Understanding the Home Mortgage Process

When buying a home, one of the first steps to need to look at is getting pre-qualified for a home. Your pre-qualification will give you an idea of what you can afford, and help you know exactly what you're looking for in your next home. There can be many complicated factors to your mortgage, and we want to help you feel at ease through the entire process. The entire eXp Realty team is proud to help you through this exciting process of finding a home, whether it's your first, or you are a seasoned home buyer. Here are a few things you'll need to know about home mortgages to help you understand them better.

What are Closing Costs? Your closing costs will vary from property to property. It can include items like title insurance fees, pre-paid interest, and documentation fees. Your type of mortgage and location can make a difference in these closing costs, so you'll want to talk with your lender and Lake of the Ozarks real estate agent.
What Documentation Will I need to Pr…

15 Fun Facts About the Lake of the Ozarks

The Lake of the Ozarks is renowned as the best place to own a second home in the Midwest. People travel from miles around to soak up some sunshine, break out their fishing rods, get their shopping on, or relax on their private waterfront docks at the Lake. Despite their love of this great destination, however, many people do not know very much about the Lake of the Ozarks. How was the Lake formed? When was the Lake created?

That's why the eXp Realty team has put together a list of some of the top fun facts about the Lake of the Ozarks. Who's excited to learn more about this great destination?!

1. Bagnell Dam was completed in 1931, which officially formed the Lake of the Ozarks.

2. At its greatest depth, the Lake of the Ozarks is 130 feet deep.

3. The surface of the Lake covers approximately 61,000 square miles.

4. There are more than 1,150 miles of shoreline along the Lake of the Ozarks - more than the coast of California!

5. Of all people who own two homes in the Midwest, 40% own o…

Home Ownership Expenses You May Not Have Considered

While the investment of home ownership far outweighs the cost of rent, there are a few expenses that you many not have included in your budget. From landscaping to furniture, a new home can incur expenses that you may not have realized to start with. At eXp Realty, we aim to prepare you for home ownership at the start, helping to make this new and exciting transition and smoothly as possible. Here are a few other things that you should figure into your budget when buying a home at the Lake of the Ozarks.

Homeowner's Insurance
In Missouri, the average homeowner's insurance premium is $1,191. An insurance premium is paid either annually or monthly, and it will depend on your insurance provider. If you are getting a mortgage for your home, many lenders will require that you have homeowner's insurance. It's worth it to do your research and call around for the best price and service.

Utility Bills
These may not come to mind immediately, especially if you've been living in…

Things You Should Look for When Shopping Homes

Buying a home can be a huge purchase, and for many - the biggest. You want to make sure that you inspect every single detail, and that nothing is left unnoticed so you're not surprised later on. From inside to outside and top to bottom, there are many areas that you'll want to get up close with to make sure nothing seems out of sorts. At eXp Realty, our Lake of the Ozarks real estate agents are experienced in these walk-throughs, and can help you make a wise purchase, but just so you're prepared, here are a few things you'll want to look for when looking at a Lake of the Ozarks home.

Examine the Roof
When you're buying a home, you want to make sure that there aren't any concerns with the roof. Look at the surface and make sure you aren't seeing any bubbles, dents, bumps, concaves, etc. Does the roof look new? These are a few of the things you'll want to notice as you inspect the roof of the home. Replacing it can get costly, so pay attention to it before…

10 Reasons to Hire an eXp Realty Agent

Whether you're buying or selling a home at the Lake of the Ozarks, hiring someone who is experienced in the field can make your experience more successful. Your real estate agent can help represent you, keep your interests top of mind, and help you navigate the process of buying or selling a home. The eXp Realty team is here for you, and we have ten reasons to show you how we support you through the process.

1. Education & Experience
When you hire a real estate agent, you don't need to know everything about real estate in order to buy the home of your dreams. You can rely on us to use our education and experience to get you a good deal and seal the deal.

2. We Can Be a Buffer
A real estate agent can provide a buffer between you and all of the other individuals needed to secure your purchase. Whether that's the inspectors, buyers or sellers, or the mortgage company, we can help you navigate the process without getting overwhelmed.

3. We Provide Neighborhood Knowledge
When …

Packing Tips For Moving Into Your New Home

Packing is inevitably one of the most time-consuming and potentially stressful parts of moving, but it doesn't have to be. By utilizing a few tips now, you can save yourself time and energy on packing, as well as money too! At eXp Realty, not only do we assist you in the purchase of your homes at the Lake of the Ozarks, but we also want to give you tips on how to move your belongings from one home to the next. Here are a few tips to remember as you're packing up your home.

Get Started Early
Even if you're a fast packer, you can never start too early. Give yourself a couple of weeks to really sort through the items, and organize while you pack. Start with items that you don't use often like china or books.

Pack Your Items Strategically
Pack all of the immediately needed items in one box, and label them with a star. Or better yet, pack them in suitcases or clothes hampers so you can easily access them. You would want to include clothes, toiletries, a few rolls of toilet pa…

Start Planning Your Springtime Curb Appeal Revamp!

One of the first impressions people will create about your home is from the front yard. It is the first thing that will greet your guests and your potential buyers. While every aspect of your home needs to be in order when selling, your landscape and your yard are extremely important. And what better time than now to start thinking about how you're going to revamp your home's curb appeal for this spring! Here are a few things to keep in mind as you improve your curb appeal before selling a Lake of the Ozarks home.

Edge the Driveway
Bring your boring asphalt to life with edging materials. You can use bricks, pavers, and stone to create an elegant look. The edging can be level with your driveway, or it can be raised to prevent people to driving onto your newly landscaped lawn. This can easily be a DIY project, or you can hire a landscape artist to come in and take care of it for you.

Install Lights along the Sidewalk
Landscape lighting will welcome guests who arrive after dusk and…