Dream Home Benefiting Lawton Food 4 Kids Opens End of March!

Lawton, OK (March 7, 2012) – The Oaks Development Company’s fourth annual dream home will open at the end of this month, March 31 and April 1st. All proceeds from the $5 admission charge will go directly to The Lawton Food 4 Kids. The home is located at 6333 SW Red Oak Blvd. and will be open on Saturday, March 31 from 10:00 am to 5:00 pm and Sunday, April 1 from 1:00 pm to 5:00 pm.

The Villa Style home is located in Oak Ridge Addition, south on 67th street past Lee Blvd., left into Oak Ridge.

Food 4 Kids is a wonderful program that provides chronically hungry elementary school children in Lawton Public School’s with backpacks full of nutritious food to take home over the weekends and on school holidays. Without this program many of these children would have little or nothing to eat aside from the free meals they receive at school.

Over the past three years, The Oaks Development Company has raised nearly $18,000 for Food 4 Kids through their Dream Home tours. The proceeds were able to supply many backpacks worth of weekend nutritious food for chronically hungry children.

The name of this year’s home is Villa DaVinci. This nearly 4,000 square foot luxury home will be fully furnished and staged by Darby’s Big Furniture. Visitors can view a fully equipped chef’s gourmet kitchen, an outdoor living room featuring a full service outdoor kitchen, fireplace and entertainment center, fully staged state of the art sound insulated home theater and all of the latest styles in home design.

Builder Ron Nance explains that he is excited to “give people the opportunity to see something they’ve never seen before in Lawton while supporting a truly worthy cause.” Nance continues to give back to the community as the builder of the Westbrook project for ABC’s Extreme Makeover Home Edition and recipient of Lawton Homebuilders “Builder of the Year” two years in a row.

Record Low Interest Rates and Increased VA Loan Limits

With interest rates at record lows the home of your dreams may be closer within reach than you realize. In 2012 the VA Jumbo loan limit was increased to $1million for qualifying veterans. A jumbo loan is defined as any loan greater than $417,000. Part of the great news is that down payments are minimal on these loans and interest rates are below 4%! For any VA loan up to $417,000 VA guarantees the entire amount and $0 down is required. For any amount over $417,000 the borrower is only required to put down 25% on the amount over $417,000. For example, on the Lakeside Chateau valued at $562,021, the down payment would only be $36,255. If you have this amount in cash, investment or home equity you are good to go! At 3.75% interest on a 30 year fixed loan the monthly principle and interest payment would only be $2,434. Imagine living in this Mediterranean Castle directly on a lake for such a low monthly investment. We will probably never see interest rates this low again in our lifetime! Now is a once in a lifetime opportunity to lock in a payment as low as it will ever be on the home of your dreams in The Oaks. Think 10 years from now, what will you wish you had done today? Don’t settle for less, come out today and join the many other families who are living their dream in The Oaks!