Real Estate Lake of the Ozarks

Get out your coats, hats and gloves for one of the most popular winter events at the Lake of the Ozarks. Lake of the Ozarks Eagle Days will return for its 10th year at the Lake on Saturday, January 9 and Sunday, January 10. The first live eagle program held in 1999 attracted 651 participants. Last year, over 3,700 people attended to make it one of the most successful Eagle Days in years past. Click HERE for a detailed schedule of events! It's always a holiday at Lake of the Ozarks!

By AmerenUE Published: Tuesday, December 22, 2009 8:53 PM CST LAKE OZARK, Mo. -- AmerenUE advises dock owners at Lake of the Ozarks that the annual winter lowering of the lake level will soon begin. The company reminds property owners that they should take appropriate measures to protect their docks from the lower water levels and other winter conditions that routinely occur at this time of year. UE normally lowers the lake by several feet during the winter months to provide increased water storage capacity for flood control during the spring rainy season. Phil Thompson, superintendent of UE's Osage Power Plant at Bagnell Dam, says the annual lowering of the lake is expected to begin around Jan. 1, 2010, and reach a target seasonal low of about 654 feet (above sea level) by mid-February. However, Thompson says lake elevations down to 651 feet—9 feet below full reservoir—are possible during the winter season. He adds that UE’s federal license permits the level to go as low as 645 fe...

Considering selling your home this Winter? That’s a great Idea! We’ve been talking to a lot of sellers lately that are in the mindset that it is better to wait for the spring market to list their homes. These sellers are correct in knowing that more homes are sold in the Spring than any other time of the year. Over 30% of homes sell in May, June and July. The Fall and Winter can also be a great time to put your home on the market. For one, the competition for buyers is a lot lower. If you look at the chart below, you will notice that there are always more homes on the market in the Spring and less in the Fall leading into the Winter months. This unneeded competition in the Spring can end up hurting the value of your home. Another upside to listing right now is that you will be dealing with serious and motivated buyers only. A look-loo will not waste your time looking during the Winter months. Buyer’s looking right now are typically have-to buyers. The majority of corporate relocations...

By STEPHEN OHLEMACHER (AP) WASHINGTON — Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper. First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at the end of November, the Senate voted Wednesday to extend and expand the tax credit to include many buyers who already own homes. The House could vote on the bill as early as Thursday. Buyers who have owned their current homes at least five years would be eligible for tax credits of up to $6,500. First-time homebuyers — or anyone who hasn't owned a home in the last three years — would still get up to $8,000. To qualify, buyers in both groups have to sign a purchase agreement by April 30, 2010, and close by June 30. "This is probably the last extension," said Sen. Johnny Isakson, R-Ga., a former real estate executive who championed the credits. The homeb...

A major joint venture for Short Sales was announced late Tuesday (Oct. 20). RE/MAX International issued this press release: Real Estate Leaders Unite to Reduce Foreclosures New Short Sale Strategy Designed to Help Homeowners Avoid Foreclosure RE/MAX International of Denver, Colorado and HEART Financial Services of Northbrook, Illinois have agreed to work together to help homeowners avoid foreclosure. The real estate franchisor and loan modification leaders have created a unique pre-foreclosure or "Short Sale" strategy that will make it easier for families to sell their homes and avoid the trauma of a foreclosure. "It's unfortunate that the Short Sale process has been so difficult to navigate in this marketplace," says Dave Liniger, Chairman and Co-Founder of RE/MAX International. "We've been working hard to promote streamlined Short Sales to provide both significant benefits to lenders, and a welcomed opportunity for homeowners to get a fresh start....

What You Need to Know About Short Sales September 29th, 2009 · If it seems like short sales have suddenly exploded in the real estate arena, it’s not your imagination. Once considered relatively rare, short sales have become a common phenomenon in the past 18 months, thanks in large part to the banking and mortgage crisis. To find out if you can benefit from a short sale, here’s some helpful information about the practice. What Is a Short Sale? Short sales occur when the bank and seller agree to a purchase price for real estate that is less than the original mortgage amount and does not cover the entire cost of the existing debt obligation. Who Benefits? Depending upon how the deal is structured, everyone can benefit from a short sale. The seller benefits from the ability to save his or her credit rating and avoid bankruptcy or face a mountain of debt, the buyer benefits from acquiring a property at below market price, and the lender benefits from a sure sale that reduces the risk of a...

Ladies and Gentleman start your boat engines and get ready for the 2009 Offshore Super Series at Lake of the Ozarks. Racing starts at 12 noon on Saturday and Sunday. If you love power and speed then look no further, this is the weekend at Lake of the Ozarks for you! These are no ordinary boat races, these my friends, are the Nationals! Click here for all the details! Something new for LOTO this year will be the addition of OSS Speed Runs. The Speed Runs will be similar to a drag, two boats running side by side in a contest for “Top Gun” bragging rights as the fastest boat in its class. The Speed Runs will be open to any Teams providing their boat conforms to the OSS Spec class rulebook. So don't listen to those who've told you that the "season" is over at the Lake, we're just gettin' started! Pack your cooler and head out on the boat, and for you land lovers enjoy the races at Toad Cove or Shady Gators ! Remember there's a no wake zone from the 5MM to the ...