mortgage interest paid...

By Lakeexpo.com Staff Published Tuesday, Mar 9, 2010 CAMDEN COUNTY, MO - After over two years of legal wrangling, the City of Osage Beach has prevailed against Four Seasons Marina Rentals, Inc. The lawsuit questioned the legality of the decision by the city to extend a $3.7 million Tax Increment Financing district to John Q. Hammons Hotels & Resorts for Chateau Lake of the Ozarks. Four Seasons Marina Rentals contested the "blighted" designation given the piece of property on the Grand Glaize Arm of the lake. Construction of the $100 million, 15 story, 320 room luxury hotel was put on hold pending legal resolution. Senior Judge B.C. Drumm, Jr. issued the declaratory judgment Monday, March 8, upholding the constitutionality of the decision made by the City of Osage Beach to extend the TIF to Hammons. Four Seasons Marina Rentals' attorney John Curran of Osage Beach declined comment Tuesday morning about the likelihood of appeal. Curran filed the lawsuit December 7, 2007,...

Don't miss your opportunity to celebrate in style this weekend at Lake of the Ozarks with the Lake of the Ozarks Mardi Gras Pub Crawl, Feb 13! $15.00 per person includes wristband, bus transportation and pick up/drop off at participating hotels. For more info on the Pub Crawl click HERE ! Don't forget that Fran Campbell Team is your one stop shop for all of your Real Estate needs. Whether your looking to buy or sell, our Team of experts is here to help you with the process. Check out our great inventory and Lake Area listings at www.FranCampbell.com/blog Hope to see you this weekend at Lake of the Ozarks!

Looking for an excuse to come to the Lake over Valentine's weekend? Well Fran Campbell Team has two great reasons you should join us! Fran Campbell Team has great inventory right now that you need to be checking out! We have something in everyone's budget - condos, residential homes, lots and of course we have great deals for first time home buys. Why don't you contact us at 573-302-2390 and set up your appointment with one of our knowledgeable agents? Before you come down, check out our inventory online by clicking HERE ! While your in town, be sure to stop by the Lake Area Chamber of Commerce's 9th Annual Home & Garden Expo at the Lodge of Four Seasons Exhibit Hall. The hours are Feb 13 - 9 to 5, and Feb 14 - 10 to 4 - and the best part? Admission is FREE! Remember, every day is a Holiday at Lake of the Ozarks!