Lake of the Ozarks Real Estate

When buying real estate at the Lake of the Ozarks , one of the most important things to consider is your mortgage options. While it may seem easier to just go with the first mortgage lender you come across, you may be doing yourself a disservice by not educating yourself before making a final decision. To help you make the right choice for your mortgage needs , here are 5 questions every homebuyer should ask their lender: 1. What type of loan is best for me? Loans are not all one-size-fits all, and there are several options out there to meet just about any buyer's particular needs. By doing your research, you'll more easily be able to determine which option is best for you. And it's important to choose a home loan that best suits your financial circumstances, because it can save you major money and make sure those payments will likely remain within your financial reach. So, don't be hesitant to discuss your options with your lender before making a final decision. ...

While there are many things you SHOULD do when buying a home at the Lake of the Ozarks (like hiring the best real estate agents at the Lake of the Ozarks !) there are still many things that you shouldn't do. Just because you've been pre-approved doesn't mean that you are on the home stretch and can relax with your credit, bill paying and more. Here are a few things you should NOT do while trying to buy your home. DON'T Apply for a New Credit Card If you're buying your home via a mortgage you have to remember that your credit is what your home purchase rests on. Because of this, applying for a new credit card can be devastating to your home purchase. It's important to wait to apply for a new card until after you have the keys and everything is said and done. DON'T Buy a New Car Unless you're buying a car that you want to live in, you should wait to buy the car until your home purchase is finalized. DON'T Furnish the Home Before You Own ...

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 Gattermeir Davidson 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 frequently asked questions 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 ...

Trying to decide if you're ready to buy a house at the Lake of the Ozarks ? It should come as no surprise that finances are major factor most people in your situation have to consider. Your house is likely the largest purchase you will ever make in your life, and you have to be sure that you are ready! The down payment is often the biggest obstacle that prospective home buyers have to face, so it should come as no surprise that finding out how much they need for a down payment is a top priority for most buyers. Unfortunately, there is no magic answer that indicates how much your down payment will be, as down payments vary according to several different factors and  different types of mortgage loans have different requirements. Here's a quick look at some of these various factors. What Is The Down Payment? First, let's start with a little background info on the down payment. Since the vast majority of people who purchase homes are unable to do so without a loan...

You may not realize it if this is your first time buying a home at the Lake of the Ozarks , but the time of month that you close on your home can have a significant impact on your finances. There is no "right" or "wrong" time of the month to close, but your desired closing date should match your financial needs. Our Lake of the Ozarks real estate agents are here to help you weigh the pros and cons. Reduced Closing Costs If you're looking to save as much money at closing as possible, closing at the end of the month will probably be your best bet. You won't be making your first mortgage payment at closing, but you will be required to pay interest for every day that you own the home. If you close on May 28th, you would only have to pay interest for four days (28th, 29th, 30th, and 31st). If you close in the beginning of the month, on the other hand, you will have to pay several more days' worth of interest.  Closing at the end of the month wi...