A diamond in the sun, this 21.5 acres of gentle terrain a stone's throw from the water's edge is one of a very, very few properties this close to the waters of Bull Shoals Lake and we're selling it considerably cheaper than anything comparable that we were able to find on the web.
There's plenty of undisturbed forest on gentle terrain so you can build a get-away for yourself or develop it with several cabins... or both.
$275,000
While we can not offer our regular financing on this parcel, we can arrange Special Financing.
To be perfectly blunt about it, we cannot afford to finance a sale of this size via the usual terms that we provide for every other sale.
However, recognizing that it is difficult to find financing for unimproved land, we have made arrangements with our underwriters to carry your note on this 21.5-acre parcel for approved borrowers.
Here are the loan terms provided us by our underwriters:
Borrower must have:
* 20% down payment
* FICO credit score of 700 or higher
* Debt to Income Ratio of less than 50%
* Verified income, via tax returns or pay-stubs
If you can meet these criteria, we will provide financing for 20 years at the WSJ Prime Rate plus 4-½ points.
Find more information at: http://www.ozarkland.com/BullShoalsLake21.5acres-2.htm
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