Real Estate Lake of the Ozarks

Building equity in your home is incredibly important and valuable. Simply put, "equity" is the amount of home you actually own. In order words, it is the difference between your home's actual market value and the outstanding loans you still have against the property. For example, if your home is worth $200,000 and your mortgage loan still has an outstanding balance of $160,000, you have $40,000 of equity in your home.


Home equity is a valuable asset to have. If you are short on cash, you can use it to take out a home equity loan. This is a loan against the amount of property you actually own. (To go with our previous example, this would be $40,000.) You can also use the equity in your home to put towards the down payment on your new home at the Lake of the Ozarks or to fund your retirement. So, how do you build equity in your home? Here are a few tried-and-true strategies.

1. Make Larger Mortgage Payments
If your loan doesn't have any prepayment penalties and if you h…

Are you considering taking the plunge and putting your current house on the market? If so, you've probably already been on the hunt for a new home, and may already have your eye on your dream home! Selling your home at the Lake of the Ozarks is a multifaceted process that should not be undertaken lightly. There are several different factors that must be given lots of consideration. Pricing your current home correctly is one of many important steps to turning that dream of yours into a reality. As you start to weigh your options, let the Fran Campbell Team help you get the best possible deal.

3 Tips For Pricing Your Home To Sell


1. Get a general idea of your home's potential worth.  There are several ways to go about this. Researching the asking prices of similar houses in your area or using online calculators can be great places to start. This information can be extremely varied, so be sure to get to get information from a variety of sources and average out your results.

After y…

Home improvement projects are a great way to keep your home in good condition and, when performed correctly, add value to your Lake of the Ozarks home in the process. With so much rain in the forecast for this coming week, Fran Campbell Team is here to help you make the most of your time by offering this quick list of rainy day home improvement suggestions.


1. Check For Leaks
Leaks are often some of the most detrimental issues homes can develop. If left unchecked, water that leaks into your home over the course of several months can cause extensive (and expensive) damage. During the rainy days ahead, take the opportunity to check your home thoroughly for any unwanted water that may be coming in and take steps to remedy it.

2. Install A Programmable Thermostat
A programmable thermostat allows you to set different temperatures for your home for different times of day. For example, you can set your home to be a little warmer during the day when everyone is away at work/school and a little …