Lake of the Ozarks Real Estate

Congratulations! You're about to close on your dream home . It's spacious, beautiful, and it has that luxurious screened in porch you've been dreaming about for years. You can't wait to move in and begin unpacking everything! With so many exciting things to think about, performing a final walk-through of your new home is usually the last thing on any buyer's mind. You've seen the house plenty of times; why do you need to inspect it again? The final walk-through is not another inspection, though. It's a chance to make sure everything is in the condition you and the previous owners agreed upon. A thorough walk-through should be performed 2-3 days before closing. After you close, any problems you discover will be your responsibility to fix, not the previous owners. Final Walk-through DOs and DON'Ts DO: Flip on all the light switches to make sure the lights work Turn on all appliances (dishwasher, washing machine, etc) and make sure you get the ow...

Finding the perfect home is about more than putting a roof over your head. It's about building equity, increasing your assets, and making an investment in you future. At Gattermeir Davidson , we talk a lot about how to find the perfect home at the Lake and local real estate trends, but this week we wanted to look closer into the investment side of real estate at the Lake of the Ozarks . Owning Your Own Home Enables You To Build Equity The terms "building equity in your home" get tossed around quite frequently, but do you know what they really mean? Essentially, "equity" refers to the amount of the home that you actually own - the portion of the loan that you have already paid off.  Having equity is an asset, and it comes with important benefits. For example, if/when you sell your home at a later date, you will be able to turn your equity into cash. Also, if you are short on cash at a later date, you can actually borrow against the equity you already ha...