5 Tips for Buying a Home!
Buying a home at the Lake of the Ozarks is one of the biggest and best personal investments you will make in your lifetime. Navigating through the home buying process can be an overwhelming experience but when you have a professional and knowledgeable real estate agent at the Lake of the Ozarks to help it’s a lot less stressful. Read on to get a few tips for successfully buying a home at the Lake of the Ozarks . #1 Make A Plan And Get Pre-Qualified Every important decision needs to be clearly thought out. Developing a home buying plan can help you focus on the important factors and organize the entire process. You may even want to use a binder with sections on house hunting, home financing, service providers, etc. Loan pre-qualifying helps you determine the home price you can afford and presents you as a genuine prospect to the seller. A lender typically uses the 28% formula (your monthly mortgage can't exceed 28% of your monthly income) in approving your loan. Planning